Pakistan’s Large-scale manufacturing (LSM) grows by 4.85% YoY in February

Large-scale manufacturing (LSM) continued on a positive trajectory in February, with 4.85% growth compared to the same month last year. Cumulatively speaking, 8MFY21 LSM growth now stands at 7.45% YoY.…

NNR April 15, 2021

IMF’s World Economic Outlook – Apr’21

The International Monetary Fund (IMF), in its World Economic Outlook (WEO) 2021 report, expects a strong rebound in the global economic growth in 2021 as Covid-19 vaccine rollouts get underway,…

NNR April 7, 2021

Pakistan Oil Sales up 16% in 9MFY21

OCAC released the sales volumes for OMCs for 9MFY21. During the period, collective sales were recorded at 14.2mn MT up by (+16%/YoY) on the back of increasing transportation activities, pickup…

NNR April 4, 2021

Pakistan Headline inflation averages at 8.3% YoY during 9MFY21

CPI inflation recorded at 9.05% YoY in Mar’21 For the month of Mar’21, headline inflation as measured by CPI clocked-in at 9.05% YoY, taking the 9MFY21 average inflation to 8.34%…

NNR April 2, 2021

Pakistan to float USD denominated Eurobonds

§ Pakistan is all set to float USD denominated Eurobonds in the international market, under the Global Medium Term Note Programme. After a hiatus of almost 4 years, Pakistan is…

NNR March 30, 2021

4iG signs agreement to acquire DIGI Group

BUDAPEST: 4iG PLC signed a preliminary, non-binding, agreement with RCS & RDS consortium to acquire the 100% ownership of DIGI Távközlési Szolgáltató Kft. and its subsidiaries, Invitel Zrt. and I…

NNR March 29, 2021

Pakistan Power Generation up by 2.6% YoY during 8MFY21

All-time high generation for February - up by 4.0% YoY § Power generation went up by 4.0% YoY to 7,281 GWh (10,835 MW) during Feb'21, compared to 7,002 GWh (10,060 MW)…

NNR March 22, 2021

AMG Advanced Metallurgical Group N.V. added to the Euronext AMX Mid Cap Index

AMSTERDAM: AMG Advanced Metallurgical Group N.V. has been promoted from the AScX (small cap) to the AMX (mid cap) index, effective Monday, March 22, 2021. Euronext announced the results of…

NNR March 22, 2021

Medusa Mining appoints MD and Chairman

SYDNEY: Medusa Mining Limited announced the appointment of Andrew Teo as Managing Director and Jeffery McGlinn as Non-Executive Chairman, effective 19 March 2021. Mr Teo has been the Chairman of…

NNR March 19, 2021

Ofcom raises £1.356 billion from principal stage spectrum auction

The total revenue raised from the principal stage is £1,356,400,000 with all money to be paid to HM Treasury. LONDON: Ofcom, UK’s communication regulator, has raised a total of £1.356…

NNR March 17, 2021

Pakistan textile exports contract by 3.1% YoY in February

March 16, 2021 (JS Research) Textile exports declined slightly during Feb-2021, by 3.1% YoY to US$1.23bn, compared to US$1.27bn in the same month last year. It is unfortunate that at…

NNR March 16, 2021

D&B to power Trade Foresight with verified company and business profiles

KARACHI: Trade Foresight has entered into an agreement with Dun & Bradstreet Pakistan (D&B), under which D&B will power Trade Foresight with D&B verified company and business profiles. Dun &…

NNR March 15, 2021