Kashf Foundation, with support from The Coca-Cola Foundation, launched 6 state-of-the-art training facilities in Lahore and Faisalabad under a special program titled 'recycling for women empowerment' to provide skill based…

Market took the bantering on rising COVID cases as well as Government's initiative to increase the social distancing efforts. OGRA's decision to slash UFG allowance on RLNG affected SNGP's prospects…

Prime Minister Imran Khan inaugurated the Naya Pakistan Certificates (NPCs) in a ceremony held in Islamabad today. Naya Pakistan Certificates is an initiative of Ministry of Finance and administered by…

State Bank of Pakistan (SBP) has decided to reduce the reflection period of written off/waived loans and advances for corporate borrowers in the Electronic Credit Information Bureau (eCIB) of SBP…

At the 2020 Global Mobile Broadband Forum (MBBF), Huawei's Executive Director and President of the Carrier Business Group Ryan Ding gave his keynote speech "Maximizing Wireless Network Value for a…

Amreli Steels Ltd (ASTL) posted NPAT of PKR111mn (EPS: PKR0.37) in 1QFY21, compared to a NLAT of PKR81mn (LPS: PKR0.27) in SPLY. The result came in much better than our…

Increasing incidence of Corona cases, partial lockdown in Pakistan, Lockdowns in European countries, End of roll-over week, End of result season, Global sell-off in Stocks as well as Commodities markets…

The Board of Directors of Fatima Fertilizer Company Limited announced its financial results for the third quarter ended September 30, 2020 today, with the company posting Profit after Tax of…

President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra, while expressing deep concerns over a massive traffic jam on Port Qasim Road, stated that the Karachi Chamber started…

The Board of Directors of the State Bank of Pakistan on October 26, 2020 approved the Annual Performance Review on the working of the Bank and its subsidiaries and the…

Consul General of Indonesia Totok Prianamto acknowledged that despite the challenging global economic situation due to Covid-19 pandemic economic and business environment in Pakistan is getting better. He was speaking…

To ensure better planning of Hyderabad-Sukkur Motorway project and attract private investment in this scheme National Highway Authority arranged a Stakeholders' Consultation with the cooperation of Public-Private Partnership Authority (PPPA)…

The total liquid foreign reserves held by the country stood at US$ 19,296.5 million on 23-October-2020.The break-up of the foreign reserves position is as under:- Foreign reserves held by the…

International Human Rights Commission (IHRC) has appointed Mr Asim Irshad as their Ambassador in the Islamic Republic of Pakistan for the next two years. A press note from the Office…

Overseas Investors Chamber of Commerce and Industry (OICCI), the collective body of top 200 multinational companies in Pakistan, expressed its shock and dismay at the action of the FBR Large…

Pakistan's number one 4G operator and largest internet and broadband service provider Jazz invested over PKR 3.7 billion during the 3rd quarter of 2020 with a strategic focus to expand…

ACE Money Transfer, a leading cross-border remittance provider, today advanced its services and partnership with Bank Alfalah by launching a mega incentive campaign for its customers sending remittances to Pakistan…

Pakistan's number one 4G operator and the largest internet and broadband service provider is amongst the largest taxpayers and the biggest foreign investors with an investment of over US$ 9.5…

Fauji Cement Company Ltd (FCCL) posted 1QFY21 NPAT of PKR696mn (EPS: PKR0.50), as compared to our estimate of PKR234mn (LPS: PKR0.17). Higher gross margins because of a steep rise in…

Standard Chartered Bank (Pakistan) Limited today announced its Q3 Results for 2020. The Bank delivered a resilient financial performance in Q3 2020 with year to date Profit before tax of…

Oil & Gas Development Co. Ltd (OGDC) has posted a NPAT of PKR23.4bn (EPS PKR5.45) for 1QFY21, up 43% qoq but down 14% yoy, beating our estimate of PKR4.60/sh. Like…

President Pakistan Businessmen and Intellectuals Forum and former provincial minister Mian Zahid Hussain on Wednesday expressed concern over terror incidents and rising political temperature in the country. Political confrontation between…

Fauji Fertilizer Company Limited (FFC) announced its financial result today where the company posted earnings of PKR 4,628mn (EPS: PKR 3.64) during 3QCY20 in contrast to PKR 3,563mn (EPS: PKR…

HUBC posted 1QFY21 consolidated NPAT of PKR8.14bn (EPS: PKR6.28), up 46%yoy, and up 20%qoq. This is a decent result by HUBC pulled by higher profits from its associate – CPHGC…