Business
Carton Manufacturers in deep trouble due to shortage of raw material
Karachi, March 15, 2021: In a press statement of “All Pakistan Corrugated Cartons Manufacturers’ Association” it was said that carton manufacturers are in deep trouble due to shortage of raw material. As a result of COVID-19 pandemic all over the world, a price hike of waste paper was noticed in the domestic and international markets….
United States helps increase electricity revenue in Peshawar
Islamabad, March 15, 2021: The United States Mission to Pakistan, along with the Peshawar Electric Supply Company (PESCO), celebrated the successful completion of a pilot project to help decrease electricity theft and increase power revenue in Peshawar. Under the project, the U.S. Agency for International Development (USAID) installed 157 kilometers of anti-theft cable and…
KSE 100 close increase of 979pts
Karachi, March 15, 2021: Market opened on a positive note today and added a total of 1051 points, similar to the performance witnessed on Friday. Leveraged positions have come off lately, whereby leverage in MTS, MFS and Futures stood Rs. 45 billion on March 8th, and by the end of the week declined to Rs….
Bank Alfalah and State Life join hands
KARACHI, March 16, 2021: Bank Alfalah and State Life Insurance Corporation of Pakistan have recently signed an agreement with an aim to maximize customer facilitation and extend Bank Alfalah’s portfolio of services. Under this agreement, Bank Alfalah is opening its banking network of over 700 branches across Pakistan for cash management of premium and loan…
Govt urged tap illicit cigarette trade
Karachi, March 12, 2021: The Stop Legal Trade (SIT), an advisory forum for the prevention of illicit trade in the country, has urged the FBR and relevant government agencies to accelerate the efforts of curbing illicit trade so that the financial capacity of the government can be enhanced. In a statement, the SIT spokesperson lauded…