The textile exports of the country increased by 3.12% in July 2019 to $1.226 billion as compared to $1.189 billion… Read More
Shell Pakistan Suffers Massive Loss Due to Rupee Devaluation
Shell Pakistan Limited has announced its financial performance for the first half of 2019, incurring losses of Rs. 1.44 billion.… Read More
SECP Registered 1525 New Companies in July 2019
The Securities and Exchange Commission of Pakistan (SECP) registered 1,525 new companies in July 2019. It showed a growth of… Read More
HBL Offers Customers to Get Credit Cards through Mobile App
HBL has now become the first bank in Pakistan to offer credit cards through its mobile app. Customers will be… Read More
SECP Chairman & Stakeholders Meet to Improve Stock Market Situation
The newly appointed Securities and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan is currently on a three-day visit to… Read More
Engro Corp Posts a 20% Higher Revenue in H1 2019
Engro Corporation announced its financial results for the half-year ended June 30, 2019. The Company posted a consolidated profit-after-tax (PAT)… Read More
Large Scale Manufacturing Contracts for the First Time in a Decade
In almost a decade, large scale manufacturing (LSM) growth contracted to 3.64% in the last fiscal year, which ended in… Read More
Bank Alfalah Records a 2.8% Growth in Profit in H1 2019
Bank Alfalah has made a profit of Rs. 6.2 billion in the first half of the current year as compared… Read More
Pakistan’s Trade Balance Improves by 19% in the First Year of Current Govt
Pakistan’s trade balance has improved by 19%, as the deficit declined from $37.6 billion to $30.6 billion during the last… Read More
Fatburger and Buffalo’s Express is Launching 5 Restaurants in Pakistan
The Last Great Hamburger Stand™ has announced plans for the development of five co-branded Fatburger and Buffalo’s Express concepts in Pakistan. In partnership with… Read More
Pakistan Post Reports Unprecedented Increase in Revenues in FY 2018-19
According to the one-year performance report by the PTI government, the Ministry of Postal Services reported an estimated 70% increase… Read More
Govt. Considering to Launch A Dollar-Based Saving Scheme
The government is reportedly mulling to launch a new saving scheme based on the US dollar which will enable investors… Read More
SECP Approves Murabaha Share Financing Regulations for the Capital Market
The Securities and Exchange Commission of Pakistan (SECP) has approved the Regulations for Murabaha Share Financing (MSF) in persistence with… Read More
Bank Deposits Decline by a Massive Rs. 710 Billion in July
Banking industry’s deposits have declined by Rs. 710 billion in July, mainly due to customers panicking and withdrawing money from… Read More
Pakistan’s Forex Reserves Surge to Over $15.5 Billion
Pakistan’s foreign exchange reserves have increased to $15.57 billion thanks to inflows of $500 million from the Asian Development Bank.… Read More
