Karachi, July 27, 2019: The domestic equity bourse remained lackluster throughout the outgoing week. While PM Khan’s successful visit to the US could not generate a sustainable rally at the index, foreign policy appears to be in-check. Albeit, AHL research pin commencement of the result season as the key reason behind the aforementioned index performance,…
Islamabad, July 27, 2019: Following the successful visit of Prime Minister Imran Khan to the United States (US), the two sides have discussed measures for enhancing cooperation in the human development sector of Pakistan. Read More: Pakistan calls for equipping UN peacekeepers better to boost their performance Advisor to US President Donald Trump on Job…
Karachi, July 25, 2019: Managing Director of SGS Pakistan Abdul Razzak Lakhani has stressed that the business and industrial community of Karachi Chamber of Commerce & Industry (KCCI) must work collectively with SGS Pakistan to promote the standardization of products both either being produced and imported in Pakistan or being exported to other countries which…
Karachi, July 25, 2019: Urea offtake during 1H2019 depicted the growth of 5 percent YoY to 2.87 million tons on the back of pre-buying by dealers/farmers amid an expected hike in urea prices as the govt. was set to increase gas prices w.e.f. July 2019. Furthermore, timely rain fall across the country also pushed up…
Karachi, July 24, 2019: The country’s trade deficit declined by 11 percent YoY to US$28.2 billion in last fiscal year (FY19) from US$31.8 billion in the previous year. Although in a normal scenario, this would be interpreted positively, as highlighted earlier, the previous year’s trade deficit had reached unsustainable levels and there was only one…