The country’s information technology and IT-enabled services (ITeS) export remittances comprising computer services and call center services went up by… Read More
Rupee Down Against US Dollar, Other Major Currencies Once Again
The Pakistani rupee (PKR) posted small losses against the US Dollar (USD) to start the week after opening trade at… Read More
Pakistan’s Current Account Posts $119 Million Surplus in September 2024
Pakistan’s current account posted a surplus of $119 million in September 2024 compared to a deficit of $218 million in… Read More
Meezan Bank Posts Massive Rs. 78.3 Billion Profit For 9 Months of 2024
Meezan Bank Limited (PSX: MEBL) reported its 9MCY24 earnings at Rs. 78.3 billion, marking a 34 percent YoY increase. For… Read More
Pakistan Imported Mobile Phones Worth $246 Million in Q1 FY25
The country imported mobile phones worth $246.472 million in the first quarter (July-September) of the current fiscal year 2024-25, registering… Read More
Car Financing Rises for the First Time After 27 Months
Car financing increased by Rs. 245 million by the end of September to Rs. 228 billion, data revealed by the… Read More
Rupee Makes Big Jump Against US Dollar to End Another Dull Week
The Pakistani rupee (PKR) posted small gains against the US Dollar (USD) to end the week after opening trade at… Read More
Attock Petroleum Profit Down 55% in Q1 FY25
Attock Petroleum Limited (APL) announced the financial result for 1QFY25, whereby the company posted a net profit of Rs. 2,385… Read More
Economy Saw Recovery in Key Macroeconomic Indicators in FY24: Report
The fiscal year 2024 witnessed improvements across key macroeconomic indicators after two challenging years, according to the Governor’s Annual Report… Read More
SBP to Cut Interest Rate By 200 Basis Points in November: Report
Pakistan’s Consumer Price Index (CPI) for October 2024 is expected to be 6.5-7.0 percent YoY (+0.9 percent MoM), taking the… Read More
Pakistan’s ICT Exports Contain Services Trade Deficit: SBP Report
Pakistan’s ICT exports grew by 24.1 percent to US$ 3.2 billion in FY24, representing the highest-ever ICT exports, accounting for… Read More
DG Khan Cement Posts 22% Profit Growth in First Quarter of FY25
D.G. Khan Cement Company Limited (DGKC) announced its financial result for 1QFY25 today, posting a profit of Rs. 804 million… Read More
