The Hub Power Company Limited (PSX: HUBC), one of the largest private power producers in the country, posted a consolidated… Read More
6-Month KIBOR Surges to All-Time High
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, increased by 25 basis points… Read More
Amreli Steels Reports Significant Losses in First Half of FY23
Amreli Steels Limited (PSX: ASTL) announced its financial result for the half year of the financial year 2022-23 (1HFY23) posting… Read More
SBP Injects Rs. 1.8 Trillion into Market to Manage Liquidity
After a gap of just 4 days, the State Bank of Pakistan (SBP) again conducted an Open Market Operation (OMO)… Read More
Rupee Ends Week With More Gains Against US Dollar 3rd Day in a Row
The Pakistani rupee (PKR) rose further against the dollar during interbank trade on Friday, going as high as 259.725 against… Read More
Undocumented Channels Biggest Challenge Faced By Islamic Finance Industry: SECP
The Islamic capital market/finance industry in Pakistan is facing the biggest challenge of the undocumented economy and informal channels used… Read More
Rupee Gains Further Ground Against US Dollar, Other Currencies
The Pakistani rupee (PKR) gained further ground against the dollar during interbank trade on Thursday, going as high as 260… Read More
Pakistan Tobacco Company’s Profit Up 13.5% to Rs. 21.3 Billion in 2022
Pakistan Tobacco Company Limited (PSX: PAKT), the biggest cigarette manufacturer in the country, announced its financial results for the calendar… Read More
SBP’s Short-Sighted Import Policies Are Hurting Industries: WB Economist
While Pakistan’s trade deficit is declining, the drop in machinery and intermediate input imports is bad news as it is… Read More
Maple Leaf Cement Posts 56% Profit Growth in 1HFY23
Maple Leaf Cement Factory Limited (PSX: MLCF) has reported a profit after tax (PAT) of Rs. 4.3 billion during the… Read More
Rupee Rebounds Against US Dollar, EUR, AUD, CAD After Good News From China
The Pakistani rupee (PKR) reversed losses and posted gains against the dollar during interbank trade on Wednesday, going as high… Read More
Pakistan May Need Debt Adjustment Despite IMF Bailout, Other Loans: Report
Pakistan may require a debt adjustment in some form given the sharp deterioration in its external position, even if some… Read More
