Retailers launch big hiring sprees as coronavirus spurs demand
LONDON: Grocers and online retailers are hiring hundreds of thousands of workers to cope with a surge in demand as the industry booms during the coronavirus pandemic while many others…
All port and Custom activities to continue for 15 days starting March 24th
KARACHI: Government has notified that all port and Customs operations including imports, exports and allied functions being essential service would continue for 15 days starting March 24, 2020. The Ministry…
Central bank cuts interest rates by another 150bps to 11 percent
KARACHI: The Monetary Policy committee (MPC) of State Bank of Pakistan (SBP) has announced to cut the policy rate by a further 150 basis points to 11 percent. This brings…
Customs agents facing troubles in doing their job
KARACHI: The customs agents and importers are facing much troubles in doing their job as they have been barred from entering the Customs House. Although the ports are operational, but…
PSX Launches its First Ever ETFs
Karachi: In a first, Pakistan Stock Exchange (PSX) has launched a new product, the Exchange Traded Fund (ETF). With this product, PSX has joined the list of stock exchanges in…
SECP advises PSX to extend duration of market halt to 120 minutes
KARACHI: Securities and Exchange Commission of Pakistan (SECP) has advised Pakistan Stock Exchange (PSX) to extend the duration of market halt from 45 minutes to 120 minutes for a period…