Economy
UN Resident Coordinator Mohamed Yahiya Meets Commerce Minister to Discuss Sustainable Trade Growth in Pakistan
Islamabad: 20, September 2024, Mr. Mohamed Yahiya, Newly Appointed United Nations Resident and Humanitarian Coordinator (UNRHC) called on the Federal Minister for Commerce on 20th September 2024. He was accompanied by representatives from the UNRHC office, the United Nations Industrial Development Organization and the International Trade Centre. UN Resident and Humanitarian Coordinator briefed the official…
TPL Corp to acquire FINCA Microfinance Bank Limited
KARACHI, September 20, 2024: TPL Corp Limited (“TPL”), TPL and Abhi (Private) Limited have jointly entered into a Share Purchase Agreement to acquire FINCA Microfinance Bank Limited. Following Sections 96 of the Securities Act, 2015 and Clause 5.6.1(a) of the Rule Book of the Pakistan Stock Exchange Limited, TPL Corp has informed that on the…
Reaching rice export trade upto $4 billion is encouraging, Rice cell will be established in Governor house
This statement was given by Mr. Muhammad Kamran Khan Tessori, Hon. Governor Sindh while presiding 16th Export Awards Ceremony of Rice Exporters Association of Pakistan (REAP) at Sindh Governor’s House on Saturday 7th September, 2024. He extends his appreciations to Rice Exporters for achieving 4$ Billion mark in FY 2023-24. He also announced his recommendations…
Pakistan’s weekly inflation rate falls to 14%
The Sensitive Price Indicator (SPI) recorded a further drop of 0.15% in weekly inflation for all consumption groups, citing the Pakistan Bureau of Statistics (PBS). The SPI for the combined consumption group fell to 14% during the past week, a 0.15% decrease compared to the same week last year. Of the 51 items tracked, prices…
PSX gains 138 points
Islamabad, August 30, 2024: The 100-Index of the Pakistan Stock Exchange (PSX) continued with Bullish trend on Friday, gaining 138.55 more points, showing a positive change of 0.18 percent, closing at 78,488.22 points against 78,349.66 points on the last working day. A total of 680,810,524 shares were traded during the day as compared to 599,820,775…