Web Desk, Author at Pakistan Newswire

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Digital Turbine, Inc. Investors With Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action – APPS

Web DeskJuly 4, 2022

NEW YORK, July 03, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Digital Turbine, Inc. (NASDAQ: APPS) between August 9, 2021 and May 17, 2022, both dates inclusive (the “Class Period”), of the important August 5, 2022 lead plaintiff deadline. SO WHAT: If […]

Government & Politics

SBP May Further Hike Interest Rate by up to 100 BPS

Web DeskJuly 4, 2022

The State Bank of Pakistan (SBP) will likely raise the interest rate by up to 100 basis points (bps) in the upcoming Monetary Policy Committee (MPC) meeting scheduled for July 7 (Thursday).The previously recorded highest interest rate was 14 percent, h…

Government & Politics

Govt to Continue Targeted Subsidy on Five Essentials Items for One Year

Web DeskJuly 4, 2022

In an effort to provide relief to the public, Prime Minister Shehbaz Sharif has given the go-ahead to continue the targeted subsidy on five essential items for the fiscal year 2022-23 (FY23).The targeted subsidy on wheat flour, sugar, ghee/edible oil, …

Industry

Proton Holdings Records Highest Exports Ever Thanks to Pakistan

Web DeskJuly 4, 2022

Proton Holdings has recorded the highest rise in exports in its history, with Pakistan being its biggest market. According to its sales figures for H1 CY2022, the company sold 60,124 units from January to June, recording an increase of 3.9 percent year…

Industry

Cement Sales Decline by 8% in FY22

Web DeskJuly 4, 2022

The total cement sales (domestic and exports) stood at 52.89 million tons during the fiscal year 2021-22 (FY22) which is 7.91 percent lower than 57.43 million tons during the last fiscal year.The domestic uptake during FY22 reduced by 1 percent to 47.6…

Industry

The Value of Introducing 3D Virtual Tours in Real Estate

Web DeskJuly 4, 2022

Over the past few years, the real estate industry has expanded rapidly in Pakistan due to a number of factors. For instance, the demand for houses for rent in Karachi has increased because the city has become a hub of opportunities for many young profe…

Industry

Pakistan’s Textile Exports Surge to Over $19 Billion in FY22

Web DeskJuly 4, 2022

Pakistan’s textile exports increased by 25.5 percent during the fiscal year 2021-22 (FY22) and stood at $19.35 billion compared to $15.42 billion in the fiscal year 2020-21 (FY1).The textile exports increased by 4.2 percent on a year-on-year (YoY) basi…

Industry

SBP Adopts 4 More AAOIFI Shariah Standards for Islamic Banking Industry

Web DeskJuly 4, 2022

The State Bank of Pakistan has adopted four additional Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Shariah standards to further enhance Islamic Banking in the country.Strengthening Shariah compliance in the Islamic …

Press Releases

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages CareDx, Inc. Investors With Losses Exceeding $100K to Secure Counsel Before Important July 22 Deadline in Securities Class Action – CDNA

Web DeskJuly 3, 2022

NEW YORK, July 03, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of CareDx, Inc. (NASDAQ: CDNA) between February 24, 2021 and May 5, 2022, both dates inclusive (the “Class Period”), of the important July 22, 2022 lead plaintiff deadline. SO WHAT: If you […]