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

MPS: SBP maintained the Policy rate at 7%

At its meeting on 28th May 2021, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. Since its last...
News Desk

HSM approved the CAPEX amounting to Rs. 750Mn for improving the...

Husein Sugar Mills Limited (PSX: HSM) in a notification to stock exchange announced that the Board of Directors of HSM has approved CAPEX amounting...
News Desk

Bestway Cement decided to setup a Greenfield Cement plant with a...

Bestway Cement Limited (PSX: BWCL) in a latest notification to PSX, announced to setup a Greenfield Cement plant with a capacity of 7,200...
News Desk

Octopus Digital and Hub Power Services Limited signed an Industry 4.0...

Octopus Digital, a wholly owned subsidiary of Avanceon Limited, signed an Industry 4.0 and Digital Transformation Partnership Memorandum of Understanding (MoU) with Hub Power...
News Desk

Pakistan posts Current Accout Deficit of USD200Mn in April 2021: SBP

Pakistan reports Current Account Deficit of $200mn for the month of April 2021 as compared to a deficit of US$510mn in April 2020, 61%...
News Desk

Supernet & Avara Technologies Announce the Award of a Multi-Million Dollar...

Telecard Limited's 100% owned subsidiary, Supernet Limited ("Supernet") has issued a joint press release with Avara Technologies Pty Ltd. ("Avara") announcing the award of...