Karachi, June 12, 2020: The federal government for the first time in the history has reduced budget estimates for the next fiscal year 2020-21 compared to estimates of last fiscal year (FY20) due to Coronavirus pandemic. According to budget documents available to thebizupdate.com, the total outlay of budget 2020-21 is estimated Rs 7,295 billion compare…
Ban import of finished items & allow all import in CKD: NKATI Karachi, June 10, 2020: Capt. A Moiz Khan, patron-in-chief, North Karachi Association of Trade and Industry (NKATI) and President Naseem Akhtar have suggested the government to impose sales tax at retail stage instead of manufacturers and industries in budget 2020-21 and urged to…
Karachi, May 30, 2020: The Searle Company Limited has successfully entered into an exclusive licensing & marketing agreement with Beximco Pharmaceuticals, Bangladesh. Searle is the first and only pharmaceutical company in Pakistan to source the generic version of Remdesivir for the treatment of Covid-19 through the Patient Access Program. Remdesivir is a direct acting broad-spectrum…
Islamabad, April 16, 2020: Amidst the COVID-19 pandemic, Telenor has stood by Pakistan, and is living up to its purpose of connecting people to what matters most, and now committing to more. As the current situation does not warrant business as usual, Telenor Pakistan and Telenor Microfinance Bank have gone over and beyond and pledged…
Karachi, April 08, 2020: Pakistan’s largest digital service provider, Jazz, a VEON group company, has pledged PKR 1.2 billion support towards Covid19 relief. The support will include short to mid-term initiatives aimed to limit the negative impact of the pandemic, primarily for the most vulnerable communities. As part of this immediate rollout, Jazz will provide…