Pakistan Telecommunication Company Limited (PTCL) Group has opened the doors of its medical centers for flood affected people in Swat, Dera Ismail Khan, Sukkur, Mirpur Khas, Larkana, Hyderabad, Malir-Karachi and…
· The market observed a negative session today due to concerns over mounting inflation and GDP growth rate. Investors' participation remained sideways throughout the day although value buying was witnessed…
The Leadership of Businessmen Group (BMG) and Karachi Chamber of Commerce of Industry (KCCI), while totally rejecting the unprecedented 80 percent hike in electricity tariff, stated that this unbearable upsurge…
A series of training videos have been launched in national and regional languages, by the State Bank of Pakistan (SBP), with a vision to create awareness about agriculture-financing products and…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said rains and floods have…
Metro Pakistan, the leading international wholesale company, steps forward as the first retail business in Pakistan to supply relief and food supplies for the flood IDPs in Karachi. In a…
For half year ended June 2022, the Bank achieved 155% increase in its operating profit before provisions and reported Rs. 4.1 billion as compared to Rs. 1.6 billion in the…
Nestlé Pakistan has committed to donating 250,000 liters of clean drinking water and 10,000 liters of milk, in the second phase to support vulnerable communities affected by the devastating floods…
Chairman NEPRA Tauseef H. Farooqi visited the CLF's Emergency Room at PIMS and praised the paperless, automated model of care implemented by the foundation. "I came to know about the…
The Asia-Pacific ICT Alliance (APICTA) and Pakistan Software Houses Association (P@SHA) announced that Pakistan will be officially hosting the APICTA Awards this year for the first time. Hosted by PA@SHA,…
Enabling the cloud-first mindset to support digital transformation and optimization of businesses in Pakistan, global market leader in digital and technological solutions, SAP, organized an exclusive SAP Cloud Info Day…
Pakistani telecom company, Ufone 4G is providing free calls in the flood affected areas to establish connectivity between the affected people, their loved ones and rescue personnel to facilitate relief…
British Council is partnering with Art South Asia Project (ASAP) and COMO Museum for a one-day symposium of events, "Mastering Art and Research in Pakistan", as part of its Pakistan/UK:…
Last week students, faculty, and staff from LUMS and the University of Baltistan, Skardu (UoBS) celebrated the successful completion of the inaugural session of 'Learning Without Borders: The Baltistan Experience'.…
The flood victims will get relief from the army rescue operation. Multinational and national companies should immediately provide tents, food and clothes to help the flood victims under corporate social…
On Saturday, the Education Malaysia Global Services (EMGS) launched the "Study in Malaysia Education Fair" in Karachi, offering aspiring students and their parents a unique opportunity to interact and get…
SYS has posted a 2QCY22 consolidated NPAT of PKR1.76bn (EPS: PKR6.34), up 93% YoY and 47% QoQ. The result came in slightly higher than our expected earnings of PKR1.55bn (EPS:…
According to NFDC, Urea sales in Jul'22 witnessed the largest slump since Dec'21, down 26% YoY to c.463,000 tons, largely owed to i) Eid holidays, ii) monsoon season, and iii)…
Zonergy Solar development Pakistan, Pakistan's No.1 Solar solution provider, has participated in Pakistan's 18th International Trade and Industrial Fair. The three days exhibition was organized by E-commerce Pvt Ltd, which…
According to the latest hydrocarbon reserves data by PPIS, oil reserves during Jun'22 have reduced by 7% YoY, arriving at 233mn bbl compared to 249mn bbl in Jun'21. The decline…
Fatima Fertilizer Co. (FATIMA) has posted a 2QCY22 NPAT of c.PKR0.2bn (EPS: PKR0.08), down a sharp 97% both sequentially and in SPLY, missing our projected EPS of PKR2.03. The variance…
During the week, the KSE-100 vanished 679 pts and closed at 42,592 pts as political uncertainty arises again, to the ongoing tussle between the federal and provincial governments. Moreover, rising…
SNGP held its conference call today whereby the management discussed the FY21 financials and its future outlook. The call was led by the MD Mr. Ali Hamdani. Brief Takeaways · The…
State Bank of Pakistan (SBP) has assigned annual agriculture credit disbursement target of Rs1,800 billion to the financial institutions for FY23 to cater to the agriculture credit demand in the…
Pakistan State Oil announced FY22 record unconsolidated earnings of Rs86bn (EPS: Rs184) as compared to Rs29bn (EPS: Rs62) in the same period last year. This is due to, (i) higher…