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  • JS Securities Limited – JS Research (February 03, 2023)

    Karachi, February 03, 2023 (PPI-OT): Fertilizers: Jan-2023E Urea sales to report 3% YoY growth As per provisional data, Urea sales in Jan-2023 are expected to clock in at 617k tons, up 3% YoY. Similarly, DAP offtake for Jan-2023 is expected to clock in at ~99k tons vs. 113k tons in SPLY depicting a decline of…

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  • Pakistan to face default risk for five years

    Islamabad, February 03, 2023 (PPI-OT):The Pakistan Economy Watch (PEW) on Friday said Pakistan to face default risk for five years as the government is not serious about reducing expenses, increasing investment, and booting exports. Even if Pakistan is saved from bankruptcy due to the IMF this year, its condition will worsen again next year, it…

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  • Income of $13 billion possible by eliminating load shedding: Mian Zahid Hussain

    Karachi, February 03, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the dysfunctional energy sector has contributed to the devastation of the country’s economy. 4000 megawatts of electricity are wasted annually in line losses…

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  • ICCI calls for promoting Pak-Syria trade and economic ties

    Islamabad, February 03, 2023 (PPI-OT):Faad Waheed, Acting President, Islamabad Chamber of Commerce and Industry (ICCI) said that Pakistan and Syria are two brotherly Islamic countries and they can complement each other’s economy in many fields, therefore, they should focus on promoting trade and economic ties to achieve mutually beneficial outcomes. He said that the bilateral…

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