Business
Industry Experts discuss advantages of PM Imran Khan’s Construction Incentive Package
Karachi, May 08, 2020: Iqbal Institute of Policy studies conducted an online interactive session to discuss Prime Minister Imran Khan’s Construction Incentive Package in order to increase the employment opportunities in the country amidst COVID-19 pandemic. The Prime Minister’s construction incentive package concentrates on tax rebates and incentives in the construction center, the intention of…
PFVA appeals to export mango from 1st June
Mango crop still immature due to Climatic change, date of export be fixed as 1st June instead of May – Waheed Ahmed, Patron-in-Chief PFVA Karachi, May 08, 2020: The Climatic Change & Lockdown have severely affected the mango crops. The mango crops in Sindh & Punjab is likely to get matured after a delay of…
PSX market closed in negative session
Karachi, May 07, 2020: Thursday saw Pakistan equities close negative as the KSE-100 index ended the session at a level of 33,304, shedding 424 points (-1.3 percent) from its previous close. During the session, traded value increased by 4 percent DoD to US$47 million while traded volumes shrunk 16 percent to 176 million shares. HASCOL…
APTMA demands Sindh government to allow textile industry
Downstream supply chain to resume operation Karachi, May 06, 2020: Mr. Zahid Mazhar, Chairman, APTMA Sindh-Balochistan Region demanded the Government of Sindh to allow the entire textile value chain to restart their production activity without any further delay otherwise the textile industry of the province would not survive and lead to total closure and massive…
Fiscal Deficit for 9MFY20 Clocked in at PKR 1,686 billion
Deficit down by 12 percent YoY in 9MFY20 Karachi, May 07, 2020: Pakistan’s fiscal balance in the current fiscal year to date has shown improvement over prior year, with the deficit arriving at PKR 1.7 trillion in 9MFY20 (3.8 percent of GDP) compared to PKR 1.9 trillion in 9MFY19 (5 percent of GDP), down by…