- 1 June, 2024
22 April 2024
Engro Polymer Posts Massive Loss in Q1 2024
Engro Polymer and Chemicals Limited (PSX: EPCL) announced its 1QCY24 financial result today where the company posted a loss of Rs. 901 million compared to a profit of Rs. 1.183 billion.
On a quarterly basis, EPCL reported its lowest gross margins in…
Pakistan Posts Highest Current Account Surplus in 9 Years in March 2024
Pakistan’s current account balance posted a surplus of $619 million in March 2024, according to data released by the State Bank of Pakistan (SBP) on Monday.
The current account balance posted a surplus of $98 million in the previous month i.e. Febru…
FBR Eases Filing Requirement For Those Already Registered With Sales Tax Department
The Federal Board of Revenue has eased the requirement of filing balance sheets of assets and liabilities for individuals, association of persons (A.O.P) and Single-member companies who are already registered.
In this regard, the FBR has issued an S…
Punjab Announces Free Solar System for 50,000 Households
Chief Minister Punjab Maryam Safdar has announced free solar systems for 50,000 households in a bid to promote renewable energy in the province.
Solar systems will be allocated to protected power consumers using less than 100 units per month. Each s…
Ansher Capital and KTrade Securities Partner to Boost Investment in Central and South Asia
Ansher Capital, the premier investment bank of Uzbekistan, and KTrade Securities, a leading entity in Pakistan’s capital markets, have recently forged a strategic partnership aimed at boosting investment flows across Saudi Arabia, Uzbekistan, and Pak…
World Bank to Provide $270 Million Additional Financing for CRISP Program
The World Bank will provide additional financing of $270 million for the Crisis-Resilient Social Protection (CRISP) program to support the development of an adaptive and crisis-resilient social protection system.
Sources revealed that the Board of D…