PSX Surge over 1,000 points after MSCI adds 15 more Pakistani companies

PSX Surge over 1,000 points after MSCI adds 15 more Pakistani companies

During Friday’s opening trading hours, the Pakistan Stock Exchange (PSX) increased by 1,000 points to approximately 48,900. After global stock market index provider Morgan Stanley Capital International (MSCI) announced that a record 15 Pakistani listed businesses would be included in its MSCI Frontier Market Index, the market attracted a significant amount of fresh buying from … Read more

SSGC consumers to face gas shortage for around 15 days

SSGC consumers to face gas shortage for around 15 days

ISLAMABAD-Sui Southern Gas Company Limited (SSGC) customers will face a gas shortage for approximately 16 days (August 12-27), as the company’s supplies will be significantly impacted by yearly maintenance and shutdown at the gas field. According to an SSGC spokesperson, the shutdown will cause a 107 mmcfd shortage over the entire Annual Turnaround Plan (ATA) … Read more

Sindh Cabinet Approves Railway Line Project for Transportation of Coal

Sindh Cabinet Approves Railway Line Project for Transportation of Coal

The initiative to construct a 105km railway line connecting the Thar coalfields and Chhor, with the purpose of facilitating the transportation of coal to power plants and cement industries, has been granted approval by the Sindh cabinet. An additional railway track would be constructed to connect Bin Qasim town and Port Qasim, serving the same … Read more

Major disruptions on Southern and Eastern lines for Auckland trains

Major disruptions on Southern and Eastern lines for Auckland trains

Passengers utilizing the train services on the Southern and Eastern lines in Auckland are strongly recommended to explore alternative transportation alternatives in light of substantial interruptions. Late this afternoon, two distinct occurrences transpired, namely a vehicular collision resulting in the impairment of a railway bridge in close proximity to Ellerslie, and a malfunction in the … Read more

Govt to launch Rs1,000 Digital Prize Bonds with Rupees 4 million prize money

Govt to launch Rs1,000 Digital Prize Bonds with Rupees 4 million prize money

The government is poised to implement a new project known as the “Digital Prize Bonds,” which would involve the introduction of Rs1,000 prize bonds. The digital bonds in question will possess a significant monetary value of Rs4 million and will be issued in the form of scripless bonds. According to the published document, the commencement … Read more

beep Pakistan app Govt launches WhatsApp alternative

beep Pakistan app Govt launches WhatsApp alternative

On Monday, the Federal Minister for Information Technology (IT), Syed Amin Ul Haque, introduced ‘Beep Pakistan’, a domestically developed messaging application intended to serve as an alternative to the widely used platform WhatsApp. During the launching ceremony, Haque expressed that this day signifies a significant achievement for Pakistan’s IT industry, as the country’s first communication … Read more