Tips to stay safe online during COVID-19 Karachi, May 07, 2020: As people around the world are staying at home due to COVID-19, many are turning to new apps and communications tools to work, learn, access information, and stay connected with loved ones. While these digital platforms are helpful in our daily lives, they can…
Karachi, May 07, 2020: Pakistan State Oil (PSO) stands with the nation amid Corona pandemic, contributes Rs 71 Million for relief activities. PSO, Pakistan’s largest Oil Marketing Company, stands by its commitment to serve the nation. PSO has donated Rs. 71 million to provide support and relief to the underprivileged segments of society affected by…
Karachi May 07, 2020: As part of its PKR 100 million commitment to support vulnerable communities affected by the COVID-19 pandemic, Nestlé Pakistan has partnered with leading non-governmental organizations Akhuwat, Saylani Welfare International Trust, Shahid Afridi Foundation, Salman Sufi Foundation and RIZQ to support them in their relief activities. Nestlé Pakistan’s product donation towards government…
WACC based return formula likely to increase by 2pc Karachi, May 06, 2020: The Pakistan Gas sector has been facing severe liquidity constraints on account of both natural gas and RLNG. During 9MFY20, SNGP recorded natural gas differential of Rs48.5bn. The annualized indigenous gas differential amount of Rs65bn (9M: Rs48.5bn), translates into Rs/mmbtu of ~Rs177…
Karachi, May 06, 2020: The government has reported a fiscal deficit of 3.8% of GDP (or Rs1.7trn) in 9MFY20 compared to a fiscal deficit of 5.0% of GDP (Rs1.9trn) in 9MFY19. Importantly, the primary balance during the period clocked in at 0.4% of GDP or Rs194bn (last year was -1.2% of GDP or -Rs463bn), close…