Karachi, May 12, 2020: The Competition Commission of Pakistan (CCP) has issued a Policy Note recommending that the Securities & Exchange Commission of Pakistan (SECP) restore the requirement of cost audit of five sectors in particular, and all other sectors in general, for facilitating policy interventions and promoting competition. The CCP’s specific recommendation is the…
Karachi, May 12, 2020: A leading civil society organization, Participatory Organization (SPO) has initiated a short-term project in two districts of Karachi (East and Malir) covering 08 UCs to create awareness about Coronavirus prevention among masses, statement issued here Tuesday said. The project named “Provision of Hand washing Facilities and Community Awareness on COVID-19” is…
Karachi, May 11, 2020: The Emirates Group today announced its 32nd consecutive year of profit, against a drop in revenue mainly attributed to reduced operations during the planned DXB runway closure in the first quarter, and the impact of flight and travel restrictions due to the COVID-19 pandemic in the fourth quarter. Released today in…
Karachi, May 11, 2020: Since its launch of Refinance Scheme to Support Employment and Prevent Layoff of Workers, called Rozgar Scheme in common parlance, State Bank has been constantly receiving feedback from various stakeholders, making the scheme more facilitative for businesses and creating incentives to prevent layoff of employees under current COVID Pandemic scenario. Many…
Karachi, May 11, 2020: The business optimism in Pakistan was on the decline during Q1 2020 compared with Q4 2019 even before the government had executed the lockdown restrictions to shutter the economy in an attempt to halt the spread of the Covid-19 pandemic. The findings of the Dun & Bradstreet’s Business Optimism Index (BOI)…