Islamabad, March 10, 2020: Officials from the Transportation Security Administration (TSA), the U.S. Government agency that oversees airport and air carrier security, will visit Islamabad’s airport, view Pakistan’s aviation security infrastructure, and meet with their Pakistani civil aviation counterparts this week. During the visit to the Islamabad airport, TSA will meet with representatives from the…
Karachi, March 10, 2020: Dr Reza Baqir, Governor State Bank of Pakistan (SBP), emphasized that real economic activity is expected to revive soon on the back of recent economic reforms initiated by SBP and the Government. These comments were made at a session hosted in the UAE by Bank Alfalah, with attendees representing leading financial…
Karachi, March 09, 2020: Market witnessed bloodbath situation, which was triggered by the crashing of oil price from US$45/bbl on Friday’s opening to US$ 28/bbl today (a staggering 62 percent decline). Resultantly, oil stocks hit lower circuit breakers, with OGDC and PPL showing offers of 16 million and 13 million throughout the day. Similar situation…
Karachi, March 09, 2020: Sindh Food Authority temporary sealed Dunkin Donuts manufacturing unit factory in the site area, after exploring the factory the Sindh Food Authority team find some expired packets of candies (bunties) and some unrefined items which have been intermixed. On the instructions of the director-general of food authority, Sindh Food Authority enforcement…
Karachi, March 09, 2020: Federal Board of Revenue has stated that revenue has grown by 17 percent with additional revenues of Rs.345 billion over last year. In the current Fiscal Year 2019-20, out of target of Rs.920 billion for the period from July to January 2020. The FBR has accumulated Rs. 897.5 billion Income Tax…