Recent Posts

BF Biosciences Limited Seeks Listing on PSX with Rs1.37 Billion IPO

BF Biosciences Limited (BFBL), a prominent player in the pharmaceutical sector, is preparing for a significant move by applying for a listing on the main board of the Pakistan Stock Exchange (PSX). The company aims to raise a minimum of Rs1.37 billion through its Initial Public Offering (IPO), offering 25 million shares to institutional, high net worth, and individual investors. …

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Pakistan’s Energy Ministry Advances Reforms Amidst High Electricity Prices and Circular Debt

Energy Minister Awais Leghari announced significant reforms aimed at modernizing Pakistan’s energy sector, including the operationalization of an energy exchange platform. This move is designed to allow power plants to sell electricity directly to buyers, potentially reducing reliance on the national grid and addressing current challenges like high electricity prices and extensive circular debt. Speaking to the Senate Standing Committee …

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BOJ Deputy Governor Signals Caution on Interest Rate Hikes Amid Market Volatility

Shinichi Uchida, Deputy Governor of the Bank of Japan (BOJ), has signaled that the central bank will refrain from increasing interest rates while market conditions remain unstable. Uchida’s comments, made on Wednesday, contrast with the recent hawkish stance of BOJ Governor Kazuo Ueda, who last week surprised markets with an unexpected interest rate hike. Uchida’s remarks came amid sharp market …

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