Stories from Salman Siddiqui
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Petroleum demand hits 18-year low
Economic slowdown cited as reason while govt collects Rs1 trillion in levies
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Foreign investment in T-bills rises
Investor confidence grows over high returns, stable rupee-dollar exchange rate
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PSX rises to global prominence in FY2023-24
Achieves unprecedented gains; market capitalisation hits record high of over Rs10tr
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Rupee appreciates 2.75% in FY2023-24
Marks first appreciation after three-year decline despite future fiscal challenges
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Foreign firms send record $918.1m abroad in May
SBP clears backlog amid stable forex reserves, bolstering investor confidence
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OGDCL to harness geothermal energy
Collaboration with SLB aims to enhance oil and gas exploration, reduce emissions
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KE seeks Rs10.69/unit power price hike
Aims to offset losses; NEPRA to conduct public hearing on June 27
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PSO to fund $1.5-2 billion investment with debt
Hopes to improve liquidity condition as receivables surge to Rs810 billion
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‘Made in Pakistan’ mobile phones meet 95% demand
Domestic production saves 15-20% forex as nearly all global brands now locally assembled
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C/A returns to deficit of $270m
SBP reports FDI grew 74% to $271m in May 2024 compared to $156m a year ago