The Pakistani rupee (PKR) depreciated by 97.64 paisa against the US dollar in Monday's interbank session as the currency settled the trade at PKR 285.29 per USD. Read more
The edible oil reserves in Pakistan have risen to an unprecedented level of about 500,000 tons, and traders are now facing storage constraints. Read more
Both organizations have signed a memorandum of understanding (MoU) to formalize mechanism for information sharing and cooperation between the both organizations. Read more
The benchmark KSE-100 Index concluded Monday's trading session at another all-time high of 53,860.37, showing an intraday increase of 737.33 points or 1.39%. Read more
Pakistan is at a critical decision point, with several interrelated factors underpinning the country’s inadequate development progress, the World Bank highlights these issues in its latest report. Read more
Shahzad Textile Mills Limited (PSX: SZTM) has successfully resumed the operations of Unit No. 1, located at 34th KM Lahore Sheikhupura Road, Sheikhupura. Read more
The VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Gadoon Textile Mills Limited (PSX: GADT) at ‘A+’ for long-term and ‘A-1’ for short term with a stable future outlook. Read more
Fitch Ratings has reduced its estimate of medium-term potential growth for the 10 emerging markets (EM) covered in its Global Economic Outlook (GEO) to 4% on a GDP weighted-average basis, down from 4.3%. Read more
