Islamabad, March 28, 2020: During the times of social distancing, Pakistani telecom operator Ufone is ensuring that its customers remain connected to their loved ones from the comfort of their home. Ufone has launched free WhatsApp for prepaid users all over Pakistan. Users only need to dial *987# to subscribe to the offer after which…
Karachi, March 28, 2020: During the four day trading week (Monday being a National Holiday to mark the Pakistan Resolution Day), the index closed in red in 2/4 sessions. Stocks dived sharply to 27,229 points in the first two days, lowest level since Mar’14, as investors continued to gauge the broader economic fallout of Coronavirus….
Karachi, March 28, 2020: Spokesman Pakistan Poultry Association, Mr. Khalil Sattar, has extended serious apprehensions on the short supply of chicken and eggs in the coming months because of extremely low consumption due to the closure of restaurants, hotels and wedding parties. The consumption has plummeted and prices have crashed, as such, no boiler farmer…
Karachi, March 28, 2020: The Jack Ma Foundation and Alibaba Foundation today announced that the second batch of shipment of donated medical supplies, including testing kits and other medical equipment, arrived in Pakistan. This is in addition to previous batch, which landed in Pakistan on 25th March. The National Disaster Management Authority, Government of Pakistan…
Karachi, March 24, 2020: At its last meeting on 17th March 2020, the Monetary Policy Committee (MPC) noted considerable uncertainty about how the Coronavirus outbreak would impact the global economy and Pakistan. In the statement issued following that meeting, the MPC “emphasized that it stood ready to take further actions if and when needed as…