Karachi, June 17, 2020: Governor State Bank of Pakistan (SBP) Dr. Reza Baqir called a meeting of Banks today for deliberations on the measures proposed by Naya Pakistan Housing and Development Authority (NAPHDA) and identify way forward to ensure sustainable market-led financing of housing projects and mortgages. The meeting was chaired by the Governor SBP,…
Karachi, June 17, 2020: Market made a strong come back today by registering an increase of 377 points, however, BNP Mengal’s decision to leave PTI Coalition government caused jitters in the market. The index lost all the gains made during the session and sustained a loss of -243 points, closing the session -170 points. Political…
Karachi, June 17, 2020: As part of the PKR 1 billion Hussain Dawood Pledge, PKR 12 million has been committed to establish an Intensive Care Unit (ICU)-High Dependency Unit (HDU) at Nishtar Medical University & Hospital, Multan, to enhance COVID-19 patient care and facilities, in particular for the underprivileged sections of society. The project will…
Karachi, June 17, 2020: Danish Hanif, Chairman, Pakistan Yarn Merchants Association (PYMA) has expressed frustration over non-provision of relief on imported raw materials of textile industry and SMEs in Budget 2020-21 and opposing the imposition of further regulatory duty @ 2.5 percent, termed the move as disastrous for the textile sector and SMEs. In an…