Karachi, August 19, 2019: Pakistan auto sales have witnessed the significant decline of 29 percent YoY for July -19 which is mainly attributable to, continuous trend of hike in auto prices in the range of (9-40 percent) in last 12 months and FED implied in the budget for FY20 & increase in fuel cost. The…
Karachi, August 19, 2019: In pursuance of the announcement by the Government of Sindh, a NED University campus under the name of Thar Institute of Engineering, Sciences and Technology (TIEST) is being set up in Islamkot, Tharparkar, which will start its Bachelors of Computer Science program from this year. In this regard, a Memorandum of Understanding…
Karachi, August 19, 2019: Realme powered by Oppo, the fastest growing smartphone brand in Pakistan, Bags the award for ‘Most Popular brand’ at second Annual Daraz Summit. This Award by Daraz, Pakistan’s leading online marketplace Highlights brand’s contributions to the E-Commerce ecosystem over the past year. Realme accomplished tremendous growth records by creating flash sales and primarily selling…
Karachi, August 19, 2019: Imported coal prices in Pakistan track the South African Richard’s Bay Index which has displayed weakness recently. Prices have come down under USD 60/ton, (at USD 59.55/ton at present), by 45percent from a one year high of USD 109.05/ton (Jul’18). According to a research report, pertinently, waning demand from the largest export…
Karachi, August 19, 2019: Bank Alfalah Limited (BAFL) announced earnings on Monday for the first half of Current Year (1HCY19) below expectations at Rs 6.5 billion (EPS: PKR 3.63), depicting a YoY uptick of 4 percent. According to Arif Habib Research on a sequential basis (EPS: PKR 1.84) the bank posted a meagre 3 percent QoQ…