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: Pakistan Stock Exchange (PSX) lost some 672 points on political uncertainty. Market stayed positive for a brief while earlier today and went +32 points, but after that selling pressure ensued causing a slide of 758 points and ending the session at -672 points. The index breached recent intra-day low of 32,350…
Karachi, July 18, 2019: Safeguard, a renowned P&G brand and one of Pakistan’s leading anti-bacterial soaps, is now being exported to over 20 European countries from Pakistan. Safeguard takes pride in being 100 percent locally manufactured to serve the Pakistani market whilst maintaining high-quality global standards. The export of Safeguard from Pakistan is estimated to contribute…