Lucky Cement pays out dividend after hiatus of three yearsÂ
At Rs 18 per share, it is the highest payout since 2018Â
Special Investment Facilitation Council (SIFC): A game-changer for Foreign Direct Investment
Muhammad Zohaib Khan, the chairman of the Pakistan Software Houses Association (P@SHA), described the creation of the Special Investment Facilitation Council (SIFC) as a...
Local production of Fertilizer crucial for PM’s vision of ‘Making Pakistan the Food Basket for the World’
The year 2019 ended on a high note with the Government celebrating a saving of approximately $250 million in foreign exchange that was a...
Market Daily: Indices fail to maintain positive momentum
After gaining around 66 points during the session market eventually slipped in the red zone, where it lost around 325 points intraday to close at an index level of 42,536 points, down 236 points from Wednesday’s close.
Weekly inflation records all-time high of 47.23%
The Pakistan Bureau of Statistics (PBS) released data on Thursday showing that the weekly inflation measured by the Sensitive Price Index (SPI) has reached...
Stagflation: A challenge for policymakers in Pakistan
Writing for The Express Tribune, author Dr. Fahd Rehman explains that Pakistan is currently experiencing political turbulence that is causing economic uncertainty.Â
According to the...
Market Daily: Turbulent session settles positive
LAHORE: The Pakistan Stock Exchange (PSX) witnessed another uncertain session on Tuesday, recovering losses midday. In midst of political turmoil, investors remained cautious, while...
From fast food to autos, India’s digitally connected users lure investors
Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) a month buying necessities...
PTI highly likely to form federal govt, says Topline Securities
Pakistan KSE-100 index to go as high as 48,000 in case of PTI led government. While the index may go up to 50,000 if PML-N leads.
APTMA sends budget proposals to finance minister
KARACHI: In its budget proposals, the All Pakistan Textile Mills Association (APTMA) has said that the availability of electricity at regionally competitive prices is of the utmost...
Market Daily: KSE-100 flat WoW amid profit-taking
During the week, foreigners remained net sellers to the tune of $14.6 million as against net selling of $0.4 million seen during the same period last week.
Gwadar and Chabahar different since inception: Manish Tewari
WASHINGTON: Former Union Minister of State in India, Manish Tewari has made comparisons between Gwadar port in Pakistan and Chabahar port in Iran, stating...
Fixed exchange rates risky for Pakistan’s plummeting foreign reserves, says Moody’s
Moody's maintained that higher interest to revenue in the baseline compared with floating exchange rates thrive under exchange rate shocks. Thus, deterioration in debt affordability could lower investors’ willingness to invest while making it harder for Pakistan to access foreign funding.
Treasury confirms U.S. default as early as June 1 without debt ceiling hike
The U.S. Treasury Department reiterated Monday it expects to be able to pay the U.S. government's bills only through June 1 without a debt...
Rising costs pushes Amazon, other retailers to revisit ‘free’ shipping
LOS ANGELES: There is no such thing as free shipping.
Even so, Amazon and other online retailers who use so-called free delivery to cultivate customer loyalty are...
