Silkbank, UBL in talks for potential merger
This is the third party to express an interest in Silkbank in recent times.Â
Agriauto Industries declares fourth consecutive partial shutdown for 2023
Company attributes decision to collapse in demand across automotive industry
How unaffordable will the average cup of tea become?
LAHORE: The price of tea in the country is continuing on its upward march, with what was once an affordable and innocent...
Inflation levels to plateau in coming months, says finance ministry
The balance of payment for the month of March reveals that the trade deficit in goods and services declined by 9.1% on a MoM basis and 54% on YoY basis
Govt ends subsidized gas tariff for five export-oriented sectors, effective May 1st, 2023
The govt was previously paying the subsidy to the textile, sports, surgical, leather, and jute sectors
Toyota announces third round of NPDs for 2023 as Honda’s plant faces longest closure in recent history
As Honda’s decides to not produce a car for 68 days, Toyota will observe a shutdown from May 2 to May 3
Airlink’s profits collapse by more than half for Q3FY23 amidst LC inaccessibility
Quarterly profit shrinks by 62% QoQ whilst 9MFY23 down by a third YoY
Toyota turns to banking: Investment earnings drive profitability amid automotive downturn
Of the company’s Rs4.8b pre-tax profit, Rs3b came from investment earnings as it ends quarter with final earning of Rs3.2b
China opens doors to Pakistani cherry with strict conditions
Under the protocol, local cherries need to be kept under one-degree temperature for over 18 days after which health of fruit will be checked for final export
Govt to limit electric bike, rickshaw scheme to 15,000 recipients Â
Balloting to be conducted if number of applicants exceeds quotaÂ
Competition heats up in soda ash manufacturing industry
Sapphire Textile Mills Ltd.’s wholly owned subsidiary Sapphire Chemicals (Pvt.) Ltd. announces plans to establish soda ash manufacturing facility
JS agrees to pay BankIslami minority shareholders in cash rather than in kindÂ
KARACHI: Acquiescing to the demands of minority shareholders, JS Bank Limited has decided that its bid to buy 24.88% shares in BankIslami...
With baggage in tow, Lootah finally reaches Summit Bank summit
UAE Investor who was named in FIA investigation of fake accounts case involving Zardari acquires controlling stake in the bank after Rs 10 billion injection
Balochistan Glass acquires 50% ordinary shares of MMM Holding
LAHORE: According to a Pakistan Stock Exchange (PSX) notification, the Balochistan Glass Ltd (BGL) has received a Notice of Punjab Announcement of...
TPLI’s acquisition of target company approvedÂ
TPLI was launched as a general insurance company, it introduced innovative insurance products using creative marketing tactics in Pakistan