Pakistan’s food companies post 23% profitability growth in CY22 March 7, 2023 KARACHI: Pakistan’s listed food companies’ annual revenues have expanded by 34% YoY, which analysts believe is a result of higher unit prices. To recall,…
Pakistan Stock Exchange’s benchmark KSE-100 Index profitability grows by 12% March 7, 2023 KARACHI, PAKISTAN: The bottom-line profitability of Pakistan Stock Exchange (PSX) benchmark KSE-100 index grew by 12% YoY in 1HFY23 to Rs522 billion. Index heavyweight,…
Pakistan Petroleum Limited clinches Corporate Philanthropy Award March 7, 2023 KARACHI, PAKISTAN: Pakistan Petroleum Limited (PPL) has once again been adjudged as one of the largest corporate givers by volume of donations for 2020-21…
SECP proposes Shariah Governance Regulations 2023 March 3, 2023 ISLAMABAD, PAKISTAN: The Securities and Exchange Commission of Pakistan (SECP) has issued draft Shariah Governance Regulations, 2023, primarily to remove bottlenecks in product development…
Sindh Engro and Power Cement sign MoU to blend Thar coal in cement manufacturing January 25, 2023 KARACHI, PAKISTAN: Sindh Engro Coal Mining Company (SECMC) and Power Cement has signed a memorandum of understanding (MOU) for a trial run of Thar…
Pakistan Stock Exchange (PSX) launches Public PRIDE, one-stop solution focused on investors December 12, 2022 KARACHI, PAKISTAN: After implementing the PRIDE system, which automated the listing process for debt and equity issues, Pakistan Stock Exchange (PSX) has gone live…
Roshan Equity Investment launched at PSX October 28, 2022 KARACHI, PAKISTAN: The capital market entities, banks and State Bank of Pakistan (SBP) marked the launch of the Roshan Equity Investment (REI), a product…
Paymob and PAFLA Sign MOU to Fuel Growth in Pakistan’s Freelance Market October 7, 2022 KARACHI, PAKISTAN: Paymob and Pakistan Freelancers Association (PAFLA) signed a memorandum of understanding (MOU) to facilitate payments acceptance for freelancers in Pakistan. The MOU…
Paymob signs up with integrated virtual care platform, medIQ October 2, 2022 ISLAMABAD, PAKISTAN: Paymob has signed a memorandum of understanding (MoU) with medIQ Smart Healthcare, Pakistan’s first integrated virtual care platform, to drive financial inclusion…
PSX launches digitised listing process September 26, 2022 KARACHI, PAKISTAN: In a revolutionary move forward, Pakistan Stock Exchange (PSX) has digitised the process of listing through an online portal called PRIDE, i.e….