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Author: Mrs. Anjum Shahnawaz

Lucky Cement Limited

Lucky Cement wins corporate excellence award

October 28, 2021October 28, 2021Mrs. Anjum Shahnawaz

KARACHI: Lucky Cement Limited has won the Management Association of Pakistan’s Corporate Excellence Award in the Cement Sector category. Noman Hasan, Executive Director of Lucky Cement Limited received the award at the 36th MAP Annual Corporate Excellence Award Ceremony held at a local hotel yesterday. The Corporate Excellence Awards was instituted by MAP in 1982 […]

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Pakistan State Oil

PSO registers 120% growth in quarterly profits

October 28, 2021October 28, 2021Mrs. Anjum Shahnawaz

KARACHI: Pakistan State Oil (PSO) on Thursday announced a massive jump in its quarterly net profit by over 120 per cent for the period ended September 30, 2021. According to consolidated results, the profit of the company surged to Rs11.53 billion for the quarter ended September 30, 2021, as compared with Rs5.22 billion in the […]

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Pakistan International Airlines

PIA incurs loss of Rs42.72 billion in nine months

October 28, 2021October 28, 2021Mrs. Anjum Shahnawaz

KARACHI: Pakistan International Airlines, the national flag carrier, on Wednesday declared a loss of Rs42.72 billion during the first nine months (January – September) of 2021. The losses of the national flag carrier were over Rs40 billion in the same period of the last year. The board of directors of PIA in its meeting on […]

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port activity

PSW to link 27 banks for trade facilitation

October 27, 2021October 27, 2021Mrs. Anjum Shahnawaz

KARACHI: Naveed Abbas, Additional Director and Chief Domain Officer, Pakistan Single Window (PSW) has said that 27 banks will be integrated with the PSW for the facilitation of import and exports. He was addressing at an orientation session organized by Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Wednesday. He said that the facility will […]

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Pakistan Stock Exchange

Stocks gain 623 points amid new trading system halt

October 27, 2021October 27, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market gained 623 points on Wednesday as new trading system suspended for more than two hours. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) ended 45,851 points from previous day’s closing of 45,228 points. Analysts at Topline Securities said that the KSE-100 index rose 1.38 per cent to settle the […]

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PM Army Chief

PM, Army Chief discuss DG ISI selection

October 26, 2021October 26, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: Chief of Army Staff General Qamar Javed Bajwa called on Prime Minister Imran Khan on Tuesday. The meeting was part of the ongoing consultation process between the Prime Minister and Chief of Army Staff about the timing of change of command in ISI and selection of the new DG ISI. During this process a […]

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President Ali Round table

President Alvi orders State Life to pay death insurance

October 26, 2021October 26, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: President of Pakistan Dr. Arif Alvi has order the State Life Insurance Corporation to pay death insurance claims to widows of two different insurance policy holders, The president upheld the orders of the Wafaqi Mohtasib to pay the death insurance claims to the widows of policyholders in two separate cases and rejected the representations […]

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State Bank of Pakistan

SBP issues customers exchange rates for October 26

October 26, 2021December 12, 2023Mrs. Anjum Shahnawaz

Karachi, October 26, 2021: The State Bank of Pakistan (SBP) has provided customers with the official exchange rates for Tuesday, October 26, 2021.

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philip morris pakistan

Philip Morris declares 39% decline in quarterly profit

October 26, 2021October 26, 2021Mrs. Anjum Shahnawaz

KARACHI: Philip Morris (Pakistan) Limited on Tuesday announced a 39 per cent decline in its profit after tax for the quarter ended September 30, 2021. According to financial results shared with the Pakistan Stock Exchange (PSX), the company declared a profit of Rs351 million for the quarter ended September 30, 2021 as compared with the […]

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Pakistan Rupee

PKR continues fathomless journey; dollar hits Rs175.27

October 26, 2021October 26, 2021Mrs. Anjum Shahnawaz

KARACHI: The Pak Rupee (PKR) on Tuesday continued its fathomless journey against the dollar as the foreign currency reached to a new high of Rs175.27. The rupee ended with a decline of 84 paisas to close at Rs175.27 to the dollar from previous day’s closing of Rs174.43 in the interbank foreign exchange market. Currency dealers […]

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