CPI to settle at 24.5%YoY/4.0%MoM
Pakistan Bureau of Statistics is expected to announce the CPI numbers on August 01, 2022, for July'22 wherein we expect CPI to settle at 24.5%YoY/4.0%MoM. The massive rise in Housing,…
The United States to donate 16 million Pediatric COVID-19 Vaccines to Pakistan
U.S. COVID-19 vaccine donations to Pakistan will surpass 77 million doses following an agreement to ship 16 million pediatric doses from the United States to Pakistan in partnership with COVAX.…
The urea demands for 1HCY22 now stands at 3.2mn tons
Urea offtake jumped 47% MoM in Jun'22 to 736k tons as preemptive demand growth surfaced in anticipation of urea price hike. Earlier in Jun'22, government reduced urea prices whilst ensuring…
ICI Pakistan likely to becomes sole PTA producer
ICI Pakistan Limited (ICI) has announced intention to acquire approximately 75.01% shareholding or (1,135.86mn shares) of Lotte Chemicals Pakistan Limited. A few weeks ago, ICI received a conditional bid from…
Honda Atlas Cars has reported a NPAT of PKR658mn for 1QMY23
HCAR has reported a NPAT of PKR658mn (EPS: PKR4.61) for 1QMY23, up c.3x QoQ. This is strong result from HCAR, where the deviation from our projected EPS of PKR0.20 is…
Savyour partners with leading home appliances brand PEL
Savyour, Pakistan's leading shopping rewards and cashback platform, has entered into a strategic partnership with Pak Elektron Limited (PEL), the country's pioneer manufacturer of electronic appliances. The brands have collaborated to offer consumers…
Fauji Fertilizer is expected to unveil its 1HCY22’s financial result on 28th Jul’22
Fauji Fertilizer Company Limited is expected to unveil its 1HCY22's financial result on 28th Jul'22, where we expect earnings to clock-in at PKR 9,147mn (EPS: PKR 7.19), down by 3% YoY.…
The market remained sideways throughout the day due to concerns over rising political and economic unrest
· The market remained sideways throughout the day due to concerns over rising political and economic unrest. PSX opened in the negative zone as rupee continued to decline against US dollar.…
Oracle Cloud infrastructure expands distributed cloud services
Oracle Cloud Infrastructure (OCI) is meeting customers where they are with the introduction today of a lower entry point for OCI Dedicated Regions and a preview of Compute Cloud@Customer services, bringing more than…
ACCA Pakistan organizes Virtual Careers Fair, bringing hundred of jobs under one platform
Pakistan: 26th July, 2022: ACCA (The Association of Chartered Certified Accountants) organized the 3rd Edition of its Virtual Careers Fair. It has featured around 200+ top organizations, 600+ jobs along…
Meta, Zindagi Trust join hands to launch child safety campaign in Pakistan
Meta and Zindagi Trust are collaborating to launch a broad-based awareness and stakeholder engagement campaign to curb the spread of harmful content related to child safety in online space. Under…
The importance of having a home first aid kit
People in every household face incidents and injuries regularly, but most of them lack the awareness of having a first aid kit. Sometimes, having an organized first aid kit at your home…
Ufone 4G supports livelihoods of local community in Murree
Pakistani telecom company, Ufone 4G has donated pushcarts and food stalls to local community members in Murree to help them earn a decent livelihood for themselves and their families. The…
With unrelenting inflation, SBP should not remain a silent spectator.: Mian Zahid Hussain
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 constant appreciation of…
FFBL reports its earnings dent by super tax impacts in 2QCY22.
Fauji Fertilizer Bin Qasim Limited (FFBL) announced the financial result for 2QCY22 yesterday, where the company posted earnings of PKR 1,783mn (EPS: PKR 1.38) compared to PKR 2,609mn (EPS: PKR…
Infinix launches cutting-edge industry 3D Vapour Cloud Chamber Liquid Cooling Technology
Today, Infinix officially launched its revolutionary 3D Vapor Cloud Chamber (3D VCC) Liquid Cooling Technology. Using innovative design on the dimensionality of VC shape for the first time designers have…
TCL launches latest iFFALCON S52 Android Smart TV in Pakistan
Pakistan's No.1 LED TV Brand, TCL has launched a new brand iFFALCON, with its S52 Smart Android LED Series which will be exclusively available on Daraz with Free Shipping, Early…
Prantik Group facilitates Mongla port dredging operation in Bangladesh.
The Mongla Port of Bangladesh has launched an ambitious dredging project to maintain the draft at a sustainable level. The port authority witnessed the arrival of two world's biggest non-propelled…
Bank Alfalah and ACE Money Transfer gives away Kia Sportage to SIX lucky remittance senders
Bank Alfalah, in partnership with ACE Money Transfer, is rewarding six lucky overseas Pakistanis for using legal remittance channels with a Kia Sportage Alpha SUVs each in a ceremony being…
Free Fire ushers in a new era with its brand refresh this July
Following the last debut of its new logo, Free Fire revealed a full suite of its new look and feel, a new co-creation program, and the return of its Battle…
Pakistan weekly update, index breached 40,000 points
Political uncertainty took a toll on the market this week. The Pak Rupee continued to depreciate during the week, reaching an all-time low of PKR 228.37 amid depletion of foreign…
Hemani Fragrances introduces sports body spray
Hemani Fragrances' Squad Collection now includes ten new deodorants, a collection of sports body sprays that are proudly and expertly made in Pakistan. Squad performance body sprays are the ideal deodorant…
FFBL is scheduled to announce its financial result for 1HCY22 on 25th Jul’22
Fauji Fertilizer Bin Qasim Limited (FFBL) is scheduled to announce its financial result for 1HCY22 on 25th Jul'22, where we expect the company to post a profit after tax of…
KSE-100 closed in the green zone
· The market witnessed a bearish momentum during the first session due to inflationary and political concerns. However, the bulls made a comeback in the second session for value hunting across…
Pakistan startup cup’s grand finale hosted By Tie Islamabad and the U.S. EMBASSY
The Indus Entrepreneurs (TiE) Islamabad joined forces with the United States Embassy in Islamabad to host the Grand Finale of the 2022 Pakistan Startup Cup at the Islamabad Marriott Hotel.…
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