As per NFDC data, Urea offtake for March 2020 clocked in at 303k tons, down 34% mom and 26% yoy. On a cumulative basis, Urea offtake decreased by 26% yoy…

In the past when an individual behaved erratically and in an unusual way, people pointed straight towards the evil divine spirits that "He is in control of the evil spirits…

Let's talk about something which is most prevailing in South East Asia. There are many social issues revolving in the society, but one social evil in which we are directly…

President Korangi Association of Trade & Industry (KATI) Sheikh Umer Rehan , Senior Vice President Muhammad Ikram Rajput and vice President Syed Wajid Hussain has said that industry could not…

Decision of Baluchistan High Court which to validated the nominations made by former President of FPCCI and nominated vice President Eng. Daro Khan Achakzai for SAARC Chamber of Commerce is…

After starting the week with a rise of 668points, the market remained volatile and surrendered all gains to ongoing uncertainty on account of COVID-19 pandemic and global commodity price volatility.…

As the world moves towards extensive incorporation of technology in everyday activities and processes, the frontiers of financial transactions are the ones evolving the most. Thanks to advancements of digital…

doctHERs, a digital health platform has partnered with the Ministry of Health Services Regulations and Coordination and has launched a digital telemedicine matchmaking platform "Yaran-e-Watan", linking healthcare professionals in the…

Engro Foundation, the social investment arm of Engro Corporation, has signed a three-year Memorandum of Cooperation with the Bill & Melinda Gates Foundation to promote the well-being of vulnerable and…

Infinix a leading smartphone brand have established a niche for themselves with their premium quality smartphones offering a lot more than just a good looking phones. Infinix has now captured…

Maple Leaf Cement (MLCF) has posted 3QFY20 unconsolidated NLAT of PKR1.28bn (LPS: PKR1.17), almost in-line with our estimated loss of PKR1.33bn (LPS: PKR1.21). This takes 9MFY20 LPS to PKR4.38. Despite…

In what can be termed a good omen for agriculture and hydropower generation in Pakistan, the cumulative quantum of water available at present in Mangla, Tarbela and Chashma reservoirs is…

FPCCI's Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said oil prices have receded a…

On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 4.65 billion after taking out PKR 1.03 billion attributable to non-controlling interests for the nine months…

FrieslandCampina Engro Pakistan Limited (FCEPL) announced its results to the Pakistan Stock Exchange on April 22nd, 2020. The Company recorded a 6th consecutive quarter of strong double-digit topline growth and…

PSMC posted 1QCY20 pre-tax loss of PKR1,326 mn (LPS: PKR16.11), doubling from a pre-tax loss of PKR529mn in 1QCY19 and much higher vs. our projected pre-tax loss of PKR664mn (LPS:…

Pakistan Oilfields Limited (POL) announced financial results for 3QFY20 wherein the company posted earnings of PKR5.4bn (EPS: PKR18.95), up 64% YoY and 18% QoQ, exceeding expectations on account of higher…

On the advent of the Holy month of Ramadan, CEO K-Electric, Mr. Moonis Abdullah Alvi, extends his warmest wishes to fellow Muslims in Karachi and the entire country, while highlighting…

DP World PLC handled 17.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2020, with gross container volumes decreasing by 1.7%…

Jazz, Pakistan's largest digital company, will be matching donations by its customers to the Prime Minister's COVID-19 Relief Fund. In the interest of a robust and timely response to the…

Pakistan's premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the quarter ended March 31st, 2020. On March 11, 2020, the World Health Organization (WHO) declared COVID-19 a…

The total liquid foreign reserves held by the country stood at US$ 17,300.3 million on 17-April-2020. The break-up of the foreign reserves position is as under:- Foreign reserves held by…

Engro Corporation Limited (ENGRO) announced its result for 1QCY20 wherein the company reported a profit after tax of PKR5.9bn (EPS: PKR 5.76) compared to PKR8.4bn (EPS: PKR 6.09) in the…

Referring to a notification issued by Directorate General of Trade Organizations (DGTO), the spokesman of Karachi Chamber of Commerce & Industry (KCCI) has informed that the last date for renewal…