The total liquid foreign reserves held by the Pakistan stood at US$ 16,705.3 million on 05-June-2020. The break-up of the foreign reserves position is as under:- Foreign reserves held by…
Jazz, the country's largest digital company, continues to play a leading role in supporting the government authorities in the fight against the spread of the virus. In a recent development…
The Chairman Pakistan Tanners' Association, Sheikh Afzal Hussain expressed hope that the Leather sector would be reinstated at Zero Rated Status as was eligible earlier among 5 core sectors of…
Dubai-based provider of worldwide smart end-to-end supply chain logistics, DP World, with a global network of 123 business units in 54 countries, has announced the completion of its acquisition of…
As part of its solidarity plan, L'Oréal Pakistan is locally producing hand sanitizing gels and hand-washes to fight the spread of COVID-19 Thousands of products will be distributed to healthcare…
In order to improve utilization of Risk Sharing Facility under SBP ROZGAR scheme, Governor SBP, Dr. Reza Baqir, held an online meeting with the Presidents of Chambers of Commerce and…
Due to the COVID-19 global outbreak, industry digitization has entered a new phase of explosive development —a sign of the market's strong resilience and its great potential for growth. Digitization…
First official meeting held in London on Zoom of UK Pakistan Business Council, Executive Board members and Advisory Board has been Elected Mr. Khursheed Barlas as a First Chairman UK…
Market traded in the positive zone today, which was primarily caused by slight improvement in international crude prices (as compared to yesterday). E&P, OMCs largely remained positive, whereas Cement and…
In an exchange filing today, SEARL PA has announced that it has successfully entered licensing and marketing agreement with Beximco Pharmaceuticals Bangladesh for Remdesivir – a US FDA approved wide-spectrum…
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 corona crisis has underlined…
In a major development for harnessing scarce water resources in Southern Punjab, the Pakistan Water and Power Development Authority (WAPDA) awarded the consultancy contract worth Rs. 156.226 million to a…
Market opened on a negative today and maintained the negative trajectory, realizing a loss of 238pts during the session and closing -141pts, says a report of AHL. International crude prices…
The highly acclaimed film and television actor Bilal Abbas Khan, currently garnering fame for his unconventional role in 'PyarKeSadqay,' and famous for his roles in Cheekh, Laal, and O Rangreza,…
The total liquid foreign reserves held by the country stood at US$ 18,597.9 million on 21-May-2020. The break-up of the foreign reserves position is as under:- Foreign reserves held by…
In response to suggestions given by Chairman BMG Siraj Kassam Teli for reopening all local industries and restaurants, Chief Minister Sindh Syed Murad Ali Shah called a meeting on Thursday…
DP World, a leading enabler of global trade, has completed the early stages of integration with TradeLens, a blockchain-based digital container logistics platform, jointly developed by A.P. Moller - Maersk…
As per NFDC data, Urea offtake during April 2020 clocked in at 242k tons, down 17% mom and 20% yoy. On a cumulative basis, total Urea offtake fell 23% yoy…
FPCCI's Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said prolonged lockdown has changed the…
Chairman Businessmen Group (BMG) and Former President Karachi Chamber of Commerce & Industry Siraj Kassam Teli, while urging the government to completely wind-up the lockdown so that all types of…
On Eid-ul-Fitr, United Business Group patron SM Munir is being met at his residence by businessman Abdul Haseeb Khan, Farhan-ur-Rehman and PTI leader Sameer Mir Sheikh.
Huawei's Growing 'European village' in houses 25,000 staff and has several train stations named after European cities such as Paris and Bologna. Construction cranes at Huawei's Headquarters busily expand an…
Despite a 100bps reduction in the policy rate last Friday, the outgoing week started in the red zone to lose 203ppts. Market remained volatile during the mix bag news to…
"We need to forget about the way education was delivered in the pre-COVID19 era, we can't and must not go back to the old state" said Sajjeed Aslam, head of…
As part of the PKR 1 billion Hussain Dawood Pledge, Engro Fertilizers (a subsidiary of Engro Corporation) has joined hands with Sehat Kahani, a leading e-health solution provider, to use…
