News Desk

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PSX

Global Footprint: BOP to establish Wholesale Banking Unit in Bahrain and Representative Office in UAE”

The Board of Directors of the Bank of Punjab (BOP) has approved the business plan to establish a Wholesale Banking Unit in the Kingdom...

MARI’s subsidiary secure mineral exploration licenses in the Chagai district of Balochistan.

The Directorate General Mines & Minerals Balochistan has granted two Exploration Licenses EL-322 and EL-323, and allotted area of 501.03 sq. km and 512.76...

Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks

Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...

KSE 100 Skyrockets to Historic 78k Milestone!

The Pakistan Stock Exchange (PSX) experienced a buying frenzy as the benchmark KSE-100 index surged by over 1,500 points during the opening hours of...
Economy
News Desk

PSX included in MSCI FM 100 and MSCI FM 15 percent...

MSCI announced the conclusion from its consultation on the eligibility of the MSCI Pakistan Index for the MSCI Frontier Markets 100 and MSCI Frontier...
News Desk

Pakistan Consumer Price Index (CPI) hits a 24-Month high at 13%...

Inflation continued to take its toll as Consumer Price Index (CPI)-based reading hit a 24-month high at 13% on a year-on-year basis in January...
News Desk

Transparency International: Pakistan slips further on Corruption Perceptions Index

Pakistan dropped 16 places in the Corruption Perceptions Index (CPI) for 2021 compared to the previous year, ranking 140 out of 180 countries, Transparency International said...
News Desk

SBP maintained the Policy Rate at 9.75%

The State Bank of Pakistan has decided to keep the interest rate unchanged at 9.75% for the next two months.
News Desk

Supernet & Avara Technologies secured a project worth Rs. 250Mn

Supernet Limited(“Supernet”) announced today that they, in conjunction with their Australian technology partner Avara Technologies Pty Ltd (“Avara”) have been awarded a new project...
News Desk

Octopus Digital secures 5-year IAAS contract with a Major Cement Manufacturer...

Octopus Digital Limited has secured a high-value five-year Infrastructure as a Service (IAAS) contract on Build, Train to Operate, Maintain & Improve (BTMI) basis....