· The wait is finally over. IMF program has resumed with the board approving US$1bn tranche, taking cumulative program disbursements to US$3bn (or 50.0% of the total program disbursements). ·…
Pakistani telecom company, Ufone 4G has provided its flagship Wifi internet device; 'Blaze' to each participant of the Khyber Pakhtunkhwa Women Civic Internship Program, to support their pursuit for personal and professional…
ILMA University organized ILMA Tech Gala 2022 at Main Campus to showcase Final Year Projects of undergraduates on fourth industrial wave tech and on ecosystem development initiatives. The Chief Guest…
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 Wednesday said as per the…
Cement dispatches declined by16.58 percent in January2022. Total Cement dispatches during January2022were 3.95 million tons against 4.73 Million Tons dispatched during the same month of last fiscal year. According to…
BankIslami, Pakistan's first scheduled and leading Islamic finance institution, celebrated the start of PSL 2022 and its Platinum Sponsorship for the Karachi Kings franchise with a bike rally titled 'The…
· Bullish momentum was witnessed today due to uplifted optimism towards IMF announcement. The International Monetary Fund's Executive Board will take the sixth review of the $6 billion Extended Fund Facility…
Easypaisa, the country's leading digital payments platform has recently partnered with GrocerApp to provide its users with a unique in-app grocery-buying experience. The partnership was finalized by the CEO GrocerApp,…
The Karachi Port Trust handled 163,798 tons of cargo comprising 112,827 Tones of import cargo and 50,971 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Securities & Exchange Commission of Pakistan grants Certificate of Registration to Pak-Qatar Family Takaful Limited (PQFTL) as Pension Fund Manager. PQFTL being the pioneer and leading Family Takaful Operator in…
Pakistan oil sales in Jan-2022 increased by 19% YoY primarily driven by High Speed Diesel (HSD) demand which improves by 36% YoY. Excluding FO, same are expected to up by…
All eyes on IMF sixth review due today for the revival of US$6bn Extended Fund Facility where Pakistan have already met all the pre-conditions for the revival of the program.…
· COVID-induced global shortage of semiconductors has kept the automotive supply chain disrupted, leading to global and local OEMs curtailing their production. · Even though the expected surge in demand…
Chief Commissioner Inland Revenue (IR) Corporate Tax Office (CTO) Dr. Aftab Imam has informed that in order to quickly process the Sales Tax Returns being submitted in huge quantities every…
Boskalis has successfully salvaged the rudderless cargo vessel Julietta D off the Dutch coast. The vessel ran into trouble during yesterday's Storm Corrie. The Julietta D was anchored off the…
An agreement was signed between Pakistan Institute of Medical Sciences (PIMS) and ChildLife Fouandation to establish a state-of-the-art children's Emergency Room (ER). This ER will provide world-class emergency care to…
Korangi Association of Trade and Industry (KATI) President Salman Aslam has welcomed Prime Minister Imran Khan's rejection of OGRA's summary of the increase in prices of petroleum products. He said…
In its latest monetary policy meeting today, the State Bank of Pakistan (SBP) has kept the benchmark policy rate unchanged at 9.75%. Moreover, the Committee no longer targets mildly positive…
As the world tackles one challenge after another, advancements in modern technologies are beginning to be more energy and climate conscious to protect the ecosystem. Telenor Research recently released its…
Mondelēz Pakistan, one of Pakistan's and global leading snacking companies, announces the appointment of Sami Wahid as the new Managing Director (MD) effective January, 2022. Wahid will be responsible for…
· Range bound session was witnessed today due to the MPC meeting. Main board activity remained gloomy on the first day of roll-over week. On the flip-side, activity continued to…
The Honourable Health Minister Dr. Azra Fazal Pechuho inaugurated the "Choti Khushi" Immunization Incentive Support Program today for low immunization coverage districts in Sindh province, Pakistan. The launch took place…
Indus Motor Company Limited (INDU) We estimate Indus Motor to post PAT of PKR5,118mn (EPS: PKR65.11) in 2QFY22 as compared to PKR PKR2,956mn (EPS: PKR 37.60) in the corresponding period…
Sindh Minister for Local Government Syed Nasir Hussain Shah has assured that work on providing compensation to the affectees of Cooperative Market and Victoria Building was underway and all their…
Organized by the children's premiere Urdu magazine Monthly Sathee, the 16th edition of 'Sathee Writers' Awards' for the year 2022 recently held at Arts Council of Pakistan in Karachi. Distinguished…
