Pakistani telecom company, Ufone 4G is providing free calls in the flood affected areas to establish connectivity between the affected people, their loved ones and rescue personnel to facilitate relief…
SYS has posted a 2QCY22 consolidated NPAT of PKR1.76bn (EPS: PKR6.34), up 93% YoY and 47% QoQ. The result came in slightly higher than our expected earnings of PKR1.55bn (EPS:…
Pakistan State Oil announced FY22 record unconsolidated earnings of Rs86bn (EPS: Rs184) as compared to Rs29bn (EPS: Rs62) in the same period last year. This is due to, (i) higher…
Owing to the political turmoil of the last few months and the resumption of the IMF program, the current government has increased interest rates to control inflation, making their monetary…
Google is launching the seventh edition of the Google for Startups Accelerator (GFSA) for Southeast Asia (SEA) and Pakistan, where it will enroll up to 15 seed and series A startups who…
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 Friday said millions of people…
The Education Malaysia Global Services (EMGS) is set to arrange education expo in Karachi, Islamabad, Peshawar and Lahore for the benefit of the students who are aspiring for higher studies…
In the wake of massive flash floods that wreak havoc in various parts of the country, the Oil and Gas Development Company Limited (OGDCL) has continued its relief activities and…
Pak Suzuki Motor Company (PSMC) announced its 2Q2022 financial results, where the company has posted profit of Rs443mn (EPS: Rs5.4) against profit of Rs419mn (EPS: Rs5.2) in same period last…
Despite steep increases in commodity costs due to soaring inflation, and the rapid, unprecedented devaluation of the Pakistani Rupee, FrieslandCampina Engro Pakistan Limited (FCEPL) registered a Profit After Tax (PAT)…
President of Korangi Association of Trade and Industry (KATI) Salman Aslam has expressed reservations over the imposition of new taxes of 38 billion rupees by a Presidential Ordinance. Whereas, instead…
We initiate coverage on Citi Pharma Limited (CPHL), Pakistan's largest and only listed manufacturer of Active Pharmaceutical Ingredient (API), with a 'Buy' rating and June-2023 Target Price of Rs47/share, offering…
Special Assistant to the Prime Minister on Youth Affairs/ Minister of State Ms. Shaza Fatima Khawaja has said that the government decided to revive several initiatives launched in 2013 by the then Prime…
Chairman Businessmen Group (BMG) Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees, while highly appreciating the Prime Minister for taking notice of public and business…
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 Friday said imposing a five percent tax…
On this world Humanitarian Day, In the light of destructions caused by the impact of Climate Change, Pakistan Humanitarian Forum (PHF) stressed on the dire need to focus on climate…
The Karachi Chamber of Commerce & Industry (KCCI) and Alamgir Welfare Trust (AWT) Friday signed a Memorandum of Understanding (MoU) to join hands for carrying out relief activities in Monsoon…
China Pakistan Economic Corridor (CPEC) is the future of Pakistan, which will bring immense strategic benefits to Pakistan but a national consensus and political will is needed to move forward…
President of Korangi Association of Trade and Industry (KATI) Salman Aslam expressed his concern over Federal Minister of Finance Miftah Ismail's indication of a further increase in the prices of…
Leaders in Islamabad are instrumental in bringing new thoughts and significant perspectives always. They had invited Dr Miftah Ismail, Federal Minister for Finance and Revenue, and Sherry Rehman, Federal Minister…
Pakistan's leading large-scale engineering company, Descon Engineering Ltd. (DEL), records significantly high growth in revenues on the back of major projects in Domestic and Overseas geographies as per its FY…
Pakistan's economic recovery continued in H1-FY22, notes the Half Year Report for FY22 on the State of Pakistan's Economy, released by the State Bank of Pakistan (SBP) today. From the…
Standard Chartered Bank Pakistan Limited (SCBPL) in partnership with the British Deputy High Commission (BDHC), Karachi organised an event to celebrate 75 years of Pakistan's independence. The event was widely…
ACCA says that the draft standards from the International Sustainability Standards Board (ISSB) are urgently needed to provide a consistent global base line for companies reporting on sustainability-related financial information.…
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 said the economy of a…
