Pakistan’s tobacco sector has taken one on the chin as cigarette makers on Saturday notified huge price hikes of 250… Read More
PSO Posts a Loss of Rs. 3.36 Billion in First Half of FY23
Pakistan State Oil Company Limited (PSO) announced its financial result for the half year of the financial year 2022-23 (1HFY23)… Read More
Rupee Up 4th Day in a Row Against US Dollar
The Pakistani rupee (PKR) surged higher and posted gains against the dollar during interbank trade on Friday, rising as high… Read More
Standard Chartered Records All-Time High Profit
Standard Chartered Bank Pakistan maintained its profitable trajectory this year with an all-time high profit of Rs. 19.84 billion in… Read More
PSO Gets Huge Price Benefit on Fuel Rates to Offset Losses From PKR Devaluation
The federal government granted Pakistan State Oil (PSO) an exchange rate adjustment of Rs. 9.92 per liter on petrol and… Read More
Digitization Can Add $60 Billion to Pakistan’s Economy in 7-8 Years: Report
Digitization offers innovative employment prospects to the 23 percent of Pakistan’s population that falls in the 20–34 years age group… Read More
Rupee Rises 3rd Day in a Row Against US Dollar After Govt Surprise Last Night
The Pakistani rupee (PKR) went higher and gained big against the dollar during interbank trade on Thursday, rising as high… Read More
Engro Corp’s Profits Decline by 12.3% to Rs. 46.1 Billion in 2022
Pakistan’s premier conglomerate, Engro Corporation Limited (PSX: ENGRO) announced its financial results for the calendar year (CY) that ended on… Read More
Govt Rejects All Bids for Rs. 100 Billion Fixed Rate PIBs
The government rejected all the bids for fixed-rate Pakistan Investment Bonds (PIBs) against a target of Rs. 100 billion at… Read More
Govt Drops Sui Gas Bomb on Citizens to Get IMF Loan
The Oil and Gas Regulatory Authority (OGRA) formally notified a massive increase in gas prices late Wednesday night for domestic… Read More
PTCL Profit Up 32% to Rs. 9 Billion in 2022
PTCL has reported an increase of 32 percent in its profits during the period. According to a notification to the… Read More
Rupee Gains Further Ground Against US Dollar 2nd Day in a Row
The Pakistani rupee (PKR) gained further ground and reported gains against the dollar during interbank trade on Wednesday, rising as… Read More
