Stories from Salman Siddiqui
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Profit of companies at PSX jumps 82%
Earnings of 94 firms clock-in at record high of Rs243 billion in Jan-Mar quarter
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Industrial sector to cut 15-20% jobs after Eid
Slowdown in industrial production due to third wave of Covid-19 to fuel lay-offs
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SBP asks banks to rationalise loan fee
Applicants applying for housing loans are being charged exorbitant processing fee
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Pakistan’s REER index hits equilibrium
Further gain in rupee, inflation may make exports uncompetitive
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Rupee loses ground, closes at 154.5
Currency has dropped Rs1.75 in past two weeks in inter-bank market
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PTI turned economy ‘upside down’, says ex-finance minister
Miftah Ismail credits PML-N govt for acquiring soft loans from friendly countries
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Pakistan’s can-maker applies for PSX listing
UK-based firm to sell stake in beverage can company through IPO
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Pakistan posts current account deficit of $47m in March
Country records surplus of nearly $1b in nine-month period of current fiscal year
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Power generation rises 30% in March
Increase seen due to shift of industries from own power generators to national grid
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PIA expects full recovery in 2nd half of 2021
Hopes flights boost will help turn around airline’s financial performance