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

PIA 777 impounded in kualumpur for not paying Lease amount

PIA Boeing 777 registration APBMH operating flight islamabad Kuala Lumpur Islamabad is impounded by the Malaysian Authorities in Kuala Lumpur by orders of the...
News Desk

Hira Textile Mills shares progress of newly launched special Melange Yarn

Hirat Textile Mills Limited (PSX: HIRAT) has launched a special type of Yarn i.e. Melange Yarn in October 2020. Out of Total Yarn, 40%...
News Desk

Pakistan’s Exports increased 18% YoY & imports surged 25% during December,...

Pakistan Bureau of Statistics (PBS) revealed the exports from the country increased by 4.98 percent during the first half (H1) of the current fiscal...
News Desk

Relaxation of Tax granted to IT Industries for 10 years –...

Amir Ahmad Hashmi head of Special Technology Zone Authority in a meeting of launch ceremony of Special Technology Zone Authority announced the relaxation...
News Desk

SAZEW sales surged by 22.9% on MoM basis

In a latest notification to the Stock Exchange, the Sazgar Engineering Works Limited (PSX:SAZEW) announced the production & sales data for the month of...
News Desk

Service Global Footwear Ltd enters as shareholder in JV for Greenfield...

In a latest notification to the PSX, Service Global Footwear Limited (`SGFL') a subsidiary of Service Industries Limited (SRVI) will be included as a...