President Pakistan Stevedores' Conference (G) Ltd, Tariq Haleem, has hailed Mr Mahmood Moulvi as Special Assistant to the Prime Minister of Pakistan Imran Khan, for Ministry of Maritime Affairs, Govt…
The Pakistan Credit Rating Agency Limited (PACRA) has upgraded Jazz's long-term rating to the highest credit quality of 'AA' with a stable outlook. The rating depicts the strong financial depth…
The management of Pakistan Telecommunication Company Limited (PTC) held a corporate briefing session on 27th May'21 to discuss the financial result of CY20 and future outlook. Key Takeaways · To…
As per SBP data, Pakistan's current account balance in April 2021 was a deficit of US$200mn, compared with a deficit of US$33mn in the previous month. This took the C/A…
The total liquid foreign reserves held by the country stood at US$ 23,015.9 million on 21-May-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…
HBL held its inaugural "Investor Day" conference on Zoom, led by the President Mr. Muhammad Aurangzeb alongside senior bank management. Different business areas of the bank were discussed. Key takeaways…
The management of Service Industries Limited held a Corporate Briefing Session today to discuss the company's performance in CY20 and outlook. Highlights: · To recall, the company posted a consolidated…
FFBL posted a NPAT of PKR1.27bn for 1QCY21 (EPS: PKR0.98) – massive improvement vs. a net loss of PKR3.05bn in 1QCY20 (LPS: PKR2.36). On a consolidated basis, FFBL posted net…
• GE and GMIS will collaborate to encourage adoption of three enablers supporting the transformation of manufacturing • GMIS places manufacturing at the heart of international economic regeneration and government…
The Karachi Port Trust handled 95,655 tons of cargo comprising 69,465 Tones of import cargo and 26,190 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Easypaisa, Pakistan's leading digital payments platform, has once again been at the forefront of empowering a shift towards digital payments. The platform facilitated 97,000 transactions amounting to PKR 23 million…
· MSCI rebalancing created excitement today in the market with heavy flows in OGDC, LUCK and TRG which were the key subjects in the changes announced earlier during the month.…
Bestway Cement Limited has informed Pakistan Stock Exchange (PSX) on May 27 that because of the increasing demand for cement in the country, the Company has decided to set up…
Korangi Association of Trade and Industry (KATI) Patron-in-Chief SM Muneer and President Saleem-uz-Zaman welcomed the announcement of Prime Minister Imran Khan's youth employment program, saying it was an important initiative…
Recognizing Karachi's industries as the backbone of the nation's economy, KE reiterated its commitment to the prosperity of the city and assured its customers that it is working untiringly towards…
Engro Polymer and Chemicals Limited (EPCL) plans to establish a Circular Plastics Institute (CPI), a not-for-profit thinktank, to promote research and development in Pakistan's circular plastics economy. Pakistan faces the…
FPCCI and Customs Department have agreed in principle to form an advisory committee to resolve issues pertaining to valuation through consultation. DG Customs Valuation Ms. Shahnaz Maqbool in a meeting…
Accountants need to maintain fraud vigilance as pressure on clients could drive more criminal behaviour Finance professionals should consider digital tools as well as trusting their intuition Accountants need to…
Universal Network Systems partners is the first courier & logistics service company in Pakistan that has collaborated with a leading lending and financial services institution, Finja Lending Services Limited (FLSL),…
Leyjao.pk has captured the hearts of millions of Pakistani beauty shoppers ever since it upped its beauty offerings in 2020. Beauty and apparel are the two categories of the shopping…
Every summer deserves the perfect soundtrack - so while we're hoping this year is much more Summertime Magic and less Summertime Sadness, Spotify Premium's latest offer is here to make…
Yet, another milestone achieved by ILMA University as it unveiled the latest in technology in its recent virtual conference. The University which has been crowned number one in Sindh by…
The Karachi Port Trust handled 80,191 tons of cargo comprising 61,641 Tones of import cargo and 18,550 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
In order to facilitate the startup companies in raising financing from abroad, State Bank of Pakistan has allowed them to avail loans as "Convertible Debt". Convertible debt is a type…
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 lauded the move of…