Alarmingly, a preliminary investigation into a deadly plane crash in Pakistan has found that 1-in-3 of the country’s pilots have fake licenses and are unqualified to fly. The Pakistan International Airlines (PIA) Airbus A320 crashed in the city of Karachi on May 22 after taking off from Lahore, killing 97 people. While it remains unclear whether the pilots of the ill-fated aircraft were among those … Continue reading 1/3rd of Pakistani Pilots have Fake Licenses
Have you been #laidoff due to the #pandemic? Do you have an account with Askari Bank? Have you taken a loan from Askari Bank or use their #CreditCard? Good news- rather some hopeful news- Askari Bank will view your case and accommodate with whatever they can. Askari Bank’s take: The pandemic of Covid-19 is impacting us all at a very personal level and in the … Continue reading Askari Bank facilitating COVID-19 terminated employees and self employed who suffered losses.
Elon musk losing his marbles! Stay at home orders are getting to everyone. Tesla Founder #ElonMusk tweeted that the Company’s Share price was Too ‘High’. Elon Musk is on the cusp of a $730 million award, even after a tweet tanked Tesla’s stock CEO is poised to reach key performance goal in the coming days Not even a pandemic — or a tweet — can … Continue reading Elon Musk having a Mental Breakdown?
Better controls: Often, small companies lack a breakup of duties. One person is performing all of the financial assignments. This is a situation that can lead to fraud and theft. Hiring a Virtual CFO to perform these services gives you peace of mind and greatly reduces the risk of losses due to theft and fraud. Increased cash flow: Is your cash flow not where you … Continue reading Virtual CFO benefits and Our Services
Nisab for Zakat deduction on bank accounts for the current lunar year has been fixed at Rs. 46,329. According to a notification put out by the Poverty Alleviation and Social Division, no Zakat deduction at source will be made in case “the amount standing to the credit of an account in respect of the assets mentioned in column 2 Serial No.1 of the first schedule … Continue reading If your bank balance is more than Rs. 46,328, banks will deduct ZAKAT
At first blush, it seems like the coronavirus pandemic is shutting down the economy everywhere, equally, with frightening force and totality. In many respects, that’s true: Across the country, consumer spending—which supports 70% of the economy—is crashing in community after community, as people avoid stores, restaurants, movie theaters, offices, and other public places. Already, the layoffs have begun, with reports coming in from both big … Continue reading Recession is Coming !
While governments around the world are taking measures to slow down the COVID-19 pandemic, scientists are working vigorously to find a long-term solution, meaning either a drug that helps alleviate the illness or a vaccine. While the world’s hopes for an effective treatment for COVID-19 are currently resting on an antiviral drug called remdesivir, which was originally developed to fight Ebola and is currently tested … Continue reading Roadmap Towards a Vaccine | Social Distancing
Crisis management Set up a Crisis Management Team (CMT) as soon as possible to oversee major issues, formulate contingency plans, coordinate and align implementation of different departments, and ensure speedy responses and decision-making. If you already have a CMT, review and revise the representatives. Are the right people on the team as this situation rapidly develops? Communicate proactively Managing different stakeholders’ expectations and priorities during … Continue reading Crisis Management Planning to Better Cashflows
Attention General Public: Sale, purchase and transfer of foreign currency through Hawala or Hundi operators is illegal. – State bank of Pakistan Continue reading State bank of Pakistan warns Public
Trump goes after Thunberg after “Person of the Year” win: “So ridiculous. Greta must work on her Anger Management problem” Continue reading Trump bullying Greta on twitter. Response epic