Business
KSE 100 index extended gain by 2.7 percent
karachi, january 8, 2020: KSE 100 index extended its gain by 2.7 percent on WoW basis. Major events during the week were cement sales number posting a 11.18 percent YoY growth, ECC approving removing 2 percent additional customs duties on 152 tariff lines, SBP reserves increasing by $258 million to stand at $20.512 billion trade…
Dubai-based Pakistani Elixir Group Pledges Equitable Education in Homeland
The Group has initially pledged to support 500 underprivileged students. Currently, 75 Fellows from Pakistan’s top-ranked universities are placed in 32 public schools to teach over 3,800 students Dubai, January 5, 2020: Touched by the plight of Pakistan’s public schools and students in rural areas, Mr. Ali, a philanthropist based in Dubai, has extended his…
PSO Launches Euro 5 Standard Diesel in Pakistan
Karachi, December 31, 2020: PSO continues to lead the fuel revolution in Pakistan by becoming the first Oil Marketing Company (OMC) to upgrade Pakistan’s diesel fuel standard from Euro 2 to Euro 5. The Company has recently launched its Euro 5 standard high speed diesel under the brand name “PSO Hi-Octane Diesel Euro 5”. The…
SITE asks Govt to emergent gas arrangements for industries
Karachi, December 28, 2020 : Riaz Uddin, Senior Vice President of SITE Association of Industry has urged the federal government and Ministry of Petroleum to emergent arrangements to provide gas to industries of Sindh, said that the federal government had assured uninterrupted gas supply at an enhanced rate of Rs. 930 to the Industrial sector and…
FPCCI appreciates State Bank of Pakistan for waiver of E-form requirement up to US $5000.
Karachi, December 18, 2020: Mian Anjum Nisar President “The Federation of Pakistan Chambers of Commerce and Industry” (FPCCI) and Shaikh Sultan Rehman Vice President applaud The State Bank of Pakistan for the waiver of the E-form requirement for up to the US $5000 per consignment for small industries. He said that this move will facilitate…