Production of Large Scale Industries output decline by 0.44%
Large Scale Manufacturing Industries in the country witnessed a negative growth of 0.44 percent during the first four months of the current fiscal year as compared to the corresponding period of year 2021-22, the Pakistan Bureau of Statistics reported.
Mehfooz
TPL Properties Limited Appoints SSH as Lead Design Consultant on the Mangrove Project
TPL Developments (Private) Limited (TPLD), the development arm of TPL Properties Limited, proudly announces the appointment of renowned design-led architectural and engineering consultancy SSH for the design of the Mangrove, a sprawling 40-acre mixed-use development in Karachi. The project is funded through TPL’s REIT Fund I, which is managed by TPL REIT Management Company Limited.
Editor
Current Account Deficit declines to $1.6Billion in 5 months: SBP
The Current Account Deficit (CAD) has significantly slid down to $1.16 billion during the first five months of current fiscal year as compared to the deficit of $3.26 billion during the same period of last year, State Bank of Pakistan reported.
Adil Aziz
Jubilee Life stands as the sole insurance company in Pakistan to bag the Top 25 Companies Award by PSX
Mr. Farhan Faridi, Group Head, Retail Operations, Marketing and Administration at Jubilee Life Insurance receives the Top 25 Companies Award by Pakistan Stock Exchange from Honorable Prime Minister of Pakistan Anwar-ul-Haq Kakar at a ceremony held at Mohatta Palace, Karachi.
High level Delegation of Telenor, Etisalat Group meets IT minister
A delegation comprising on the heads of Telenor Etisalat Group met with Caretaker Federal Minister for Information Technology and Telecommunication, Dr Umar Saif.
ABHI has been selected as one of the Future 100 companies in the UAE
ABHI, an embedded finance platform, providing innovative finance solutions to businesses and their employees, has been selected as one of the Future 100 companies in the UAE.
SECP’s ‘International InsureImpact Conference 2023’ concludes
The Securities and Exchange Commission of Pakistan hosted the International InsureImpact Conference 2023 on December 13-14. On the conference’s second day, prominent experts and professionals from the insurance and financial sectors discussed crucial issues within the insurance industry to outline a strategic roadmap for the future trajectory of the country’s insurance sector.
Govt wants to transformation in the Insurance sector:Dr Shamshad Akhtar
Federal Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar said Pakistan needs significant transformation in the insurance industry to address its fundamental challenges while catching up with global trends to maximize the value proposition of this industry.
PTCL to buy acquire 100% stake of Telenor Pakistan
Pakistan Telecommunication Company Limited (“PTCL”), part of e& Group (e&), signed a Share Purchase Agreement with Telenor Pakistan B.V. (Telenor) to acquire a 100% stake in Telenor Pakistan (Pvt) Ltd (Telenor Pakistan) based on an Enterprise Value of Rs.108 Billion on a cash free, debt free basis.
Developing Asian Nations 2023 growth outlook upgraded to 4.9%
The Asian Development Bank has raised its economic forecast for developing economies in Asia and the Pacific to 4.9 percent.