Karachi, April 30, 2020: In line with the Ministry of Energy’s directives, Industrial Support Package (ISPA) arrears for the period July-December 2019 were applicable in March2020. However, in light of the current COVID-19 crisis and the resulting unprecedented situation, K-Electric, on the request of industrial consumers, extended relief to the industrial sector by deferring the collection…
Islamabad, April 30, 2020: The federal government on Thursday announced to cut the petroleum products prices up to Rs 30 per litre following the massive fall in the crud oil prices in the international market. According to notification MS petrol price has been reduced by Rs 15 per litre. The new petrol price will be…
Karachi, April 30, 2020: Nestlé Pakistan posted a revenue of PKR 29.8 billion, an increase of 2.6 percent compared to the same period last year, despite many difficulties emanating from COVID-19 crisis. Juices and water as well as products for out-of-home channel were severely impacted by the lockdown. In addition, Afghanistan border closure had a…
Karachi, April 30, 2020: Pakistan State Oil (PSO), the leading oil marketing company of Pakistan, convened its Board of Management (BoM) meeting on April 29, 2020 to review the company’s performance during the nine months of fiscal year 2019-20 that concluded on March 31st, 2020. Despite serious challenges faced by the economic and business world…
Karachi, April 30, 2020: Patron in Chief North Karachi Association of Trade & Industry (NKATI) Capt. A Moiz Khan and president Nasim Akhtar have expressed grave concern over rumors of end or easing of lockdown across Sindh, including Karachi, and appealed to Chief Minister Sindh Syed Murad Ali Shah to continue lockdown for prevention of…