The retail price of cement has been increased up to Rs. 30 per bag in Pakistan. According to JS Global, cement players in the Northern region have increased prices by up to Rs. 20-30/bag of late to reinstate earlier price levels.
Prices now range be…
Pakistan International Airlines Corporation Limited (PSX: PIAA) will officially close its books at the Pakistan Stock Exchange (PSX) on May 25, 2024.
This date has been set to determine the Class ‘A’ and Class ‘B’ shareholders of the company, a stoc…
Illegal and smuggled cigarettes cause an annual loss of over Rs 310 billion to Pakistan’s economy, a report by the National University of Science and Technology (NUST) said on Tuesday.
At the launch event of the report, Federal Minister of Defence K…
Finance Minister Muhammad Aurangzeb will present the 2024-25 federal budget in parliament on June 7, 2024.
The budget session will initially start on Thursday, June 6, before presenting it in full on Friday (the next day). After Aurangzeb’s budget p…
Shares of PIA Holding Company Limited (PIAHCL) will start trading at Pakistan Stock Exchange at the same price as the final closing rate of Pakistan International Airlines Corp (PSX: PIAA), the airline informed the main bourse on Tuesday.
The openin…
While the November release of quarterly national accounts represents an important step forward for economic statistics in Pakistan, projects are underway for future improvements, including further refinements of seasonally adjusted estimates for even…
The agricultural sector, already burdened by an ongoing wheat crisis, is facing additional challenges as juice and nectar producers reduce their fruit purchases. This downturn is linked to the recent implementation of higher taxes on the industry, re…
Power generation in the country went down by 13.7 percent YoY to 8,639 gigawatts per hour (GWh) in April 2024, and down 2.4 percent YoY to 101.089 GWH in 10MFY24 compared to the same period last year.
On a month-on-month (MoM) basis, power generatio…
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $171 million in April 2024, compared to $182 million in the previous month.
Overall RDA funds received to date increased to $7.831 billion by the end of April 2024, accordi…
Discussions between Pakistan’s economic team and the International Monetary Fund (IMF) Mission this week will most likely end without a staff-level agreement, sources in the Finance Ministry told ProPakistani.
Sources said policy-level talks have so…
