The Pakistani rupee lost further ground second day in a row against the US Dollar today after opening trade at… Read More
Pakistan Can Become IT Hub in Next 5-6 Years: Report
Pakistan’s first-ever IT export strategy report reveals that Pakistan can grow its IT/ITeS export revenues up to $15 billion per… Read More
Bank Financing for Cars Plunges 16 Months in a Row
Auto-financing plunged 16th consecutive month in October 2023, with the total car loan amount falling by 3 percent month-on-month to… Read More
KSE-100 Inches Closer to Historic 59,000 Level After Gaining Over 700 Points
The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Thursday, surging past the previous record of 58,198.… Read More
Rupee Ends 5-Day Win Streak Against US Dollar As IMF Bulls Fade
The Pakistani rupee reversed its 5-day win streak against the US Dollar today after opening trade at 285.75 in the… Read More
Tax Haven: Corporations Win Big, But Who Loses?
As multinationals dodge billions in taxes, several European tax havens are among those attracting the biggest profits. A report by… Read More
Caretaker Govt Trims Development But Huge Funding of Parliamentarian Schemes Raises Eyebrows
The International Monetary Fund’s (IMF) repeated requests to curtail unnecessary development expenditures have somehow made an impact as the current… Read More
Honda Pakistan Posts Huge Profit Despite Outrageous Car Prices
Honda Atlas Cars Limited (PSX: HCAR) posted a profit after tax of Rs. 675 million in the quarter ended September… Read More
Rupee Surges 5th Day in a Row Against US Dollar As IMF Momentum Persists
The Pakistani rupee rose higher 5th day in a row against the US Dollar today after opening trade at 289… Read More
World Bank Board to Decide On $350 Million RISE-II Project For Pakistan Next Month
The World Bank’s Board of Executive Directors is scheduled to meet next month to consider the approval of the ‘Second… Read More
Rupee Gains Further Ground Against US Dollar 4th Day in a Row
The Pakistani rupee gained further ground 4th day in a row against the US Dollar today after opening trade at… Read More
Electricity Generation Down Despite Over 8% Decrease in Fuel Costs in October
Power generation in the country went down by 10.6 percent YoY to 9,572 gigawatts per hour (GWh) in October, while… Read More
