Karachi, July 6, 2020: Industrials have lodged strong protest over prolonged load shedding and allowing K-Electric to charge quarterly Fuel Cost Adjustment (FCA) of 2.89 rupees per unit. President of SITE Association of Industry Suleman Chawla has questioned the Economic Coordination Committee to clarify who is dearer to them: K-Electric or trade & Industry. He…
Karachi, July 6, 2020: Non-removal of anomalies put importers in trouble and they have expressed reservations over non-removal of budget anomalies by ignoring their recommendations and requested for a review Chemical importers have demanded to restore 2 pc income tax on commercial importers and withdraw the decision to increase the income tax rate to 5.5…
Karachi, July 06, 2020: Pakistan Stock Exchange (PSX) closed higher on first trading day of the week. On Monday KSE-100 index of went up 187 points during the session and made a comfortable close above 35200 level. E&P, OMC, Cement and Pharma sectors performed well. Although profit booking was also observed in Pharma sector. Fertilizer…
Karachi, July 06, 2020: Daraz has signed a partnership with Telenor Pakistan to offer customers access to prepaid packages and package bundles for mobile recharge on the leading eCommerce platform along with exclusive offers. The new partnership stands in line with the two companies’ commitment towards digitalization in Pakistan to offer enhanced convenience and customer…
Karachi, July 06, 2020: JS Bank’s deposits continued to grow and crossed Rs 400 billion (approx. USD 2.3 Billion) mark. Acknowledged as one of Pakistan’s largest SME banks and mortgage providers offering diverse individual and institutional banking solutions; JS Bank has been recognized by the State Bank of Pakistan as the best performer under the…