Pakistan Auto industry sales maintained the strong growth momentum in October 2021, rising a staggering c.50% yoy to c.21,000 units (albeit down c.5% mom), on account of robust demand for…
The management of Interloop Limited (ILP) held a corporate briefing session today to discuss the 1QFY22 financial results and the future outlook on the company's strategy going forward. Brief Takeaway…
The Overseas Investors Chamber of Commerce and Industry (OICCI), the collective voice of top foreign investors in Pakistan has proposed liberalization and transformation of the monopolistic power market into a…
AlfaMall is Bank Alfalah's revolutionary e-marketplace for merchants and customers, that is aimed at 'Building Trust' amongst them through a wide range of benefits. Taking a substantial stride in this…
Central Chairman of Pakistan Yarn Merchants Association (PYMA) Saqib Naseem has stressed that the existing custom duty of 11 percent on polyester yarn has to be brought down to 7…
· Market opened on a positive note but remained dull in the first half session of the market. Concerns on inflation and weakening of Pak Rupee against dollar created uncertainly for…
Nestlé Pakistan and University of Agriculture Faisalabad signed a Memorandum of Understanding, pledging to work towards agriculture research and development projects geared to address the challenges of climate change and…
The total liquid foreign reserves held by the country stood at US$ 24,025.5 million on 05-November-2021. The break-up of the foreign reserves position is as under:- Foreign reserves held by…
Governor Sate Bank of Pakistan (SBP), Dr. Reza Baqir, met the Governors of Saudi Central Bank (SCB) and Bank Indonesia (BI) today on the side lines of the 15th Islamic…
The Karachi Port Trust handled 139,823 tons of cargo comprising 103,985 Tones of import cargo and 35,838 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Shan Shares, a CSR entity of Shan Foods, has signed an MoU with Saylani Welfare International Trust (SWIT), a non-government organization focusing primarily on feeding the poor and homeless, to…
Waada and Zong 4G have officially joined hands as partners to distribute micro-insurance services to the masses of Pakistan. Zong 4G, coming on board as the distribution partner, will enable…
The Emirates Group today announced its half-year results for its 2021-22 financial year. Group revenue was AED 24.7 billion (US$ 6.7 billion) for the first six months of 2021-22, up…
Engro Fertilizers, Pakistan's premier seed-to-harvest solutions provider, has conducted a series of farmer seminars to support the Government of Punjab's "Grow More Wheat" initiative for enhanced food security and farmer…
The franchises of the Lanka Premier League confirmed the make-up of their squads in the Lanka Premier League 2021 'Player Draft' on Tuesday. Each of the five franchises which include…
· Kohat Cement Company (KOHC) remains one of the best plays to capitalize on the upcoming margin enhancement of the cement sector with the company being relatively more sensitive to…
The management of LOTCHEM held a corporate briefing session today to discuss the company's performance post release of 9MCY21 results. To recall, the company posted a profit after tax (PAT)…
Study identifies four stages of 5G maturity among global service providers based on how well they use 5G to drive consumer satisfaction and grow their consumer business One-in-five studied CSPs…
· Country fiscal deficit for the 1QFY22 came out at 0.81% of GDP as opposed to 1.1% of GDP recorded in 1QFY21 and 3.7% of GDP during 4QFY21. The improvement…
Likee, Pakistan's leading short-video sharing platform, is resonating the nation's zeal towards supporting the cricket team during the on-going ICC T20 World Cup with the #KhulKarKhel. With the short format…
Mian Nasser Hyatt Maggo, President FPCCI, has hailed the concerted efforts of Makhdoom Khusro Bakhtiar, Federal Minister for Industries & Production, for launching long-overdue SME Policy of Pakistan. The SME…
Vice Chairman Businessmen Group & Former President Karachi Chamber of Commerce & Industry (KCCI) Tahir Khaliq, on behalf of entire Urdu speaking community, expressed full confidence over leadership of Chairman…
Oxford University Press (OUP), the world's largest university press, has today published a new global report exploring the digital divide in education, following the shift to digital learning during the…
The realme x Daraz11.11 Salebration will go live on Thursday, November 11, 2021 and feature massive discounts of up to 50% along with the biggest giveaways by realme including realme…
Experts believe UNITY is set to reap the benefits of (1) aggressive expansion plans in oil segment, (2) gradual shift towards high margin retail segment, and (3) addition of new…
