The Association of Builders and Developers of Pakistan (ABAD) has claimed that 50 percent of ongoing construction projects have come… Read More
Rupee Reverses Last Week’s Gains Against US Dollar, Saudi Riyal
The Pakistani rupee reversed last week’s gains against the US Dollar during intraday trade today after opening trade at 285.65.… Read More
Stock Exchange Companies Have Backup Plan to Avoid Govt Raid
Many publicly traded firms have started hinting at distributing dividends and bonus shares in the guise of expanding their “authorized… Read More
Honda Pakistan’s Annual Profits Nosedive Due to High Car Prices
Honda Atlas Cars Limited (HCAR) posted a profit after tax of Rs. 260.14 million in the financial year ended March… Read More
Rupee Ends Week With Big Gains Against US Dollar, British Pound
The Pakistani rupee gained further ground against the US Dollar during intraday trade today after opening trade at 286. The… Read More
Pakistan Banks Association Asks FBR to Reduce Tax Rate For Banks in Budget 2023-24
The Pakistan Banks Association (PBA) in its federal budget proposals for the fiscal year 2023-24 (FY24) has requested the Federal… Read More
RLNG Rates Up by 1.3% in May
The government raised the average monthly sale price of re-gasified liquefied natural gas (RLNG) by up to 17 cents or… Read More
Pakistan’s Debt Problems Are Also Hurting World Economy: Researcher
Pakistan’s struggle to service its debt is not just a disaster for the country but also not very good for… Read More
Pakistan’s Per Capita Income Plummets to $1,568 This Year
Pakistan’s per capita income in US dollars has fallen to $1,568 in the outgoing fiscal year 2022-23 (FY23), down by… Read More
Searle Pakistan to Buy Searle IV Solutions and Stellar Ventures for Rs. 7.25 Billion
The Board of Directors (BoD) of Searle Company Limited (PSX: SEARL) has given its approval for acquiring Searle IV Solutions… Read More
Philip Morris Raises Concerns Over Pakistan’s Soaring Illegal Cigarette Market
The documented tobacco sector in Pakistan is experiencing a significant decline in sales, resulting in a loss of billions of… Read More
Rupee Posts Massive Gains Against US Dollar, Other Currencies
The Pakistani rupee gained further ground against the US Dollar during intraday trade today after opening trade at 287.45. The… Read More
