Ministry of Finance: Economic Outlook Jan-2021

The Finance Ministry (Economic Adviser's Wing), has shared the latest edition of Monthly Economic Update and Outlook for January 2021. We highlight some key points below which are not regularly…

Ofgem proposes to fine Symbio Energy £100,000

LONDON: Ofgem proposes to fine Symbio Energy £100,000, reduced to £85,000 if Symbio agrees to settle, for making four late payments into Government renewables schemes, including Feed-in Tariff (FIT) payments…

Fresh Money—Automobile parts & Accessories

ñ Panther Tyres Limited, formerly known as Mian Tyre and Rubber Company Limited, was founded in 1983 as a tyres and tubes manufacturing company. ñ In 2011, the Company changed…

Cement: 2Q Preview & Outlook

We expect our cement sample to post 2x jump in quarterly earnings on a sequential basis. We base our forecast on double-digit growth in local offtake, higher retention prices and…

Insight — Pharmaceutical Sector Update

Vaccines, Trials and Promising Results  Pakistan has had 535,914 reported cases of coronavirus to date of which 490,126 recovered. Even though the recovery rate of 98% is higher than global…

Trade deficit increased by 50% MoM in December

As seen recently, SBP's latest data revealed that the trade deficit deteriorated sharply during Dec-2020 to US$2,768mn, which is a 50% MoM/64% YoY increase from the previously recorded months. The…