Habib Metropolitan Bank has reported the highest ever profit of Rs. 12 billion, with outstanding growth in profitability by 82… Read More
Current Account Deficit Fell By 65% in January 2021
The current account deficit for the month of January 2021 was reduced by 65% to $229 million as compared to… Read More
Karachi To Get Its First Technology Park Soon
TPL Properties Limited has revealed its plan to establish a state-of-the-art technology park in Sindh. The park is aimed at… Read More
Meezan Bank Reports Its Highest Ever Profit in a Year
Meezan Bank maintained a remarkable profitability journey in 2020, which surged to Rs. 22.6 billion, the highest ever profit in… Read More
Kohat Cement to Establish New Cement and Power Plants Worth Rs. 30 Billion
Kohat Cement is planning to establish a cement manufacturing plant and a coal-fired power project in Khushab, Punjab for an… Read More
Fact Check: What’s the Truth Behind the New ATM Receipt Charges?
Pakistani bank customers, already bearing various charges for using different services, may face another fee on account of receipts and… Read More
SBP Proposes a New Type of Loan for Supporting Startups
State Bank of Pakistan has proposed a new type of loan for supporting startups to meet the specific needs in… Read More
PTA Intends to Regulate Prices for Telcos, ISPs
Pakistan Telecommunication Authority (PTA) is apparently working to regulate the tariffs of telecom operators and Internet Service Providers (ISPs), while… Read More
Telcos Report a Big Drop in Average Revenue Per User in FY20
The average earning (average revenue per user per month) of cellular operators dropped by 8.31 percent in the financial year… Read More
Lucky Cement to Enhance Production Capacity At its Pezu Plant
The management of Lucky Cement Limited has decided to continue expanding its cement production at its Pezu Plant by tapping… Read More
Fauji Foundation Plans to Acquire Major Stake in Silk Bank
Fauji Foundation has officially approached Silk Bank seeking an interest to acquire a major shareholding in the bank, according to… Read More
SBP Selects 11 Banks for FX Portal
The State Bank of Pakistan (SBP) has selected 11 commercial banks in its FX Portal to provide end-to-end digitalization of… Read More
