The Pakistani Rupee (PKR) was bearish against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Debt And Liabilities Soar Above Rs. 62 Trillion in Q1 FY23
Pakistan’s debt and liabilities profile increased by Rs. 2.768 trillion to Rs. 62.466 trillion from Rs. 59.698 trillion during the… Read More
Honda Reports a Huge Loss of Rs. 385.28 Million in Q2 FY 2023
Honda Atlas Cars Pakistan Ltd. (HCAR) has announced its financial results for the second quarter that ended September 30, 2022.… Read More
US Dollar Rises Above 222 Against PKR With Pakistan Slowly Edging Towards Default
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Pakistan’s Food Sector Has Outperformed KSE-100 in Last 12 Months
The food sector has outperformed the benchmark KSE-100 index by around 13 percent in the last 12 months owing to… Read More
Pakistan is Getting Dangerously Close to Defaulting
Despite Ishaq Dar’s repeated assurances for Pakistan’s economy to survive this fiscal year’s spiraling money crunch, default risk entered alarming… Read More
World Bank Satisfied With Pakistan’s Community Support Project Implementation
The World Bank has rated the “Pakistan Community Support Project (CASA-1000)” implementation satisfactory, which is aimed at improving access to… Read More
28% of Pakistan Railways Locomotive Fleet Non-Functional
Around 129 (28 percent) diesel-electric locomotives in Pakistan are non-functional, according to official documents. There are 461 diesel-electric locomotives owned… Read More
Rupee Loses 3rd Day in a Row Against US Dollar As Default Fears Rattle Market
The Pakistani Rupee (PKR) continued to lose ground against the US Dollar (USD) and posted losses during intraday trade today.… Read More
KP is The Best Province For IT Sector Benefits and Taxes
Khyber Pakhtunkhwa is the best province for IT sector incentives because the cost of doing IT business is lowest as… Read More
Investors Afraid as Pakistan’s Default Risk Rises Further
Pakistan’s default risk entered alarming new levels this week as the cost of ‘insuring’ the country’s sovereign debt shot up,… Read More
Lower Coal Prices May Solve Low Cement Demand
Declining coal prices could help offset the brunt of slow cement demand in Pakistan with the former being a critical… Read More
