Al-Ghazi Tractors (AGTL) has reported 3QCY21 NPAT of PKR835mn (EPS: PKR14.40), up a sharp c.20% qoq and c.85% yoy. This takes 9MCY21 EPS to PKR38.21, up c.2.5x yoy from PKR15.34.…

·         The General Tyre and Rubber (GTYR) held its analyst briefing session today to discuss its 1QFY22 results. To recall, the company posted NPAT of PkR131mn (EPS: PkR1.07) as compared to…

·        Market continued to remain under pressure ahead of preponed MPS announcement. With further weakening of Pak rupee against dollar and mounting inflationary expectations, investors mostly stayed in the bearish territory.…

Jaffer Business Systems, one of the topmost Information technology Companies in Pakistan honored with the prestigious award for its unparalleled contribution to Huawei Ecosystem for the year 2020-21. The enthralling…

· Merit Packaging Limited (MERIT) held its analyst briefing session today to discuss its 1QFY22 result. To recall, the company posted a loss of PkR57mn (LPS: PkR0.65) in contrast to…

In order to create a favourable business environment, Punjab Revenue Authority decided to provide reduction in sales tax being charged on commissions for home based chefs. The rebate reduced sales…

INTEGRA Biosciences – a leading provider of high quality laboratory equipment – supplies a comprehensive range of liquid handling tools that are ideal for sterile cell biology workflows. Each piece…

The Punjab government has introduced an online platform, Startup Punjab developed by PITB. The portal aims at bridging the disconnect between Pakistani startups and international stakeholders under the vision of…

South Korea has shown interest in importing urea from Pakistan since South Korean urea supplies have been impacted due to recent limitation on export of urea and other fertilizers from…

Zong 4G continues to lead the digital innovation and agenda of the country, as it enters into a strategic partnership with MicroEnsure Pakistan. Through this collaboration, customers will have access…

The total liquid foreign reserves held by the country stood at US$ 23,550.6 million on 12-November-2021. The break-up of the foreign reserves position is as under:- Foreign reserves held by…

In a digitally advanced and fast paced era, all innovative and resourceful enterprises are trying their best to come up with solution-oriented devices in order to meet the needs of…

Telenor Velocity, in collaboration with Google Developers announced the winners of the Digital Hackfair 2.0. The 5 week application period brought in 50+ app submissions using Google technologies from 172…

Dawlance is Pakistan's leading manufacturer of home-appliances and a wholly-owned subsidiary of Arcelik – the 2nd largest manufacturer in Europe. The company has now won a prestigious award from the…

Ericsson (NASDAQ:ERIC) has announced the appointment of Aamir Ahsan Khan as Country Manager of Ericsson Pakistan. Aamir is set to lead a strong cross-functional team aided by a network of…

The United States government, through the United States Agency for International Development (USAID), will contribute $7 million to the Asian Development Bank's (ADB) ongoing project to address the secondary effects…

·         Shifa's management is actively working on 3 distinct expansion projects which are expected to reach commercial operation during the next 12—34 months. These projects include i) Shifa National Hospital Faisalabad…

Fauji Cement Company Limited (FCCL) has informed Pakistan Stock Exchange (PSX) today that the FCCL Board have approved a Scheme of Arrangement (the "Scheme) for the amalgamation of Askari Cement…

31% of teens exposed to these hoaxes had experienced a negative impact and, of those, 63% said the negative impact was on their mental health As a result, TikTok strengthens…

Reiterating its commitment towards sustainability,e-commerce based direct selling company,QNET, announced its new Green Legacy programme in partnership with Certified B Corporation, EcoMatcherwith the planting of three new forests in the…

Prime Minister of Pakistan, Imran Khan in terms of rule 4(6) of the Rules of Business 1973 awarded the position of Special Assistant on Culture, Arts and Related Communications to…

· Bearish momentum was witnessed today as aggressive tightening of 100bps expected in the upcoming preponed MPS announcement. With mounting inflationary expectations and rising secondary market yields, across the board…

To raise awareness against vector borne diseases like Dengue & Malaria, Pakistan's No.1 choice, Mortein, joins hands with the Directorate of Malaria Control (DMC), a body of Ministry of National…

Mian Nasser Hyatt Maggo, President FPCCI, has proposed that tax adjudication cases to be handled under the supervision of the office of Federal Tax Ombudsman (FT0) for a fair, neutral,…

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 the Central bank planning…