Karachi, July 01, 2020: Textile Exporters are fearing that Government in FY2020-21 would not be a in a position to refunds of 17 percent sales tax to exporters as well as customs rebate, duty drawback as of today a huge amount of worth billions of rupees of exporters is still stuck up with the Government…
Karachi, July 01, 2020: Joint Action Committee (JAC), a group of civil society organizations and trade unions, on Wednesday vehemently condemned the terrorists’ attack on the key equity market of the country, Pakistan Stock Exchange (PSX) on Monday, killing and injuring police and private guards. In a joint statement Karamat Ali, Executive Director, Pakistan Institute…
Karachi, July 01, 2020: Pakistan urea sales in Jun-2020 are expected to jump by 74 percent YoY, to clock in at 1,115k tons after clarification on Urea subsidy. The sales are likely to be highest recorded in the month of June during the last five years. Recall that in May-2020, dealers and farmers held back…
Karachi, June 29, 2020: Market had an eventful session, marred by the attack on Pakistan Stock Exchange in the early hours of trading, which was fought off and well managed by the Security forces. The index went down by 220 points in the early part of the session, but gradually recovered with +268 points and…
Karachi, June 29, 2020: Ismail Suttar, President of the Apex Body of Manufacturers, The Employers Federation of Pakistan (EFP), has said that The Pakistan Stock Exchange terrorist attack of June 29th 2020 is a direct and blatant attack on the heart of the economy. It is highly condemnable and at all levels, Employers Federation of Pakistan….