Business
PepsiCo announces Rs 775mln to fund social impact programs in Pakistan
Islamabad, February 12, 2020: PepsiCo, the leading food and beverage company, today announced its intention to invest Rs 775 million (US $5 million) for social impact programs in Pakistan over the next 3 years. Investment in social impact is part of the company’s broader vision to become a global leader in convenient foods and beverages…
SECMC, IUCN launches first ever Fauna-Flora survey of Tharparkar
Karachi, February 11, 2020: Aiming at long-term biodiversity conservation in an ecologically rich region of Thar, the Sindh Engro Coal Mining Company (SECMC) through Thar Foundation and Pakistan’s top environmental body International Union for Conservation of Nature (IUCN) has launched a first ever survey of the fauna and flora of Tharparkar. The survey will assess…
PSX index closed on a positive note
Karachi, February 11, 2020: Pakistan equities closed Tuesday on a positive note with the benchmark KSE100 Index gaining 417 points, closing at 39,714 levels, up 1.1 percent. Market remained lackluster in today’s trading session with value buying witnessed ahead of the result season. HUBC (+4.3 percent), LUCK (+2.4 percent), OGDC (+1.5 percent), PSO (+3.3 percent),…
PSX index closed on a negative note on monday
Karachi, February 11, 2020: Market again faced a significant drawdown that saw index going down by 947 points during the session and closing 825 points down from LDCP (unadjusted). Inflationary pressures, political wrangling and in-progress normalization of inverted yield curve have proven to be detrimental to investor sentiment which has seen market nose diving from…
Dun & Bradstreet Issues Report on Pakistan Business Optimism Index (BOI) for Q4, 2019
Businesses in Pakistan are optimistic and have a positive outlook for Q1, 2020 Karachi, February 10: Dun & Bradstreet has launched its World Renowned ‘Business Optimism Index’ for Pakistan according to which Businesses in Pakistan are overall optimistic about their outlook for Q1, 2020. The composite Business Optimism Score stands at 144.6 points compared to…