As per provisional fertilizer offtake data for the month of Jan'22, urea offtake declined by 12% YoY to 574k tons compared to 649k tons in SPLY. Offtake of FFC and…

CPHL plans to increase its production capacity for its bestselling API – Paracetamol from 3,600 tons pa to 6,000 tons pa. Paracetamol contributes c.45-50% to total revenue, with utilization levels…

The market is in a consolidation mode after successful IMF review and offers attractive valuations here. On the political front, the US emphasized its strategic partnership with Pakistan, clarifying Pakistan…

Amreli Steels Limited (ASTL) announced its 2QFY22 financial result today where the company posted a profit after tax (PAT) of PKR 602mn (EPS: PKR 2.03) compared to PKR 312mn (EPS:…

To recognize the commitment in improving the lives and livelihood of women through technology, the Overseas Investors Chamber of Commerce and Industry (OICCI) awarded Jazz with the 'Driving Change Beyond…

The total liquid foreign reserves held by the country stood at US$ 22,084.5 million as of 28-January-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…

As a trendsetting brand, realme has gained huge popularity after the launch of its 5G flagship killer – realme GT Master Edition. The youth's favourite realme GT Master Edition is…

In response to concerns expressed by President KCCI Muhammad Idrees over strategies being pursued for implementation of Point of Sale (POS) system, Chief Commissioner, Regional Tax Office Tariq Mustafa Khan…

The Karachi Port Trust handled 185,095 tons of cargo comprising 117,167 Tones of import cargo and 67,928 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

Overseas Investors Chamber of Commerce and Industry (OICCI) has honored Mobilink Microfinance Bank Ltd. (MMBL), Pakistan's largest digital bank, with their prestigious Gender Balance Workforce Award at the 4th edition…

State Bank of Pakistan has issued instructions that will enable Person-to-Person (P2P) fund transfers in the country through Raast, Pakistan's Instant Payment System developed by the State Bank. Raast—an Urdu…

Bank Alfalah Limited (BAFL) announced its financial result for the year ended December 31, 2021, where the Bank posted profit after tax of PKR 14.217 bn (EPS PKR 8.00) for…

Mr Ghias Khan, President & Chief Executive Officer, Engro Corporation Limited has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2022 term. This…

Nestlé Pakistan was recognised in the category of Leadership & Strategy at the Overseas Investors Chamber of Commerce and Industry Women Empowerment Awards 2021, held in Karachi. The acknowledgement reaffirms…

As part of the PKR 1 billion Hussain Dawood Pledge, Engro Foundation – the social investment arm of Engro Corporation - has committed financial assistance to Patients' Aid Foundation, JPMC,…

· Index opened on a positive note as the International Monetary Fund (IMF)'s Executive Board approved the loan tranche of $1 billion of its $6 billion Extended Fund Facility (EFF)…

Minister of Local Government Sindh Nasir Hussain Shah inaugurated the first community park of Korangi Association of Trade and Industry (KATI) and GFS Builders and Developers in Korangi. Talking to…

The Overseas Investors Chamber of Commerce and Industry (OICCI) members, comprising of top 200 foreign investors, recognize the growing importance of women towards creating an enabling environment necessary to accelerate…

Identifying the enormous untapped potential of Afghanistan's Hajigak Iron Mines, Mian Nasser Hyatt Maggo, President FPCCI, has proposed to the Government of Pakistan to engage in the required commissioning of…

· The wait is finally over. IMF program has resumed with the board approving US$1bn tranche, taking cumulative program disbursements to US$3bn (or 50.0% of the total program disbursements). ·…

Pakistani telecom company, Ufone 4G has provided its flagship Wifi internet device; 'Blaze' to each participant of the Khyber Pakhtunkhwa Women Civic Internship Program, to support their pursuit for personal and professional…

ILMA University organized ILMA Tech Gala 2022 at Main Campus to showcase Final Year Projects of undergraduates on fourth industrial wave tech and on ecosystem development initiatives. The Chief Guest…

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 Wednesday said as per the…

Cement dispatches declined by16.58 percent in January2022. Total Cement dispatches during January2022were 3.95 million tons against 4.73 Million Tons dispatched during the same month of last fiscal year. According to…

BankIslami, Pakistan's first scheduled and leading Islamic finance institution, celebrated the start of PSL 2022 and its Platinum Sponsorship for the Karachi Kings franchise with a bike rally titled 'The…