Suspension of Dividends by banks/DFIs for two Quarters
Amid the growing concerns of COVID – 19 pandemic, State Bank of Pakistan (SBP) has, thus far, announced a number of regulatory relief measures for the financial sector and real…
Amid the growing concerns of COVID – 19 pandemic, State Bank of Pakistan (SBP) has, thus far, announced a number of regulatory relief measures for the financial sector and real…
The Board of Directors of MCB Bank Limited (MCB) met under the Chairmanship of Mian Mohammad Mansha, on April 22, 2020 to review the performance of the Bank and approve…
Corona Health Services, one of the most affordable health packages in the country that provides exclusive access to round-the-clock Corona Tele-Doctor Helpline and comprehensive coverage including up to PKR 50,000…
President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has urged the Governor State Bank of Pakistan (SBP) to bring down the policy rate from 9.0% to…
Patron in Chief of Korangi Association of Trade & Industry (KATI) SM Muneer, President Sheikh Umer Rehan , CEO KITE Zubair Chhaya, Senior Vice President Muhammad Ikram Rajput and Vice…
On April 10, 2020 the State Bank of Pakistan announced an incentive scheme— entitled Refinance Scheme for Payment of Wages and Salaries to the Workers and Employees of Business Concerns—that…
The Karachi Port Trust (KPT) of Pakistan has been working round the clock to avoid congestion and keep the supply chain in the country. However, due to COVID-19, the business…
DP World has launched cutting-edge online logistics tools and services, covering sea, land and air shipping around the world. The connected ecosystem of platforms will enable freight forwarders and any…
Engro Fertilizers Limited (EFERT) announced its result for 1QCY20 where the company reported a Profit After Tax of PKR 571mn (EPS: PKR 0.43) compared to PKR 6,361mn (EPS: PKR 4.76)…
Fauji Cement Company Limited (FCCL) announced its 3QFY19 result where it posted a loss of PKR 210mn (LPS: PKR 0.15) against profit after tax (PAT) of PKR 189mn (EPS: PKR…
As the government enforces measures to contain the spread of Corona Virus in Pakistan, Khushhali Microfinance Bank is playing its part to contribute to these efforts and taking steps to…
The Karachi Chamber of Commerce & Industry (KCCI) has announced its Office Timings during the holy month of Ramadan-ul-Mubarak. According to details, all departments of the Karachi Chamber will observe…
The COVID 19 crisis has directed government health resources towards treating patients afflicted with the deadly virus. While this addresses a pressing need, it cannot come at the cost of…
The Business & Industrial Community of Karachi, which was already largely pessimistic about the business and economic conditions for 2020 before the outbreak of Coronavirus, fears that the economy is…
The Universal Service Fund (USF) has awarded a contract worth PKR 92 Million to Jazz to provide high-speed broadband in Kurram Lot (Khyber Pakhtunkhwa). The Federal Secretary for IT, Shoaib…
Karachi port trust has updated about cargo handling activities of Karachi port during the last 48 hours ending at 0700 hours Ships Berthed 09 Ships berthed at Karachi Port, their…
In continuation of efforts to provide relief to the Pakistanis during the Coronavirus pandemic, Telenor has made a donation of PKR 50 million to the Prime Minister's COVID 19 Relief…
As part of the PKR 1 billion Hussain Dawood Pledge, Engro Fertilizers (a subsidiary of Engro Corporation) has committed to provide PKR 95 million in financial assistance to The Indus…
FPCCI's Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said downward spiral has affected all…
In a recent meeting with the Prime Minister of Pakistan, Imran Khan, Dr. Zeelaf Munir, MD and CEO of EBM, Pakistan's leading manufacturer of branded biscuits, made a commitment to…
President of Korangi Association of Trade & Industry (KATI) Sheik Umer Rehan, Senior Vice President Muhammad Ikram Rajput and Vice President Syed Wajid Hussain applauded the reduction of Interest to…
If there is one invention that changed our lifestyle in the past two decades, it is the mobile phone camera. The advancements made in this area is astonishing. We started…
MCB Bank has donated Personal Protection Equipment (PPE) worth PKR 10 million to the Specialized Healthcare & Medical Education (SH&ME) Department, Government of Punjab for Doctors and Medical workers on…
"The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has successfully completed the exercise of preparing its proposals on the ensuing Federal Budget 2020-21 keeping in view of the…
Mian Anjum Nisar President, the Federation of Pakistan Chambers of Commerce and industry (FPCCI) appreciated reduction in the policy rates by 2 percent from 11 percent to 9 percent by…