Chinese tech giant Huawei opened research centre dedicated to fundamental research in mathematics and computing. Named after the Franco-Italian mathematician Joseph-Louis Lagrange, the new centre located in central Paris is…

In line with its vision of providing affordable housing to the masses, Government of Pakistan will be providing a markup subsidy facility for the construction and purchase of new houses.…

In September 2020, the Auto industry sales witnessed double-digit growth (19% mom and 18% yoy) to 13,982 units. The phenomenal growth was driven by the premium cars segment, led by…

The Pakistan Meteorological Department on Sunday issued a heatwave alert in Karachi for the next six to eight days. With temperatures expected to go as high as 42 degrees centigrade,…

President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra, while exchanging views at a meeting with a team of Mobilink's Jazz Business during its visit to KCCI, stated…

Senior Vice Chairman of Businessmen Panel of FPCCI and Chief of FPCCI Standing Committee on FBR, Public Utilities and Fair and Exhibitions and former provincial minister Mian Zahid Hussain on…

Market braced the impact of APG's (Asia Pacific Group) decision to maintain Pakistan's position on Enhanced Follow-up List, which was primarily an evaluation based on Pakistan's performance as of February…

Pakistan's largest oil refining company, Byco Petroleum Pakistan Limited, entered into an alliance with the House Building Finance Company Limited at a ceremony held at Byco's Head Office in Karachi.…

Ilma University acknowledges and appreciates the relentless efforts that the Government employees as well as the armed forces exert in leading the nation. Hence, it has stepped forward to provide…

Workers' remittances remained above $2 billion for the fourth consecutive month in September.  They increased to $2.3 billion, 31.2 percent higher than the same month last year and 9 percent…

Please also see the SBP press release on the SRO by Ministry of Finance available at: https://www.sbp.org.pk/press/2020/Pr-11-Oct-20.pdf Question 1. Why there was a need to issue SRO by Ministry of…

On 6th October 2020, the Federal Government issued Foreign Currency Accounts Rules, 2020 under the provisions of Protection of Economic Reforms Act, 1992. There has been no change in the…

President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra has advised the cabinet members of National Youth Assembly (NYA) that regardless of political, sectarian and language differences, everyone…

The Federal Minister for Petroleum Division Mr Omar Ayub Khan has visited KPT Oil Pier-1 (OP-1) facility today along with his team comprising Secretary Petroleum Division Mian Asad Hayaud Din…

Under its corporate social responsibility programme, K-Electric signed a Memorandum of Understanding (MoU) on October 6, 2020, with the Heritage Foundation for restoring Marriott Road to its former glory. As…

A delegation of Pakistan Leather Garments Manufacturers Exporters Association (PLGMEA) headed by its Chairman Danish Khan visited Collectorate of Customs Enforcement to meet Chief Collector Customs Enforcement Saifuddin Junejo and…

Ufone has introduced the lowest ever data roaming rate for Saudi Arabia and UAE. Data roaming offer will now be available for as low as 4 Paisa per 10Kb mean…

President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday lauded the decision of the Prime Minister Imran Khan to…

Mian Anjum Nisar, President FPCCI has demanded urgent solution for the problem of urban flooding and water shortage in Karachi, at a dinner reception hosted by Mr. Obaid Saleem Patel,…

Market continued the momentum picked in the last trading session and added a total of 562pts during the session, closing the session +551pts (unadjusted). E&P, O&GMCs, Banks and Cement sector…

The total liquid foreign reserves held by the country stood at US$ 19,351.0 million on 02-October-2020.The break-up of the foreign reserves position is as under:- Foreign reserves held by the…

U.S. Special Representative for Afghanistan Reconciliation Ambassador Zalmay Khalilzad and Commander NATO Resolute Support Mission General Austin Scott Miller visited Islamabad on October 8. In a meeting with Chief of…

Cargo handling activities of Karachi Port during last 24 hrs ending 0700     Ships Berthed     06 Ship berthed at Karachi Port, their details are given below. AL RAYAN            CLINKERS DA TONG YUN            GENERAL…

· The COVID-19 pandemic has created the most stressful year in history and negatively affected the mental health of 78% of the global workforce · 85% of people say their…