The total liquid foreign reserves held by the country stood at US$ 20,434.6 million on 19-March-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…

The Karachi Port Trust handled 141,205 tons of cargo comprising 98,966 Tones of import cargo and 42,239 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

In its effort to promote low cost and affordable home ownership among low to middle-income groups, the Government of Pakistan (GoP) has revised its markup subsidy scheme of housing finance…

Infinix, the most premium smartphone brand in Pakistan, has joined hands with Pakistan's Largest Data Network, Zong 4G, to bring exciting Data Bundle offers for Infinix users in the country.…

· Market responded positively to IMF's disbursement of 3rd tranche of US$ 500M and added a total of 456pts during the session and ended the session +102pts (unadjusted). Although, Banks,…

On the occasion of World Water Day, the President Federation of Pakistan Chamber of Commerce & Industries Mian Nasser Hyatt Maggo inaugurated one of the Water Filtration Plants donated by…

After taking the cake market by storm with the launch, 'Cake Up', Pakistan leading biscuit manufacturer, EBM - Makers of Peek Freans - has now introduced the Peek Freans Smile…

In line with its strategy to reinforce the role of nutrition in fostering a healthy living, Abbott has supported a report developed by the Economist Intelligence Unit on the state…

Careem, the Super App for the greater Middle East and Pakistan, has entered into a strategic partnership with Pakistan Telecommunication Company Ltd. (PTCL) to facilitate the latter's employees with cost-effective…

Pakistan's leading connectivity provider, Zong 4G, organized a yoga and laughter therapy session for the special schoolchildren at Kingston School for Special Education, Abbottabad to rejuvenate the spirits amid the…

The Petroleum Division has reportedly drafted a new policy for the Refining sector in Pakistan, with the aim to foster investment in both new refineries and up-gradation projects by the…

Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday supported the decision…

President Karachi Chamber of Commerce & Industry (KCCI) Shariq Vohra, Consul General of Thailand Thatree Chuavachata, President Site Association of Industry Abdul Hadi, SSP City Sarfraz Sheikh and others are…

Quaid e Azam Mohammad Ali Jinnah was a multi-dimensional personality and even after 73 years of his death, fresh research provides new angles to see his magnificent personality. This was…

Meezan Bank, Pakistan's first and the largest Islamic bank has been recognized with the 'Employer of the Year' Diamond Award in the category of 'Large National Companies' by Employers' Federation…

Patron-in-Chief of Korangi Association of Trade & Industry (KATI) SM Muneer and President KATI Saleem-uz-Zaman emphasized on economic and trade centric diplomacy to enhance the exports. SM Muneer lauded PM…

The Karachi Port Trust handled 281,838 tons of cargo comprising 200,443 Tones of import cargo and 81,395 Tons of export cargo during last 48 Hrs ending at 0700 Hours. TOTAL…

In an industry first, Bank Alfalah has partnered with Goldfin – a leading gold financing company – to introduce a new financing option for its Small and Medium Enterprise (SME)…

Market traded range bound today, oscillating between -148pts and +186pts, closing the session +186pts (unadjusted). E&P sector, that led the Index the other day remained negative throughout the session on…

The United States Mission to Pakistan, in cooperation with the Government of Pakistan, presented a new records management system to digitize more than four million records for the Drug Regulatory…

Mian Nasser Hyatt Maggo, President and Mr. Nasir Khan Vice President of the Federation of Pakistan Chambers of Commerce and Industry appreciated the FBR for its efforts to improve ease…

A memorandum of understanding (MoU) has been signed between ACCA (the Association of Chartered Certified Accountants) and the Institute of Financial Markets of Pakistan (IFMP). Both the organisations have decided…

As per SBP data, Pakistan's current account balance in February 2021 is a deficit of US$50mn, compared with a deficit of US$210mn in the previous month (down 75% yoy). This…

The overall assets and deposits of the Islamic banking industry have shown tremendous growth of 30 percent and 27.8 percent, respectively, during CY2020. This is the highest increase in assets…

As part of continued efforts to strengthen network reliability and add rain mitigation measures to critical power infrastructure, K-Electric (KE) on Thursday inaugurated its first elevated substation. This substation elevation, rebuilt…