President Korangi Association of Trade. & Industry Sheikh Umer Rehan urged K-electric to end unannounced load shedding of electricity in industrial areas as the interruption of power supply causes drastic…
1. At its meeting on 25th June 2020, the Monetary Policy Committee (MPC) decided to reduce the policy rate by 100 basis points to 7 percent. This decision reflected the…
Committed to its mission of providing quality healthcare for the community at large, Getz Pharma has launched a "Care for Heroes" initiative to safeguard the healthcare providers of Pakistan who…
Patron in Chief of Korangi Association of Trade & Industry (KATI) SM Muneer and President Sheikh Umer Rehan expressed condolences over demise of prominent educationist, former bureaucrat, Scholar, Founding Vice…
Covid-19 Pandemic has adversely impacted the lives of many across the world. During this difficult time, METRO Pakistan in collaboration with Unilever Pakistan distributed meal boxes to the frontline warriors,…
Market traded in a narrow range between +108pts and -115pts, closing the session -18pts. Activity remained dull throughout the session, primarily due to absence of a strong trigger ahead. During…
The Federation of Pakistan Chambers of Commerce and Industry president Mian Anjum Nisar has urged the government to control surge of dollar against Pakistani currency, as the rupee has dropped…
ACCA (the Association of Chartered Certified Accountants) organised a mega Virtual Careers Fair for the business & finance students and professionals in Pakistan. Featuring country's over 60 top employers, the…
Elengy Terminal Pakistan Limited (ETPL), a joint venture between, Vopak LNG Holding B.V. and Engro Corporation ("Shareholders") intends to design, build, own and operate a multi-functional onshore Liquefied Natural Gas…
BankIslami announced the opening of its new branch in Sanjavi Balochistan. To commemorate the new location, higher officials from Balochistan and Burhan Hafeez, General Manager – South, BankIslami joined, at…
Pak-Qatar General Takaful, a leading provider of non-life Takaful services in Pakistan announced today that it will be offering exclusive discount on vehicle coverage to Frontline heroes (Health workers &…
Being a frontrunner in digitalisation and fully committed to agility, flexibility and mobility as part of its culture, Telenor Pakistan has taken an industry first initiative to launch its flagship…
To prepare and implement a roadmap to ensure sustainable market‐led financing of housing projects and mortgages in order to promote the development of housing and construction industry in the country,…
As per NFDC data, Urea offtake during May 2020 clocked in at c.240k tons, down 60% yoy (-1% mom). On a cumulative basis, total Urea offtake fell 33% yoy to…
A memorial fund has been established by the family of the deceased ZainPolani and his wife Sarah Polani, who along with their three children, lost their life in the tragic…
Huawei held its Global FSI Summit 2020 (online overseas part) with the theme of "Thrive Digitally in a Mobile Future." Financial institutions and enterprises were invited to share their experience…
Transfast, a leading cross-border payments service provider with presence in over 140 countries, has partnered with Habib Bank Limited (HBL), the largest commercial bank with over 1700 branches in Pakistan,…
Lucky Cement Limited joined hands with the Prime Minister's Ehsaas Emergency Rashan Programme/Scheme to provide ration to those affected by the COVID-19 outbreak across Pakistan. In this regard, a MoU…
As the Government of Pakistan continues to assist beneficiaries across the country under the Ehsaas Emergency Cash Disbursement Programme 2020, Bank Alfalah has introduced an innovative solution to cater to…
Market followed the momentum made yesterday and increased another 335pts during the session, closing +309pts (unadjusted). Traded volume remained thin as have been the case in the past couple of…
The COVID-19 pandemic is unravelling decades of health, education and other advances for children across South Asia, and governments must take urgent action to prevent millions of families from slipping…
TPL Insurance Ltd, the insurance arm of TPL Corp and Pakistan's first direct insurance company, has signed a Letter of Interest (LOI) with DEG, Deutsche Investitions- und Entwicklungsgesellschaft mbH ("DEG"),…
President of Korangi Association of Trade & Industry (KATI) Sheikh Umer Rehan has urged the government to remove the anomalies and concerns of automotive sector regarding finance bill 2020, as…
Jazz, Pakistan's leading digital communications company has further cemented its position as the undisputed telecom industry leader with a massive on-net family of more than 62 million subscribers including 18.2…
Naya Nazimabad, carrying on its commitment to give back to Karachi's progressive middle class is preparing for the forthcoming inauguration of Ali Habib Medical Centre. The center is a not-for-profit…