Pakistan Stock Exchange on Tuesday traded in a range between -282pts and +288pts and closing the session +50pts. Amidst expectations of an impending correction, Index is circumnavigating current levels with a tilt towards index heavy weights such as HUBC and helped manage the slide, which would otherwise have dented investor sentiment. The index opened on…
Karachi, July 21, 2020: President of SITE Association of Industry Suleman Chawla, in a press statement, welcomed setting up of two new industrial zones in the Sindh provinces but at the same time, drawn attention of the Chief Minister towards the miserable condition of infrastructure in existing zones, particularly SITE industrial area, Karachi. Chawla demanded…
Karachi, July 21, 2020: Easypaisa, Pakistan’s leading provider of digital financial services has become the associate partner of the Pakistan Cricket Board for Pakistan men’s national cricket team’s tour of England. The Pakistan men’s national cricket team will do the Easypaisa logo on all their playing kits for the Test and T20 series during the…
Karachi, July 21, 2020: The Federal Board of Revenue (FBR) has given relief to commercial importers by allowing them to pay 2pc income tax instead of 5.5pc due to anomalies of chemicals & dyes raw material, which was included in part 3 (finished goods). Pakistan Chemicals & Dyes Merchants Association (PCDMA) had pointed out in…
Karachi, July 21, 2020: Ismail Suttar, President of Employers Federation of Pakistan (EFP), the Apex Body of Manufacturers of Pakistan, has demanded the government to resume exports of dry dates to India after the successful opening of Wagah Border under the Pakistan-Afghanistan Transit Trade Agreement, which allows transit trade for Afghanistan to India. With this…