GAC expands operations in Germany.
GAC Germany, a leading provider of shipping and logistics services in Northern Europe, is set to open a new office in Stade on 1 January 2024 as the company looks…
Zong 4G to revolutionize digital education in Pakistan
Zong 4G, Pakistan's leading telecom operator has initiated the setup of a state-of-the-art Digital Laboratory at the Pakistan Bait-ul-Mal's 'Women Empowerment Centre' in Islamabad. Pakistan Bait-ul-Mal is a social welfare…
The share of digital payments in retail transactions of the banking system increased to 80% during Q1 of FY2023-24.
The quarterly Payment Systems Report for the quarter Q1 of FY2023-24 is released by the State Bank of Pakistan (SBP), highlighting key advancements within the country's payment ecosystem and providing…
2023 has been a tough year for the masses and businesses
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the outgoing year…
Indulge in brilliance with the TCL C755 QD-Mini LED 4K TV, offering unparalleled picture quality.
TCL, Pakistan's No.1 LED TV Brand, is committed to providing its customers with an immersive gaming experience to captivate their senses and emotions and make them feel deeply connected to the…
Arif Habib Ltd says PSX closing bode well at year-end, pining hope for better performance in CY24.
· Solid close to the year for Pakistan with the KSE-100 above 62k and the KSE-30 above 20.5k. · On the Bloomberg index ranking, Pakistan closes the year at #22 with a…
AKU organizes theatre shows to educate children on the dangers tobacco
The Aga Khan University's Department of Community Health Sciences (CHS) organised 12 theatre shows for school-going children at the Arts Council of Pakistan, where over 4000 students between the ages…
Sindh Governor supports the initiative of Ride to Donate by inDrive in collaboration with JDC.
In a ceremony dedicated to distributing winter kits to the underprivileged, Governor Sindh, Kamran Khan Tessori, lauded the praiseworthy efforts of inDrive and JDC in their joint initiative. During the…
Businesses more confident about future despite insecurity: Gallup Survey.
Largely negative about their ongoing prospects, the country's business owners have started gaining confidence, and their expectations for a better future have risen 42% from the previous quarter, according to…
Refinery, Chemicals and Power Generation were the best-performing sectors in 2023
Benchmark KSE 100 Index jumped 54% in PKR (23% in USD) after many years in 2023, with only one trading session left. Market value (market capitalization) of listed companies at…
SSGC announces 48-hour gas holiday
Due to the shortage of gas supplies in SSGC's system, the availability of gas has decreased, resulting in the depletion of the line pack and causing low pressures in the…
SBP reserves increased by US$ 852 million to US$ 7,757.1
The total liquid foreign reserves held by the country stood at US$ 12,855.7 million as of 22-Dec-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
HUBC (3.44%) contributed the most to today’s index advance.
Additional gains for Pakistan with another strong session, putting in distance from the key 60k (KSE-100) and 20K (KSE-30) levels. 83 stocks rose while 14 fell. HUBC PA (3.44%) contributed the…
KATI and STEVTA join forces to bridge industry skill gap
To address the shortage of skilled manpower in the industry and align vocational training with industry needs, the Korangi Association of Trade and Industry (KATI) and Sindh Technical Education and…
Infinix HOT 40 series: Redefining Mobile Gaming – Features You Can’t Ignore
When searching for the ultimate gaming phone, it's crucial to recognize that game performance isn't solely dictated by the processor. While many gaming phones currently available prioritize a powerful processor,…
Heimtextil 202409 – 12 January, 2024 Frankfurt
Facts and Figures More than 44,000 international trade buyers and 1000 visitors from Pakistan. In 2024 we expect more than 2500 exhibitors, of whom 280 are from Pakistan. One location…
Karachi Police vows to strictly deal with criminals for relief to the business community and citizens of the city.
Additional Inspector General of Police Khadim Hussain Rind, while agreeing to concerns expressed over the rise in crime rate, particularly the incidents about kidnapping for ransom, demand for extortion and…
JazzCash to become the First Digital Wallet via Mastercard
JazzCash, a pioneering force in the fintech sector, is proud to announce its strategic collaboration with Mastercard, positioning itself as the first mobile wallet in Pakistan to bring tap-and-pay functionality…
Ufone 4G & Huawei successfully deployed the World’s First Microwave Super Hub
In a groundbreaking collaboration, Ufone 4G and Huawei have unveiled commercial deployment of world's first Microwave Super Hub solution, showcasing Huawei's innovative feature of intelligent dynamic power control at large…
During 2023, average inflation was 31%, but it is likely to fall moving forward.
§ Pak Rupee (PKR) has been under pressure since last 7-Years. In 2023 PKR fell 20% against US$ in spite of some recovery in last few months. § This 20% fall in…
EFP urges Sindh Chief Minister to take action against violation of labour laws
The Employers' Federation of Pakistan (EFP) has strongly noted a news item alleging that the Sindh Solid Waste Management Board and its foreign contractors and sub-contractors are blatantly violating labor…
Salt Industry seeks urgent government intervention amid high freight costs and the Red Sea crisis.
The salt export industry in Pakistan is teetering on the brink of collapse, casting a daunting shadow over businesses, particularly within the salt sector. The Salt Manufacturers Association of Pakistan…
Service Global Footwear navigating success through diversified export excellence
We reiterate our buy stance on Service Global Footwear Limited (SGF) with a Dec'24 target price of PKR 76.4/share, offering an upside of 39% from current levels. Our liking for…
Experts believe PSX saw -10% fall, which is historically the turning point in bull markets.
The additional downside to starting the week now brings Pakistan to longer-term levels. 60k KSE-100 and 20K KSE-30 are significant levels, and we are now on alert to watch for…
SECP harnesses modern technology for investor awareness, KATI President Nighat Awan
To bolster investment in Pakistan and foster economic growth, the Securities and Exchange Commission of Pakistan (SECP) is set to leverage modern technology to disseminate information and incentivise investors. This…