ICI Pakistan suspends production

KARACHI: ICI Pakistan Limited on Thursday announced temporarily closing down its polyester plant and office locations due to measures taken by the government to contain coronavirus. In a notice sent to Pakistan... Read more »

SECP announces relief for corporate sector to dilute coronavirus impact

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) on Wednesday announced regulatory relief for corporate sector in order to dilute impact of coronavirus. The SECP said that considering the gravity of the... Read more »

Attock Refinery warns complete shut down on lower uplifting

KARACHI: Attock Refinery Limited has warned complete shut down within one week in case production uplift not improved. In a communication sent to Pakistan Stock Exchange (PSX), the company informed the situation... Read more »

Philip Morris suspends operations

KARACHI: Philip Morris (Pakistan) Limited, a tobacco manufacturing company, has announced to suspend operations for indefinite period due to spread of coronavirus. In a letter to Pakistan Stock Exchange (PSX) on Tuesday,... Read more »

Shanghai Electric allows to make offer for K-Electric till June 26

KARACHI: Securities and Exchange Commission of Pakistan (SECP) has granted extension of 90 days to make public announcement of offer by Shanghai Electric Power Company Limited to acquire shares of K-Electric. In... Read more »

Pirani appointed CEO Pak-Qatar Family Takaful

KARACHI: Pak-Qatar Family Takaful has announced appointment of Azeem Iqbal Pirani as its new Chief Executive Officer (CEO) effective March of 2020. Read more »

Pak Suzuki stops factory, sales operations

KARACHI: Pak Suzuki Motors Company Limited on Tuesday announced to stop operations in compliance with the government efforts to contain spread of coronavirus epidemic. Read more »

Engro chemical halts production on coronavirus lockdown

KARACHI: Engro Polymer and Chemical on Tuesday announced halt of production facility at Port Qasim owing to lockdown to contain spread of coronavirus. Read more »

Philip Morris declares Rs2 billion after tax loss

KARACHI: Philip Morris Pakistan, the leading cigarette manufacturer in the country, has declared after tax loss of around Rs2 billion for year ended December 31, 2019. Read more »

Byco Petroleum announces setting up diesel hydro de-sulphurising unit

KARACHI: Byco Petroleum Pakistan Limited has announced to set up a diesel hydro de-sulphurising unit and a fluid catalytic cracking unit with the facilitation from Byco Industries Incorporated. Read more »