Pakistan GDP grew 2.09% in 3QFY24; 9MFY24 Avg 2.2%
National Accounts Committee (NAC) released GDP estimates for 3QFY24 which have shown a growth of +2.09% compared to -0.42% recorded in 3QFY23. NAC has also released provisional numbers for full…
KATI submits comprehensive budget proposals to the Federal Government
The Korangi Association of Trade and Industry (KATI) has presented a comprehensive 72-page budget proposal to the federal government, earning commendations from government officials. Both the Prime Minister's Secretariat and…
Secure Logistics plans to enhance storage capacity and optimise logistics efficiency.
Secure Logistics Group Limited (SLGL) held its analyst briefing on May 21 to apprise investors of the CY23 result and future outlook. The following are the highlights: · Net Sales for…
K-Electric plans to spend an investment of Rs392bn for different projects
Topline Securities organized the Pakistan Mid Cap Conference 2024. The conference started with a session on K-Electric (KEL), where the key speakers of the session was Mr. Muhammad Aamir Ghaziani,…
PIBTL views PKR devaluation as beneficial and reduced tariffs.
Pakistan International Bulk Terminal (PIBTL) has addressed details of its operation and the future outlook for coal and cement handling in Pakistan. Topline Pakistan Mid Cap Call Conference 2024 provided…
JS Momentum Factor ETF: Redefining investment landscape in Pakistan
JS Investments announces the remarkable success of the JS Momentum Factor ETF, Pakistan's first Smart Beta ETF. Launched in 2021, the JS Momentum Factor ETF represents a groundbreaking advancement in…
Mashreq Pakistan selects PTCL to expedite the bank’s Digital Transformation journey
Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a part of Mashreq which is the leading financial institution in the MENA region, have signed an agreement for provisioning of primary…
Sindh Govt’s Public-Private Partnerships – Leading to Universal Health Coverage
Universal Health Coverage promotes health for all. Sindh government through its public-private partnerships has been able to make significant strides towards it. Today, no child is more than 30 minutes…
Raqami Islamic Digital Banking and 1LINK join forces to revolutionize digital financial services
Raqami Islamic Digital Bank Ltd. (RIDBL), one of five aspirants to the digital retail bank license under the Licensing and Regulatory Framework for Digital Banks, 2022, is thrilled to announce…
PRL advances refinery expansion & upgrade projects with strategic meetings in China
In a significant step towards enhancing Pakistan's refining capabilities, senior management from Pakistan Refinery Limited (PRL) recently visited China to engage with Engineering, Procurement, and Construction (EPC) contractors and financial…
SSGC removes 2,840 illegal gas connections in fresh anti-gas theft raids
SSGC tightened its grip on the gas theft miscreants by cracking down on more than 2,840 illegal gas connections in Karachi, Nawabshah, Larkana and Quetta. In a major raid conducted…
Pakistan Crescent Collective hosts panel discussion at Cannes Film Festival
The Pakistan Crescent Collective inaugurated its presence at the Cannes Film Festival by hosting a groundbreaking panel discussion featuring the esteemed team from Mano Animation Studios, creators of Pakistan's first…
Pakistan Energy Symposium 2024, organised by OICCI and Shell Pakistan in Islamabad from May 22
Overseas Investors Chamber of Commerce and Industry (OICCI), and Shell Pakistan Limited are jointly hosting the Pakistan Energy Symposium. This dynamic event, curated by Nutshell Group, will take place on…
Pakistan Aluminum Beverage Cans capacity was enhanced to 1,200mn cans/p.a. in Jan’24
Pakistan Aluminum Beverage Cans Ltd (PABC) held its analyst briefing yesterday to apprise investors on the CY23 results and future outlook. Following are the key highlights: · Net Sales for CY23…
Stakeholders call for comprehensive regulation of trans-fatty acids in foods.
The Transform Pakistan campaign, a collective effort by civil society organisations, including Pakistan Youth Change Advocates (PYCA), Center for Peace and Development Initiatives (CPDI), Heartfile, UNICEF, Ministry of National Health…
Zong 4G collaborates with planet beyond to simplify credit management system for Zong users
Pakistan's leading telecom provider, Zong 4G has joined hands with Planet Beyond to create a seamless solution aimed at streamlining balance management for Zong 4G users. Established in 2004, Planet…
Aga Khan University hosts the Ground-breaking SIMPACT 2024 Conference in Karachi and Nairobi
The Aga Khan University Centre for Innovation in Medical Education (CIME) launched its first-ever international conference, SIMPACT 2024, in Karachi, Pakistan, and Nairobi, Kenya. SIMPACT 2024 brings together a diverse…
Mustehkam Pakistan asked the Sindh gov to expedite the completion of the Red Line BRT project.
Mustehkam Pakistan, an advocacy firm dedicated to safeguarding the community's interests, is deeply concerned by the ongoing disruptions faced by Karachi's residents and commuters due to prolonged delays in constructing…
Inflation creates a gulf between government and people: Mian Zahid Hussain.
On Monday, the Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said that the…
SSGC removes 1,045 illegal gas connections in a fresh crackdown against theft miscreants
SSGC's pursuit of gas theft miscreants continues to gain momentum, with more than 1,045 illegal connections removed in the Company's franchise areas during a fresh set of raids. The Theft…
A powerful mafia involved in smuggling oil from Iran.
On Monday, the Pakistan Petroleum Dealers Association (PPDA) stated that the sale of smuggled Iranian oil has increased to an alarming level due to the administration's connivance in the province…
Pakistan recorded a current account surplus for three consecutive months.
Surpassing our expectations, Pakistan's current account surplus for three consecutive months stood at US$491mn in Apr-2024, a significant increase from US$434mn in Mar-2024. This unexpected surplus was due to the…
Heat waves pose a serious risk to eyesight: Al-Shifa Trust.
As the temperatures rise and heat waves become more frequent, Al-Shifa Trust Eye Hospital, known for its expert eye care services, has warned the public regarding the risks posed by…
TCL Middle East & Africa showcases their latest line-up of products in Istanbul
TCL Electronics (1070.HK), the world's Top 2 TV brand and Top 1 98-inch TV brand, recently held its highly anticipated MEA Product Launch 2024 at the prestigious Hilton Istanbul Bosphorus.…
The Coca-Cola Foundation and charity: water to launch a clean water project in the Balochistan province
charity: water, a non-profit organization bringing clean and safe water to people worldwide, has received support from The Coca-Cola Foundation to launch a transformative clean water project in the Balochistan…
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