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BUSINESS
PSX Reaches New Heights with 100,000 Transactions
Karachi (Newsman): The previous week, the Pakistan Stock Exchange (PSX) achieved a historic milestone: It finished at 101,357, up 3.6%, surpassing the 100,000-point mark.
The market experienced a 3,500-point drop and heavy selling…
Pakistan Faces Increase in LPG Prices Again
Islamabad (Newsman): There will be a price hike for Liquefied Petroleum Gas (LPG) in December, according to the Oil and Gas Regulatory Authority (OGRA).
By the latest announcement, the price of LPG per kilogram has increased by Rs 1.32…
Strengthening Trade: Jam Kamal Khan’s Vision for Pakistan and Ethiopia
Bilateral collaboration was the main topic of discussion to guarantee the success of the upcoming Single Country Exhibition in Addis Ababa, set for May 2025.
Turkey Offers Development Insights to Boost Pakistan’s Economy
Islamabad (Newsman): Mr. Erfan Neziroglu, the ambassador of Turkey to Pakistan, called on Abdul Aleem Khan, the Federal Minister for Communications, Privatization, and Board of Investment, and stated that the conditions between us are…
Kot Addu Power Offers 120 MW at 71% Discount for K-Electric
KARACHI, November 29, 2024: Kot Addu Power Company, Pakistan's largest power plant, has submitted a bid to supply 120 MW of electricity for K-Electric's solar project in Karachi at a rate of PKR 9.83 per unit.
This offer, which is 71%…
Carpet Manufacturers Seek Relief from Tariffs in Meeting with Commerce Minister
Islamabad, Thursday, 28th November 2024 – The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) met with Federal Minister for Commerce, Jam Kamal Khan, to request relief from customs tariffs that are adversely impacting the…
CCP approves merger of Millat Equipment Limited with Millat Tractors Limited
ISLAMABAD, November 28: The Competition Commission of Pakistan (CCP) has granted approval for the merger of M/s. Millat Equipment Limited (MEL) with M/s. Millat Tractors Limited (MTL) under a Scheme of Arrangement sanctioned by the Lahore…
PSX Hits Record High as KSE-100 Crosses 100,000 Points
KARACHI, November 28, 2024: The Pakistan Stock Exchange (PSX) hit a historic milestone on Thursday, as the KSE-100 Index soared past the 100,000-point mark for the first time, closing at a record high of 100,346.50 points.…
PSX Experiences Growth as Political Issues Subside
Karachi (Newsman): As political tensions in the capital subsided after Pakistan Tehreek-e-Insaf (PTI) said it would halt its three-day protest in Islamabad, the Pakistan Stock Exchange (PSX) saw a robust gain on Wednesday.
The action…
Finance Minister Meets IASB Delegation to Strengthen Financial Reporting
ISLAMABAD, November 26, 2024: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with a delegation from the International Accounting Standards Board (IASB) on Monday to discuss the advancement of financial…