Pakistan’s textile industry rejects FY21 budget proposals
The proposed budget for FY 20-21 has completely failed to address serious industry issues in the light of the worldwide Covid-19 created crisis. This is likely to lead to large…
The proposed budget for FY 20-21 has completely failed to address serious industry issues in the light of the worldwide Covid-19 created crisis. This is likely to lead to large…
The disruptions to traditional education caused by the pandemic hold the capacity to further widen learning gaps between different regions and countries, alongside aggravating the digital divide. To address this…
Infinix, Pakistan's leading smartphone brand known for its innovative and state-of-the-art devices has partnered up with Daraz to bring exclusive discount offers at the Daraz Mobile Week, starting from 15th…
President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI's Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Saturday said government's announcement to…
Workers' Remittances amounted to US $ 20,654.5 million during July – May FY20, up by 2.7 percent or US $ 551.5 million over July – May FY19 (US $ 20,103.0…
K-Electric conducted a successful crackdown against generator mafia in Lyari, with the support of Electric Inspector Karachi (EIK) and Law Enforcement Agencies. Under the supervision of EIK, more than 180…
President of Korangi Association of Trade & Industry (KATI) Sheikh Umer Rehan, Senator Abdul Haseeb Khan, Chairman and CEO KITE Zubair Chhaya, Senior Vice President Ikram Rajput, Vice President Syed…
Growing from strength to strength, JS Bank reported profit before tax of PKR 628.5 million for the quarter ended March 31, 2020 as compared to profit before tax of PKR…
Market shed 625pts during the session today on the back of global rout in capital as well as commodity markets. US and regional markets saw Stock Indexes tumbling 4% to…
The coronavirus has put the lives of hundreds of thousands of people at risk across the world, not only due to the pandemic itself, but also for other health-related issues…
Mian Anjum Nisar, President Federation of Pakistan Chambers of Commerce & Industry said that coronavirus (COVID-19) has severely affected the economy, businesses, industries and small traders. He was speaking in…
The COVID-19 crisis has unearthed new considerations for infrastructure, employment and privacy. Telenor Research outlines three key predictions that would characterise our new world. http://www.telenor.com/PostPandemicPredictions On a scale like no…
Market traded in a narrow range between -70pts and +188pts, closing the session +64pts. E&P sector saw selling pressure that has been the case since international oil prices have faced…
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…
Governor State Bank of Pakistan (SBP) Reza Baqir has informed that so far a total of 1320 companies have availed SBP's refinance scheme and a sum of Rs96 billion has…
During May '20, Pakistan's auto industry sales stood at only 4,527 units – against 39 units sold in Apr '20 - thus pushing 11MFY20 auto sales to 102,935 units, down…
Pakistan Telecommunication Company Limited (PTCL) has deployed Nokia automation, analytics and machine learning software to enhance the customer experience and improve customer service accuracy and efficiency. Among the products rolled…
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 Prime Minister Imran Khan is…
Strengthening its commitment to supporting the Pakistani government during the COVID-19 crisis, Bank Alfalah has joined forces with Mastercard and National Bank of Pakistan (NBP) to provide a safe online…
With the graph of COVID-19 continuing to rise at a fast pace, the state of uncertainty prevailing due to partial lock down and related future of daily wagers, the situation…