Offering Video Remote Application Service to Local Wealth Management Customers HONG KONG, CHINA: Citibank will be the first in Hong Kong to introduce a virtual meeting room to provide a video remote insurance application service starting from next week. Local Citigold Private Client and Citigold customers can have video meetings with their relationship manager online...
ISLAMABAD: Pakistan Economy Watch (PEW) on Thursday said insurance cover is mandatory for reopened industries therefore this sector should also be allowed to serve so that risks can be mitigated. Extension in lockdown is a good move as life of masses is important than livelihoods, it said. Reopening of industries will kick start the stalled...
Pakistan’s first E-commerce Index, which provides insights on consumer behaviour and maps out the growth of the ecommerce industry, was launched by Daraz at an online event hosted by the platform and attended by Federal IT Secretary Shoaib Siddiqui on April 16th, 2018. Pakistan remains a cash-reliant economy and consequently, collecting reliable data regarding the...
KARACHI: Pakistan Stock Exchange (PSX) on Wednesday witnessed bullish trend as KSE 100 index closed at 31242.19 points. A total of 185,594,870 shares were traded as compared to the trade 130,415,063 shares during the previous day. As many as 354 companies transacted shares in the stock market on Wednesday, out of which 209 recorded gain...
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday said that the State Bank of Pakistan (SBP) has called for deferring debt payments to one year, however, the commercial banks were not cooperating with the business community in this regard. “Commercial banks want more guarantees on the matter,” he said while briefing...
KARACHI: The police on Wednesday stopped traders from opening their shops in Saddar mobile market. A number of traders reached the Saddar mobile market and tried to open their shops, but they were not allowed. According to the metropolitan police, a number of traders reached to resume their trade activities in the market but they...
LAHORE: SAARC Chamber of Commerce and Industry, an apex trade body in the region, Wednesday urged the World Bank,IMF,G-20 and Asian Development bank to write off loans of all South Asian countries to offset ever increasing in memory looming threat of Coronavirus badly crippling their impecunious economies. Talking to a delegations of exporters led by...
LAHORE: Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq Wednesday donated Rs. 1 million to Prime Minister Imran Khan’s special COVID-19 fund and pledged extending maximum cooperation to the government in its endeavours to eradicate coronavirus pandemic across the country. In a statement issued here today, Mian Kashif Ashfaq said furniture producers and exporters...
ISLAMABAD: Pakistan Economy Watch (PEW) on Wednesday supported the smart lockdown policy of the government saying that allowing certain industries to operate will help the commonman. The move will kick start the stalled economic activity, provide jobs to millions, and generate revenue, said Chairman Brig. (retd) Muhammad Aslam Khan. Talking to noted chartered accountant Tariq...
ISLAMABAD: To contain the global spread of COVID-19, advanced economies must keep a focus on helping other countries with weak healthcare systems while fighting in their own homeland. In fact, if things are not under control in less developed countries, it could come back to hurt the developed countries, says a report carried by Gwadar...