NRL ratings revised by PACRA
National Refinery Limited (NRL) has announced that its ratings have changed to AA and A1 by PACRA
Pakistan’s GDP Shows Positive Growth in 3QFY24
The National Accounts Committee (NAC) has released GDP estimates for the third quarter of FY24, indicating a growth of 2.09%, a significant improvement from the...
Pakistan’s Cotton Industry: Current State and Challenges
Cotton, often referred to as "white gold," plays a crucial role in Pakistan's economy. It is the country's second major crop, contributing approximately 0.3% to...
CNERGY announces resumption of refinery operations
Cnergyico PK Limited (CNERGY) has announced that the refinery to reopen on May 25th, 2024.
AGTL boosts financial efficiency with state-of-the-art ERP solution
Al-Ghazi Tractors Limited (AGTL) announced its advanced operations with the SAP S/4 HANA system.
Cement dispatches decline by 25% in April 2024
In April 2024, cement dispatches in Pakistan fell to 2.94 million tons, showing no year-over-year growth but a significant 25% month-over-month decline.
IPPs capacity payments projected to rise by 33pc to Rs2.8tr in next fiscal year
Consumers in Pakistan are bracing for higher electricity bills as independent power producers (IPPs) anticipate a significant increase in capacity payments. In the fiscal year...
PABC logistical disruptions to disrupt Afghan exports & local orders
Pakistan Aluminium Beverages Cans Limited (PABC) has announced that the logistical shortage threatens revenue from Afghan exports.