LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to ensure adequate representation of the private sector in all important bodies, a statement said on Monday. “Only public-private partnership can make a breakthrough on the economic front. Therefore, the government should take the business community onboard on all economic matters and … Read more
KARACHI: Since the start of FY21, Pakistan’s economy has started recovering, but the boom in the international commodity prices after the opening up of global economies, amid ample liquidity, brought the country’s external account under pressure. “The economy is now on the path of stabilisation due to painful yet necessary policy measures undertaken by the … Read more
KARACHI: The Pakistan Oilfields Limited (POL) has announced a net profit of Rs15.40 billion for the year ended June 30, 2021, which is 6.2 per cent higher than the profit of Rs14.50 billion recorded in FY20, a bourse filing said on Wednesday. The earnings per share (EPS) for the year clocked-in at Rs54.24, compared with … Read more
KARACHI: The Businessmen Panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has rejected the increase in petroleum products prices for the second fortnight in-a-row ahead of the Eid-ul-Azha, a statement said on Saturday. The government has allowed an increase in the prices of petroleum products and the liquefied petroleum gas (LPG) … Read more
KARACHI: The Pakistan economy has made an encouraging recovery during the last fiscal year but certain structural vulnerabilities still require the government’s attention, the State Bank of Pakistan (SBP) reported in its third quarterly report issued on Friday. In the report titled, The State of Pakistan’s Economy for the fiscal year 2020/21, the central bank … Read more
