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State Bank of Pakistan issued new instructions over the Interest Rates and Deposit Rates

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Engro employees who were earlier in contact with the victim test negative for Covid-19

Engro Corporation Limited in its latest Press Release has informed that the employees who were in contact with their colleague affected by the COVID-19 ، undertook the lab test and tested negative for the virus. “On Tuesday (March 11), a few Engro employees who were in contact with their colleague affected by the Coronavirus COVID-19 – undertook the lab test. Results show that all of them have tested negative for the COVID-19 and they have been given a clear bill of health by doctors” the press release said. “The Engro employee who earlier tested positive for the virus is doing well at a local medical facility. The Engro team has been in close touch with the doctors and his family and is extending all possible support” it added. As communicated earlier, Engro offices at The Harbour Front Building shall resume on Monday, March 16, 2020. Employees will continue to work from home till then. In the interim, all Engro floors at the building will be deep cleaned and disinfected.  A...
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Govt to provide Rs 400m subsidy to farmers on PB Rope import

The government will provide 400 million rupees subsidy to framers on the import of PB Rope from the current cotton sowing season. According to Cotton Commissioner in the Ministry of National Food Security and Research Dr Khalid Abdullah، subsidy for PB Rope imports for about 2,00,000 hectares would be provided to help overcome threats of pest attacks on crop during its fruiting season and save the crop from damage. He said the amount is being allocated to enhance per-acre cotton output across the crop sowing areas of the country. Cotton Commissioner informed that government in close coordination with private sector had also designed a holistic program to ensure provision of certified cotton seed to farmers in order to achieve maximum per acre crop output during the season and get more profit.
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