June 03, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Headline inflation is expected to decelerate significantly to around 13.9% YoY in May 2024, pushing real interest rates above 8%. Read more
At the invitation of Chinese leadership, Prime Minister Shehbaz Sharif is undertaking a five-day visit to China from the 4th of next month (June 04, 2024). Read more
Pakistan’s currency, though not registering any gains, has successfully managed to maintain stability against the mighty Dollar for another month. Read more
The State Bank of Pakistan (SBP) is expected to cut its policy rate by 100 basis points (bps) on June 10 as price gains ease. Read more
Pakistan Stock Exchange Limited (PSX) has announced the listing of of International Packaging Films Limited (IPAK) with effect from Monday, June 03, 2024. Read more
After experiencing a rough patch last week, Pakistan’s bullion market saw a slight revival this week as the price of its key benchmark. Read more
Atif R. Bokhari has tendered his resignation as President and Chief Executive Officer (CEO) of Askari Bank Limited (PSX: AKBL). Read more
Federal Minister for Board of Investment, Privatization, and Communications Abdul Aleem Khan, while presiding over a special meeting. Read more
The Minister of State for IT and Telecommunication Shaza Fatima Khawaja on Friday assured the Resident Representative of the International Monetary Fund. Read more
Pakistan has set a GDP growth target of 3.6% for fiscal year 2024-25, according to data released by the Annual Plan Coordination Committee (APCC). Read more
The Oil and Gas Regulatory Authority (OGRA) has decided to reduce the price of petrol by Rs4.74 to Rs268.36 per litre. Read more
The Oil and Gas Regulatory Authority (OGRA) has slashed the price of Liquefied Petroleum Gas (LPG) by Rs3.87. Read more
The Federal Board of Revenue (FBR) has successfully surpassed its revenue target for May in the fiscal year 2023-24 by collecting Rs760 billion. Read more
The benchmark KSE-100 index closed this week at 75,878 showing a decrease of 105 points or 0.1%. Read more
Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, has made further progress in its global retail expansion by completing. Read more
The total money supply circulating within the economy till April 2024 has been recorded at Rs37.24 trillion. Read more
The State Bank of Pakistan (SBP) has decided to set the rate of remuneration for June 2024 on the Special Cash Reserve Account (US$) at 4.33%. Read more
The Federal Board of Revenue (FBR) on Friday informed that a total of 21,870 retailers have been registered under the Tajir Dost Scheme by 30 May. Read more
The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.11% WoW during the week ended May 30, 2024, while the SPI rose 21.4% YoY. Read more
Pakistan and Kuwait have further strengthened their bilateral ties by signing agreements/MOUs in the fields of Industrial Cooperation and Engineering. Read more
Turkey-based fintech Papara has acquired SadaPay, marking a significant strategic expansion into the Middle East and South Asia markets. Read more
The shareholders of Ithmaar, which directly and indirectly through other Group Entities owns 66.7% shares of Faysal Bank Limited (PSX: FBL). Read more
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Posted on: 2024-06-03T06:00:00+05:00
