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CPI Inflation Sky-Rockets to 21.3% in June

CPI Inflation increased by 21.3% on YoY basis during the month of Jun'22 as compared to an increase of 13.8% in May'22 &...

Current Account Deficit surged by 131% on MoM basis

Pakistan’s current account deficit clocked in at $1.425 billion in May 2022, compared to the deficit of $640 million recorded in May, 2021. The CAD...

#Just-In: PM has imposed 10% Super Tax on Large Scale Manufacturing Industries

Prime Minister Shahbaz Sharif on Friday said that the government has decided to impose a 10% super tax on large-scale manufacturers including oil, fertiliser,...

Foreign Direct Investment recorded Net Inflow of $170.6Mn in April, 2022

The Foreign Direct Investment (FDI) recorded an inflow of $170.6Mn during the month of April against the outflow of $30.4mn recorded in March 2022. While...

Pakistan’s Current Account Deficit shrinks by 39% MoM to $623Mn in April

Pakistan reports Current Account Deficit of US$623Mn during the month of Apr‘22 as compared to a deficit of US$1,015 mn in Mar’22. The decline...

Round 7: Pakistan and IMF starts Virtual discussion for the Extended Fund Facility (EFF)

The International Monetary Fund (IMF) and Pakistan would start two weeks long virtual discussions on 7th review of Extended Fund Facility (EFF) from today...

Supernet has entered into multiple contracts with ZTBL worth Rs450Mn

TELE in a latest notification to PSX announced that its subsidiary Supernet Limited has been awarded multiple contracts worth PKR 450 million by Zarai...

Petrol Prices Skyrocket: Hit a Record High of Rs. 159.86/ltr, increased by Rs. 12.3 per litre

The government has jacked up the price of petrol by Rs12.3, taking it to a record high of Rs159.86 per litre as a global...

Avanceon secured the Largest Commercial Infrastructure Project Under its Building Technologies Banner to Date

Avanceon Group of Companies has secured the largest commercial infrastructure project in its history. The contract has been awarded to Avanceon Limited and Avanceon FZE...

SAZEW: Three-Wheelers Sales surged by 372% on MoM basis in Jan’22

In a latest notification to the Stock Exchange, the Sazgar Engineering Works Limited (PSX:SAZEW) announced the production & sales data for the month of...

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