Business
Equities sink amid bad news in the neighborhood
Karachi, Augst 10, 2019: Unwarranted selling and fragile sentiments witnessed at the Pakistan Stock Exchange during then last week correlated to India’s inexcusable revocation of Kashmir’s special status. According to Arif Habib Research, once again brought to the forefront, political rivalry between the two nuclear-armed South Asian neighbours. With peace in the region tested, investors…
Berger Paints attains ACCA Pakistan’s approved employer status
Karachi, August 10, 2019: Berger Paints has become the most recent addition to the ACCA (Association of Chartered Certified Accountants) Approved Employer Programme. With this partnership both the organizations will work together for promoting business ethics, professionalism and developing talent for the future. This milestone also reflects company’s commitment to tax compliance and transparency, as well…
Home remittances post 3pc growth
Karachi, August 9, 2019: Pakistan received over two billion dollar on account of home remittances during the first month of this fiscal year. Overseas Pakistanis remit US$ 2 billion in the first month of FY20. Overseas Pakistani workers remitted US$ 2039.30 million in the first month (July) of FY20 as compared with US$ 1981.73 million…
Stock continued to slide down
Karachi, August 9, 2019: Pakistan Stock Market continued trimming down on the last trading day of the week, with selling pressure in Banks, E&P and Cement sector stocks. Coming MSCI review had Investors concern about selling activity from Foreigners, which caused this selling pressure in blue chip stocks in Banks, E&P and Cement sectors. Mid…
PIA Engineers successfully completed check ‘A’ on Boeing 777 airplane
Karachi, August 9, 2019: PIA Engineering set up at Lahore successfully completed Check ‘A’ on Boeing 777 (AP-BHV) after completing recommended flying hours. The Lahore Engineering is now fully capable of performing B777 aircraft ‘A’ checks indigenously after being approved from Pakistan Civil Aviation Authority (PCAA). CEO PIA Air Marshal Arshad Malik said that this is…