Karachi, March 18, 2020: Market showed its disappointment to SBP’s Policy Rate cut in full force. Market halt activated at -1683 points 10:17PM with 57 million shares, an reopened at -1731 points with 66 million shares traded on KSE100. Situation worsened over time and majority of stocks hit lower circuits, causing the Index to plunge…
Karachi, March 18, 2020: In an effort to curtail the spread of the coronavirus, Jazz has mandated its 3000+ employee base to work from home – one of the most comprehensive work from home orders in Pakistan to protect employees and business partners. These orders are effective from 17 March, 2020 till 31 March, 2020….
Put the user at the core, asserts new report from ACCA, as it reveals 51% of practitioners are unaware of explainable AI Karachi, February 17, 2020: Explainable AI (XAI) emphasizes not just how algorithms provide an output, but also how they work with the user, and how the output or conclusion is reached. XAI approaches…
Karachi, January 30, 2020: President of Korangi Association of Trade & Industry (KATI) Sheikh Umer Rehan termed higher policy rate as one of the biggest hurdles in the way of industrialization in the country. He was addressing a seminar on SMEs arranged by Dubai Islamic Bank at KATI. He said that industrial community has learnt…
Karachi, November 22, 2019: At its meeting on 22nd November 2019, the Monetary Policy Committee (MPC) decided to leave the policy rate unchanged at 13.25 percent. The decision reflected the MPC’s view that recent developments have had offsetting implications for the inflation outlook. On the one hand, recent inflation outturns have been on the higher…