Bulls and bears engaged in battle at the PSX today
· Bulls and bears engaged in battle at the PSX today throughout the trading session. In anticipation of a rate cut in the monetary policy today, the market opened in the…
SBP decided to maintain the policy rate at 15 percent today
At today's meeting, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 15 percent. The MPC noted the continued deceleration in economic activity as well as the…
Pak-Qatar General Takaful and Mentor Health sign MoU aiming to transform the healthcare experience
Pak-Qatar General Takaful Limited (PQGTL) and Mentor Health held a Memorandum of Understanding (MoU) ceremony on 23rd September 2022 with an aim to transform the healthcare and wellness experience of masses…
S&P Global achieves a Double Win at Asia Risk Awards 2022
S&P Global has been honored with two wins at the Asia Risk Awards 2022. The Asia Risk Awards is the longest-running and the most prestigious award for firms and individuals…
Cement dispatches declined by 6.83 per cent during September 2022: APCMA
According to the data released by the All Pakistan Cement Manufacturers Association, cement dispatches declined by 6.83 percent in September 2022. Total Cement dispatches during September 2022 were 4.276 million…
A Pakistan Coating Association delegation meets the newly elected team of LCCI.
A Pakistan Coating Association (PCA) delegation led by the Vice Chairmen of PCA, Mr M Imran Sulehria and Mr M Waqas Mughal, met with the newly elected office bearers of…
NIC, Ignite and Huawei collaborates for Huawei Cloud Startup Program
Different start-ups from across Pakistan pitched their business ideas to a set of decorated judges during the Huawei Cloud Start-up program. The program is a global support program launched by…
KCCI appreciates subsidized electricity to export industries
The Leadership of Karachi Chamber of Commerce & Industry (KCCI), while highly appreciating the government's decision to provide subsidized electricity at Rs19.99 per unit to five zero-rated export-oriented industries, said…
Martin Dow at CPHI PHARMA Awards 2022 Frankfurt, Germany
Martin Dow has been selected as the finalist and is proud to present Pakistan at the upcoming CPHI PHARMA Awards 2022 to be held in Frankfurt, Germany. The CPHI Pharma Awards…
The reason of high trading activities in World Call Telecom
World Call Telecom Limited (WTL) has topped volume charts in last few days with daily traded volumes of 359mn shares (16% of free float) during last 3-days as against average…
Aga Khan Hospital for Women, Garden inaugurated state-of-the-art Diagnostic Centre in Karachi
A new state-of-the-art Diagnostic Centre was inaugurated at the Aga Khan Hospital, Garden Karachi. This new and improved Diagnostic Centre brings all outpatient services offered by the hospital under one…
United States delivers additional 8 million Pfizer COVID-19 Pediatric vaccine doses
The United States government, through the U.S. Agency for International Development (USAID) and in partnership with the Government of Pakistan, has delivered an additional batch of 8 million Pfizer COVID-19…
Beaconhouse pays tribute to teachers by celebrating International Teachers Day, 2022
Beaconhouse Group, Pakistan's largest network of private educational institutions, celebrated International Teachers Day 2022 by paying a special tribute to teachers who shape the leaders of tomorrow and inspire nation…
IT & Textiles can bridge bilateral trade deficit with Australia
Mr. Irfan Iqbal Sheikh, President FPCCI, has expressed his concerns that the bilateral trade with a large economy like Australia – having a GDP of approximately $1.4 trillion – remains…
Khawaja Muhammad Ilyas, President of Dera Ghazi Khan, Chamber
The annual election of Dera Ghazi Khan, Chamber of Commerce & Industry (Punjab) was held recently for 2022-23. The following are the names of successful/elected members with their designations. Khawaja Muhammad Ilyas, President, of…
Gul Ahmed Textile Mills has sustained the strong revenue growth in 4Q
Gul Ahmed Textile Mills (GATM) has reported consolidated NPAT of PKR3.9bn (EPS: PKR6.26) for 4QFY22, more than double compared to last year and up 58% QoQ. This takes FY22 NPAT…
EFERT: Profitability and dividend to rebound
Engro Fertilizer (EFERT) is expected to post 3QCY22 net profit of PKR4.8bn (EPS: PKR3.61), up from a loss of PKR98mn in 2Q. This is majorly due to (i) lower effective…
DP World to ease supply chain congestion
DP World added more than 23,000 nautical miles of new trade routes across the globe in the first three quarters of 2022, equivalent to a complete circumnavigation of the Earth.…
Indus Motor wins the prestigious MAP Corporate Excellence Award 2022
At the 37th Corporate Excellence Awards 2022 ceremony, hosted by the Management Association of Pakistan (MAP) in Karachi, Indus Motor Company (IMC) won the Best Corporate Excellence Award in the…
NCPL: The capacity factor of the plant remained at 51.47% during FY22
The management of Nishat Chunian Power Limited (NCPL) held a Corporate Briefing session today to discuss the company's performance and future outlook. Brief Takeaways · To recall, the company posted a…
Bank of the Future Forum to bring together influencers & decision-makers from Pakistan’s banking sector
NdcTech, a leading IT & consulting firm providing transformational services for the banking sector globally and Temenos, the world's leading banking software company are pleased to co-host the 11th edition…
Al-Ghazi Tractors launches 2023 models on its 40th anniversary
To commemorate 40 successful years of its existence, Al-Ghazi Tractors Limited (AGTL) has introduced new 2023 models with high gloss paint features for all New Holland tractor variants. The new…
FTO appoints President KCCI as honorary advisor
Federal Tax Ombudsman Asif Mahmood Jha has announced to appoint President Karachi Chamber of Commerce & Industry (KCCI) Muhammed Tariq Yousuf as Honorary Advisor FTO so that the members of…
Bulls ruled the day at PSX after the Asian Development Bank stated that it would give Pakistan aid worth USD 2.3 billion
Bulls ruled the day at PSX after the Asian Development Bank stated that it would give Pakistan aid worth USD 2.3 billion. Due to the decline in international coal price,…
Pakistan’s foreign reserves stand at US$ 13,588 million
The total liquid foreign reserves held by the country stood at US$ 13,588.8 million as of 30-Sep-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
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