The banks’ contribution to the development of housing and construction sectors has increased in the country as the size of… Read More
Companies Sent $138.2 Million Abroad in July 2019: SBP
According to State Bank of Pakistan (SBP), foreign investor outflows rose to $138.2 million on account of profit and dividend… 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
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
Pakistan’s Investors Are Ignoring Equities for High Return on Debt: Bloomberg
Investors in Pakistan are switching out of stocks and are converting their positions into fixed income which is offering double-digit… Read More
Despite Higher Revenue Engro Polymer’s Profits Drop by 44.52% in H1 2019
Engro Polymer and Chemicals Limited has announced its financial results for the half that year ended on June 30, 2019.… Read More
FrieslandCampina Engro Pakistan Records a Rs. 238 million Loss for H1 2019
FrieslandCampina Engro Pakistan Limited (formerly known as Engro Foods) recorded a loss of Rs. 238 million for the half-year ended… Read More
Banking Industry Fails to Meet Agri-Credit Target of Rs. 1.25 trillion in FY19
Pakistan’s banking industry has once again missed the target of agriculture disbursement of loans by Rs. 76 billion due to… Read More
Money Exchanges Given a Free Hand to Attract More Remittances
The State Bank of Pakistan (SBP) has asked the foreign exchange companies to take necessary measures to attract direct remittances… Read More
GSK & Pfizer to Form A New World-Leading Consumer Healthcare Joint Venture
GlaxoSmithKline has globally completed its transaction with Pfizer to combine their consumer healthcare businesses into a world-leading Joint Venture. In… Read More
Consumer Inflation Jumps to 10.3% in July 2019
Pakistan’s consumer inflation rate jumped to 10.3% year-on-year in July, 2019 as compared to an increase of 8.9% in June… Read More
