LSMI mixed data reported by PBS
Latest data released by PBS suggests that Large Scale Manufacturing Industries (LSMI) output increased 3.6% on MoM basis while down 5.5% YoY during Nov'22. LSMI Index stood at 112.3 during…
Latest data released by PBS suggests that Large Scale Manufacturing Industries (LSMI) output increased 3.6% on MoM basis while down 5.5% YoY during Nov'22. LSMI Index stood at 112.3 during…
To facilitate exporters of software, IT & IT Enabled Services, State Bank of Pakistan (SBP) has amended its foreign exchange regulations, advising the banks to mandatorily allow, till March 31,…
PAJCCI recommends joint effort to process transit trade documents by Pakistan & Afghanistan customs for smooth clearance of goods and onward movement. Custom authority of both sides must rationalize document…
Pakistan Technology & Communication sector outperformed its peers globally during 2022. For reference we have compared it to MSCI AC Asia Pacific Information Technology Index which is the most relevant…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said the year 2022 proved…
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 country has entered a…
Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman expressed concern over the inflation rate exceeding 27 percent in the country. He said that due to the lack of dollars…
President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while referring to reservations expressed by the shopkeepers and restaurants owners over reduced business timings, has requested the Sindh…
Syngenta Pakistan Limited, a leading agriculture innovation and technology company - providing crop protection, biologicals, seeds, crop-enhancement products and digital services to millions of Pakistani farmers, has successfully piloted a weather…
Ismail Industries Limited, one of the major Pakistani confectionery and snack food manufacturers, has signed up a roadmap contract with SAP for the digitization of business functions across all its…
Javedan Corporation Limited has received a subscription of PKR 387,945,000 from the general public through a two-day offer for sale process. The offer for sale was over-subscribed by 2.77 times.…
NdcTech, a long-standing partner of Temenos and wholly owned subsidiary of Systems Limited has recently won the Best Digital Channel/Platform Implementation Award at the IBS Intelligence Global Fintech Innovation Awards…
Pakistan posted a Current Account Deficit (CAD) of USD 276mn during the month of Nov'22 compared to a deficit of USD 1,929mn during Nov'21, which declined by 86% YoY. On…
VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of the Organic Meat Company Limited (TOMCL) at 'A-/A-2' (Single A Minus/A-Two). The medium to long term rating of…
Determined Pakistan appreciates the Government's efforts towards regularizing heated tobacco products (HTPs) as an alternative to cigarettes in the interest of public health. In a landmark move, the Federal Cabinet…
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 threat of default is…
Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman has expressed his concern over the worsening situation of the economy. He said that foreign exchange reserves in the country are…
Chief Minister Government of Sindh Syed Murad Ali Shah has said that the unresolved Kashmir issue and the unrelenting brutality of the Indian government against the Kashmiri people is a…
Engro Corporation, Pakistan's premier conglomerate, has adopted the SAP Ariba Strategic Sourcing suite to enhance efficiencies and transparency across all business units. Integration Xperts partnered with Bloom IT to deliver…
Recently, the Pakistan Coating Association (PCA) delegation, headed by the Chairman, Mr Siraj Uddin, visited the Federal Tax Ombudsman, Dr Asif Mahmood Jah. During their visit, the business community discussed…
WAPDA, Civil Administration of Hazara Division and United Kohistan Jirga, comprising notables of three Districts, Upper Kohistan, Lower Kohistan and Kolai Palas Kohistan, reached an agreement today. The agreement aims…
President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has demanded from the government that if the State Bank is not opening LCs, then traders should be allowed to…
The Searle Company Limited (SEARL) organized its analyst briefing last week to discuss FY22 results and the company's future outlook. · To recall, SEARL posted consolidated PAT of PkR29.9bn (EPS:…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday told Finance Minister Ishaq Dar's…
ABHI and Chase Up join hands to extend ABHISalary (Earned Wage Access) to 2500 employees working at Chase Up. Chase Up takes pride in its hardworking employees and values the…