This Week

The biggest challenge Pakistan is facing today is to reduce poverty and achieve sustained economic growth. Present government is committed to address this challenge in consultation with key stakeholders in the economy, especially the private sector, civil society organizations and …

Almost no facet of our world economy has been immune to the COVID-19 crisis not only as a health crisis in the short term but also as a devastating social, economic and political crisis. People think that most disruptions occur …

Driven by an undeniable responsibility and its fundamental values, the Dawood Hercules Group and Engro Corporation are committed to solving some of today’s most pressing issues faced by Pakistan. Mr. Hussain Dawood, Chairman Dawood Hercules Corporation and Engro Corporation, has …

Since March 2020 State Bank of Pakistan has cut interest rate by 625bps. It had also imposed restriction on payment of dividend and issue of bonus shares for two quarters. The two measures were taken to ensure ample liquidity in …

Pakistan is passing through an unprecedented crisis and being a Third World Country it is impossible to control the pandemic with the available government means. In a time of such devastation, entrepreneurs of goodwill and generosity should get united, regardless …

There are plenty of organizations across the world, which have made tremendous efforts to pay back to the society by doing splendid activities for the benefits of the downtrodden and for the environment in the long run. We all need …

‘Money belongs to you, but resources belong to the society’. With growing awareness about corporate social responsibility (CSR) among stakeholders, achieving social goals is as important as delivering shareholder value and profitability. Corporate Social Responsibility or CSR is a concept …

Dr. John P. Holdren (Advisor on S&T to US President Barack Obama for his double term in office and who has been a distinguished faculty at Harvard and Berkley for over two decades) believes that there are two ways a …

State Bank of Pakistan (SBP) has introduced a temporary refinance scheme for payment of wages and salaries to the workers and employees of the business concerns. SBP has extended the Rozgar Scheme for supporting employment for another three months and …

COVID-19 pandemic has further mounted the poverty level in Pakistan where surging poverty levels and rising inflationary pressure have already hardest hit the poor and ordinary Pakistani in the past two years of the present government of Prime Minister Imran …

Fauji Fertilizer Bin Qasim (FFBL) announced its 2QCY20 financial results posting an unconsolidated loss of Rs1,160 million (LPS: Rs1.24) as compared to a loss of Rs84 million (LPS: Rs0.09) in 2QCY19. It takes 1HCY20 earnings to Rs4,208 million (LPS: Rs4.5). …

The health, geopolitical and socioeconomic impacts of COVID-19 crisis are significant and catastrophic. Organizations are finding way to understand, react, and learn lessons from the rapidly unfolding events. While the effects of the exponential impact of the virus have proved …