Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 13,339.1 million as of 04-Aug-2023. The break-up of the foreign reserves position is as under: i) Foreign reserves…
75 Development Leadership Award Bestowed upon SECMC
Karachi: Sindh Engro Coal Mining Company (SECMC), in collaboration with China Machinery Engineering Corporation (CMEC), was honored with the 75 Development Leadership Award for its exceptional contributions to the socio-economic…
SECP Releases Promoter Guides in Balochi, Pushto, and Sindhi Languages
ISLAMABAD: The Securities and Exchange Commission (SECP) has taken a significant step to empower potential entrepreneurs, particularly youths from diverse regions, by providing them with an understanding of the process…
Workers’ Remittances in July 2023
Workers’ remittances recorded an inflow of US$2 billion during July 23. • During July 23, remittances decreased by 7.3 percent on m/m basis and by 19.3 percent on y/y basis.…
Lucky Cement Awarded 20th Annual Environment Excellence Award 2023
Karachi: Lucky Cement Limited (psx: LUCK) won the Environment Excellence Award at the 20th Annual Environment Excellence Awards 2023, organized by The National Forum of Environment and Health (NFEH). Lucky…
ANNUAL GENERAL ELECTIONS OF KARACHI CUSTOMS AGENTS ASSOCIATION FORTHE TERM 2023-2024 WILL BE HELD ON 23rd SEPTEMBER 2023 AT KCAA AUDITORIUM
The Managing Committee of Karachi Customs Agents Association has announced KCAA’s Annual General Election (2023-2024) to be held on Saturday the 23rd September 2023 at KCAA’s Auditorium (Head Office), Karachi.…
India’s rice export ban and El Nino drive global prices to 12-year high
Global rice prices have soared to their highest level in almost 12 years, according to the United Nations’ food agency. The Food and Agriculture Organization (FAO) said that India’s rice…
CCP FULLY FUNCTIONAL AFTER ASSUMPTION OF CHARGE BY CHAIRMAN, TWO MEMBERS
ISLAMABAD: The Government of Pakistan appointed four Members of the Competition Commission of Pakistan, namely Dr. Kabir Ahmed Sidhu, Salman Amin, Abdul Rashid Sheikh, and Captain (retired) Saeed Ahmad Nawaz…
SECP standardizes the structure for the issuance of Sukuk
ISLAMABAD: The Shariah Advisory Committee (SAC) of the SECP has approved standardization of the Shariah Structure based on Musharakah (Shirkat ul Aqd) for the issuance of sukuk, along with draft…
Pakistan’s auto sales hit record low in July 2023
Pakistan’s auto sales of local assemblers dropped to a record low of 4,250 units in July 2023, according to provisional data from the Pakistan Automotive Manufacturers Association (PAMA). This represents…