Karachi, June 22, 2020: The KSE100-index witnessed 3.4 percent WoW correction, closing at 33,439 levels this week. While the Federal Budget FY21 announced last week brought no joy to market participants, sentiments were further dampened by political noise as BNP-M quit from PTI-led coalition government. Volumes improved during the week, however traded value declined by…
Karachi, June 20, 2020: Emirates will resume scheduled flight services to Sialkot from 24 June. From Pakistan, the airline now operates flights to Dubai from four cities – Karachi, Lahore, Islamabad and Sialkot. Emirates will serve all routes with its modern Boeing 777-300ER aircraft, offering both Economy and Business Class services. From Dubai, customers can…
Karachi, June 20, 2020: Facebook announced the winners of the Ethics in AI Research Initiative for the Asia Pacific, an initiative to help support thoughtful and ground-breaking academic research in the field of artificial intelligence (AI) ethics. Among the winners from nine different countries is Junaid Qadir, Professor at the Information Technology University (ITU) of…
Karachi, 20 june, 2020: Ismail Suttar, President of the Apex Body of Manufacturers, The Employers Federation of Pakistan (EFP), has advised the government to consider importing oxygen cylinders from China to meet the escalating demand for Oxygen gas cylinders in the country amid Corona outbreak. He says that Pakistan has capacity but some shameful lot are…
Karachi, June 17, 2020: Governor State Bank of Pakistan (SBP) Dr. Reza Baqir called a meeting of Banks today for deliberations on the measures proposed by Naya Pakistan Housing and Development Authority (NAPHDA) and identify way forward to ensure sustainable market-led financing of housing projects and mortgages. The meeting was chaired by the Governor SBP,…