Beijing: The flag raising ceremony was held today at the Pakistani embassy, Beijing to celebrate Pakistan Day. The ceremony was attended by embassy officials and their families, and members of Pakistani society. A press release says that Ambassador Khalil Hashemi raised the national flag to the tone of the national anthem that he played on … Read more
“The Bayers”, “Moana 2” and the Holiday Hits like “MUFASA: The Lion King” raised the quarterly profits at Amc Entertainment. Revenue in the largest film series in the world amounted to $ 1.3 billion, an increase of more than 15 % of 1.1 billion dollars in the previous period. AMC losses narrowed from $ 182 … Read more
The process of building books for Freisian Aruis Barks Limited (BFAL) was concluded by the IPO with an increase in subscription 16.25 times, which represents a historical moment on the Pakistani Stock Exchange (PSX). The demand for investors reached 14.25 billion rupees, which significantly exceeds 1.23 billion rupees. The public subscription attracted a strong participation … Read more
Barkat Frisian Agro Limited, a joint venture between the Pharisee Egg Group, based in the Netherlands and the Bochsh Group in Pakistan, has witnessed that its share price of 18.20 rupees per share on the first day of its Dutch auction on the Pakistani Stock Exchange (PSX) on Monday . The company successfully collected 1.23 … Read more
The salary category has emerged as the largest contributor to the income tax in Pakistan, with its payments increased by more than 300 % compared to exporters in the first half of the current fiscal year, according to a news report. Official data reveals that the Federal Revenue Council (FBR) collected 243 billion rupees of … Read more
MOL Pakistan’s gas sale deal with Universal Gas Distribution Company Ltd (UGDCL) from the newly developed Razgir field has drawn criticism from its joint venture partners and other private gas distribution companies, who claim that the gas sale bypassed the mandatory competitive bidding process. dawn I mentioned. This is the first deal of its kind … Read more
The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in gas prices for the current financial year, with separate adjustments for Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC). Under the requirement set by the International Monetary Fund (IMF) for timely notification of gas tariffs. According to media reports, … Read more
Pakistan’s IPO market witnessed a strong recovery in 2024, with five IPOs raising PKR 8.4 billion, reflecting renewed investor confidence amid improving economic conditions. According to a report by Arif Habib Limited, key economic indicators such as downward inflation trend, monetary easing, stable currency and $7 billion IMF Expanded Financing Facility have collectively created a … Read more