The Planning Commission has disallowed the escalated cost of Rs. 46.04 billion for the Lowari Road Tunnel & Access Roads… Read More
Telecom Sector Incurs Over Rs. 17 Billion in Losses Due to Floods
The telecommunication industry faced losses that eclipsed over Rs. 17 billion during recent floods in the country. Sources told ProPakistani… Read More
Rupee Tumbles 4th Day in a Row After Govt Loses Elections, Dar Seeks Cash Relief
The Pakistani Rupee (PKR) shed last week’s gains against the US Dollar (USD) and posted losses today. It depreciated by… Read More
Banks to Earn 93% More Thanks to Lower Taxes and Better Margins
Bank earnings are projected to increase by 93 percent on a quarter-on-quarter (QoQ) basis on forecasts of improved interest income… Read More
Pakistan Likely to Exit FATF Grey List By the End of This Week
Pakistan is set to leave the Financial Action Task Force (FATF) grey list on October 21 after topping the dreaded… Read More
Off the RaDar: Rupee Slides 3rd Day in a Row As Uncertainty Rattles Markets
The Pakistani Rupee (PKR) continued to lose against the US Dollar (USD) and posted losses today. It depreciated by 0.02… Read More
Rupee Extends Losses Against US Dollar With Dar Out of the Country
The Pakistani Rupee (PKR) continued to lose against the US Dollar (USD) and posted losses today. It depreciated by 0.23… Read More
Petrol Pumps in Karachi Paying As Low As Rs. 35 Monthly Rent on Commercial Property
The State Office, a subsidiary organization of the Ministry of Housing and Works, has leased its land to a petrol… Read More
Rupee Depreciation Hikes Cost of 500KV Sialkot Power Project by Rs. 6.67 Billion
The cost of the 500KV Sialkot sub-station project has escalated by almost 27 percent to Rs. 31.820 billion from the… Read More
Ticking Time Bomb – Pakistan’s Bonds Are Falling And ‘The Worst is Yet to Come’
Pakistan’s US Dollar denominated Eurobonds are falling as the country’s ongoing problems are compounded by recent floods estimated to cost… Read More
Rupee Halts 13-Day Winning Streak Against US Dollar On IMF Inflation Forecast
The Pakistani Rupee (PKR) ended its winning streak against the US Dollar (USD) and posted losses today. It depreciated by… Read More
Sentiment-Driven Rupee Recovery May Fizzle Soon Unless Fundamentals Improve
The Pakistani Rupee (PKR) is headed for one of its toughest tests yet and this time, mere positive sentiment or… Read More
