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State Bank of Pakistan decides to keep policy rate unchanged at 15%

KARACHI, Pakistan: The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 15 percent. In its meeting held in Karachi...

Syed Murtaza urges OEMs to reduce prices of vehicles

ISLAMABAD, Pakistan: The Minister for Industries and Production Syed Murtaza Mehmood has asked the Original Equipment Manufacturers (OEMs) to reduce prices of vehicles in...

Shell Pakistan posts profit for H1 2022

The Board of Directors of Shell Pakistan Limited (SPL) has announced the Company’s half year results on August 17, 2022, according to which, the...

Descon continues growth trajectory to achieve strong export performance

LAHORE, Pakistan: Pakistan’s leading large-scale engineering company, Descon Engineering Ltd. (DEL), has recorded a significantly high growth in revenues on the back of major...

USD to PKR: Why Pakistani Rupee depreciates against US Dollar?

The value of Pakistani Rupee (PKR) has depreciated against the US Dollar from PKR 157.54 per US Dollar as of end June 2021 to...

PHMA delegation meets Miftah Ismail

ISLAMABAD, Pakistan: A delegation of Pakistan Hosiery Manufacturers & Exporters Association (PHMA) headed by its Chairman Mian Kashif Zia held a meeting with the...

Details of Petrol and Diesel Storage Capacity in Pakistan

The existing Petrol and Diesel Storage Capacity of Private and Public Sector Petroleum Companies in Pakistan is as follows: Petrol = 662,198 Metric Tons ...

Chinese Investments in Pakistan decreased by 29.27% in last 2 Years

ISLAMABAD, Pakistan: The Chinese Investments in Pakistan has decreased by 29.27 percent in last two Fiscal Years (FY2021-FY2022), the Senate was told on Friday. In...

Asian Development Bank delegation meets Miftah Ismail

ISLAMABAD, Pakistan: The ex-Country Director and currently Chief Thematic Officer in ADB’s Sustainable Development and Climate Change Department Ms. Xiaohong Yang held a meeting...

USD to PKR Dollar Rate in Pakistan on 4 August 2022

Pakistani rupee appreciated by 4.19 percent against the US dollar in the Interbank Market on August 3, 2022, according to the State Bank of...

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