Karachi, July 22, 2020: Robust global auditing and ethical standards are essential for business, investor and public trust, says ACCA (the Association of Chartered Certified Accountants) following publication of the Monitoring Group’s paper explaining the way ahead. Speaking about the Monitoring Group’s recommendations, Maggie McGhee, executive director – governance at ACCA says: ‘This is a…
Karachi, July 22, 2020: Foodpanda Pakistan, Pakistan’s leading delivery platform, has partnered with TPL Maps, Pakistan’s only licensed digital mapping company and the mapping arm of TPL Trakker, to power its food and grocery delivery app. With operations in over 30 cities nationwide and a vast partner base, foodpanda Pakistan is the largest food delivery…
Islamabad, July 22, 2020: TikTok’s spokesperson in reference to the Pakistan Telecommunication Authority’s (PTA) final warning has said that a safe and positive in-app environment is top priority of TikTok. Two days back, PTA has blocked Bigo and issued last warning to TikTok for vulgar content. “We deploy a combination of technologies, and moderation strategies…
Lahore, July 21, 2020: Pakistan’s Current Account (CA) declined sharply 78 percent during the last fiscal year The CA deficit settled at US$2.97 billion (1.1 percent of GDP) in FY20 compared to a deficit of US$13.43 billion (4.8 percent of GDP) in FY19, a contraction of 78 percent YoY. The marked improvement in CA deficit…
Islamabad, July 21, 2020: Output of Pakistan’s Large Scale Manufacturing Industries (LSMI) decreased by 10.3 percent during the first eleven months of the last fiscal year (FY20). Latest data released by Pakistan Bureau of Statistics (PBS) revealed that LSMI output witnessed a decrease of 25 during May’20 primarily on account of easing of the nation-wide…