Nishat Chunian Limited (NCL) announced its 1QFY24 results, where the company posted a PAT of PkR0.5bn (EPS: PkR2.1) vs. a profit of PkR0.4bn (EPS: PkR1.9) in the preceding quarter, an…
Pakistan listed banks profitability increased to record Rs163bn up 95% YoY in 3Q2023. This was primarily driven by significant jump in Net Interest Income (NII) amid high interest rates, and…
Synite Digital, Pakistan's Digital Agency of the Year for the past two consecutive years (2022 & 2023) has made a resounding mark on the global stage by clinching four prestigious…
Pioneer Cement Limited (PIOC) announced its 1QFY24 results today, with the company posting NPAT of PkR934mn (EPS: PkR4.11) compared to a loss of PkR100mn (LPS: PkR0.44) in the previous quarter.…
Mobilink Bank signed a Memorandum of Understanding (MoU) with HRSG, a globally renowned service provider. This collaborative agreement strives to extend financial services to HRSG employees, showcasing the Bank's dedication…
Pakistan's leading telecom and ICT services provider, PTCL Group (PTCL & Ufone 4G) announced today that it is leveraging Red Hat OpenShift, the industry's leading hybrid cloud application platform powered…
At its meeting today, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 22 percent. The Committee noted that headline inflation rose in September 2023 as expected.…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that the success…
Caretaker Finance Minister Dr Shamshad Akhtar has asked OICCI to support government's endeavors to encourage foreign direct investment and invest in export-based industries to support countries development and contribute to…
Article by Zeeshan Bukhari, Co-founder Bit-Affix Pakistan's digital transformation journey has been marred by several obstacles hindering its progress and preventing it from keeping pace with its regional counterparts. While…
FPCCI's presidential candidate, Atif Ikram Sheikh, said on Sunday that economic security is very important for the sovereignty and independence of the country; therefore, it must be the top priority…
Governor of Sindh, Kamran Khan Tessori, presenting the Gold Medal to Shabbir Mansha Churra, Vice President of FPCCI, in recognition of his outstanding services to the business community during the…
A symposium on 'The Future Drive: innovations, exports, trends, and way forward for auto parts manufacturers' was held on the second day of the Pakistan Auto Show on Saturday at…
Reiterating its commitment to social responsibility, JS Bank participated in Global Pinktober Month, dedicated to raising awareness about breast cancer and the importance of early detection. The month began with…
Mr. Irfan Iqbal Sheikh, President FPCCI, has forewarned the government that there will be huge repercussions of the looming gas tariff hikes on commercial and industrial consumers – and, the…
"The government should realize that its treatment of the auto industry as a cash cow by burdening it with taxes ranging between 37 and 43 per cent per locally produced…
With the Home base Workers legislation enactment and inclusion of HBWs in the Labour workforce, Pakistan leads the way in South Asia in legislation for homeworkers. The promising policy environment…
Jazz, Pakistan's largest digital operator, and Careem, the pioneer of ride-hailing services in Pakistan, have extended their longstanding partnership to bring unparalleled benefits and innovation to their mutual customers. The…
Khyber Pakhtunkhwa IT Board in collaboration with World Bank and Tech Valley Pakistan, recently concluded a highly successful consultative session in Karachi, the economic hub of Pakistan. The event brought…
In response to the rising malnutrition crisis in Sindh, a two-year support action, funded by the European Union, aimed at strengthening community based organizations in 5 districts of Sindh to…
Addressing a ceremony on "Promoting the use of RMB in Cross-Border Settlement" today, organized by ICBC Bank in the Jinnah Conventional Center Islamabad, Governor SBP Mr. Jameel Ahmad highlighted the…
The National Flag Carrier, Pakistan National Shipping Corporation (PNSC), convened its 45th Annual General Meeting for the financial year 2022-23 on October 26, 2023, in Karachi. Chairman PNSC, Rear Admiral…
Faysal Bank Limited (FBL), a leading Islamic bank in Pakistan, has recorded an operating profit of PKR 28 billion, an increase of almost 100% compared to last year. Net profit…
Pakistan's Information Technology (IT) exports for Sep 2023 of US$206mn are down by 12% MoM. Segment-wise, Telecom and Computer Services down by 26% and 9% MoM, respectively. Sep 2023 IT…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the people…
