MG Morning Breeze: Updates to Skim before Market

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MG News | September 23, 2025 at 09:20 AM GMT+05:00

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September 23, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The Central Power Purchasing Agency (CPPA) is set to formalize crucial agreements on Wednesday, September 24, 2025. Read more

The Pakistan Credit Rating Agency (PACRA) has maintained the entity ratings of Service Industries Limited (PSX: SRVI) at ‘AA’ for the long term and ‘A1+’ for the short term, with a stable outlook. Read more

Citi Pharma Limited (PSX: CPHL) is planning to establish a new manufacturing facility in Iraq, marking a significant expansion into the Middle Eastern market. Read more

Pakistan and the United States have explored opportunities to enhance regional connectivity through Pakistan Railways, focusing on partnership, investment, and employment prospects. Read more

China has expressed readiness to enhance cooperation with global partners in the manufacturing sector, focusing on key areas such as technology, talent, data and green development. Read more

The Securities and Exchange Commission of Pakistan (SECP) has proposed a key amendment to the Companies Act, 2017. Read more

The Pakistani rupee (PKR) gained 0.73 paisa against the US dollar in Monday's interbank session to settle the trade at PKR 281.45 per USD, compared to the previous closing of 281.46. Read more

The benchmark KSE-100 Index concluded Monday's trading session at 157,554.66, showing a decrease of 482.71 points or 0.31%. Read more

Startups incubated at the National Incubation Center (NIC) Hyderabad have generated more than Rs1bn in revenue in just three years. Read more

Pakistan's power sector circular debt stood at Rs1.661 trillion as of July 2025, representing a significant 29.3% decrease from Rs2.351tr recorded in July 2024, according to data compiled by Arif Habib Limited, citing Ministry of Energy sources. Read more

The announcement of the Pakistan-Saudi Arabia Strategic Mutual Defence Agreement marks a significant milestone in the ties between these two Muslim nations. The agreement reflects a deep, long-standing fraternal bond and represents an effort to deepen security cooperation amid an evolving and uncertain regional security landscape, especially following shifts in traditional power dynamics since October 2023. Read more

Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs393,700 per tola, up Rs3,400. Read more

The Securities and Exchange Commission of Pakistan (SECP) has published a set of Frequently Asked Questions (FAQs) to provide clarity and support regarding the mergers, amalgamations, winding up, and revival of companies. Read more

The Securities and Exchange Commission of Pakistan (SECP) has issued a notification to seek comments on proposed amendments to the Companies (Further Issue of Shares) Regulations, 2020 (the “Regulations”). Read more

Pakistan is participating in the segment of the 80th Session of the United Nations General Assembly (UNGA) in New York, with Prime Minister Muhammad Shehbaz Sharif leading the delegation. Read more

Lucky Investments Limited (“Lucky Investments”) has crossed Rs 100 Billion ($ 350 Million) in Assets Under Management (AUMs) in under six months of launch of its first fund in April 2025. Read more

Countries worldwide are considering stronger trade protection measures in response to the U.S. decision to sharply raise tariffs on steel imports, according to Fitch Ratings. Read more

Billions in remittances sent by Overseas Pakistanis are not just sustaining Pakistan’s economy but also shaping the country’s global image, earning them praise as the true lifeline of the nation. Read more

Merit Packaging Limited (PSX: MERIT) has released its financial results for the year ended June 30, 2025, showing a steep decline in performance that resulted in a substantial net loss of three times the previous year. Read more

Sitara Chemical Industries limited (PSX:SITC) has shared its financial results for the year ended June 30, 2025 and revealed that the company’s profit for the year surged by a remarkable 60.4%, driven by improved operational efficiency and a decrease in finance costs. Read more

The Organic Meat Company Limited (PSX: TOMCL) has successfully negotiated and entered into a new export contract of $8.1 million with Gold Crest Trading FZE, UAE, for the export of frozen boneless beef for industrial and household processing to the United Arab Emirates (UAE). Read more

The International Mediation & Arbitration Centre (IMAC), in collaboration with ADR-ODR International, has successfully concluded a six-day internationally accredited Civil and Commercial Mediation Training Programme in Islamabad, aimed at building capacity among judges, lawyers, government officers, academicians, and business professionals across Pakistan. Read more

Bestway Cement Limited (PSX: BWCL) is set to invest up to Rs4 billion in equity and extend a shareholder loan of up to Rs6bn to establish a wholly-owned subsidiary in Pakistan's automobile sector, according to the Company's filing on PSX revealed today. Read more

Copyright Mettis Link News

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