May 29, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
After breaking its five-day downward streak yesterday, gold price in Pakistan has once again entered the red zone, with the price of 24-karat gold. Read more
Pakistan Customs has successfully completed business process mapping of its core functions during the first five months of the World Bank-funded project. Read more
The start date of the book closure of Al-Abbas Sugar Mills Limited (PSX: AABS) and Altern Energy Limited (PSX: ALTN) has been changed to May 30, 2024. Read more
Pakistan’s Finance Minister, Muhammad Aurangzeb, apprised the US Ambassador to Pakistan Donald Blome of potential investments from investors in. Read more
The Federal and Khyber Pakhtunkhwa Governments have agreed to jointly work to overcome power losses and recover areas, according to the Information. Read more
Pakistan’s new government is hoping to inject some fresh momentum into projects that fall under China’s Belt and Road Initiative. Read more
The State Bank of Pakistan (SBP) and Pakistan Stock Exchange (PSX) will remain closed on May 28, 2024 (Tuesday) being public holiday. Read more
To ensure smooth supply of urea fertilizer for Kharif season, the Economic Coordination Committee (ECC) of the Cabinet on Monday allowed Sui Northern. Read more
The FBR Directorate General of Customs Valuation Karachi has fixed new customs values on the import of “Skimmed Milk Powder and Instant Milk Powder”. Read more
The benchmark KSE-100 index ended Monday’s trading session at 75,517.49 showing a decrease of 465.55 points or 0.61%. Read more
The Pakistani rupee (PKR) depreciated by 9.03 paisa against the US dollar in Monday’s interbank session as the currency settled the trade at PKR 278.3. Read more
Foreign investors ‘ repatriation of profit and dividends rose 250.13% YoY in 10MFY24 to $887.1 million compared to $253.36m worth of repatriation in the. Read more
Seven desks have been established under the Special Investment Facilitation Council to attract investment from Saudi Arabia, UAE, Qatar, China. Read more
The domestic bullion market has witnessed a rebound from the losses of the past week, with the price of 24-karat gold rising by Rs800 to Rs240,800 per tola. Read more
In a major initiative to expand Electric Vehicle (EV) infrastructure in Pakistan, the Hashoo Group and Dewan Motors Private Limited are collaborating. Read more
Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) recorded an increase of 797.2% YoY in its profits for year ended March 2024. Read more
Khyber Pakhtunkhwa’s budget for the upcoming fiscal year 2024-25 shows proposed Domestic Debt receipts of Rs31.3 billion among the capital inflows. Read more
Most Asian markets rose on Monday, tracking a bounce on Wall Street at the end of a painful week for investors. Read more
Oil prices steadied following their largest weekly decline in four weeks, with attention now turning to the upcoming OPEC+ supply meeting scheduled for Sunday. Read more
The Pakistan Tehreek-e-Insaf (PTI) led Khyber Pakhtunkhwa government has unveiled its budget of Rs1.75 trillion for the upcoming fiscal year 2024-25. Read more
The World Bank’s food price index is expected to decline by 6% in 2024 and an additional 4% in 2025, as stated in a recent. Read more
Fiscal policies to increase tax revenues and financial management systems to spend them are inextricably linked and to improve funding for development. Read more
Regassified Liquefied Natural Gas (RLNG) prices for May 2024 have been raised by up to 6.16% for Sui Northern Gas Pipelines Limited (SNGPL) and 6.49%. Read more
Pakistan Credit Rating Agency Limited (PACRA) has downgraded the entry ratings of National Refinery Limited (PSX: NRL) to “AA” for long term and “A1” for. Read more
The Emir of Kuwait, Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, and the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, have accepted Prime Minister. Read more
The Punjab Government will provide updated information about the housing schemes in Punjab to the Competition Commission of Pakistan (CCP) to facilitate. Read more
Refinancing risk is growing for global debt purchasers as their debt capital market access becomes less reliable, and due to challenges in executing. Read more
Federal Minister for Planning and Development, Professor Ahsan Iqbal has articulated the government’s vision to provide a digital platform to the youth. Read more
Meezan Bank, Pakistan’s leading Islamic bank has officially commenced operations of Meezan Exchange Company Limited (MECL). Read more
Federal Minister for Communications, Privatization and Investment Board Abdul Aleem Khan will visit Tajikistan to represent Pakistan. Read more
The treasury management division of the National Bank of Pakistan (NBP) on Monday issued the following exchange rates. Read more
The net purchase of securities for the week ended May 17, 2024 clocked in at Rs9.35bn, as compared to a net purchase worth Rs8.64bn recorded last week. Read more
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Posted on: 2024-05-29T07:08:19+05:00
