SBP has taken additional measures to facilitate bank customers that are faced with extraordinary challenges arising out of COVID-19 situation in the country. They can now approach SBP through its helpline service in case…
The Embassy of Pakistan Ankara as well as the Consulate General Istanbul are in close contact with the local Pakistani community members as well as Pakistani students in Turkey to…
The Federal Board of Revenue (FBR) has issued instructions to shipping lines and shipping agents to allow waiver of delay and detention charges during lockdown to contain the coronavirus. In…
Association of Builders and Developers of Pakistan (ABAD) has welcomed the incentive package for construction industry announced by the prime minister. ABAD Chairman Mohsin Sheikhani in a statement, termed the…
Ismail Suttar, President of Lasbela Chambers of Commerce & Industry (LCCI), in a Press Statement issued today has said that the recent proactive measures offered by State Bank of Pakistan…
President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has requested Chief Minister Sindh to devise some kind of an effective mechanism for providing immediate relief to…
State Bank of Pakistan has continuously been reviewing the challenges arising out of COVID-19 pandemic situation with particular reference to the financial sector and taking measures. Expanding the scope of…
Under the government's Rs 1,240 billion stimulus package announced by the Prime Minister on 27th March, the government has released Rs 100 billion to industry under tax refunds on 2nd…
The drama follows the story of an innocent young girl, Mushk, who belongs to a conservative family and her life is governed by her strict father. She has been living…
As expected Coronavirus had its impact on domestic consumption that declined by 16.70 percent in March while the exports grew at lowest pace of 5.27 percent as the global markets…
Pakistan leather and footwear industry have been impacted by lockdown in country for the last fifteen days to stop spread of Coronavirus pandemic. A large number of factories of leather,…
Federal Minister for Economic Affairs, Mr. Muhammad Hammad Azhar witnessed the signing ceremony through video link for Project "Pandemic Response Effectiveness in Pakistan" worth US$ 200 million with the World…
The coronavirus (COVID-19) is affecting the way we act, interact and run our businesses in Pakistan and globally. These challenges present a unique opportunity for individuals who are developing solutions…
Karachi port trust has updated about cargo handling activities of Karachi port during the last 24 hours ending at 0700 hours. 04 Ships berthed and 03 Ships has sailed…
President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has requested the Federal Government to permanently withdraw Industrial Support Package Adjustment (ISPA) arrears which would provide some…
As per provisional data, OMC sales declined by 31% yoy (down 9% mom) to 1.0mn tons during March 2020. Even excluding Furnace oil (FO), petroleum consumption was down 26% yoy.…
Pakistan Telecommunication Company Limited (PTCL) has signed a Memorandum of Understanding (MoU) with Gulberg Greens Islamabad for provision of Information Communication Technology (ICT) services and infrastructure in the society. The…
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 coronavirus has not damaged 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 Friday said coronavirus has not damaged Pakistan…
Announcement of the relief package last week amounting to PKR1.2tn as a fiscal stimulus as well as targeted relief packages for the export oriented and construction sector helped drive the…
For the fight against COVID-19 in Pakistan, Mr. Hussain Dawood, today, on behalf of Engro, Dawood Hercules and his Family pledged a contribution in services, kind and cash of PKR…
The Attestation Department and Membership Department of the Karachi Chamber of Commerce & Industry (KCCI) will remain closed on Friday, April 3, 2020 due to strict lockdown announced by the…
Pakistan's largest oil refining company, Byco Petroleum Pakistan Limited (Byco) has announced its decision to establish a diesel hydro de-sulphurising (DHDS) unit and a fluid catalytic cracking (FCC) unit. An…
The total liquid foreign reserves held by the country stood at US$ 17,387.5 million on 27-March-2020. The break-up of the foreign reserves position is as under:- Foreign reserves held by…
Mr. S.M. Muneer leader of the Business Community and patron in chief of United Business Group (UBG) has appealed to the Prime Minister of Pakistan to instruct the Ministry of…