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…
· Bullish momentum was witnessed today due to uplifted optimism towards IMF announcement. The International Monetary Fund's Executive Board will take the sixth review of the $6 billion Extended Fund Facility…
Easypaisa, the country's leading digital payments platform has recently partnered with GrocerApp to provide its users with a unique in-app grocery-buying experience. The partnership was finalized by the CEO GrocerApp,…
The Karachi Port Trust handled 163,798 tons of cargo comprising 112,827 Tones of import cargo and 50,971 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Securities & Exchange Commission of Pakistan grants Certificate of Registration to Pak-Qatar Family Takaful Limited (PQFTL) as Pension Fund Manager. PQFTL being the pioneer and leading Family Takaful Operator in…
Pakistan oil sales in Jan-2022 increased by 19% YoY primarily driven by High Speed Diesel (HSD) demand which improves by 36% YoY. Excluding FO, same are expected to up by…
All eyes on IMF sixth review due today for the revival of US$6bn Extended Fund Facility where Pakistan have already met all the pre-conditions for the revival of the program.…
· COVID-induced global shortage of semiconductors has kept the automotive supply chain disrupted, leading to global and local OEMs curtailing their production. · Even though the expected surge in demand…
Chief Commissioner Inland Revenue (IR) Corporate Tax Office (CTO) Dr. Aftab Imam has informed that in order to quickly process the Sales Tax Returns being submitted in huge quantities every…
Boskalis has successfully salvaged the rudderless cargo vessel Julietta D off the Dutch coast. The vessel ran into trouble during yesterday's Storm Corrie. The Julietta D was anchored off the…
An agreement was signed between Pakistan Institute of Medical Sciences (PIMS) and ChildLife Fouandation to establish a state-of-the-art children's Emergency Room (ER). This ER will provide world-class emergency care to…
Korangi Association of Trade and Industry (KATI) President Salman Aslam has welcomed Prime Minister Imran Khan's rejection of OGRA's summary of the increase in prices of petroleum products. He said…
· Bullish momentum was witnessed today due to uplifted optimism towards upcoming corporate results and IMF announcement. Market opened on a positive note and stayed in the green zone throughout the…
Philip Morris (Pakistan) Limited (PMPKL), along with Philip Morris International (PMI), celebrated the 10-year anniversary of the Agricultural Labor Practices program ("ALP") that has been in place for a decade…
Taking another leap towards fulfilling the Digital Pakistan ambition, Ministry of Federal Education and Professional Training has signed a memorandum of understanding (MOU) with Telenor Pakistan to pilot Taleemabad in…
The British Asian Trust announced the appointment of Mian Mohammad Mansha as the Chair of their Advisory Council in Pakistan. He joins Sayed Zulfikar Bukhari (Chairman of National Tourism Coordination…
We preview 4QCY21 results of our favored plays (HBL, MEBL & BAFL) in the BMA Banking Universe where we expect profitability to sum up to PKR 19.0Bn (↑59.8/↓2.5% YoY/QoQ). The…
Since Covid-19 was a huge layback for Pakistani cinemas, people had been anxiously waiting for fresh movies from the film industry. To fill that gap, K. K. Film Productions has…
Key Takeaways The management of Fauji Fertilizer Bin Qasim Limited (FFBL) held a corporate briefing session on 31st Jan'22 to discuss the CY21 financial result and future outlook. Highlights: To…
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 Monday said a highly flawed economic…
While fervently appealing Prime Minister Imran Khan and his aides to immediately restore gas supply to all industrial zones of Karachi whose gas supply remains suspended for since last more…
Careem, the Super App for the greater Middle East and Pakistan has partnered with National Command and Operations Center (NCOC) to map 600 government vaccination centres on its Super App.…
Gas & Oil Pakistan Limited (GO), Pakistan's fastest growing oil marketing company has announced that it has decided to increase the salaries of its employees by up to 50%.Making the…
· Bulls ruled over the bears today as Pakistan eyes $3b loan from China. Market opened on a positive note and stayed in the green zone throughout the day. Main…