Karachi, October 28, 2020: The Covid-19 pandemic has accelerated banks’ journey towards becoming truly digital, but lack of infrastructure development and regulatory hurdles may hinder second wave of the technological advancement in the financial sector in Pakistan. There is a threat the country may lose momentum towards sustaining the growth achieved in the remote banking…
Karachi, October 28, 2020: The Board of Directors of K-Electric Limited in its meeting held on October 27, 2020, approved the Company’s financial results for the year ended June 30, 2020. In the results issued to the PSX, KE declared a loss of PKR 2.96 billion in glaring contrast to a profit of PKR 17.274…
Karachi, October 27, 2020: On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 5.13 billion of which PKR 0.78 billion is attributable to non-controlling interests for the first quarter ended September 30, 2020. This translates into earnings per share (EPS) of PKR 13.45 / share as compared to PKR 3.93…
Karachi, October 28, 2020: The Board of Directors of MCB Bank Limited (MCB) met under the Chairmanship of Mian Mohammad Mansha, on October 27, 2020 to review the performance of the Bank and approve the condensed interim financial statements for the nine months period ended September 30, 2020. In compliance with SBP’s instructions, Bank has…
Karachi, October 28, 2020: The Employers’ Federation of Pakistan organized a virtual seminar in collaboration with The Association for Overseas Technical Cooperation and Sustainable Partnerships (AOTS) Japan on Work Environment Improvement and Occupational Safety from 26th – 27th October 2020, Karachi. Ms. Etsuko Yoshikawa, a prominent health and safety expert from the Red Cross College…