Sindh Government imposed lockdown on March 23rd 2020 for two weeks and then further extended the restrictions till April 14th 2020. Three weeks province vide lockdown may not be eased off after April 14th as leading Doctors and Chinese Medial Experts have urged the Provincial Government to extend the restrictions noted Ateeq Ur Rehman (Economic…
Karachi, April 04, 2020: Following a 3-week rout of the KSE-100 Index, the bourse finally rebounded this week with a 12.5 percent return WoW – highest ever weekly return. Optimism in the bourse was sourced from the federal government announcing a series of measures to mitigate risks to the economy from the COVID-19. Banks and…
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…
Karachi, January 07, 2020: The State Bank of Pakistan today released its First Quarterly Report on the State of Pakistan’s Economy for FY20. According to the report, Pakistan’s economy moved progressively along the adjustment path during the first quarter of FY20. The macroeconomic stabilization process picked up momentum with the initiation of the IMF’s Extended…
New 3D print facilities in US, and Indonesia M&S throws weight behind sustainable lighting refurbishment Big brands take to bespoke eco-friendly luminaires printed on demand Karachi, November 26, 2019: Signify (Euronext: LIGHT), the world leader in lighting, unveiled its facilities to 3D print light shades and fittings (luminaires) in the Netherlands and plans to establish…