Karachi, July 19, 2019: Pakistan International Airline Corporation Limited (PIAC) has suffered a loss of over Rs 47 billion during the calendar year 2017 I(CY17). PIAC on Friday released its financial results for 2017 after a delay of almost 18 months. According to the financial statement, PIAC losses recorded an increase of almost 7 percent…
Islamabad, July 18, 2019: The fertilizer industry has asked the federal government for immediate settlement of GIDC. The fertilizer industry, in order to prevent an adverse situation that could cause Government serious problems, has been providing its major contribution towards the employment and the national exchequer. It fully supports the Government nonetheless anticipates that to…
Karachi, July 18, 2019: Federal Minister for Aviation Ghulam Sarwar Khan has said that Pakistan Civil Aviation Authority has suffered a loss of Rs 8.5 billion, owing to air space restrictions since February 2019 in the wake of aftermaths of Indian transgress; but this closure hit Indian Aviation drastically hard as compare to Pakistan; he…
Karachi, July 18, 2019: Haleeb Foods one of the leading food and beverages company of Pakistan won the prestigious accolade in the food category at the 16th Annual Environment Excellence Awards for being committed to being at the forefront of the environmental protection in Pakistan. This award distinguishes the high-quality standards and vision of the…
Karachi, July 18, 2019: The State Bank of Pakistan has announced the designation of D-SIBs for the year 2019 under the Framework for Domestic Systemically Important Banks (D-SIBs) that was introduced in April 2018. The framework introduced by the State Bank is consistent with the international standards and practices and takes into account the local…