Market didn't respond well to Govt.'s budget announcement. The benchmark index lost a total of 796pts during the session and closed -787pts. The budget largely disappointed investors who expected major…

Besides initiating construction work on the Main Dam of Diamer Basha Dam Project, Pakistan Water and Power Development Authority (WAPDA) is also gearing up for implementation of a Cultural Heritage…

President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI's Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Monday said that coronavirus was…

The position of the river inflows and outflows at Tarbela, Mangla and Chashma along with the reservoirs levels and the barrages today is as under: Rivers: Indus at Tarbela: Inflows 118900…

As the government enforces measures to contain the spread of Corona Virus in Pakistan, Khushhali Microfinance Bank Limited (KMBL) is playing its part to contribute to these efforts and taking…

Leadership of Korangi Association of Trade & Industry (KATI) expressed grief over demise of former Chairman of the Association, former member of Parliament and prominent social and political personality Mr.…

The proposed budget for FY 20-21 has completely failed to address serious industry issues in the light of the worldwide Covid-19 created crisis. This is likely to lead to large…

The disruptions to traditional education caused by the pandemic hold the capacity to further widen learning gaps between different regions and countries, alongside aggravating the digital divide. To address this…

Infinix, Pakistan's leading smartphone brand known for its innovative and state-of-the-art devices has partnered up with Daraz to bring exclusive discount offers at the Daraz Mobile Week, starting from 15th…

President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI's Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Saturday said government's announcement to…

Workers' Remittances amounted to US $ 20,654.5 million during July – May FY20, up by 2.7 percent or US $ 551.5 million over July – May FY19 (US $ 20,103.0…

K-Electric conducted a successful crackdown against generator mafia in Lyari, with the support of Electric Inspector Karachi (EIK) and Law Enforcement Agencies. Under the supervision of EIK, more than 180…

President of Korangi Association of Trade & Industry (KATI) Sheikh Umer Rehan, Senator Abdul Haseeb Khan, Chairman and CEO KITE Zubair Chhaya, Senior Vice President Ikram Rajput, Vice President Syed…

Growing from strength to strength, JS Bank reported profit before tax of PKR 628.5 million for the quarter ended March 31, 2020 as compared to profit before tax of PKR…

Market shed 625pts during the session today on the back of global rout in capital as well as commodity markets. US and regional markets saw Stock Indexes tumbling 4% to…

The coronavirus has put the lives of hundreds of thousands of people at risk across the world, not only due to the pandemic itself, but also for other health-related issues…

Mian Anjum Nisar, President Federation of Pakistan Chambers of Commerce & Industry said that coronavirus (COVID-19) has severely affected the economy, businesses, industries and small traders. He was speaking in…

The COVID-19 crisis has unearthed new considerations for infrastructure, employment and privacy. Telenor Research outlines three key predictions that would characterise our new world. http://www.telenor.com/PostPandemicPredictions On a scale like no…

Market traded in a narrow range between -70pts and +188pts, closing the session +64pts. E&P sector saw selling pressure that has been the case since international oil prices have faced…

The total liquid foreign reserves held by the Pakistan stood at US$ 16,705.3 million on 05-June-2020. The break-up of the foreign reserves position is as under:- Foreign reserves held by…

Jazz, the country's largest digital company, continues to play a leading role in supporting the government authorities in the fight against the spread of the virus. In a recent development…

The Chairman Pakistan Tanners' Association, Sheikh Afzal Hussain expressed hope that the Leather sector would be reinstated at Zero Rated Status as was eligible earlier among 5 core sectors of…

Dubai-based provider of worldwide smart end-to-end supply chain logistics, DP World, with a global network of 123 business units in 54 countries, has announced the completion of its acquisition of…

As part of its solidarity plan, L'Oréal Pakistan is locally producing hand sanitizing gels and hand-washes to fight the spread of COVID-19 Thousands of products will be distributed to healthcare…

In order to improve utilization of Risk Sharing Facility under SBP ROZGAR scheme, Governor SBP, Dr. Reza Baqir, held an online meeting with the Presidents of Chambers of Commerce and…