Philip Morris (Pakistan) Limited (PMPKL), in collaboration with National Incubation Center Karachi (NICK) has launched an open innovation program ("Program") through the Innovation Lab platform. The focus of the Program…
The United States Mission to Pakistan is pleased to announce the expansion of interview waiver eligibility for Pakistani citizens renewing B1/B2 tourism and business visas at the U.S. Embassy in…
The Governor of the State Bank of Pakistan, Dr Reza Baqir, expressed his gratitude to the Pakistani diaspora in the Kingdom of Saudi Arabia (KSA) for their tremendous support of…
Attock Cement Pakistan Limited (ACPL) announced its 2QFY22 financial result today, where the company posted a profitability jump of 2x QoQ / 37% YoY to PKR 581mn (EPS: PKR 4.23)…
The company is expected to post a profit after tax of PKR 1,050mn (EPS: PKR 0.69) during 4QCY21, down by 4% YoY compared to PKR 1,096mn (EPS: PKR 0.72) during…
EPCL is scheduled to announce its financial results for 4QCY21 on Feb 8th, 2022. We expect the company to post a profit after tax of PKR 4,437mn (EPS: PKR 4.88),…
Since FY17, the government has placed a GST of 5% on tractors, in order to improve mechanization in farming and elevate crop yields. The special rate was also continued in…
Taking its purpose of empowering societies another step into the future, Telenor Pakistan is pleased to have hosted at its 345 campus, a delegation of Blockchain experts from the BSV…
Leading intellectual Javed Jabbar said that under Pervez Musharraf, India had accepted four points to resolve the Kashmir issue. But, Pervez Musharraf made a mistake by suspending the Chief Justice,…
Outlook With GoP successfully striking a deal with IMF to revive the dormant program, thereby unlocking US$1.0bn in loan, the in investor confidence will only pick and will likely translate…
Mr. Hanif Lakhany, VP FPCCI, has paid glowing tributes to the textile industry of Pakistan for their contributions to the exports of the country, massive employment generation and resilience in…
Attock Petroleum Limited (APL) announced the financial result for 1HFY22, whereby the company has posted a profit after tax (PAT) of PKR 6,609mn (EPS: PKR 66.40) against PKR 2,147mn (EPS:…
Pakistan Oilfields Limited (POL) announced its financial result today, posting a Profit after Tax of PKR 5,665mn (EPS: PKR 19.96) during 2QFY22 against PKR 3,021mn (EPS: PKR 10.64) in 2QFY21, significantly…
The Academy of International Business (AIB), the premier global organization of international business and management scholars, has named LUMS Vice Chancellor, Dr. Arshad Ahmad, the AIB International Educator of the…
The Karachi Port Trust handled 176,394 tons of cargo comprising 118,558 Tones of import cargo and 57,836 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
This is with reference to the news items related to actions taken by SSGC against industrial units involved in unfair and unethical practices. It has been erroneously mentioned in some…
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 Friday said continued inflation has…
Google announced today that it has launched a Gaming Growth Lab in Pakistan, its first in the country. The Lab, a five-week virtual programme is designed to help emerging mobile-gaming…
Pass rates have been announced to ACCA (the Association of Chartered Certified Accountants) students who sat their exams in December 2021. 119,688 entered for the December sitting, which saw 145,692…
In order to enhance the flow of home remittances through formal channels and improve foreign exchange liquidity in the interbank market, State Bank of Pakistan together with the Government of…
As per provisional fertilizer offtake data for the month of Jan'22, urea offtake declined by 12% YoY to 574k tons compared to 649k tons in SPLY. Offtake of FFC and…
CPHL plans to increase its production capacity for its bestselling API – Paracetamol from 3,600 tons pa to 6,000 tons pa. Paracetamol contributes c.45-50% to total revenue, with utilization levels…
The market is in a consolidation mode after successful IMF review and offers attractive valuations here. On the political front, the US emphasized its strategic partnership with Pakistan, clarifying Pakistan…
Amreli Steels Limited (ASTL) announced its 2QFY22 financial result today where the company posted a profit after tax (PAT) of PKR 602mn (EPS: PKR 2.03) compared to PKR 312mn (EPS:…
To recognize the commitment in improving the lives and livelihood of women through technology, the Overseas Investors Chamber of Commerce and Industry (OICCI) awarded Jazz with the 'Driving Change Beyond…