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BUSINESS
SBP cancels license of M/s Mega Currency Exchange Company for violation of rules
KARACHI: May 8, m2023: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s. Mega
Currency Exchange Company ‘B’ (Pvt.) Limited on account of contraventions of the relevant laws and
regulations.
SBP,…
NEPRA concludes public hearing on KE’s generation tariff petition
ISLAMABAD, May 02, 2023: The National Electric Power Regulatory Authority (NEPRA) concluded its public hearing today on KE’s tariff petition for its existing power generation plants. During the hearing, KE’s leadership shed light on details…
Gold rates cross another peak today in Pakistan
RAWALPINDI : May 1,2023: Gold set yet another peak record in its price in Pakistan market on May 1,2023.
According to Markazi Sarafa Bazar Rawalpindi, gold per tola price for 24 Carat jumped up to Rs 217500 in local market today..…
Friesland Campina Engro Pakistan Limited posts strong financial results for for Q1 of 2023
ISLAMABAD : April 19, 2023:
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for Q1, 2023. The Company reported a revenue of PKR 22,651 million in the first quarter, showcasing 62% topline growth versus last…
Plan to get additional urea production for Kharif season seems in limbo as fertilizer plants are…
ISLAMABAD : April 17, 2023: As Kharif season 2023 is approaching closer , a top level committee assigned the task to increase local urea production is yet to have the first meeting to formulate a strategy to ensure continuous supply of…
Poverty hit Pakistanis paying price of unabated sugar smuggling
LAHORE : April 16, 2023: As Pakistani nation is already bracing with a mutli- dimensional crisis a crisis of sugar shortage is yet waiting to test its patience in very near future.
A team of Pakistan Sugar Mills Association (PSMA)…
SBP to issue commutative coin at 50th anniversary of 1973 constitution
KARACHI: April 13,2023: The constitution of Pakistan, also known as the 1973 constitution, is the supreme law of Pakistan, intended to guide Pakistan's law, political culture, and system. It sets out the state's outline, and serves
to…
Webinar in HR policy conducted by Nutshell, S&P Global : Reimagine , Restructure to retain…
ISLAMABAD, April 10, 2023: S&P Global, in collaboration with Nutshell Group, held a webinar on ‘Career Development: Creating a Path for Employee Growth and Retention,’ recently.
Leading corporate executives and HR experts examined…
SBP makes history; pushes up interest rate to 21 %
KARACHI: April 4,2023: At its meeting today (Tuesday), the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) decided to increase the policy rate by 100
basis points to 21 percent. The MPC noted that inflation in March…
SBP to announce new monetary policy on Tuesday
KARACHI . April 1, 2023: The Monetary Policy Committee of SBP will meet on Tuesday, April 04, 2023 at SBP Karachi to decide
about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a press release on the…
