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“Strengthening Pakistan’s Digital Future: PTCL’s Africa-1 Submarine Cable Set to Transform Connectivity”

Pakistan Telecommunication Company Ltd (PSX: PTC) is set to host a groundbreaking ceremony on February 22, 2025, marking the arrival of the high-capacity Africa-1...

CPI Inflation declined to 4.9% in November

Pakistan's inflation rate has taken a stunning nosedive, hitting 4.9% in November—the lowest since April 2018! This marks a sharp turnaround from the 7.2%...
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Economy
News Desk

SBP-held Foreign Exchange Reserves surged by 10.2% WoW to stand at...

The foreign exchange reserves held by the central bank surged 10.23% on a weekly basis. On February 4, the foreign currency reserves held by the...
News Desk

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...
News Desk

PSX included in MSCI FM 100 and MSCI FM 15 percent...

MSCI announced the conclusion from its consultation on the eligibility of the MSCI Pakistan Index for the MSCI Frontier Markets 100 and MSCI Frontier...
News Desk

Pakistan Consumer Price Index (CPI) hits a 24-Month high at 13%...

Inflation continued to take its toll as Consumer Price Index (CPI)-based reading hit a 24-month high at 13% on a year-on-year basis in January...
News Desk

Transparency International: Pakistan slips further on Corruption Perceptions Index

Pakistan dropped 16 places in the Corruption Perceptions Index (CPI) for 2021 compared to the previous year, ranking 140 out of 180 countries, Transparency International said...
News Desk

SBP maintained the Policy Rate at 9.75%

The State Bank of Pakistan has decided to keep the interest rate unchanged at 9.75% for the next two months.