Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) is pleased to announce that Jacek Olczak was appointed Chief Executive Officer following the company's 2021 Annual Shareholders Meeting earlier today.…
Committed to its resolve to support the Sustainable Development Goal 2 - Zero Hunger, Indus Motor Company (IMC) in partnership with the Saylani Welfare International Trust (SWT) distributed Ramadan food…
The shipment between Pakistan and Uzbekistan is the first in Pakistan using the United Nations' multilateral transit system, "Transports Internationaux Routiers." The United States Government, along with the Government of…
To double the joys of Eid and enable Pakistanis in Saudi Arabia to connect seamlessly with the loved ones back at home, the country's top cellular and digital services provider,…
Federation of Pakistan Chambers of Commerce and Industry on Thursday lauded the vision of Federal Minister for Finance and Revenue Shaukat Tarin for economic growth and social prosperity in the…
Mian Nasser Hyatt Maggo, President, The Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has expressed his satisfaction and gratitude on the change in decision on Eid-Ul-Fitr Holidays to…
In order to facilitate the customers during Eid holidays K-Electric has extended the deadline for payments of electricity bills. This extension is applicable on bills with due dates falling between…
Pakistani telecom operator, Ufone has announced free data 'Eidi' on mobile top-ups for its consumers under Eid Recharge Offer. Consumers will receive free data on regular balance recharge of Rs.…
SABAQ, in collaboration with the School Education Literacy Department (SELD), UNICEF, and Malala Fund has successfully deployed its offline version of SELD Learning Application in 67 public schools across three…
Korangi Association of Trade and Industry (KATI) President Saleem-uz-Zaman in a statement issued by the Ministry of Commerce, welcomed the steps taken by the government to open export industries welcomed…
In order to ensure the availability of banking services to trade & industry in particular and public in general during the extended holidays before the forthcoming Eid-ul-Fitr, it has been…
• Pakistan's fiscal balance in the current fiscal year to date has strengthened over prior year, with the deficit arriving at PKR 1.65trn in 9MFY21 (3.6% of GDP) compared to…
Avanceon Limited (AVN) held its corporate briefing session today to brief about the introduce Octopus Digital and outline future strategy. To recall, AVN reported consolidated profitability of PKR 1.0Bn (EPS:…
DP WORLD, a leading global provider of end to end logistics solutions, and the Ministry of Transport, have signed a Memorandum of Understanding (MoU) with the aim of developing the…
Nestlé Pakistan recently published its sustainability report for 2020: 'Nestlé in Society: Creating Shared Value (CSV), highlighting its three main global focus areas: for individuals and families, for communities, and…
After several relentless attempts, the stock market finally closed above the 45k level on the last day of the trading week. The index settled at 45,175 ppt (↑2.1% WoW), having…
The Karachi Port Trust handled 106,961 tons of cargo comprising 69,683 Tones of import cargo and 37,278 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
The total liquid foreign reserves held by the country stood at US$ 22,742.6 million on 30-April-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…
Microsoft has announced that it has added several new features to its 'Teams' designed to support educators and students in creating a holistic learning environment for the next chapter of…
Pakistani telecom operator Ufone, has introduced a new member of the Super Card family, Super Card Max that will cater to growing need of calls, data & connectivity of millions…
President Karachi Chamber of Commerce & Industry (KCCI) Shariq Vohra, while referring to FBR's Letter dated May 6, 2021, stated that the extension in dates of payment and submission of…
Pakistan's largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has registered an extraordinary feat of being the only bank in Pakistan – microfinance or commercial – to secure a 'Positive…
· Market opened on a positive note and after sustaining a short dip of 54pts below LDCP, bounced back, closing the session on a strong note at +300pts (unadjusted). Cement,…
Telecard Limited (TELE) conducted its corporate briefing session today to discuss latest financial result and business outlook. To recall, the company posted consolidated earnings of PKR 141Mn (EPS: PKR 0.47)…
Al-Ghazi Tractors (AGTL) reported 4QCY20 NPAT PKR461mn (EPS: PKR7.95), compared with a net loss of PKR311mn (LPS: PKR5.37) SPLY, while up 2% qoq. This took CY20 NPAT to PKR1.4bn, up…