HeadlinesPSX’s KSE-100 closes near 76,000 mark
Benchmark index witnesses bullish trend as investors react to IMF and UAE developments
May 24, 2024
News Desk
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HeadlinesSBP-held reserves rise by $22 million, now stand above 9 billion
Total liquid foreign reserves of the country stand at $14.5 billion as of May 17, 2024
May 23, 2024
HeadlinesSuzuki Motors to expand operations with new biogas plant in Karachi
Federal Minister Rana Tanveer Hussain commits to supporting Suzuki's expansion in Pakistan, emphasising the auto industry's role in national economic growth
May 23, 2024
HeadlinesMerit Packaging sells land and factory building to SIZA Services
Transaction aims to reduce finance costs and pave the way for growth and turnaround.
May 23, 2024
HeadlinesSBP sells Rs96.88bn in Pakistan Investment Bonds at lower yields
Declining yields reflect market expectations of a rate cut
May 23, 2024
HeadlinesPABC faces logistical disruptions due to security issues at Chaman
Coupled with the near 25% YoY decline in local order bookings, the company says it expects a negative impact on order bookings during the peak season.
May 22, 2024
HeadlinesChinese firms show interest in partnering with Pakistan Refinery Limited
Senior management from PRL visits China to engage with Engineering, Procurement, and Construction (EPC) contractors and financial institutions
May 22, 2024
HeadlinesCigarette price hike fuels illicit trade, undermines public health efforts in Pakistan
New study reveals unintended consequences of tax increase on smoking behavior
May 22, 2024
HeadlinesAuto loans plunge 24% to Rs236bn in April, marking 22 months of decline
Economic constraints and high interest rates curb consumer borrowing for cars
May 21, 2024
HeadlinesFederal Govt to present budget 2024-25 on June 7
Minister for Finance Muhammad Aurangzeb will present the budget in the National Assembly session beginning on June 6
May 21, 2024
HeadlinesPakistan's mobile phone imports surge 200% to $1.462bn in 10MFY24
In rupee terms, mobile phone imports totaled Rs414 billion in the first 10 months of FY24
May 21, 2024
HeadlinesGold market sees steep price increase of Rs2,300
Significant rise in gold prices mirrors international market trends
May 20, 2024