Karachi, June 09, 2020: SICPA Pakistan has completed the installation of a Solar Energy System at its factory in Karachi. With an operating life of 25 years, annual generation of the project is 245 MWH. This Solar Energy Installation will on average generate 671 KWH daily, meeting 25 percent of the electrical power demand of…
Karachi, June 09, 2020: Opening of Pak-Iran border-Taftan on alternate days for a limited time period and reduced number of trucks from Iran to Pakistan is posing serious threat to the smooth export of Pakistani mango to Iran. Taftan boarder is being used for export of Pakistani Mango to Iran. Thus, mango exporters have approached…
Karachi, June 09, 2020: The King Abdullah Bin Abdul Aziz Program for Charity Works (KAAP), Islamic Development Bank (IsDB) have donated COVID-19 emergency healthcare assistance to the Director Health Services, Health Department, Government of Sindh to combat spread of COVID-19. The ceremony was attended by the IsDB Representative in Pakistan, Mr. Inamullah Khan, Project Manager…
Karachi, June 09, 2020: The textile exporters have urged the Prime Minister to restore the “zero-rating on sales tax – “No Payment No Refund Regime” by revival of SRO 1125” for the export-oriented sector. The textile exporters said due to the withdrawal of zero-rating, the entire textile industry has suffered a severe setback, with approximately…
Islamic finance delivers another milestone transaction for Pakistan in difficult times Karachi, June 09, 2020: Meezan Bank, Pakistan’s first and largest Islamic bank has played a leading role in successfully concluding the issuance of Pakistan Energy Sukuk (PES) II worth approximately PKR 200 billion by Power Holding Limited (PHL), a public sector entity fully owned…