Karachi, May 28, 2020: Market opened on a negative on Thursday and maintained the negative trajectory, realizing a loss of 238 points during the session and closing -141 points. International crude prices slipped overnight to trade near US$31.5/bbl, which was approx. 4 percent down from the level KSE100 saw on last Thursday, before the market…
The COVID-19 pandemic has captured the world’s attention, as it poses a threat to all nations, sectors and social classes. As the virus sickens and kills people across the globe, countries have imposed restrictions and quarantines in an effort to contain its spread and ‘flatten the curve’. These measures have paralysed economies and supply chains…
Karachi, May 27, 2020: Former Chairman of the Senate and central leader of Pakistan People’s Party Senator Mian Raza Rabbani, labour leader Karamat Ali along with other members of the trade union movement have challenged and rejected the composition of the Inquiry Commission constituted by the Federal Government with reference to the PIA air crash at…
Supply Continues Despite Holiday Excess Demand Karachi, May 27, 2020: Byco Petroleum Pakistan Limited (BPPL) has assured its customers that its continuous supply of petroleum products is being ensured at all petrol pumps of the company across Pakistan. Regarding reported shortage at Karachi retail outlets, Byco’s General Manager, Petroleum Marketing Business, Mr. Mudassar Qadeer, said:…
Karachi, May 27, 2020: Sadiq Muhammad, Chief Executive Officer, North Karachi Industrial Development & Management Company (NKIDMC), while expressing deep concern over non-compliance of social distance and violation of SOPs by the public in the presence of deadly disease of Coronavirus and declared extremely dangerous to precious human lives. In a statement, he said that…