The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
International Packaging Films Ltd. Plans to Raise Rs. 2.16 Billion With IPO at PSX
International Packaging Films Limited (IPAK) is planning to raise Rs. 2.159 billion through an initial public offering (IPO) of 63.5… Read More
Govt Announces Record-Breaking Increase in Petrol Prices
The government has approved an increase of Rs. 12.03 per liter for petrol following a rise in prices in the… Read More
Askari Bank’s Profits Decline by 10% in CY2021
Askari Bank has reported a 10 percent drop in profits to Rs. 9.71 billion for the year ended December 31,… Read More
Rupee Returns to Pre-IMF Loan Levels as Volatile Global Oil Prices Spread Fear
The Pakistani Rupee (PKR) continued to lose ground against the US Dollar (USD) and posted losses in the interbank market… Read More
Pakistan’s Medicine Shortages Are Due to Govt Policies: Analyst
The issue of persistent medicine shortages continues to plague Pakistan due to the government’s pricing policies and the heavy import… Read More
Here’s How Russia-Ukraine’s War Could Affect Pakistan
The looming Russian invasion of Ukraine has led local developments to forecast ‘panic’ in Pakistan’s economy and other various sectors.… Read More
Rupee Loses Big Amid Tricky Russia-Ukraine Tensions
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses in the interbank market today. It… Read More
Cabinet to Approve Historic “Personal Data Protection Bill” Tomorrow
The Federal Cabinet is likely to approve the “Personal Data Protection Bill,” proposing up to Rs. 25 million fine for… Read More
Shocking Details of How China’s Saindak Copper-Gold Deal is Ripping Pakistan Off
The Metallurgy Corporation of China (MCC) will pocket 80 percent of the profits from the freshly-inked Saindak Copper-Gold Project, while… Read More
Remittances Still Above $2 Billion Despite 14.9% Drop in January
The inflows of remittances suffered a fresh blow as they declined by 5 percent in January 2022 compared to the… Read More
PSO Posts its Highest Ever Profit in H1
Outperforming the industry, Pakistan State Oil (PSO), the largest energy company in the country, has reported the highest ever profit… Read More
