In Jun’24, the headline inflation rate stood at 12.6%.
In Jun’24, the headline inflation rate stood at 12.6%, rising from the previous month’s YoY rate of 11.8%. This increase contrasts sharply with Jun’23, which recorded a much higher YoY…
SSGC removed 915 illegal connections and made 2 arrests
SSGC’s anti-gas theft control teams continued to show zero tolerance towards gas thieves by cracking down on domestic customers using gas for commercial purposes. 915 illegal connections were removed in…
Cross-subsidy move will increase the business cost of the textile sector: Mian Zahid Hussain
Chairman of FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on…
Fly Emirates to Dubai and enjoy a complimentary stay in a luxury 5* hotel
Emirates has today announced an exciting new offer for holidaymakers planning to visit or stopover in Dubai this summer. Starting from 1st July 2024 to 21st July 2024, travellers who purchase an…
*Experience Dubai’s July Extravaganza*
Dubai is the best place to be in July for Pakistanis, thanks to its vibrant array of events that cater to all tastes and age groups. The city comes alive…
TRG Pakistan (TRG): 9MFY24 corporate briefing key takeaways
TRG Pakistan (TRGP) through its associate company TRG International (TRGI) holds a stake in three assets; Afiniti, Ibex, and liquid assets (Greentree Holdings). TRGP through TRGI holds 17% and 30%…
inDrive and oladoc Partner to promote health and wellbeing in Pakistan
inDrive, a leading global ride-hailing service, is excited to announce a groundbreaking partnership with oladoc, Pakistan’s premier digital healthcare platform, to provide free healthcare subscriptions to inDrive users. This initiative…
Gul Ahmed Textiles Mills wind energy project requires an investment of US$120mn
Topline Securities recently hosted a Corporate Briefing Session (CBS) of Gul Ahmed Textile Mills (GATM), wherein the management discussed the company's recent financial results and prospects. The company has borrowed…
Pakistan can never produce enough wheat due to the sugar mafia
Dr Muhammad Hanif Mughal, Chairman of Pakistan Tehreek-e-Shadbad, said on Sunday that the sugar industry is one of Pakistan's most influential industrial sectors. He said the exploitation of the farmers…
IPPs have destroyed the Pakistan’s economy
On Sunday, Dr. Murtaza Mughal, President of Pakistan Economy Watch (PEW), said that Independent Power Producers (IPPs) have destroyed the country's economy. He said private power plants are a big threat…
The public will continue to suffer from mini-budgets
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Monday that the government is constantly increasing its perks and privileges and also…
SAI Chief demands withdrawal of SRO-350 as SSGC, K-Electric failed to file ST Return on time.
The Site Association of Industry (SAI) President, Muhammad Kamran Arbi has once again demanded the government to immediately withdraw the SRO-350, ab initio, in the wake of being ambiguous. In…
easypaisa Revolutionizes Borrowing with “easycash” digital loan
Reaffirming its dedication to delivering seamless digital financial services to all Pakistanis, easypaisa is offering “easycash”, a digital service providing instant, hassle-free access to loans for users. ”easycash” enables easypaisa…
VLEKTRA wins SDGs innovative financing challenge cup in Pakistan
Pakistan's pioneering electric motorcycle company, VLEKTRA, has won the SDGs Innovative Financing Challenge Cup, organized in partnership with the United Nations Development Programme (UNDP) and JS Bank. The company stood…
Selected budget changes as approved in Parliament today
§ The parliament has passed budget FY25 today with some changes in measures announced in the Budget speech of Jun 12, 2024. § Below are some key takeaways from the proposed changes…
SSGC notifies 24-hours Gas Holiday for all Industries Including their
Due to the shortages of gas supplies in SSGC’s system, the availability of gas has decreased, resulting in the depletion of the line pack, causing low pressures in the system.…
PTCL advances Telenor Pakistan acquisition by signing financing agreements with IFC-led consortium
Pakistan Telecommunications Company Limited (PTCL) has signed formal loan agreements with an International Finance Corporation (IFC)-led consortium to secure up to $400 million in financing for the acquisition of Telenor…
The PM’s decision to develop the education sector is commendable
Chairman of the FPCCI Policy Advisory Board and National Business Group Pakistan, President of the Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former Provincial Minister Mian…
PACRA Maintains AA- Ratings of BankIslami Pakistan Limited
BankIslami Pakistan Limited, the first Islamic commercial bank to receive an Islamic banking license in Pakistan has demonstrated remarkable growth over the past few years. The bank has successfully maintained…
Bank Holiday on July 01, 2024 in Pakistan
The State Bank of Pakistan will remain closed for public dealing on July 1, 2024 (Monday), which shall be observed as Bank Holiday. All banks / DFIs / MFBs shall,…
realme 12 Series: Ready to challenge rivals with cutting-edge processors in Pakistan’s Smartphone Arena
realme, one of the world’s leading smartphone brands, this week announced the launch of its latest smartphones, the realme 12 and realme 12+ 5G in Pakistan. This highly anticipated announcement…
PTCL Group integrates advanced AI to achieve customer service excellence
Pakistan’s largest telecommunication and ICT services provider, PTCL Group (PTCL & Ufone 4G) has collaborated with STech.ai to integrate an innovative AI-based platform that leverages advanced technologies, including Urdu-based Large…
DepuSBP encourages banks to embrace SME finance as a core business line to boost MSME growth
The State Bank of Pakistan (SBP) joined the global community in celebrating Micro, Small, and Medium Enterprises (MSME) Day by highlighting the pivotal role these enterprises play in driving economic…
SBP reserves decreased by US$ 239 million
The total liquid foreign reserves held by the country stood at US$ 14,207.3 million as of 21 June 2024. The break-up of the foreign reserves position is as under: Foreign…
Zong 4G and Oladoc collaborate to revolutionize digital Healthcare solutions
Zong 4G, Pakistan’s leading telecommunications provider, proudly announces a groundbreaking partnership with Oladoc. Oladoc is a digital healthcare platform, operating in Pakistan, dedicated to connecting patients with healthcare providers and…
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