The Index closed at 41,540.83pts, up by 243.10pts, today
· PSX witnessed a positive session today as PKR continued to extend gains against USD and cut-off yields on 3M & 6M T-bills fell by two basis points and 15…
Shell Pakistan appoints Burque Corporation as distributor in Quetta for Lubricants.
Shell has been a leading global supplier of finished lubricants for 15 consecutive years. Shell Lubricants business in Pakistan has appointed Burque Corporation to manage its distribution in Quetta to…
Boskalis completes sale of KST and Maju to Rimorchiatori Mediterranei
Boskalis and its co-shareholder KS Investments Pte. Ltd. (Keppel) have completed the sale of their equity stakes in their harbor towage activities in Singapore and Malaysia (Keppel Smit Towage Pte…
Pakistan Banks: Higher taxation but not as bad as initially feared
As per the amendments made to the Budget announced on June 10th, the recurring tax rate for Banks appears to be 43% instead of the 47% being determined earlier. In our Budget…
Stakeholders warned that fuel price hike further aggravate the girls drop out from schools
Expressing grave concern over the 2.2 million out-of-school children, with girls being the majority, experts have stressed on the implementation of the Free and Compulsory Education Act and girls' right…
Nasir Javed meets the Finance Minister – requested to abolish the rental tax rate
Regarding the new tax on real estate and construction, Patron, in Chief Federation Realtors of Pakistan and Association, Nasir Javed, met with Finance Minister Miftah Ismail and discussed the problems…
Savyour launches #NotSoSmall initiative to support small/medium businesses
Savyour, Pakistan's first and largest cashback app, launched its #NotSoSmall initiative on the United Nation's Micro, Small and Medium Enterprises (MSME) Day to extend additional support to the hundreds of…
National Bank of Pakistan moves toward energy conservation
National Bank of Pakistan (NBP), the largest public sector commercial bank, has taken measures to reduce power and energy consumption across its network in the country. The initiative will support…
realme C35 brings solid quality with the TUV Rheinland High Reliability Certification
There are many things you can consider when purchasing a new smartphone: camera performance, display size, design, and many other aspects. However, the most weight in the decision should be…
Nestlé Pakistan conducts waste management training
Nestlé Pakistan, in collaboration with the Tourism Department of the Government of Khyber Pakhtunkhwa, conducted an extensive two-day training on waste management and sustainable tourism in Swat. The training is…
TPL Trakker signs MoU with SNGPL for fleet management solutions
TPL Trakker Limited has recently partnered with Sui Northern Gas Pipelines Limited (SNGPL) for fleet management solutions. SNGPL is the largest integrated gas company that serves over 7.22 million consumers in…
PSX market remained under pressure today due to major sell-off in the banking stocks
· Market remained under pressure today due to major sell-off in the banking stocks. Cement sector stayed in the red zone due to increase in Afghan coal price and export tax.…
Taking the smartphone market by storm – Infinix 5 mins charge challenge!
Infinix, Infinix, Pakistan's highest selling smartphone brand has set up the 5 minutes charge challenge at Hafeez center so that everyone can witness the power of 120 W Hyper Charge.…
SBP launches farmers’ Financial Literacy & Awareness Promotion
State Bank of Pakistan (SBP) has launched a series of videos in national and regional languages about agriculture financing products and procedures to create awareness among the farming communities across…
EBM wins RoSPA Silver award
English Biscuit Manufacturers, a leading FMCG company, has recently won the international and prestigious RoSPA Silver Award for maintaining the highest standards of health and safety at its premises. The…
Pakistani teams emerge victorious in Huawei ICT Competition Global Final
The Huawei ICT Competition 2021-2022 Global Final in Shenzhen drew to a close on June 25. This year marks the sixth Huawei ICT Competition, which included three competitions – Practice,…
The Paymob and NIFT sign agreement to securely enable digital payments in Pakistan
The Paymob, the leading omni-channel financial services platform in the MENAP region, signed an agreement with National Institutional Facilitation Technologies (NIFT) to facilitate digital payments in Pakistan and to secure payment…
A session on TRUST in news and information conclude
A consultative session on Trust in News and Information was organized by AGAHI, here in Islamabad today. The session was attended by leading journalists, academics and experts related to information…
GIZ Pakistan organized certificate award and showcasing programme
A certificate award ceremony for Master Trainers in Entrepreneurial Skills trained at the Professional Development Center of National University of Science & Technology (NUST) Islamabad under the Clean Power Purchasing…
USA assistance for Afghanistan on June 22 Earthquake
The devastating June 22 earthquake in eastern Afghanistan intensified the ongoing humanitarian crisis the Afghan people have endured for too long. U.S.-funded partners on the ground responded rapidly with medical…
Asif Raza Qadri congratulates newly elected office bearers of the Association of Press Photographers
During their visit to Karachi Press Club, a delegation led by Religious leader Asif Raza Qadri congratulated newly elected officials of the Association of Press Photographers (PAP), won in the…
PSO has added 39 new retail outlets during 9MFY22
The management of Pakistan State Oil Company Limited (PSO) held a corporate briefing session on 28th Jun'22 to discuss the financial performance of 9MFY22 and future outlook. Brief Takeaways · To…
OICCI and ICBC Pakistan successfully held Webinar on RMB
To facilitate local markets understanding and utilization of RMB, and further in the light of some interest in a new circular by PBC (People's Bank of China), effective from March…
Areej Khan takes charge as CHRO at Telenor Pakistan
Telenor Pakistan announced that Areej Khan had been appointed the chief human resource officer. Areej has been associated with Telenor Pakistan since the pre-launch phase over 18 years ago. Areej…
MMBL to offer inclusive financial services to HomeChefs
Mobilink Microfinance Bank Limited (MMBL), the largest digital bank in Pakistan, has partnered with foodpanda HomeChefs, the nation's leading platform for home-based restaurants, and AdalFi, a Techlogix subsidiary focused on…
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