Karachi, June 11, 2020: Jazz, the country’s largest digital company, continues to play a leading role in supporting the government authorities in the fight against the spread of the virus. In a recent development that showcases support for the local healthcare sector in its fight to save human lives, the mobile operator has provided ten…
Karachi, June 11, 2020: Nestlé Pakistan recently published its ‘Nestlé in Society: Creating Shared Value (CSV) 2019 report highlighting its three main focus areas globally: for individuals and families, for communities, and for the planet. Talking about Nestle’s Creating Shared Value (CSV) philosophy, Waqar Ahmad, Head of Corporate Affairs, Nestlé Pakistan, said, “Our CSV initiatives…
Karachi, June 11, 2020: The FY20(P) GDP growth is estimated at -0.38 percent vs. 1.91 percent last year. In a question to the Finance Minister, he answered that the disparity between the government and IFIs (IMF: -1.5 percent, WB: -2.6 percent) forecasts is due to fluidity of the situation at present. Agriculture sector recorded a…
Karachi, June 11, 2020: The Competition Commission of Pakistan (CCP) has issued show cause notices to 46 suppliers of Line Hardware Material to the Electric Power Distribution Companies (DISCOs) for prima facie operating as a cartel and engaging in collusive bidding in violation of Section 4 of the Competition Act 2010. The CCP initiated a…
Karachi, June 11, 2020: Market traded in a narrow range between -70 points and +188 points, closing the session +64 points. E&P sector saw selling pressure that has been the case since international oil prices have faced resistance in the past couple of sessions. Fertilizer, Cement, Steel and Textile sector scrips performed well today on…