The Pakistani Rupee (PKR) continued to struggle against the US Dollar (USD) and posted losses in the interbank market today.… Read More
Pakistan Relies on Diesel to Generate Electricity Amid LNG Supply Crunch
The South Asian nations, Pakistan and Bangladesh are now relying to a great extent on a costly and dirty diesel-powered… Read More
Pakistan’s Trade Deficit Decreases by 9.7% in a Month
Pakistan’s trade deficit narrowed by 9.7 percent on a month-on-month (MoM) basis from $3.427 billion in January 2022 to $3.095… Read More
PNSC Group Records 18% Profit Growth in H1
Despite the prevailing unfavorable macroeconomic conditions in the country, Pakistan National Shipping Corporation (PNSC) Group has managed to achieve an… Read More
Rupee Plummets Against US Dollar After Global Oil Prices Break 7-Year Record
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses in the interbank market today. It… Read More
Pakistan Recorded Fastest-Ever Export Growth in February
Pakistan’s exports of goods had the fastest-ever growth recorded on a monthly basis in February 2022. The Adviser to the… Read More
Oil Prices Surge Past $110 as Countries Avoid Russian Supply
The prices of oil surpassed $110 for the first time in more than seven years on Wednesday (today) amid increasing supply… Read More
PM Imran Reveals How Govt Managed to Pay for Petrol and Electricity Reductions
Prime Minister Imran Khan, recently unveiled a big relief package, announcing amnesty for investors and cutting fuel prices along with… Read More
BankIslami Records Highest Ever Profit of Rs. 2.13 Billion in CY2021
BankIslami Limited posted its highest ever profit after tax of Rs. 2.13 billion in 2021, demonstrating growth of 25.1 percent… Read More
Inflation Clocks In At 12.2% in February 2022
Pakistan’s Consumer Price Index-based inflation witnessed an increase of 12.2 percent on a year-on-year basis in February 2022 as compared… Read More
TRG Pakistan Reports a Massive Rs. 12.6 Billion Loss in H1
TRG Pakistan reported a huge loss of Rs. 12.6 billion for the period July-December 2021. The company had reported a… Read More
Rupee Halts Losses Against US Dollar After PM Unveils Relief Package
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
