TechIT sector suffers $1 million loss per hour due to internet shutdowns, says P@SHA
Chairman calls for investment, tax incentives, and improved market access to boost IT exports
Dec 4, 2024
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Tech
HeadlinesCement sales grow nearly 6% in November 2024
Domestic cement sales edge up, exports drive significant gains
Dec 3, 2024
HeadlinesGovt raises 353 billion against targeted 500 billion in Ijarah Sukuk auction
No reduction in cutoff rental rates of FRR bonds
Dec 3, 2024
HeadlinesFinance minister orders swift action against cartels, backs CCP with resources
567 cases worth PKR 74 billion stuck in courts; CCP urged to adopt tech for faster resolution.
Dec 3, 2024
HeadlinesForeign investors pull $36.58 million from Pakistani T-Bills in one week after yield cut
Yields on 3-month and 6-month t-bills reaches its lowest level since April 2022
Dec 3, 2024
PharmaceuticalsCiti Pharma partners with Mersi Farma to establish advanced API plants in Indonesia
Collaboration to bolster pharmaceutical production and expand nutraceutical market
Dec 3, 2024
HeadlinesLt Gen Anwar Ali Hyder (Retd) elected Chairman of Fauji Foods
Leadership change effective November 26, 2024
Dec 3, 2024
HeadlinesPHDL initiates voluntary winding-up, appoints liquidators
Company intends to exit hospitality sector after 45 years of operations
Dec 3, 2024
HeadlinesAcquirers submit fresh intention to acquire 83.96% shares of Calcorp Limited
JS Global Capital Limited appointed as Manager to the Offer; announcement set for December 5
Dec 3, 2024
HeadlinesLiberty consortium announces fresh intention to acquire 68.89% of Engro Powergen
New offer follows the withdrawal of a previous Public Announcement of Intention issued on November 22, 2024
Dec 3, 2024
HeadlinesPakistan’s exports rise by 12.57% in five months of FY25
July-November trade deficit narrows by 7.39% amid higher exports, lower imports
Dec 3, 2024
HeadlinesUBL announces amalgamation with Silk Bank under share swap arrangement
Under the plan, each share of UBL, will be exchanged for 325 shares of Silk Bank
Dec 3, 2024