HeadlinesWinners of Rs25,000 prize bond draw announced; two claim Rs30 million each
Rs25,000 prize bond draw held in Quetta; 700 winners bag Rs300,000 prizes
Dec 12, 2024
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Headlines43 projects worth $24.703 completed under CPEC, National Assembly informed
Eight ongoing CPEC projects worth $760 million under implementation; CAD drops by 79% in early FY25
Dec 12, 2024
HeadlinesOver Rs3 trillion in taxes collected from mobile users over five years
Pakistan has 193.098 million cellular subscribers contributing to the tax base, NA informed
Dec 12, 2024
HeadlinesSymmetry Group secures contracts worth over Rs300 million
Clients include the State Bank of Pakistan, Pakistan Banks’ Association, ONIC Pakistan, Jubilee Life Insurance, English Biscuit Manufacturer, and Colgate Palmolive
Dec 12, 2024
HeadlinesIGI Investments to conduct due diligence for acquiring 40.63% stake in Mitchell’s Fruit Farms
Mitchell’s ended discussions between its two major shareholders, Syeda Maimanat Mohsin and Syeda Matanat Ghaffar, and CCL Holdings (Pvt.) Limited on Dec 9
Dec 12, 2024
HeadlinesADB approves $200mn loan to modernise power distribution infrastructure in Pakistan
At least 332,000 advanced metering and data management systems and 15,800 online transformer performance monitors will be installed in LESCO, MEPCO, and SEPCO
Dec 12, 2024
HeadlinesGovt raises Rs1.3 trn in T-bill auction as yields decline
Yields drop by up to 100bps; Rs1,929bn participation recorded against Rs2,034bn maturities
Dec 11, 2024
HeadlinesAgritech's public offer garners competitive bids from FFC and Maple Leaf Cement
MLCF offers Rs 39 while FFC offers Rs 39.05 per share
Dec 11, 2024
HeadlinesMCB Bank appoints Muhammad Nauman Chughtai as new CEO and President
Chughtai to take charge as acting president upon Shoaib Mumtaz's term completion
Dec 11, 2024
EconomyADB revises Pakistan’s growth forecast upwards to 3% for FY2025
Inflation forecast for FY2025 is revised downwards to 10.0% from 15.0% in September outlook
Dec 11, 2024
HeadlinesBullish momentum returns to PSX as index jumps another 1913 points
Renewed buying momentum attributed to positive macroeconomic developments
Dec 11, 2024
HeadlinesSymmetry Group to transform ONIC's digital presence in Pakistan
Collaboration aimed at redefining Onic's digital identity and operations
Dec 11, 2024