News Desk

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Economy

Pakistan’s Current account posted a surplus of $128Mn in Feb

Pakistan’s current account posted a surplus of $128 million in February 2024, in contrast to a revised deficit of $303 million in the previous...

IMF and Pakistan has reached a staff level agreement on final bailout review

The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on the final review of a $3 billion bailout, where the country...

MPC decided to hold the Policy rate steady at 22%

The Monetary Policy Committee (MPC) decided to hold the policy rate steady at 22 percent in its meeting held today. The MPC noted that despite...

MLCF’s subsidiary Novacare to build hospital with $110Mn investment

Novacare Hospitals (Private) Limited, a wholly owned subsidiary of Maple Leaf Cement Factory Limited (PSX: MLCF), will start constructing a state-of-the-art hospital in Islamabad...
PSX
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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...
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SECP enlisted Investors Hub (Ascamo Analytics Pvt Ltd) in list of...

Investors Hub is a brand of Ascamo Analytics (Pvt) Limited. It provides financial analytics and digital solutions to the entities of the capital markets. By...
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ANL finalized & approved the sale of lands related to the...

In a latest notification to PSX, Azgard Nine Limited (ANL),has announced that the Agent Banks of Creditors have finalized and approved the sale of...
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MFL approved the business plan of the Corn-Starch business

In a latest ntification to PSX, Matco Foods Limited (MFL) has approved the business plan of the Corn-Starch business in Allama Iqbal Industrial Estate...
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InFrontier Ltd signed term sheet for acquiring 36.6% stake in TPL...

TPL Life Insurance Limited (“the Company”), a subsidiary of TPL Corp Limited, is pleased to announce that InFrontier Limited (“InFrontier”), a specialist investment firm...
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GLPL to increase its authorized capital from Rs. 200Mn to Rs....

In a latest notifictaion to the PSX, Gillette Pakistan Limited (PSX:GLPL), has resolved that the authorized capital of the company to be increased...