Karachi, January 04, 2019: Owing to severe slowdown in the market coupled with massive Sales Tax refunds not being released by the Government, Al Ghazi Tractors Ltd. is at the verge of taking a bitter decision bringing the plant to a shut down. The last 4/5 months proved quite challenging for the local tractor industry…
KARACHI, January 2,2109: National Industrial Park (NIP) has failed miserably to deliver on its commitment to provide Bin Qasim Industrial Park (BQIP) necessary utilities and infrastructure putting five companies’ combined investment of PKR 35 billion in jeopardy. According to sources, Tecno Auto Glass Ltd, Hi-Tech Alloy Wheels Ltd, Horizon Steel (Pvt) Ltd, KIA Lucky Motors…
Karachi, December 21, 2108: Initial Public Offering (IPO) amount raised in 2018 is some 49 percent lower than what was raised in 2017. During 2018, 3 new stocks were listed (other than Modarbas) at Pakistan Stock Exchange (PSX) where the new entrants raised Rs4.3bn cumulatively, which is 49% lower than amount raised in 2017 of…
Karachi, Dec 19, 2018.HBL as a proponent of financial inclusion continually strives for developing inclusive products for SMEs. With this aim in mind, HBL has developed a holistic range of cash flow based customized financing solutions to facilitate financial inclusion and capacity development. To cascade HBL POS finance and other initiatives undertaken by the Bank…
Karachi, Dec 18, 2018: British Airways has announced officially to resume its flight operations in Pakistan by next year June. The flight service will be started from London to Islamabad, thrice in a week. British Airways will restart its operations in Pakistan after a gap of 10-year. The decision was taken due to improved security…