MediaLine Pakistan

Credible News from Pakistan!

Day: May 21, 2023

Press Releases

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Texas Capital Bancshares, Inc. Investors to Inquire About Securities Class Action Investigation – TCBI

NEW YORK, May 20, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Texas Capital Bancshares, Inc. (NASDAQ: TCBI) resulting from allegations that Texas Capital may have issued materially misleading business information to the investing public. SO WHAT: […]

Press Releases

ROSEN, LEADING INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation – CVCO

NEW YORK, May 20, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially misleading business information to the investing public. SO WHAT: If you […]

General

Sri Lanka To Investigate Death Of Migrant Worker In Singapore

The Sri Lanka Bureau of Foreign Employment (SLBFE), has initiated an investigation into the death of a migrant worker in Singapore, Minister of Labour and Foreign Employment, Manusha Nanayakkara, told media yesterday.The minister said that, a worker fr…

Affairs

PITB Launches Bizlinks Initiative in Collaboration with Tech Industry

Partnering with the tech leaders in the private sector to improve the digital footprint of Pakistan and IT exports is the underlying spirit behind the Punjab Information Technology Board’s (PITB) latest initiative, ‘BizLinks’.The initiative is a major…

Affairs

Pakistan’s Petroleum Group Imports Down 60% in April

The country’s petroleum group imports witnessed a negative growth of 17.96 percent during the first 10 months (July-April) of the current fiscal year 2022-23 (FY23) and stood at $13.974 billion compared to $17.033 billion during the same period of las…

Affairs

CCP Allowed to Proceed with Inquires in Deceptive Marketing Cases

The Lahore High Court, Multan Bench, has granted authorization to the Competition Commission of Pakistan (CCP) to recommence proceedings in three cases involving allegations of Deceptive Marketing Practices.This decision comes as a result of the court…

Affairs

Pakistan Tobacco Company Slashes Production as Sales of Illicit Cigarettes Grow

Pakistan Tobacco Company (PTC) is planning to close down its manufacturing unit in Jhelum, top company officials told reporters on Saturday at the company’s Jhelum factory.Out of 10 production machines, eight production lines in Jhelum have been close…

Affairs

Price of Gold in Pakistan Closes Week With Major Increase

The price of gold in Pakistan posted its biggest increase of the week on Saturday, closing at Rs. 235,300 per tola.According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) went down b…

Affairs

Pakistan’s Textile Exports Down 14% in 10 Months of FY23

The country’s textile group exports declined by 14.22 percent during the first 10 months (July-April) of the current fiscal year 2022-23 (FY23) and stood at $13.709 billion as compared to $15.981 billion during the same period of last year, the Pakist…

Affairs

Govt Authorizes Rs. 72 Billion in Q4 Under PSDP

The Ministry of Planning Development and Special Initiatives has authorized Rs. 72 billion for various Ministries/Division in the fourth quarter of the current fiscal year (2022-2023) under the Public Sector Development Program (PSDP) which is Rs. 50 …