The Competition Commission of Pakistan (CCP) has issued show cause notices to GM Cables & Pipes (Pvt) Ltd. and Newage… Read More
Rupee Loses More Value Against US Dollar, Crashes Against British Pound
The Pakistani rupee (PKR) lost further ground against the US Dollar today after opening trade at 278 in the interbank… Read More
Cherat Packaging to Sell One of its Papersack Production Plants Due to Falling Demand
The Board of Directors of Cherat Packaging Limited (PSX: CPPL) has authorized the management to sell Papersack Line-IV of the… Read More
Gold Price in Pakistan Sets Record for Third Straight Day
The price of gold in Pakistan hit a new high for the third consecutive day on Thursday. According to data… Read More
Pakistan Refinery Posts Whopping 123% Profit Growth for FY24
Pakistan Refinery Limited (PRL) has concluded the fiscal year 2023-24 with exceptional financial and operational performance, marking one of the… Read More
IT Ministry Submits Details of Pending LDI Dues to Govt
The Ministry of Information Technology (MoIT) has made significant progress in recovering outstanding dues from Long Distance International (LDI) companies… Read More
Telecom Sector Will Lose Rs. 12 Billion Per Year Due to Ongoing Internet Disruptions
The recent nationwide slowdown in internet speed is creating multifaceted challenges for all sectors including commerce, health, education, financial &… Read More
Govt Restructures Boards of 4 More Distribution Companies
The federal government has dissolved the boards of four more state-owned electricity distribution companies (DISCOs) and established new boards as… Read More
Govt Ends Subsidies on Essential Items At Utility Stores
The federal government has directed to end all subsidies on essential food items at Utility Stores Corporation (USC), dramatically increasing… Read More
PTA Issues Cyber Alert Against Vulnerabilities in Internet Firewall Software
PTA has issued a cyber security advisory titled “Zero-Day Alert: Critical Palo Alto Networks PAN-OS Flaw Under Active Attack.” The… Read More
Privatization Commission Proposes JV for Roosevelt Hotel’s Privatization
The Privatisation Commission (PC) has proposed a joint venture transaction structure for the privatization of the Roosevelt Hotel in New… Read More
Engro Corp Profit Declines by 42% in First Half of 2024
Engro Corporation Limited (ENGRO) announced its 1HCY24 financial result with a consolidated profit after tax of Rs. 6.261 billion, depicting… Read More
