Business
K-Electric Board expresses concern about power situation on account of fuel shortage
Karachi, June 26, 2020: In the K-Electric Board Meeting held on June 25, the Board expressed serious concerns about the inconvenience suffered by KE’s valued customers due to frequent power outages resulting from KE’s inability to procure adequate fuel stock. The meeting was chaired by Mr. Riyadh S. A. A. Edrees, with other Board members and…
CCP asks airlines to pay damages to mango exporters
Karachi, June 25, 2020: The Competition Commission of Pakistan (CCP) has asked cargo operating airlines to pay compensation to mango exporters if their consignments of mangoes are damaged during the flight and the process of logistics and handling under their operation. The commission, in this regard, passed an order addressing the issue of mandatory filing…
NKATI demands PM to reduce 20pc gas tariff
Karachi, June 24, 2020: Capt. A Moiz Khan, patron-in-chief, North Karachi Association of Trade and Industry (NKATI) and President Naseem Akhtar have appealed to Prime Minister Imran Khan to reduce 20 percent gas tariff given the significant reduction in energy prices in global markets and economic crisis due to COID-19, so that to reduce the…
Bank Alfalah Commits Rs. 10 million For PM’s Ehsaas Ration Distribution Program
Karachi, June 24, 2020: Bank Alfalah will be donating Rs. 10 million under the PM’s Ehsaas Ration Distribution Program for the provision of much-needed food supplies in areas of Pakistan which have been most affected by the pandemic. This collaboration follows the Bank’s efforts to support communities in Gilgit-Baltistan, Azad Jammu & Kashmir, and Khyber…
BankIslami opens new branch in Balochistan
Karachi, June 24, 2020: BankIslami announced the opening of its new branch in Sanjavi Balochistan. To commemorate the new location, higher officials from Balochistan and Burhan Hafeez, General Manager – South, BankIslami joined, at the grand opening celebration and ribbon-cutting ceremony to officially open the branch. “We’re excited to expand our presence in Balochistan and…