Karachi, March 05, 2021: Asiff Inam, Chairman APTMA Sindh-Balochistan Region has shown his deep concern on drastic decline in price of fine counts of yarn by Rs. 10,000/- per bag in the Faisalabad Yarn Market which is in expectation of massive tax evasion plan by individuals in anticipation of permission be allowed to import cotton…
Karachi, March 5, 2021: After remaining on edge in the initial trading sessions of the week, the market plunged by more than 800 points on Thursday before making a sharp recovery on the next day, ending marginally down by 0.1% WoW. According to JS global Thursday’s reaction was on the cards, given the hotly contested…
Islamabad, March 5, 2021: In the aftermath of the Senate elections (upper house), the Prime Minister has opted to seek a Vote of Confidence from the parliament on Saturday (Mar 6, 2021). In the Senate elections held on Mar 3, 2021, the PTI-led ruling alliance lost a key seat of Abdul Hafez Sheikh from Islamabad,…
KARACHI, March 05, 2021: Pakistan oil reserves (excl. Aminah, Ayesha and Zainab fields) increased by 1 percent (or 9mn barrels) in last six months due to induction of eight new fields. According to Topline, the increase is lower than the production of 13.5mn barrels during the same period. We have excluded Aminah, Ayesha and Zainab…
Karachi, 5 March 2021: As part of the PKR 1 billion Hussain Dawood Pledge, Engro Foundation – the social investment arm of Engro Corporation – has signed a Memorandum of Understanding (MoU) with Pakistan Poverty Alleviation Fund (PPAF) to contribute PKR 70 million to the Ehsaas Amdan Program. As part of the commitment, Engro Foundation will be designing a…