PPL clinches Corporate Philanthropy Award
Pakistan Petroleum Limited (PPL) has once again been adjudged as one of the largest corporate givers by volume of donations for 2020-21 and 2021-22 by Pakistan Centre for Philanthropy (PCP).…
Sightsavers calling for inclusive and accessible healthcare for all, especially women with disabilities
To enable women to access the adequate healthcare and enjoy meaningful participation in the society, international development organisation Sightsavers is calling for all health services to be inclusive and accessible…
Nestlé Pakistan collaborates with Ufone 4G BPO Operations to establish advanced customer service solution.
Nestlé Pakistan Limited, a leading global food and beverage company, has collaborated with Pakistani telecom services provider, Ufone 4G's Business Process Outsourcing Operations (BPO Operations) arm to establish a state-of-the-art…
DeafTawk and Kingfisher partner to promote digital inclusion for Marginalized Deaf Community in Pakistan
DeafTawk, a startup scaled under Pakistan's premier accelerator program Jazz xlr8, dedicated to improving the lives of deaf individuals, has partnered with Kingfisher, a next-gen mobile experience (MX) company, to…
Two-day U.S.-Pakistan counterterrorism dialogue concludes in Islamabad.
Senior officials of the United States and their Pakistani counterparts opened the Pakistan-U.S. Counterterrorism Dialogue on March 6 at the Pakistan Ministry of Foreign Affairs in Islamabad. The two-day policy-focused…
A brief note on fertiliser sales in Jan 23
· Urea sales for Jan'23 clocked in at 631.3k MT, down by 24%MoM as the Rabi sowing season draws to a close. On the flipside, urea offtakes have increased by…
Zonergy Corporation displayed its smart energy solution at Solartech Indonesia 2023
Zonergy Corporation showcases its smart Energy Solutions in Indonesia's most renowned International Solar Energy Exhibition (Solartech Indonesia 2023)held at Jakarta Convention and Exhibition Center, Indonesia. Zonergy Corporation made its debut…
18th My Karachi Exhibition concludes with presentation of Rs5 million cheque for earthquake affectees in Türkiye
The 18th My Karachi – Oasis of Harmony International Exhibition concluded successfully here at the Expo Center with presentation of cheque worth Rs5 million to support the affectees of devastating earthquake…
Engro hosts the 2nd edition of talks@engro on IWD focusing on “Embracing Equity”.
As a homegrown Company with a legacy of nearly six decades, Engro is committed to fulfilling its undeniable responsibility to help unleash Pakistan's potential. The second talks@engro event was held to mark the…
A positive session was witnessed at the PSX today.
· To begin the business week, a positive session was witnessed at the PSX today. The market started rising shortly after the opening bell rung owing to expectations of reaching a…
Agri connections opens on March 16
Pakistan's first 'Agri-Connections Event 2023' will be held on March 16th in Karachi organized by the Pakistan Agricultural Coalition (PAC) aimed at connecting Pakistan's agriculture to industry, finance, government, and the…
leather industry urges the government to expedite the refund of sales tax
The Chairman of the Pakistan Tanners Association, Mr Muhammad Mehr Ali, has urged the government to release due Sales Tax Refund Claims, which are in Million pending with the Sales…
Cement despatches declined by 7.10% during Feb 2023: APCMA
Cement despatches declined by 7.10% in Feb 2023. Total Cement despatches during Feb 2023 were 4.040 million tons against 4.348 million Tons despatched during the same month of last fiscal…
Stocks that contributed significantly to the volumes are BIPL, WTL, OGDC, BOP and PPL, today
· Today, the Bulls prevailed at the PSX. The session began in the negative zone, but bulls quickly turned the tide, with the index reaching an intraday high of 688.23 points.…
Pakistan invites the organiser of the Lineapelle Fair to participate in the PMLS 24.
According to Pakistan Tanners Association (PTA), an important meeting with the organiser of the Lineapelle Fair was held in Milan, Italy, on the 2nd day for bilateral participation of both…
Petroleum sales declined 16% MoM in Feb-2023
Pakistan oil sales in Feb-2023 decreased by 16% MoM to ~1.22mn tons mainly due to 1) seasonal trend of slowdown in February, 2) higher prices of MS, HSD and 3)…
A positive session was witnessed at PSX today
· A positive session was witnessed at PSX today. The benchmark KSE-100 index opened in the green as the bulls kept drifting the market within positive zone during most of the…
A joint seminar of SMEDA and BIPP recommends revising the fiscal system.
Dr Shahid Javed Burki, World renowned political economist and former finance minister, has emphasised enhancing the ratio of domestic savings, tax collection and investments in the SME sector for sustainable…
Pakistan is mulling over the carriage of the good act by sea1924 and getting replaced bill of lading act 1856
By Capt. Asim Iqbal Ministry of Maritime Affairs, Govt of Pakistan is contemplating fine-tuning the bill duly amended by the protocol of carriage of goods by sea act bill and…
Feb’23 CPI: Inflation keeps rising
· Headline inflation for the month of Feb'23 clocked in at 31.5%YoY, taking the 8MFY23 average inflation to 26.2%. On a MoM basis, the inflation was recorded at 4.3%MoM—the highest monthly…
Nepra conducts a public hearing on KE’s Investment Plan 2023-2030
The National Electric Power Regulatory Authority (NEPRA) conducted a public hearing today on KE's 7-year investment plan in transmission and distribution. The hearing was held in Islamabad with many attendees…
PSX February performance review by experts.
The KSE-100 index closed flat this month at 40,510 points, down by 163pts / 0.4% MoM. With the SBP reserves continuing to show weakness, the Pak Rupee touched its all-time…
Another range-bound session was recorded at the PSX today.
· Another range-bound session was recorded at the PSX today. The market started in the negative zone and continued to trade in the negative territory for the majority of the trading…
NCL company posted a Loss of PkR1.7bn
Nishat Chunian Limited (NCL) posted its 2QFY23 financial result earlier today, wherein the company posted a Loss of PkR1.7bn (LPS: PkR7.1)—substantially lower than our estimates of a loss of PkR0.19/sh.…
POL posted Profit After Tax (PAT) of PkR 5.95bn
Pakistan Oilfields Ltd (POL) reported its 2QFY23 earnings earlier today, wherein the company posted Profit After Tax (PAT) of PkR 5.95bn (EPS: PkR20.97) for the quarter, lower by 29%QoQ—lower than…