The market opened on a positive note this week, welcoming further ease in lockdown and opening up of several businesses with Standard Operating Procedures (SOPs) in place. Moreover, rising oil…

Recently appointed Mastercard Global Brand Ambassador Wasim Akram and Rugby legend Bryan Habana, among others, create digital experiences to help fulfill people's passions for Arts & Culture, Culinary, Music and…

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 environmental degradation is an important…

In response to the news that is circulating in the media indicating speculations about shortage of fuel in the country and pumps drying out, Gas & Oil Pakistan Limited (GO)…

The total liquid foreign reserves held by the country stood at US$ 16,920.1 million on 29-May-2020. The break-up of the foreign reserves position is as under:- Foreign reserves held by…

Chairman Businessmen Group (BMG) & Former President KCCI Siraj Kassam Teli and President KCCI Agha Shahab Ahmed have appealed to the Prime Minister Imran Khan, Advisor Finance Hafeez Shaikh, Advisor…

Rapid rise in temperatures and increased industrial and commercial activities due to the easing lockdown has caused power demand to peak at 3200 MW. While K-Electric is maximizing its power…

As part of the PKR 1 billion Hussain Dawood Pledge, Engro Foundation – the social investment arm of Engro Corporation – has provided an additional PKR 40 million to extend…

Karachi Port Trust has issued cargo handling update today. It says that during the last 24 hours ending at 0700 hours 05 Ships berthed at Karachi Port, their details are…

All Pakistan Cement Manufacturers Association (APCMA) released local/overseas dispatches date for the month of May alone and cumulatively for 11MFY2020. The figures translate dismay performance owing to Covid-19 and other…

As per provisional data, overall OMC sales grew 39% mom in May 2020 (down 12% yoy); excluding furnace oil (FO), however, sales were down only 3% yoy. The progressive withdrawal…

Countries that prioritize digitized payment economies are better placed to mitigate the associated adverse impact of unemployment, financial exclusion, fraud, theft, cost of cash, and corruption. This was the key…

President of Korangi Association of Trade & Industry (KATI) Sheikh Umer Rehan has demanded that government should ensure a similar tax regime for all industries in upcoming budget and take…

Launched to facilitate secure, cheap and rapid remittances by overseas Pakistani's, the Pakistan Remittance Initiative (PRI) is a joint initiative of the State Bank of Pakistan, Ministry of Overseas Pakistanis…

President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has expressed serious concern on reports that the Income Tax officials are seeking more powers to probe and…

Pakistan Petroleum Limited (PPL), the pioneer of the natural gas industry in Pakistan, has chosen SAP's HCM next generation suite; SuccessFactors, to digitally transform its Human Resources function. SAP Pakistan…

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 expressed concern over exchange rate erosion…

VMware, Inc., a leading innovator in enterprise software, today announced the appointment of Nitin Ahuja as the incoming Country Manager, Nascent and Vietnam at VMware. Armed with more than a…

National CPI inched lower to 8.2% yoy for May 2020 vs. 8.5% yoy in April. Urban CPI decelerated to 7.3% yoy vs. 7.7% in April while Rural CPI remained sticky…

According to a report of AHL, market went up today on the back of banking sector that gained prominence post Eid. Yesterday's performance of Index also came largely from Banking…

Patron in Chief of Korangi Association of Trade & Industry (KATI) SM Muneer, President Sheikh Umer Rehan , Senior Vice President Muhammad Ikran Rajput and Vice President Syed Wajid Hussain…

The Association of Chartered Certified Accountants' (ACCA) latest report Insights into Integrated Reporting 4.0, covers 48 companies – each are members of the International Integrated Reporting Council (IIRC) Business Network.…

Mian Anjum Nisar, President and Sheikh Sultan Rehman, Vice President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) urged government to take immediate measures to control the Locust swarm…

Shaikh Khalid Tawab Chairman United Business Group (Sindh Region) underscored the need of tariff rationalization in forthcoming Federal Budget 2020-21. While commenting on the tariff structure in Pakistan, he stated…

The Karachi Chamber of Commerce & Industry (KCCI) has expressed its dismay and concern at the helplessness of the importers and exporters who are being exploited by shipping lines operating…