The Public-Private Partnership Authority (P3A) Board has approved the project proposal for the construction of Sukkur-Hyderabad Motorway (M6) at astonishingly… Read More
SBP’s Reserves Plunge by $241 Million
Foreign reserves held by the State Bank of Pakistan (SBP) witnessed outflows of $241 million in the week that ended… Read More
Assets Held by Mutual Funds Dip Below Rs. 1 Trillion
The values of assets under mutual funds being managed by asset management companies have decreased to below Rs. 1 trillion… Read More
World Bank Credits Pakistan’s Microfinance Sector for Economic Stability
As the economic crisis arising from the COVID-19 pandemic unfolded in Pakistan, the operations of microfinance institutions (MFIs) were severely… Read More
Rupee Continues to Recover Against US Dollar After SBP Updates Export Scheme
The Pakistani Rupee (PKR) continued to prevail against the US Dollar (USD) and posted gains in the interbank market today.… Read More
Govt Increases Petroleum Levy by Rs. 4 Per Liter
Besides elevating the domestic prices of POL products, the Government of Pakistan has also increased the petroleum levy by Rs.… Read More
Engro Corp. Posts Massive Profit of Rs. 52.61 Billion For CY2021
Pakistan’s premier conglomerate, Engro Corporation announced its financial results for the year ended 31 December 2021. Overview of Financial Performance… Read More
Cut-off Yield on Fixed Rate PIBs Down by 11 BPS
The cut-off yields on the fixed-rate Pakistan Investment Bonds (PIBs) were down by 9-11 basis points (bps) in the auction… Read More
Cabinet Committee on CPEC to Deliberate On Resolution of Disputed Gwadar Land Today
The Cabinet Committee on China Pakistan Economic Corridor (CCoCPEC) will today (Thursday) consider the implementation plan for the vacation of… Read More
Petroleum Imports Double in First 7 Months of FY22
Petroleum group imports witnessed an increase of 107.35 percent as they reached $11.696 billion in July-January 2021-22 compared to $5.640… Read More
Textile Exports Hit All-Time High of $11 Billion in 7 Months of FY22
Pakistan’s textile exports surged to an all-time high as they surged by 25 percent to $11 billion during the first… Read More
Pakistan’s Mobile Imports Surge 11.86% in 7 Months
Pakistan imported mobile phones worth $1.270 billion in the first seven months (July-January) of the current fiscal year compared to… Read More
