Category: Business

Business news from Pakistan

Malayisan King stresses for improving socio-economic condition of his people

ISLAMABAD, Jun 7 (APP):Malaysian King Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah on Tuesday called on his country’s leaders and members of the civil service to continue to serve wholeheartedly and to ensure that the socio-economic well being of his people continues to be protected. The King expressed his happiness on seeing people from various races… Continue reading Malayisan King stresses for improving socio-economic condition of his people

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No financial emergency in country: Miftah Ismail

ISLAMABAD, Jun 6 (APP): Federal Minister for Finance and Revenue Miftah Ismail on Monday said the government was out of financial crisis now after raising the petroleum prices twice. In a tweet, he said that Prime Minister Shehbaz Sharif would at some point announce austerity measures to save government expenditures, but there was not any… Continue reading No financial emergency in country: Miftah Ismail

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PSX gains 262 points to close at 41,577 points

ISLAMABAD, JUNE 6 (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 262.33 points, with a positive change of 0.63 percent, closing at 41,577.21 points against 41,314.88 points on the last working day. A total of 189,245,419 shares were traded during the day compared to the trade of… Continue reading PSX gains 262 points to close at 41,577 points

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PSX Joins SSE Initiative

ISLAMABAD, JUNE 6 (APP): The Pakistan Stock Exchange (PSX) has joined the Sustainable Stock Exchanges (SSE) Initiative, a partnership program under the auspices of the UN organised by United Nations Conference on Trade and Development (UNCTAD), the UN Global Compact, United Nations Environment Programme Finance Initiative (UNEP-FI) and the Principles for Responsible Investment (PRI). According… Continue reading PSX Joins SSE Initiative

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CDC ITMinds Limited signs an agreement with Pak Qatar Asset Management Company Limited and Pak Qatar Family Takaful Limited for Back Office service provisioning.

Karachi, 6th June 2022: IT Minds Limited (ITMinds), a wholly owned subsidiary of Central Depository Company of Pakistan Limited (CDCPL), has entered into outsourcing arrangement with Pak Qatar Asset Management Company Limited (PQAMCL) & Pak Qatar Family Takaful Limited (PQFTL) to provide Back Office Accounting Services to PQAMCL & PQFTL. The agreements were signed by… Continue reading CDC ITMinds Limited signs an agreement with Pak Qatar Asset Management Company Limited and Pak Qatar Family Takaful Limited for Back Office service provisioning.

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Govt reduces LPG price by Rs 335 per 11.8-kg cylinder in two months

ISLAMABAD, Jun 05 (APP):The incumbent government, during its first two months, has reduced the price of Liquefied Petroleum Gas (LPG) by Rs 335 per 11.8-kilogram cylinder aimed at extending all possible relief to the common man amid the increased global-inflation scenario. Soon after coming into power in April, the coalition government brought down the price… Continue reading Govt reduces LPG price by Rs 335 per 11.8-kg cylinder in two months

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Pakistan to benefit from Indonesian’s palm oil export: Envoy

ISLAMABAD, Jun 05 (APP):Ambassador of Indonesia to Pakistan, Adam Mulawarman Tugio on Sunday said that Indonesia lifted the global ban on palm oil export from last week and now palm oil supply in Pakistan would be improved. Indonesia is the largest supplier of palm oil to Pakistan as the palm oil would now be available… Continue reading Pakistan to benefit from Indonesian’s palm oil export: Envoy

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