Karachi, April 04, 2020: State Bank of Pakistan has continuously been reviewing the challenges arising out of the COVID-19 pandemic situation with particular reference to the financial sector and taking measures. Expanding the scope of its recently announced relief package for households and businesses, SBP has taken another major step today. State Bank has allowed…
Lahore, April 03, 2020: The Chartered Institute of Management Accountants (CIMA) has announced that from May 2020, CIMA students will be able to take their exams remotely for the first time. This comes as the coronavirus pandemic has forced many test centres to close, preventing the delivery of CIMA Objective Tests and Case Study exams…
Islamabad, April 03, 2020: 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 signatories included Muhammad Shehzad Yousuf, Chief Business Operations Officer, PTCL and Shujaat Ullah Qureshi, Secretary, Intelligence Bureau Employees Cooperative Housing Society…
Karachi, April 03, 2020: Market opened with a strong +488 points with traded volume of 5.1 million shares on the opening bell. Overnight skyrocketing performance of crude oil (which saw a jump of ~+35 percent), kept the sentiment strong and elevated till today, although international crude prices started correcting in the early hours. Positive vibes…
Karachi, April 03, 2020: 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 are equally under pressure due to the same reason. According to the data of APCMA in March, the industry despatched 3.721…