Business

Aptec Distribution FZ LLC, a fully owned subsidiary of Ingram Micro Inc., one of the largest technology distributors in the META region, today announced signing a distribution agreement with Dell Technologies in Pakistan. Through this agreement, Aptec Distribution FZ LLC is now authorized to distribute Dell Technologies portfolio which will...

KARACHI: The State Bank of Pakistan will remain closed for public dealing on Monday, April 27, 2020, which shall be observed as “Bank Holiday” for the purpose of deduction of Zakat. All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on Monday, April 27, 2020. However, all employees of the...

KARACHI: State Bank of Pakistan (SBP) issues notification regarding bank timings to be observed during the holy month of Ramazan starting 25 April 2020. UPDATE: SBP issues bank timings during Ramazan 2021. SBP issues notification regarding bank timings to be observed during Ramazan. The notification issued states, "In continuation of...

KARACHI: Sindh Government has issued notifications stating that it will be providing 25 percent relief on taxes due for the year 2019-2020. This includes Motor Vehicle Tax, Property Tax as well as Professional Tax. Sindh Govt gives 25 percent relief on Taxes and Exemption from Entertainment Duty, Entertainment Duty has...

KARACHI: Indus Motor Company (IMC) issued a public notice stating that they will be shutting down the Toyota Production Plant due to the worsening coronavirus crisis as their supply chain has been affected and keeping in view the current situation as well as directives and advisory that have been issued...

The Sindh Government has issued SOPs for concerned businesses and the general public with what will remain closed during the lockdown and what will be permitted. These SOPs were issued on 14 April 2020. Whereas the Cornea Virus spread and increase in COVID-19 cases has been seen worldwide causing devastating...

Toyota Prices have been increased by Indus Motor Company (IMC) for Yaris, Corolla and other vehicles including IMV variants after the devaluation of the Pakistani rupee against US dollar. These new prices will be effective from 15 April 2020. Toyota Prices Increased by IMC for Yaris, Corolla and IMV variants....

KARACHI:  Mastercard has signed an agreement with Askari Bank Pakistan for a multifaceted partnership to enhance customer experience and launch new products for a growing number of the Bank’s customers. The agreement is part of Mastercard and the Bank’s commitment to bring innovative payment solutions to more people across the...

Bank Alfalah is proud to be one of two exclusive partners for the delivery of the Prime Minister’s Ehsaas Emergency Cash Programme, a PKR 144 billion fund aimed at supporting communities affected by the country-wide lockdowns due to the coronavirus (COVID-19) The Ehsaas Emergency Cash Programme is the largest social...

Emirates Skywards, the loyalty programme of the world’s largest international airline, is supporting its 27+ million members by understanding their needs, relaxing policies, adding flexibility, and including extensions – in short, giving members the reassurance they need during the global pandemic. Emirates Skywards extends support, offers flexibility to members Retaining...

Easypaisa, Pakistan’s leading provider of digital financial services has partnered with Zakat and Ushr Department of the Government of Punjab to digitally disburse funds to those who are being affected by the lockdown amid the COVID-19 pandemic. The collaboration is aimed to disburse Zakat funds of PKR 1.5 billion to...

With the dollar rate now gone up and businesses facing a loss due to the COVID-19 pandemic Road Prince increased Prices starting 1 April 2020 for selected models. Road Prince increased rates for 70cc models. A circular has been issued with Road Prince increased prices which has already come into...