As per provisional data, overall OMC sales in May 2021 have remained flat mom at c.1.69mn tons (up 14% yoy though partly distorted by lockdowns last year). The sequentially flattening…
· Market traded range bound today, oscillating between +95pts and -231pts and closed the session -69pts (unadjusted). E&P, Cement, Banks and Fertilizer sector stocks saw profit booking with the exception…
Wateen Telecom, a leading ICT company with a fiber infrastructure across 250 cities in Pakistan, has signed an agreement with Huawei Pakistan to modernize its countrywide data transmission network. Wateen…
Mian Nasser Hyatt Maggo, President FPCCI, has expressed his satisfaction on his efforts being fruitful in getting FBR to establish National Single Window for the convenience of Pakistani importers 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 Wednesday said the business community…
In order to provide further support to the development of real estate sector, State Bank of Pakistan (SBP) has amended its capital adequacy regulations by significantly lowering the applicable risk…
Following the announcement of new regulations by the Turkish authorities imposing a quarantine of 14 days on passengers arriving from Pakistan with effect from 1st June, the Pakistan Embassy is…
During the month of May'21, data for provisional fertilizer offtake show that urea offtake portrayed a significant growth of 109% YoY to 502k tons against 240k tons in SPLY given…
President Karachi Chamber of Commerce & Industry M. Shariq Vohra presenting crest to President Pakistan Association of Press Photographers (PAPP) Muhammad Jamil, who led PAAP delegation during its visit to…
ESPL, one of the world's largest esports firms, has partnered with REDtone Digital Services (RDS), to bring electronic gaming to Pakistan. By focusing on grassroots tournaments, they will be bringing…
Mian Nasser Hyatt Maggo, President FPCCI, has assured his full support to real estate and construction industry of Pakistan. He maintained that the construction industry generates the maximum number of…
Market remained upbeat today in anticipation of budgetary measures, which was further supported by an uptick in international crude prices courtesy of Brent that crossed US$ 70/bbl. The index added…
The School Education and Literacy Department (SELD) has launched an initiative in partnership with Noon, the leading global online education provider, to provide comprehensive e-learning courses, that includes the live…
Broadband and connectivity are becoming engines of economic growth in Pakistan as already proven in other parts of the world. The theme emerged from the online seminar on Urban Connectivity…
The Karachi Port Trust handled 144,482 tons of cargo comprising 59,973 Tones of import cargo and 84,509 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Indus Motor Company (IMC), launched the much awaited Toyota Fortuner model lineup which has been given a fresh look. Toyota Dealers across the country are now booking orders from customers…
Meezan Bank, Pakistan's Premier Islamic bank has been presented the certificate of approved 'Training Organization Outside Practice' (TOoP) by Institute of Chartered Accountants of Pakistan (ICAP); making it the first…
Engro Corporation has signed a Memorandum of Collaboration with the Punjab Skill Development Fund (PSDF) to develop a skilling program for the role of Crop Advisors, under Parwaaz' s Agriculture…
For the month of May'21, headline inflation as measured by CPI clocked-in at 10.87% YoY, taking the 11MFY21 average inflation to 8.83% YoY compared to 8.22% in May'20 and 11.10%…
AAA Associates organized Nine holes Night Golf Match in collaboration with Garden City Golf and Country Club, Bahria Town. The successful event was attended by the notables from Military and…
Likee continues to evolve to become one of the quickest-growing short-video apps of the region, with over 150 million monthly active users worldwide. Likee's most viral video content includes music…
Stocks marched past the 47,000 level after a 4-year period this month to close at 47,896 points, up by 8.2% / 3,634 points. Initial exuberance at the local equity bourse…
In order to control spread of Corona, National Highway Authority has undertaken measures for injecting vaccine to its employees and their families. To this effect, about 100 employees and their…
Ilma University showed the ropes to the candidates in the interview in its latest webinar on How to Prepare for a Job Interview. This was led by the expert HR…
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 coronavirus restrictions have…