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HeadlinesMicrofinance bank gets time-based approval of CCP on non-compete clauses
Exemption includes conditions for disclosures and compliance with SBP license requirements
HeadlinesGovt approves Rs82 billion to OGDCL for TFCs investment
Government also approves Rs92 billion interest repayment in 12 installments; OGDCL waives Rs72 billion in liquidated damages
World Business NewsGlobal remittances expected to grow faster in 2024: World Bank
India-driven remittances to South Asia grew by 5.2% in 2023, reaching $186 billion; flows are projected to grow by 4.2% in 2024
HeadlinesJune inflation expected to rise to 12.55% YoY, report
AKD Research forecasts higher inflation due to food price rebounds and electricity adjustments
HeadlinesCCP approves acquisition of two Japanese pharma products by Hilton Pharma
Proposed transaction entails the acquisition of Methycobal and Myonal including their trademarks
HeadlinesInterloop approves budget, expansion plan for FY2024-25
Company sets export target at $670.80 million; approves $58 million for hosiery, $18.8 million for denim, $13.2 million for yarn dyeing expansion, and $2.1 million for solar energy installation
HeadlinesNational Refinery Limited CEO Jamil A. Khan resigns
Board accepts resignation; Jamil A. Khan to serve until July 13
HeadlinesSBP to observe United Nations Day on micro, small, and medium-sized enterprises
Seminar will be held under the theme “MSME Finance: Catalyst for Inclusive Growth” aimed to acknowledge the vital role of micro, small and medium-sized enterprises
HeadlinesGold price dips by Rs500 in Pakistan
HeadlinesBidding for PIA set for first week of August
HeadlinesAgreement signed for Chromebook assembly line in Pakistan
Assembly line will have an initial production capacity of 500,000 Chromebooks per year and will be scaled up to one million per year
