SBP reserves increased by US$ 852 million to US$ 7,757.1
The total liquid foreign reserves held by the country stood at US$ 12,855.7 million as of 22-Dec-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
HUBC (3.44%) contributed the most to today’s index advance.
Additional gains for Pakistan with another strong session, putting in distance from the key 60k (KSE-100) and 20K (KSE-30) levels. 83 stocks rose while 14 fell. HUBC PA (3.44%) contributed the…
KATI and STEVTA join forces to bridge industry skill gap
To address the shortage of skilled manpower in the industry and align vocational training with industry needs, the Korangi Association of Trade and Industry (KATI) and Sindh Technical Education and…
Infinix HOT 40 series: Redefining Mobile Gaming – Features You Can’t Ignore
When searching for the ultimate gaming phone, it's crucial to recognize that game performance isn't solely dictated by the processor. While many gaming phones currently available prioritize a powerful processor,…
Heimtextil 202409 – 12 January, 2024 Frankfurt
Facts and Figures More than 44,000 international trade buyers and 1000 visitors from Pakistan. In 2024 we expect more than 2500 exhibitors, of whom 280 are from Pakistan. One location…
Karachi Police vows to strictly deal with criminals for relief to the business community and citizens of the city.
Additional Inspector General of Police Khadim Hussain Rind, while agreeing to concerns expressed over the rise in crime rate, particularly the incidents about kidnapping for ransom, demand for extortion and…
JazzCash to become the First Digital Wallet via Mastercard
JazzCash, a pioneering force in the fintech sector, is proud to announce its strategic collaboration with Mastercard, positioning itself as the first mobile wallet in Pakistan to bring tap-and-pay functionality…
Ufone 4G & Huawei successfully deployed the World’s First Microwave Super Hub
In a groundbreaking collaboration, Ufone 4G and Huawei have unveiled commercial deployment of world's first Microwave Super Hub solution, showcasing Huawei's innovative feature of intelligent dynamic power control at large…
During 2023, average inflation was 31%, but it is likely to fall moving forward.
§ Pak Rupee (PKR) has been under pressure since last 7-Years. In 2023 PKR fell 20% against US$ in spite of some recovery in last few months. § This 20% fall in…
EFP urges Sindh Chief Minister to take action against violation of labour laws
The Employers' Federation of Pakistan (EFP) has strongly noted a news item alleging that the Sindh Solid Waste Management Board and its foreign contractors and sub-contractors are blatantly violating labor…
Salt Industry seeks urgent government intervention amid high freight costs and the Red Sea crisis.
The salt export industry in Pakistan is teetering on the brink of collapse, casting a daunting shadow over businesses, particularly within the salt sector. The Salt Manufacturers Association of Pakistan…
Service Global Footwear navigating success through diversified export excellence
We reiterate our buy stance on Service Global Footwear Limited (SGF) with a Dec'24 target price of PKR 76.4/share, offering an upside of 39% from current levels. Our liking for…
Experts believe PSX saw -10% fall, which is historically the turning point in bull markets.
The additional downside to starting the week now brings Pakistan to longer-term levels. 60k KSE-100 and 20K KSE-30 are significant levels, and we are now on alert to watch for…
SECP harnesses modern technology for investor awareness, KATI President Nighat Awan
To bolster investment in Pakistan and foster economic growth, the Securities and Exchange Commission of Pakistan (SECP) is set to leverage modern technology to disseminate information and incentivise investors. This…
SmartNet forges fibre lease deal with one network, and Cybernet
SmartNet Private Limited, the technology arm of Capital Smart City and a key entity in the HRL Group of Companies, is pleased to announce a groundbreaking Fiber Lease Agreement in…
Pre-orders now open for OPPO A78
Brace yourselves as OPPO announces the much-anticipated launch of the OPPO A78 in Pakistan, promising a device that redefines smartphone excellence. With a sleek Ultra-Slim Retro Design, 67W SUPERVOOCTM Flash Charge,…
Power Cement exported cement to the UK
Power Cement, a leading name in the cement industry, marks a significant milestone as it successfully enters the European market by exporting its high-quality cement to the United Kingdom. This…
Experts expect PSX is likely to take correction and may end on a positive note in CY23.
Next week, the market may see a correction and end the year positively. Furthermore, upcoming elections hold pivotal significance, and their successful conclusion could further elevate investor confidence. We advise…
Society of Actuaries launches global access pilot program in Pakistan
The internationally-renowned Society of Actuaries (SOA), based out of the United States, has announced the launch of its SOA Global Access Pilot Program in Pakistan, aimed at improving the accessibility…
Pakistan Equities outperformed major asset classes in 2023
After lagging for the last few years, Pakistan Equities outperformed major asset classes in 2023. The benchmark KSE 100 Index provided a gain of 53% (Jan 01, 2023, till Dec…
Jobs, exports, and production are all harmed by power sector: Mian Zahid Hussain
Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that expensive electricity…
Majid Al Futtaim expands its investment in Pakistan to Rs 14 billion
Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in Pakistan, announced the inauguration of two new Carrefour supermarkets in Lahore, as part of Majid Al Futtaim's vision…
MD, SSGC reiterates Company’s customer-centric approach
Imran Maniar, Managing Director, Sui Southern Gas Company has reiterated Company's commitment towards addressing the complaints and grievances of its customers in a swift manner, even though the utility is…
The second ‘Pathways to Development Conference’, held at LUMS
The second 'Pathways to Development Conference', held at LUMS from December 18 to 20, saw prominent academics, researchers, practitioners, and policymakers from within Pakistan, the Pakistani diaspora, as well as…
Inclusive, not forcefully enforced, ecosystem is Punjab Labor policy: Secretary
Muhammad Naeem Ghaus, Secretary Punjab Labor and Human Resource Development Department, has said that the Department is focusing on facilitating the employers and workers in implementing the over two dozen…
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