Business
Daraz launches Pakistan Day Sale
Karachi, March 16, 2021: Daraz launches its first mega sale of 2021 on the occasion of Pakistan Day, with leading brands and local sellers. The platform has an assortment of 15 million products across 100+ categories, providing its users all kinds of products at the tip of their fingers through the Daraz App. With more…
SECP warned of investment in fraudulent schemes
Islamabad, March16, 2021 : The Securities and Exchange Commission (SECP) has warned of investment in fraudulent schemes. With an aim to promote protection of investors and the public interest, SECP regularly issues warnings and alerts, guiding the general public to refrain from investing in fraudulent investment schemes that promise hefty profits and unrealistic returns. As…
Shipping companies increases container cargo frieght
Karachi, March 16, 2021: Federal B Area Association of Trade and Industry has expressed concern over the 700 per cent increase in the cost of transporting container cargo around the world, including Pakistan, due to the dramatic increase in imports. President Fabati Muhammad Ali said that international freight costs have increased by 500 to 70,000…
KSE 100 close increase of 90.47pts
Karachi, March 16, 2021: The market witnessed a volatile session today with the KSE 100 Index printing an intra-day high of 144 points and an intra-day low of -221 points to eventually close the day at 44,843 (up 90.47 points or +0.20 percent ). Investors remained on the sidelines with focus on political noise, high…
LSM posts 9.13 pc in January
Islamabad, March 16, 2021: The Large Scale Manufacturing Industries (LSMI) production grew by 9.13 percent on year-on-year basis during the month of January 2021 as compared to the corresponding month of last year, Pakistan Bureau of Statistics (PBS) reported Tuesday. The LSMI Quantum Index Number (QIM) was recorded at 175.15 points during January 2021 against…