Pakistan Petroleum Limited has announced another discovery of hydrocarbons from exploration well Talagang X-1 situated in district Chakwal Punjab, according… Read More
National Savings Increases Profit Rates For All Schemes
The Central Directorate of National Savings (CDNS) has issued a notification that it has revised profit rates on different schemes,… Read More
You Can Now Get Exclusive Lease Deals on Honda Cars with Al-Baraka Bank
Al Baraka Bank Pakistan Ltd. (ABPL) has recently signed a Strategic Alliance Agreement with Honda Atlas Cars Ltd. Through this… Read More
Ministry of Climate Change to Start Glacial Lake Project to Combat Flooding
Ministry of Climate Change will initiate Glacial Lake Outburst Flood-II (GLOF-II) Project at a cost of US$ 37 million with… Read More
PSX Orders Securities Brokers to Submit Details of Politically Exposed Persons
In order to boost efforts against money laundering, Securities Brokers have been asked to submit details regarding ‘Politically Exposed Persons’… Read More
PSX Approves Byco Petroleum’s Privately Managed Sukuk Worth Rs 3.12 Billion
Pakistan Stock Exchange has approved the Listing of the Privately Placed, Rated and Guaranteed Sukuks of Rs 3,120 million of… Read More
CPEC Gets a Dedicated New Informational Channel
The “China-Pakistan Economic Corridor (CPEC) digital information channel”, based on China-Pakistan optical cable has officially commenced its operations. Zhang Zhiyong,… Read More
Unity Foods to Acquire a Refinery to Expand Its Current Capacity
Unity Foods is planning to expand its existing capacity via acquisition of an existing operational refinery with a capacity of… Read More
Descon Expands Operations to South Africa
Design Engineering Services and Construction Limited (Descon), which is one of Pakistan’s biggest conglomerates, has recently acquired 26 percent shares… Read More
Soneri Bank Posts Rs 975 Million Profit in H1 2018
Soneri Bank Limited has declared its profits for the half-year ended June 30, 2018. The growth of the bank increased… Read More
Toyota Indus Posts Heavy Profits Despite Falling Corolla Sales
The second largest automotive assembler in the country, Indus Motors (PSX: INDU) saw a 21.31% growth in profits in the… Read More
Sports Goods Exports Fall by 5.85% in July 2018
The exports of sports goods witnessed a decrease of 5.85 percent during the first month of the current fiscal year… Read More
