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Business

Byco posts 1HYF of Rs. 213mln, despite a challenging environment

The Biz Update5 years ago1 year ago03 mins

Byco Petroleum Pakistan Ltd. earned a net profit of Rs 213 million in its half-year ended December 2019, up 139% from Rs 89 million a year earlier The business environment remains challenging due to the economic slowdown and weak demand for refined products, particularly HSFO Karachi, February 17, 2020: Byco Petroleum Pakistan Ltd. (BPPL), announced…

Economy

Challenging times for US Investors despite better Perception of Pakistan

The Biz Update5 years ago05 mins

Karachi, December 12, 2019: According to a perception survey conducted by the American Business Council (ABC), Over 59% of the respondents indicated that the international perception of Pakistan had become better. This is a marked improvement over FY17-18 when 57% of participants rated it as being the same. However, 61% of the respondents rated the…