Banking sector deposits underwent a healthy 16.8% YoY increase in Jan-22 to close at PKR 19.9Trn. However, on a sequential basis, there was a decline to the tune of 4.9%…

In partnership with the provincial government, ChildLife Foundation has successfully covered every district in Balochistan through its Emergency Room and Telemedicine Satellite Centers. According to a statement issued by ChildLife…

Advisor to the Prime Minister on Trade and Investment Abdul Razak Dawood, Federal Secretary Commerce Muhammad Saleh Ahmad Farooqi and Chairman State Life Insurance Corporation of Pakistan (SLIC) Shoaib J…

Mr. Irfan Iqbal Sheikh has been unanimously announced as the Chairman of the Management Committee of FPCCI by its Executive Committee. It has extended its full support and expressed their…

Car sales, as reported by PAMA, declined by 25% MoM in Jan-2022 to 20,610 units. The decline in car sales are attributable to 1) supply constraints 2) price hike and…

The market commenced the week on a positive note as the IMF Board approved the USD 1bn disbursement. Additionally, the Economic Coordination Committee (ECC) approved the much awaited Textile Policy…

· Market stayed range-bound today as sustainability concerns arise over psychological level of 46,000. Cement sector stayed under pressure due to higher international coal prices. PSO stayed under pressure due…

The country's largest energy company, Pakistan State Oil (PSO) continues to gain momentum and outperform the industry reporting the highest ever half year gross revenue of PKR 1.12 trillion and…

The Lahore University of Management Sciences (LUMS) in collaboration with the Embassy of France in Pakistan, recently organized a philosophical conversation titled 'Pursuing Humanity: The Affinity in the Ideas of…

During the first 7 months of FY22, remittances have risen to a record $18 billion, 9.1% higher than the same period last year. At $ 2.14 billion in January 2022,…

The country's leading telecom and ICT services provider, Pakistan Telecommunication Company Limited (PTCL), posted 7% growth in its revenues, owing to a robust commercial strategy that cements its market standing.…

His Royal Highness, The Prince of Wales, Royal Founding Patron of the British Asian Trust, accompanied by Her Royal Highness, The Duchess of Cornwall, attended the British Asian Trust's Annual…

realme is known for sitting on the cutting edge of the tech world, constantly introducing high-end premium features in highly economical price segments for its line of smartphones. This commitment…

A memorandum of understanding was signed between Korangi Association of Trade and Industry (KATI) and Sir Syed University of Engineering and Technology (SSUET) to enhance the skills of youth as…

Mr. Shaukat Fayaz Ahmed Tarin, Federal Minister for Finance and Revenue will be the Chief Guest at Kamyab Jawan Convention being organized by Karachi Chamber in collaboration with Ministry of Youth…

Leading food brand, Shan Foods, has joined hands with The Citizens Foundation, a charitable organization working to provide quality education for the deserving and less privileged children, to support the…

The Karachi Port Trust handled 115,334 tons of cargo comprising 85,770 Tones of import cargo and 29,564 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance and Former Provincial Minister Mian Zahid Hussain on Friday said a new wheat…

· TRG Pakistan (TRG) conducted its corporate briefing yesterday where among major things, management stated that Afiniti's IPO is not in plans for near future. Regarding share buyback, SPV has…

Pakistan State Oil Company Limited (PSO) announced its financial result for 2QFY22 whereby the company declared a Profit after tax (PAT) of PKR 20.2bn (EPS: PKR 43.02) against PKR 4.4bn…

In response to concerns expressed by President KCCI Muhammad Idrees over dilapidated infrastructure, rising streets crimes and other civic issues, Commissioner Karachi Muhammad Iqbal Memon announced formation of a committee…

·      Market remained dull today as sustainability concerns arise over physiological level of 46,000. Cement sector stayed under pressure due to higher international coal prices. In the fertilizer sector, EFERT remained…

The total liquid foreign reserves held by the country stood at US$ 23,720.9 million as of 04-February-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…

Bank Al Habib Limited (BAHL) announced its 4QCY21 results posting earnings of PKR 4.8Bn (EPS: PKR4.3), ↑2/↓2% YoY/QoQ respectively pulling CY21 earnings to PKR 16.8/sh (↑5% YoY). Along with the…

Pakistan's largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has become the first microfinance institution to secure membership of the Employers Federation of Pakistan (EFP), an apex body of employers…