IT exports maintained a handsome 20 percent growth in July 2021 compared to the export’s value of the same month… Read More
International Packaging Films Ltd Applies for Listing on PSX to Raise Funds for Expansion
International Packaging Films Limited (IPAK) has applied for listing on the Pakistan Stock Exchange to raise funds for the expansion… Read More
SBP Reserves Fall by $223 Million in One Week
The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $223 million during the week that… Read More
Meezan Bank Profit Surges Over Rs. 12 billion In H1 2021
Meezan Bank’s profit after tax increased to Rs. 12.6 billion compared to Rs. 11.7 billion in the corresponding period last… Read More
Banking Industry Misses Agriculture Credit Target of Rs. 1.5 Trillion in FY21
The banking industry has failed to achieve its target of Rs. 1.5 trillion for the agriculture credit disbursement due to… Read More
SBP Slams Penalties of Over Rs. 500 Million on 8 Banks
The State Bank of Pakistan (SBP) has implemented its strict regulatory measures against banks that failed to comply with rules… Read More
SBP Launches Digital Cheques Clearing and Unified QR Code in Banking System
Governor State Bank of Pakistan, Dr. Reza Baqir, announced two new initiatives to facilitate the introduction of digital financial products… Read More
ICI Pakistan Acquires Majority Stake in NutriCo
ICI has acquired a major shareholding in NutriCo Pakistan, which will become its subsidiary now. According to the stock filing,… Read More
Askari Bank Appoints Renowned Banker Atif Bokhari as CEO and President
Askari Bank Limited’s Board of Directors has appointed Atif Bokhari — a highly experienced and renowned official of the banking… Read More
Natural Gas Supply To Various Sectors Surges To Over 4,000 MMCFD
The natural gas supplies to various sectors surpassed the 4,000 million cubic feet per day (MMCFD) mark in Pakistan due… Read More
Pakistan Oxygen Ltd Plans to Invest Rs. 2.5 Billion for Setting up New Plant
Pakistan Oxygen Limited has planned to invest an amount of Rs. 2.5 billion as part of its expansion plans to… Read More
Economic Growth is Likely to Increase: SBP
The economic momentum is expected to accelerate further during the financial year 2021-2022 increasing the pace of growth of the… Read More
