Karachi, January 21, 2020: Pakistan Steel Mill BoD’s 407th meeting was held on 16th January, 2020 at Karachi wherein Hon’ble Chairman BoD Mr. Aamir Mumtaz has briefed about the ongoing plans to be carried out towards revival of organization, execution within schedule time frame and post transaction activates inasmuch as its successful achievement through PPP…
Karachi, January 21, 2020: After the approval by the ECC yesterday, we expect the Energy Sukuk-2 of Rs200 billion to be released soon, as the meeting with IMF starts on Feb 3, 2020. The payment will be directed towards the power sector (i.e. Gencos, Hub Power, Kot Addu Power, Nishat IPPs, AES IPPs etc.), we…
Karachi, January 21, 2020: Market continued facing downward pressure with the benchmark index slipping 409 points after registering an increase of 218 points earlier in the session. PSO, among oil & gas plays and FFBL, among Fertilizer, contributed positively to the index, however, selling in Cement, Steel, E&P and Refinery sectors faced selling pressure, whereas…
Karachi, January 21, 2020: A survey of nearly 100 senior accountancy experts on economic conditions in Pakistan shows a marked increase in economic confidence during the last three months of 2019, recovering strongly to above both its long run and recent average levels. However, the global report Global Economic Conditions Survey (GECS), jointly published by ACCA (the Association of…
Dubai Runs SAP to Help Personalize Pakistani Visitor Experiences Karachi, January 21, 2020: SAP SE (NYSE:SAP) has announced that it is helping to power the digital transformation of Expo 2020 Dubai, the upcoming World Expo taking place in UAE between October 20, 2020, and April 10, 2021, which is set to host the Pakistan Pavilion…