Pakistani startups failed to raise a single dollar in the first three months of calendar year 2024 amid investors’ cautious… Read More
Rupee is Killing It – But Here’s Why It Could Be Misleading
The Pakistani Rupee (PKR) has been slowly recovering but at a price. The real effective exchange rate (REER) measures the… Read More
Pak Rupee Jumps 10th Day in a Row Against US Dollar, Other Currencies
The Pakistani rupee rose higher 10th day in a row against the US Dollar after opening trade at 278 in… Read More
World Bank Predicts Pakistan’s GDP Growth Rate Below 3% In Next 3 Years
Pakistan’s economy is expected to grow by only 1.8 percent in the current fiscal year ending June 2024, while no… Read More
Pakistan’s Textile Exports At Lowest Level in 11 Months
Pakistan’s textile exports increased by 3.2 percent year-on-year (YoY) in March 2024 and stood at $1.3 billion compared to $1.26… Read More
PIA Shares Restructuring Plan Ahead of Shareholder Meeting
Pakistan International Airlines Corp Limited (PIAA) has revealed plans for restructuring and its shareholders will vote on this proposal at… Read More
Petroleum Sales Drop By 11% in Nine Months of FY24
The total sale of petroleum products during the first nine months of FY24 reduced by 11 percent YoY to 11.34… Read More
Rupee Up 9th Day in a Row After Marginal Increase Against US Dollar
The Pakistani rupee gained further ground 9th day in a row against the US Dollar after opening trade at 278… Read More
Pakistan’s Inflation Drops to Lowest Level in 22 Months
The Consumer Price Index (CPI) based inflation increased to 20.68 percent on a year-on-year basis in March 2024 as compared… Read More
Bad News: Only Inflation is Driving FBR Tax Revenue
The Federal Board of Revenue (FBR) has shown commendable performance by collecting Rs. 6,710 billion in nine months of fiscal… Read More
Pakistan Manufactured 6.1 Million Mobile Phones in First 2 Months of 2024
The local manufacturing/assembling plants manufactured/assembled 6.1 million mobile handsets during the first two months (January-February) of the calendar year 2024… Read More
Profits of Listed Pharma Companies Went Down by 42% in 2023
Pakistan listed pharmaceuticals sector’s earnings were down 42 percent YoY to Rs. 7.9 billion in the calendar year 2023. According… Read More
