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...
Economy
News Desk

Forex Reserves inched up by 0.79% to USD 20,402.40Mn

As per the data released by the SBP, the Pakistan's Forex Reserves increased by USD 160.60 Million or 0.79% and the total liquid foreign...
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Roshan Digital Account receives its highest ever single day remittance of...

In a latest tweet from the State Bank of Pakistan, the inward Remittances from overseas Pakistanis into Roshan Digital Account rose to $7.7 million,...
News Desk

NETSOL’s sister concern in China has signed an agreement with a...

In a latest notification to PSX, NETSOL's sister concern in China has signed an agreement with a global automotive financial services company to upgrade...
News Desk

THALL to invest Rs 1.7 bn in Woven Polypropylene (WPP) Bags...

In a latest notifciation to the PSX, Thal Limited, in their meeting held on December 4, 2020, has approved the investment of Rs 1.7...
News Desk

TOMCL awarded an approx $3.9Mn to supply frozen boneless meat to...

In a latest notification to PSX the Organic Meat Company Limited (PSX: TOMCL) has secured a high value contract for supply of frozen boneless...
News Desk

Agritech Ltd shut down the Urea plant

In a latest notification to the Pakistan Stock Exchange, the Agritech Limited (PSX: AGL) announced that the Urea plant of the company has shut...