PCDMA seeks loans for 1 year to overcome liquidity crunch: Amin Yousuf Balgamwala Karachi, April 03, 2020: Amin Yusuf Balgamwala, chairman, Pakistan Chemicals & Dyes Merchants Association (PCDMA) and former director, Karachi Stock Exchange, has said that commercial importers are facing a severe financial crisis due to lockdown and the closure of trade and industry….
Karachi, April 03, 2020: Emirates has received approvals to carry passengers on certain flights. Effective Monday 6 April, initial flights will commence from Dubai to London Heathrow, Frankfurt, Paris, Brussels and Zurich, with 4 flights a week to London Heathrow, and 3 flights a week to the other cities. Operating from Dubai International airport Terminal…
Karachi, April 02, 2020: After yesterday’s pause, the Market again witnessed a huge stride of 1336 points, similar to what was observed day before yesterday. Jump in international crude prices by approx 10 percent believed to have given the impetus that the market saw today, which saw OGDC, PPL and POL trading at and near…
Karachi, April 02, 2020: Amid these unprecedented times in the wake of the COVID-19 pandemic, Emirates SkyCargo continues to underline its commitment to Pakistan by breaking not just one but two records last week to transport essential supplies. The cargo airline completed an industry record uplift of 62 tonnes in a Boeing 777-300 operating from…
SITE industrialists call to utilize SESSI, EOBI ad Workers Welfare Funds to compensate workers Karachi, April 02, 2020: Suleman Chawla, President, SITE Association of Industry calls for the utilization of SESSI, EOBI and Workers Welfare Fund for the industrial workers to save them from starvation. He appealed to Sindh government that 16 to 17 thousand…