Lahore, August 06, 2020 (PPI-OT): Chief Minister Punjab Sardar Usman Buzdar has said that resolution of the issues being faced by the business community is top priority of the government as they are the backbone of the economy. While talking to the delegation of different chambers, led by the LCCI …
Read More »Daily Archives: August 6, 2020
Business Confidence in Pakistan is Negative 50% Due to COVID-19
Karachi, August 06, 2020 (PPI-OT): Overseas Investors Chamber of Commerce and Industry (OICCI) shared the results of its Business Confidence Index (BCI) Survey – Wave 19, which shows that the overall Business Confidence Score (BCS) in Pakistan stands at 50 percent negative, a 5 percent drop from the 45 percent …
Read More »Zong and ZTE Launch the First Commercial MEC Trial in Pakistan
Islamabad, August 06, 2020 (PPI-OT): Leading the digital innovation and heralding a new digital revolution in the country, Zong, in collaboration with ZTE Corporation, has successfully launched the first commercial MEC (Multi-access Edge Computing) trial in Pakistan. The major development paves the way for conducting more 5G trials in Pakistan …
Read More »Bombardier Reports Second Quarter 2020 Financial Results, Progress on Near-Term Priorities
Pro-forma(1) liquidity(2) of approximately $3.5 billion, including approximately $1.7 billion of consolidated cash on hand, $738 million of available revolver capacity at Transportation as of June 30, 2020, and up to $1.0 billion of new liquidity from recently announced senior secured credit facility Free cash flow usage(3) and cash flow usage from operating activities better […]
Read More »Traders to stand with Kashmiri brethren till freedom: FCCI President
Faisalabad Chamber of Commerce & Industry (FCCI) president Rana Sikandar Azam Khan said that traders and businessmen will stand with the Kashmiri brethren till their freedom. Addressing a seminar to mark the Youm-e-Istehsal Kashmir, he said that Kashmiris had been facing tyranny and brutalities by Indian forces for raising voice …
Read More »Sale of sugar, flour in excess of Govt rate will not be allowed across Punjab: Buzdar
Punjab Chief Minister Sardar Usman Buzdar has said that sale of sugar and flour in excess of government rate will not be allowed across the province. In a statement issued from Lahore today, he said that administrative measures should be taken to ensure availability of flour and sugar in markets …
Read More »PSX remains bullish
The Pakistan Stock Exchange was bullish on Thursday. The KSE-100 Index closed at 40166.12 points as compared to 39882.78 points on the last working day with a positive change of 283.34 points. The total turnover was 826, 808,981 as compared to 501,945,551 on last working day with World Call telecom …
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