As part of PTCL’s Coronavirus support and relief package, the company is supporting Shaukat Khanum Research Center for the purpose of enhancing Coronavirus testing facilities.
Nadeem Nazir, GM HR, PTCL is presenting cheque to Nadeem Hashmi, Marketing Head, Shaukat Khanum Research Center, along with Akram Zubair, GM Admin & Security, PTCL and Zeeshan Sarwar, Head of Corporate Collaboration, Shaukat Khanum Research Center.
Pakistan Minister for Aviation Ghulam Sarwar Khan on Friday said that domestic flight operations will resume from tomorrow (May 16) after a nearly two-month-long suspension.
In a video message, Sarwar said that the decision was taken during a National Command and Operation Centre (NCOC) meeting while keeping “the difficulties of people in mind”.
FPCCI’s Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the budget-making process amid crisis will be a challenge for the government.
The upcoming budget should be a traditional one but a modern document to provide some relief to the masses.
At its meeting on 15th May 2020, the Monetary Policy Committee (MPC) decided to reduce the policy rate by 100 basis points to 8 percent. This decision reflected the MPC’s view that the inflation outlook has improved further in light of the recent cut in domestic fuel prices.
The Board of directors of Haleeb Foods Limited (HFL) appoints Syed Mazher Iqbal as CEO effective April 2020; Mr. Iqbal is a certified director and a fellow member of the Institute of Chartered Accountants of Pakistan. Mr. Iqbal brings to HFL over three decades of senior management experience of local and multinational companies including manufacturing concerns as well as commercial and investment banks.
Asia Fruit Logistica is rescheduling to 18-20 November 2020 in Singapore to ensure a successful trade show for every exhibitor and visitor coming from all over the world. “We’ve come to this decision after a long, detailed, and very careful assessment of the situation with our exhibition venue partner and the authorities in Singapore as well as with key people in the international fresh produce business,” says Will Wollbold, Commercial Director of Global Produce Events (GPE), the organiser of ASIA FRUIT LOGISTICA.
Monetary Policy Committee (MPC) of the State Bank of Pakistan will announce its bi-monthly monetary policy coming Friday (May 15, 2020) in which we expect the committee to cut Policy Rate by another 100bps.
The million dollar question right now is: why further policy rate cuts are needed?
One of the most resourceful institutions, specialized in family-planning and community health programs – GreenStar Social Marketing (GSM) has been busy as a front-line force, to safeguard the health of families, especially women & children in Pakistan. It is taking additional measures to overcome the threats of COVID-19 pandemic.
In its fi
rst ever webinar, attended by over 800 participants, Hysab Kytab shared their insights on the impact COVID-19 has had on consumer spending in Pakistan. A fintech solutions provider, Hysab Kytab, revealed intricate details regarding the changes that have come about in consumer spending as a result of the coronavirus crisis.
Renowned Industrialist and leader of Business community SM Muneer has donated Rs. 10 million to Prime Minister’s Corona Relief Fund. Executive Directors of Din Group Shaikh Muhammad Naveed and Faisal Jawed in a meeting with Prime Minister Imran Khan presented him the donation cheque.
Gas & Oil Pakistan Limited (GO), the fastest growing Oil Marketing Company (OMC) in Pakistan has announced that it has become the first OMC in Pakistan to introduce Electric Vehicle (EV) charging facility at its retail outlets.
The first of these EV chargers, made by ABB Italy, the Swiss-Swedish multinational, has been installed at GO’s Company Owned & Operated Outlet, COCO-3 near the Expo Centre in Lahore.
According to State Bank of Pakistan, the total liquid foreign reserves held by the Pakistan stood at US$ 18,744.5 million on 08-May-2020. The break-up of the foreign reserves position is as under:-
The Coronavirus pandemic has forced us all into self-isolation. Undoubtedly, carrying out day to day activities has become quite inconvenient, but strictly following social distancing practices is of the utmost important right now considering the pace at which the virus is spreading.
The Economic Coordination Committee (ECC) of the Cabinet has approved a multi-billion agriculture package to provide the farmers subsidy on fertilizers, reduction in bank mark-up on agriculture loans, subsidy on cotton seed and white fly pesticides and sales tax subsidy on locally manufactured tractors.
In the wake of a meeting presided over by Prime Minister Mr. Imran Khan couple of days ago about water security and construction of mega dams including Diamer Basha Dam Project, all efforts are underway by the Pakistan Water and Power Development Authority (WAPDA) to ensure timely mobilization of the contractor and effective follow up on Diamer Basha Dam Project.