Honda Atlas Cars Pakistan Ltd. (HCAR) has announced its financial results for the second quarter that ended September 30, 2022.… Read More
US Dollar Rises Above 222 Against PKR With Pakistan Slowly Edging Towards Default
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Pakistan’s Food Sector Has Outperformed KSE-100 in Last 12 Months
The food sector has outperformed the benchmark KSE-100 index by around 13 percent in the last 12 months owing to… Read More
Pakistan is Getting Dangerously Close to Defaulting
Despite Ishaq Dar’s repeated assurances for Pakistan’s economy to survive this fiscal year’s spiraling money crunch, default risk entered alarming… Read More
World Bank Satisfied With Pakistan’s Community Support Project Implementation
The World Bank has rated the “Pakistan Community Support Project (CASA-1000)” implementation satisfactory, which is aimed at improving access to… Read More
28% of Pakistan Railways Locomotive Fleet Non-Functional
Around 129 (28 percent) diesel-electric locomotives in Pakistan are non-functional, according to official documents. There are 461 diesel-electric locomotives owned… Read More
Rupee Loses 3rd Day in a Row Against US Dollar As Default Fears Rattle Market
The Pakistani Rupee (PKR) continued to lose ground against the US Dollar (USD) and posted losses during intraday trade today.… Read More
KP is The Best Province For IT Sector Benefits and Taxes
Khyber Pakhtunkhwa is the best province for IT sector incentives because the cost of doing IT business is lowest as… Read More
Investors Afraid as Pakistan’s Default Risk Rises Further
Pakistan’s default risk entered alarming new levels this week as the cost of ‘insuring’ the country’s sovereign debt shot up,… Read More
Lower Coal Prices May Solve Low Cement Demand
Declining coal prices could help offset the brunt of slow cement demand in Pakistan with the former being a critical… Read More
Rupee Drops Further Against US Dollar As New Rules Confuse Markets
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
LNG Shortage Expected Due to PSO’s Huge Liquidity Crunch
Pakistan State Oil’s (PSO) liquidity crunch has hit an all-time high of nearly Rs. 900 billion due to a menacing… Read More
