In a decision earlier this morning, Morgan Stanley Capital International in its semi year review has made some changes to… Read More
Fire at Waves Factory in Lahore Causes Loss of Millions
A massive fire broke out in the production unit of the Waves Factory in Lahore on Friday, causing a loss of… Read More
Govt’s Hasty Appointment of Shaukat Hussain as SECP Chairman Raises Eyebrows
The Federal Government has appointed Shaukat Hussain as the new Chairman SECP. With the appointment, the process started two days… Read More
SECP Announces 7 New Independent Directors for PSX Board
The Securities and Exchange Commission of Pakistan (SECP) has selected seven new independent directors for the Pakistan Stock Exchange (PSX).… Read More
Ghandara Nissan Starts Payments in Chinese Yuan to Import Trucks in Pakistan
Automaker Ghandhara Nissan Limited (GNL) imported three million yuan of trucks from China by settling the trade transaction in renminbi… Read More
Bank Alfalah and Engro Fertilizers Partner to Launch Financing Program for Farmers
Bank Alfalah and Engro Fertilizers have signed an agreement as part of the Agri Value Chain Financing Program for the… Read More
PAMA Says If Non-filers Aren’t Allowed to Buy Cars, Car Sales Will Decline
The government recently announced the budget for the fiscal year 2018-19. It was announced in the budget that any eligible… Read More
Engro Corp. to Invest $21.375 Million in Siddiqsons Energy
Engro Corporation announced that its board of directors have approved an investment of $21.375 million by way of subscription of… Read More
WTI Oil Prices Reach Their Highest Level Since November 2014
Oil markets held firm on Monday as a decision looms on whether the United States walks away from a deal… Read More
Political Limbo & Weaker Economy in Pakistan is Threatening the Best Stock Rally in Asia
According to a report by Bloomberg, the period of pre-election political limbo coinciding with an increasingly uncertain economic backdrop is forcing… Read More
FBR Unfreezes PIA’s Bank Accounts After Partial Payment
The Federal Board of Revenue (FBR), recently, froze Pakistan International Airlines’ (PIA) bank accounts over the over non-payment of outstanding… Read More
Moody’s Says Special Tax on Bank Income in Pakistan is Too High
The credit rating agency, Moody’s, has reported that Pakistani authorities released their fiscal year 2019 (which ends June 2019) federal budget,… Read More
