Local pet food: A rising industry

ISLAMABAD: According to a Pakistan Stock Exchange (PSX) notification issued on April 18, the Organic Meat Company Limited (TOMCL) has successfully secured...

Suzuki suffers historic loss in first quarter of 2023: Largest in 16 years

Company ended first quarter of 2023 with final loss of Rs12.9b

Standard Chartered Pakistan partners with British Int’l investment to expand microfinance lending

Standard Chartered and BII enter a $40m risk-participation agreement through which BII will cover 50% of bank's risk on local currency loans to microfinance sector

Over 500,000 MT steel being smuggled from Iran, Afghanistan annually

Aggrieved, the steel industry approaches PM to stop large scale smuggling

Big industry output contracts by 11.59% in February

LSM output dips 5.56% YoY during July-February

Avanceon and ZOMCO sign JV to expand presence in Saudi Arabia

JV will complement the companies respective expertise and experience to gain ground within the system integration and automation space in the region

Staff level agreement with IMF still awaited

IMF looks forward to obtain necessary financing assurances to pave way for completion of 9th EFF review

IPP’s warn of impending power crisis due to forex shortfall 

The country’s power sector is on the brink of crisis with payments worth $710 million due

FBR let’s ACD and RD on imported vehicles lapse

FBR has quietly let the duties on imported vehicles to lapse on March 31, and not renew them

Hallmark Company Ltd. sells all shares to Supernet Infrastructure Solutions (Pvt) Ltd.

After flogging a dead horse for almost four decades, Hallmark’s rocky journey finally comes to an end and not a great one

PIA adds third African destination to its catalogue with Nairobi 

Flight will be operated through codeshare agreement with Flydubai 

The BoP is considering transitioning to Islamic Banking. But why?  

The decision to convert banks from conventional to Islamic-based operations has been influenced by various factors, including the pent-up demand for Islamic banking and rulings by the Shariat Federal Court.

The only thing worse than Pakistan’s foreign reserves is its savings reserves  

With inflationary pressures, it’s becoming difficult for households to save money, but the big investors had given up way before

Startup space continues to hollow out as Trella set to exit Pakistan

Without a whisper, the trucking startup has decided extricate itself from Pakistan

Explainer: What do FBR’s proposed amendments mean for tourists and their vehicles? 

If approved, amendments will lead to greater oversight of vehicles temporarily imported by tourists