Karachi, May 20, 2020: The Board of Directors of Shell Pakistan Limited (‘SPL’) announced the first quarter results for the company on 20th May. The company posted an after tax loss of PKR 4,332 million compared to the profit of PKR 257 million made in the same period last year. The quarter has been greatly…
Karachi, May 20, 2020: In order to ensure the availability of limited banking services to public at large during the extended holidays on the occasion of Eid-ul-Fitr, it has been decided that banks / MFBs may open their selected branches on Wednesday, May 27, 2020 at their own discretion in various business centers / commercial…
Karachi, May 20, 2020: Market saw profit booking across the board in the run-up to Eid holidays and the long weekend. Though international crude oil prices remained high overnight and since yesterday, local investors little heed to that, given the long gap from Friday till next week on Thursday, which can cause the underlying prices…
Karachi, May 20, 2020: Standard Chartered Pakistan has contributed USD1 million to Red Cross and UNICEF programmes that are providing emergency relief to communities impacted by the COVID-19 pandemic. In total, USD300,000 will be contributed to the Red Cross for the provision of urgent medical support and USD700,000 to UNICEF for the immediate protection and…
Karachi, May 20, 2020: Mian Anjum Nisar, President and Zakaria Usman, Convener,Budget Advisory Council of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) urged the FBR to withdraw the discretionary powers vested with the tax officials to avoid their misuse, provide relief to the taxpayers, simplify taxation law and restore the diminishing confidence…