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KSE-100 increases by 3% MoM in November

Karachi, December 1, 2020: During November, the market provided a return of 3percent MoM, closing above 41k levels (41,069) after closing below 40k in the preceding month. So far in 5MFY21, the KSE–100 has provided a healthy return of 19.3percent Among the major sectors, top performers on MoM basis included Engineering (22.4percent), Technology & Communication…

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E-commerce clearance facility to support exports in post-corona era: PRGMEA

PRGMEA chief asks govt. to also launch Digital Market Policy in consultation with stakeholders Karachi, November 30, 2020: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) on Monday appreciated the efforts of Pakistan Customs to develop an e-commerce automated clearance facility in collaboration with the State Bank, saying the move will prove to be very…

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Zameen Developments, EBCO Constructions sign contract with Tameer Constructions

Lahore, November 30, 2020: Zameen Developments and EBCO Constructions have signed an agreement with Tameer Constructions; granting the latter with exclusive rights to construct the grey structure of Mall 35 in Rawalpindi. The signing ceremony was held at Zameen’s Head Office in Lahore. Zameen.com CEO Zeeshan Ali Khan, Zameen Developments Director Fahad Arif Khawaja, EBCO…

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ChildLife Foundation Has Selected Oracle Cloud Infrastructure to Help Expand Life-Saving Operations

Karachi, November 30, 2020: ChildLife Foundation (ChildLife), a not-for-profit healthcare organization in Pakistan that has saved lives of over three million children to-date, has selected Oracle Cloud Infrastructure (OCI) to support its third party hospital management system application. As a result, ChildLife has significantly increased the utilization of the application by improving its availability and performance, at a…

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