Pakistan’s Inflation Rate at 2-year high of 13%
With rising oil prices and a possible increase in power tariffs, we anticipate monthly CPI inflation to remain in the range of 11-13% during the remainder of FY22, Topline Research said.
With rising oil prices and a possible increase in power tariffs, we anticipate monthly CPI inflation to remain in the range of 11-13% during the remainder of FY22, Topline Research said.
Pakistan’s Ambassador to Italy, Jauhar Saleem, stated that Pakistan’s exports to Italy and remittances to Pakistan surpassed 2 billion dollars in 2021-22, marking the highest annual growth in the country’s history. The ambassador stated that Italy had become the seventh largest export market for Pakistan in the world, with record growth in export volume of $1,146…
Foods is a lucrative business in Pakistan that has a lot of potential for investment and Fauji Foods Limited is trying to tap this potential. Fauji Foods Limited (FFL) is working to increase its capital to Rs 28 billion and increasing the size of the retail network in Pakistan to boost the company’s liquidity and…
The Federal Cabinet on Tuesday ratified a decision of ECC by de-capping the dividends on the shares of Mari Petroleum Company Limited (MPCL), a member of the Cabinet told this correspondent. Earlier, the Economic Coordination Committee (ECC) has allowed Mari Petroleum to remove the cap on dividends’ distribution. ECC approved it in the meeting held…
Lahore: The Ministry of Energy (Power Division) has appointed Engr. Muhammad Ayub as Managing Director National Transmission and Despatch Company (NTDC) as a stopgap arrangement. The Board of Director NTDC has recently promoted him as Deputy Managing Director Planning & Engineering (P&E). The spokesman of NTDC has said that Engr. Muhammad Ayub did his Master…
Aftab Ahmed Islamabad: Pakistan Telecommunication Authority—PTA has termed actions taken by Ufone regarding Grey Sims are non-serious, insubstantial, reactive, and a mere eyewash by not penalizing its franchise involved in grey trafficking. Ufone has paid inadequate action to the fact. The sale of grey SIMs can have profound ramifications for the subscribers and other stakeholders….
Special Report The PTI government has made the questionable appointment of the National Bank of Pakistan (NBP) president. The latest surfaced to this one is the President/CEO of the National Bank of Pakistan (NBP). The government made the country’s top public bank appointment by lowering the minimum education criteria from the same post’s previous two…