Citi Pharma to raise up to Rs2.8 billion in IPO
Leading manufacturer of paracetamol is raising money to fund capacity expansion: Karachi: Pakistan-based Citi Pharma Ltd is planning to raise up to Rs2.8 billion by offering a 35 per cent…
Pakistan Customs, Tax, Shipping & Business News Resource
Leading manufacturer of paracetamol is raising money to fund capacity expansion: Karachi: Pakistan-based Citi Pharma Ltd is planning to raise up to Rs2.8 billion by offering a 35 per cent…
Karachi: Pakistan Kuwait Investment Company (Private) Limited (PKIC) announces that it is making an equity investment of PKR 500 million in Planet N (Private) Limited. This is the largest equity…
Karachi (PR): Mian Nasser Hyatt Maggo, President FPCCI, has expressed his satisfaction on his efforts being fruitful in getting FBR to establish National Single Window for the convenience of Pakistani…
The State Bank of Pakistan released its Second Quarterly Report on The State of Pakistan’s Economy for the fiscal year 2020-21 today. The report highlights the strengthening of the economic…
ISLAMABAD: In continuation with its efforts to promote digitization and broaden investor base in the Non-Banking Finance Services, the Securities and Exchange Commission of Pakistan (SECP) has issued guidelines on…
In order to provide further support to the development of real estate sector, State Bank of Pakistan (SBP) has amended its capital adequacy regulations by significantly lowering the applicable risk…
Karachi: Meezan Bank, Pakistan’s Premier Islamic bank has been presented the certificate of approved ‘Training Organization Outside Practice’ (TOoP) by Institute of Chartered Accountants of Pakistan (ICAP); making it the…
ESPL, one of the world’s largest esports firms, has partnered with REDtone Digital Services (RDS), to bring electronic gaming to Pakistan. By focusing on grassroots tournaments, they will be bringing…
KARACHI: Reliance Petrochem Industries has secured a $145 million export order from Europe for petrochemicals made in Pakistan and already dispatched the first shipment. “First time in history ‘Made in…
Karachi (PR): Mian Nasser Hyatt Maggo, President FPCCI, has expressed his satisfaction over his successful meeting with Consul General of Korea in Karachi, H.E. Kim Haksung; where issues of bilateral…
ISLAMABAD: In continuation of its efforts for creating an enabling eco-system to improve capital formation in the country, the Securities and Exchange Commission of Pakistan (SECP), in coordination with Pakistan…
MoU signing ceremony was held between Centre for Excellence in Islamic Finance (CEIF), IBA and HABIBMETRO Bank – SIRAT on Monday, May 24, 2021 at City Campus, IBA CEIF. MoU…
At its meeting on 28th May 2021, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. Since its last meeting in March, the MPC was…
The total liquid foreign reserves held by the country stood at US$ 23,015.9 million on 21-May-2021. The break-up of the foreign reserves position is as under: – Foreign reserves held…
Karachi – Leyjao.pk has captured the hearts of millions of Pakistani beauty shoppers ever since it upped its beauty offerings in 2020. Beauty and apparel are the two categories of…
In order to facilitate the startup companies in raising financing from abroad, State Bank of Pakistan has allowed them to avail loans as “Convertible Debt”. Convertible debt is a type…
The Centre for Excellence in Islamic Finance, IBA is conducting an online course on Islamic Finance for Ulama & Shari’ah Scholars to provide in-depth understanding of Islamic Financing, Economic &…
Mobilink Microfinance Bank Limited (MMBL) has been recognized as Pakistan’s largest microfinance bank in terms of growth in borrowers and savers during the first quarter of the financial year 2021.…
Karachi: PayFast, the indigenous payments solution by APPS,is now the first payment gateway in the country to receive a commercial license from the State Bank of Pakistan (SBP) under its…
Ministry of Federal Education & Professional Training, Islamabad, Pakistan: As the pandemic spread across globally, schools all over the world were challenged with an unprecedented dilemma. Educational institutions became potential…