2 years ago Utility Stores Corporation Reports Rs. 2.5 Billion Loss in Past 3 Months The Utility Stores Corporation (USC) has incurred losses of Rs. 2.5 billion over the past three months, reportedly due to
2 years ago Citi Pharma Partners with Indonesia’s Mersi Farma to Revolutionize API Manufacturing and Nutraceutical Market Citi Pharma Limited (PSX: CPHL) has entered into a strategic partnership with Mersi Farma, a leading Indonesia-based pharmaceutical company, to
2 years ago UBL Board Approves Merger With Silkbank Through Share Swap Arrangement The Board of Directors of United Bank Limited (UBL), in its 252nd meeting held on Monday, approved the amalgamation of
2 years ago Banking Sector Advances Surge by Rs. 1.47 Trillion in October to Meet ADR Targets In a bid to meet the Advance-to-Deposit Ratio (ADR) targets set by the banking regulator and avoid penalties, banks in
2 years ago Pakistan’s Trade Deficit Narrows by 18.6% in November 2024 Pakistan’s trade deficit shrank by 18.60% year-on-year (YoY) in November 2024, reaching $1.589 billion, compared to $1.952 billion recorded in
2 years ago Govt to Shut Down 1,000 Loss-Making Utility Stores The federal government has decided to close nearly 1,000 loss-making Utility Stores across the country as part of a major
2 years ago PSX Records Highest Traded Value Since 2017, Closes at All-Time High The Pakistan Stock Exchange (PSX) achieved a significant milestone on Monday, with market activity reaching a 7.5-year high. The benchmark
2 years ago K-Electric Seeks Tariff Hike of Up to Rs. 6 Per Unit, NEPRA to Hold Public Hearing NEPRA is scheduled to hold a public hearing on KE’s application to review the proposed tariff hike. The increase, if
2 years ago NITB Data Finds Irregularities in Rs. 2.77 Billion Wheat Seed Subsidy Data shared by the National Information Technology Board (NITB) has uncovered significant irregularities in the wheat seed subsidy program for
2 years ago Pakistan’s Inflation Drops to 4.9% in November 2024, Lowest in 6.5 Years Pakistan’s Consumer Price Index (CPI)-based inflation slowed to 4.9 percent year-on-year (YoY) in November 2024, marking a significant decline from