A meeting of the Public Accounts Committee (PAC) was held under the chairmanship of Member of National Assembly (MNA) Noor… Read More
Rupee Stable At 283.9 Against US Dollar
The Pakistani rupee (PKR) halted movement and was stable against the US Dollar today. The Pakistani rupee was largely stable… Read More
Fauji Cement Posts Profit of Rs. 6.96 Billion 9MFY23
Fauji Cement Company Limited (FCCL), one of the biggest cement manufacturers in the country, has announced its financial results for… Read More
Banks, ATMs Running Low on Cash Ahead of Eid
Banks have been unable to meet the rising demand for cash during Ramazan with dozens of automated teller machines (ATMs)… Read More
Systems Limited Posts 51.4% Profit Growth in 2022
Systems Limited (PSX: SYS) had another good run with a 51.4 percent year-on-year (YoY) profit growth during the year ended… Read More
MMM Holding Pvt Ltd Further Buys 15 Million Shares of Baluchistan Glass Ltd
MMM Holding (Private) Limited (MMM) has purchased an additional 15 million ordinary shares of Baluchistan Glass Limited (PSX: BGL). According… Read More
SECP Sets New Capital Requirement For Non-Life Digital-Only Insurers
The Securities and Exchange Commission of Pakistan (SECP) has directed insurance companies to maintain a minimum amount of Rs. 50… Read More
Pakistan Housing Finance Company Wants to Inject Rs. 12 Billion into Silk Bank
Pakistan Housing Finance Company (PHFC), a subsidiary of M/s Lake City Limited has expressed its in-principle interest in the injection… Read More
Govt Goes Ahead With Petrol Subsidy After Telling IMF it Won’t
The government has moved a summary for the approval of a petrol subsidy for motorcyclists and small vehicle owners to… Read More
Rupee Rebounds Against US Dollar As Markets Take a Breather
The Pakistani rupee (PKR) reversed losses and posted encouraging gains against the US Dollar today. The Pakistani rupee was largely… Read More
MCB Bank Acquires 30% Additional Stake in Asset Management Company
MCB Bank has completed the acquisition of an additional 30 percent stake in its subsidiary, MCB-Arif Habib Savings and Investments… Read More
Forex Crisis Leaves Hubco Struggling to Pay for Vital Imports
Hub Power Company (Hubco) has expressed grave concern about its inability to obtain foreign exchange for vital spare parts, which… Read More
