Gold prices in Pakistan decreased on Monday after international rates retreated following early-day gains to above $2,000 per ounce. According… Read More
Pakistan’s IT Exports Register 3% Decline in February
The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services increased by over 1.7 percent… Read More
Current Account Deficit Shrinks by 86% in February to $74 Million
Pakistan’s current account deficit (CAD) decreased by 86 percent on a year-on-year (YoY) basis to clock in at $74 million… Read More
Rupee Nears All-Time Low Against US Dollar After Yet Another Decline
The Pakistani rupee (PKR) reversed last week’s gains against the US Dollar and crashed near its all-time low of 285.09… Read More
Pak Suzuki Suffers Biggest Ever Loss of Rs. 6.33 Billion in 2022
Pak Suzuki Motor Company Limited (PSMC) has announced its highest-ever loss after tax of Rs. 6.33 billion for the calendar… Read More
Banking Sector Chaos Drives Oil Meltdown As Brent Drops to $70 per Barrel
Oil prices fell sharply on Monday with Brent crude crashing to $70 amid fears of the impact of the US… Read More
World Bank Questions $304 Million Project’s Delay in Punjab
The World Bank (WB) has expressed concern over the slow pace of the progress on simplification and automation of key… Read More
Pakistan’s Textile Exports Down 11% in 8 Months of FY23
Pakistan’s textile group exports declined by 11.09 percent during the first eight months (July-February) of the current fiscal year 2022-23… Read More
Rupee Posts Gains Against US Dollar 2nd Day in a Row
The Pakistani rupee (PKR) recovered further against the US Dollar and closed the week with good gains during intraday trade… Read More
Brief Respite As PKR Recoups Gains Against US Dollar, Other Currencies
The Pakistani rupee (PKR) reversed losses against the US Dollar and posted gains during intraday trade today. The Pakistani rupee… Read More
New Future Consumer International Wants to Acquire ZIL Ltd.
Alpha Beta Core Solutions (Private) Limited, being a manager to the offer by New Future Consumer International General Trading LLC… Read More
PSO Proposes Rs. 10 per Liter Levy on Petrol, Diesel to Avoid Default
Pakistan State Oil (PSO) has submitted to the government a cash arrangement formula that includes the imposition of a Rs.… Read More
