In a very encouraging development for the debt market of Pakistan, an innovative, new debt instrument has been issued and listed on Pakistan Stock Exchange (PSX) by Bank Alfalah (BAFL).…
Continuing to serve its customers better in the underserved areas, Pakistan's digital frontrunner, Zong 4G, has introduced a special offer for Nowshera. The offer speaks volumes of Zong's proactive customer-centric…
The cement demand in Pakistan is expected to continue its growth momentum in Jan'21 led by upbeat construction activities from the private sector; and govt. support packages (construction package &…
President of Korangi Association of Trade & Industry (KATI) Saleem-uz-Zaman has urged a strong liaison between industry, research and technical training entities. He was addressing a joint awareness session for…
The total liquid foreign reserves held by the country stood at US$ 20,106.5 million on 22-January-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…
· After posting a high of 46,645 during the session (+187pts), market saw profit booking again, which brought the Index down by 347pts, closing the session -269pts (unadjusted). Cement and…
DP World and UNICEF have announced a wide-ranging partnership to support the global distribution of COVID-19 vaccines and related immunisation supplies in low- and lower-middle-income countries. The new partnership -…
· Key decisions to be taken at today's ECC Meeting kept the interest alive at the bourse with PSO contributing positively to the index, supported by a surge in Cement sector…
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 said the gas…
As per NFDC data, Urea offtake during December 2020 clocked in at c.881k tons, up 65% mom and down 35% yoy. The mom increase was due to better farm economics…
The British Council and DEMO have announced the opening of applications for the Creative Communities Empowerment programmes – DICE Creative Hubs. Under the British Council's Developing Inclusive and Creative Economies…
Aggressive branch expansion where the bank has opened 86 new branches (total branches: 804) since the start of CY20 has enabled BAHL to post unbeatable deposit growth rate of 26.3%…
Three leading institutions in the UAE today announced they have joined the World Logistics Passport (WLP), a major initiative established to increase trading opportunities between developing markets. The WLP is…
United Business Group's Patron in Chief and former President FPCCISM Muneer has expressed hope that Pakistan's exports will increase significantly in the next six months. Domestic and the economy will improve…
Stop Illegal Trade (SIT) Pakistan has expressed concerns over the misreporting of facts regarding tobacco sector. "Distorted facts are misleading for policy makers and encouraging illicit trade of cigarettes in…
K-Electric (KE), Pakistan's only vertically integrated power utility, has joined hands with Avanza Solutions, one of the leading Fintech organizations across the globe, to implement Real Time Payment System (RTPS).…
South Asia showed a marked improvement in confidence and orders in Q4, after exceptionally weak Q3 survey results Accountants and finance professional experts say economic confidence in Q4 2020 stalled…
The Universal Service Fund (USF) awarded contract worth approximately PKR 254 Million to Jazz for providing High Speed Mobile Broadband services in rural and remote areas of Punjab. Federal Minister…
· Market continued the buoyant mood with an increase of 310pts during the session, and ending +200pts (unadjusted). Cement sector performed well today on the back of an expectation of…
To recognize the contribution in promoting Gender Equality in Pakistan, Overseas Investors Chamber of Commerce and Industry (OICCI) recently awarded P&G Pakistan with the title of Champion of 2020 at…
Furthering the vision of the Government of Pakistan & the State Bank of Pakistan to facilitate the construction and housing sector, Bank Alfalah and Zameen.com signed a Memorandum of Understanding…
Carrefour, owned and operated by Majid Al Futtaim in Pakistan is celebrating its 2021 'Citrus Festival'. Carrefour stores across the country are offering unbeatable value for citrus lovers who can…
Consul General of Turkey Tolga Ucak has said that as the coronavirus situation was likely to improve after April 2021 therefore, the Karachi Chamber's business community should immediately start online…
Pak-Qatar Family Takaful Limited (PQFTL) recently opened its new branch in Gulshan-e-Jamal, Karachi. The new branch was inaugurated by senior members of the regional team. This new branch will create…
Pakistan Boxing Federation (PBF) has successfully concluded its quadrennial electoral process for the next term 2021 – 2025. The members of the General Council have unanimously elected Lt. Gen (R)…