Karachi, May 04, 2020: Market saw some profit booking today on the back of developing situation on international front and reclining oil prices, which also came down after posting significant gains last week. E&P and OMCs traded considerable volume and largely maintained a higher average than last trading session. Banking sector stocks, on the other…
Karachi, May 04, 2020: METRO Pakistan as part of its METRO Humanity Program gave opportunity to its employees to donate and participate in the national relief efforts for deserving families directly affected by the COVID19 lockdown. The entire donation amount collected was used to buy food hamper filled with essential food supplies and were handed…
Karachi, May 04, 2020: Pak-Qatar General Takaful Limited (PQGTL) has recently signed an agreement with Gabitt, a ride hailing service. The ceremony was attended by Mr. Nasir Ali Syed, CEO Pak-Qatar General Takaful Limited and Mr. Farhan Ahmed, CEO L1 Solution Private Limited along with other senior officials from both the companies. Through this strategic…
Karachi, May 02, 2020: The cement industry is paying Rs 195 per bag taxes which are highest in the region, besides 50 percent increase in transportation cost after implementation of axel load policy resulted into the huge losses by the industry during the last nine months. The cement manufacturing units started incurring losses after the…
Karachi, May 01, 2020: In the background of rising cases of COVID-19 in the country and with the need to strengthen health sector in fight against COVID-19, SBP today enhanced financing limit of a single hospital/ medical center under its Refinance Facility for Combating COVID -19 (RFCC) from Rs. 200 million to Rs. 500 million….