We raise our CY21/22f EPS estimates for MEBL by 12% and 3% as we build in stronger balance sheet growth (in the backdrop of consistent branch expansion), lower provisioning and…

Salesflo (Retailistan Pvt. Ltd) started the retail digitization journey for Pakistan in 2015 with Pakistan's first cloud-enabled Sales and Distribution platform. Since its inception, Salesflo has onboarded more than 40…

Salesflo (Retailistan Pvt. Ltd) started the retail digitization journey for Pakistan in 2015 with Pakistan's first cloud-enabled Sales and Distribution platform. Since its inception, Salesflo has onboarded more than 40…

PACRA has upgraded Asset Manager Rating of National Investment Trust Limited from AM2++ to AM1 after considering the company's consistently better funds' performance among peers, fund slate diversification, materialization of…

Federal Minister for Finance and Revenue Shaukat Tarin has announced that with effect from July 1, 2021, no notices will be issued by the FBR as the taxpayers will be…

Sindh Minister for Labor and Human Resource Saeed Ghani along with Sindh Minister for Industries & Commerce Jam Ikramullah Dharejo visited Karachi Chamber of Commerce & Industry on Thursday. Chairman…

Leading global software technology giant, SAP, has unfolded a new performance benchmark for Small and Medium-sized Enterprises (SMEs) in Pakistan with its revolutionary ERP tools. With specialized solutions including SAP…

The Karachi Port Trust handled 205,698 tons of cargo comprising 146,515 Tones of import cargo and 59,183 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

· Market traded in the positive zone for most part of the session, however, profit booking in Cement, Banks, Textile and E&P sector brought the index down by 117pts, closing…

Emirates has announced it will resume four weekly services to the resort island of Phuket from 2nd July 2021, with the re-opening of the popular destination to international tourists. Furthermore,…

Pakistan Telecommunication Company Limited (PTCL) and National University of Computer and Emerging Sciences (NUCES) signed a Memorandum of Understanding (MoU) for a long-term research and development activities that will mutually benefit…

American Pakistan Foundation (APF) has announced the appointment of Saleem Ahmad, Chairman, National Incubation Center Lahore (NICL), LUMS to its board of directors. With this appointment, APF hopes to foster…

Nestlé Pakistan has introduced paper straws across its entire ready-to-drink (RTD) product range, making it the first food and beverage company in Pakistan to do so. The initiative will eliminate…

Pakistan Kuwait Investment Company (Private) Limited (PKIC) announces that it is making an equity investment of PKR 500 million in Planet N (Private) Limited. This is the largest equity investment by a…

Telenor Pakistan's digital accelerator programme, Telenor Velocity is excited to announce the startups for its much anticipated 7th cohort, this time in partnership with Telenor Microfinance Bank / Easypaisa. The…

The total liquid foreign reserves held by the country stood at US$ 23,294.1 million on 28-May-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…

The State Bank of Pakistan while taking the stock of performance of steel industry in the first half of the ongoing fiscal year has pointed out that the steel sector…

The cement sector continued to perform well, as its output rose sharply by 20.8 percent in H1-FY21 compared to a 2.7percent growth last year, says a report of the State…

The State Bank of Pakistan released its Second Quarterly Report on The State of Pakistan's Economy for the fiscal year 2020-21 today. The report highlights the strengthening of the economic…

The U.S. Government, through the U.S. Agency for International Development (USAID), has airlifted emergency medical supplies to Maldives, Pakistan, and Sri Lanka to help save lives, stop the spread of…

After introducing unbeatable international roaming offers for many countries in the past, Pakistan's connectivity leader, Zong 4G, has now come up with an amazing roaming offer for Singapore. The offer…

Korangi Association of Trade and Industry (KATI) President Saleem-uz-zaman said that in view of the COVID19 pandemic and other factors, the government should keep its expenditure to a minimum in…

The Karachi Port Trust handled 199,000 tons of cargo comprising 138,514 Tones of import cargo and 60,486 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

Ilma University uncovered the curriculum in its contemporary webinar on Designing Curriculum on Blooms Taxonomy. Dr Hardik Vachharajani, PhD, MBA, CMgr, Associate Dean, New South Wales, Australia led this informative…

Pakistan ranks at 8th place in the list of countries having high rate of kidney diseases. Millions of people in Pakistan are suffering from nephrological conditions, lower income groups make…