Pakistan’s 2024 bonds have fallen for the sixth consecutive day, according to investors tracking developing-country dollar-denominated bonds, Bloomberg reported on… Read More
Rupee Down 3rd Day in a Row Against US Dollar, British Pound, Euro
The Pakistani rupee (PKR) shed further against the US Dollar and posted losses during intraday trade today. The Pakistani rupee… Read More
China is Concerned Over Pending $1.5 Billion Payments
Beijing has voiced serious concerns about $1.5 billion in overdue payments to CPEC independent power plants (IPPs), as well as… Read More
Rupee Loses 2nd Day in a Row Against US Dollar, British Pound
The Pakistani rupee (PKR) dropped further against the US Dollar and posted losses during intraday trade today. The Pakistani rupee… Read More
Banking Industry Deposits Reach Rs. 23 Trillion
The deposits in the banking industry have surged to a new height, reaching a level of Rs. 23 trillion by… Read More
Rupee Reverses Friday’s Gains Against US Dollar As Uncertainty Reigns Supreme
The Pakistani rupee (PKR) reversed gains against the US Dollar and posted big losses during intraday trade today. The Pakistani… Read More
World Bank Rates Progress on $200 Million Punjab Project As ‘Moderately Unsatisfactory’
The World Bank’s Punjab Human Capital Investment Project (PHCIP)’ worth $200 million made limited progress in the implementation of the… Read More
Rupee Ends Dramatic Week With Big Gains Against US Dollar
The Pakistani rupee (PKR) reversed losses against the US Dollar and posted big gains during intraday trade today. The Pakistani… Read More
Remittances Increase for the First Time in 6 Months
After five consecutive monthly declines, remittances in February registered an increase of 4.9 percent on a month-on-month (MoM) basis and… Read More
Cement Sector Posts Double-Digit Profit Growth in Q2 Despite Weak Macros
Pakistan’s top cement companies reported double-digit profit growth in the current fiscal year’s second quarter (FY23) despite current macroeconomic challenges… Read More
PSO’s Inter-Corporate Debt Hits Rs. 1.024 Trillion
As of March 8, 2023, Pakistan State Oil’s (PSO) inter-corporate debt soared to Rs. 1.024 trillion with receivables at Rs.… Read More
Over Half of Companies Filed Returns Without Assistance of Tax Consultants: Survey
The Taxpayers’ Satisfaction Survey (2023) of the Federal Board of Revenue (FBR) revealed a strange result 53 percent of businesses… Read More
