Power ministry must intervene to resolve ISPA issue: Suleman Chawla Karachi, April 23, 2020: President SITE Association of Industry, Suleman Chawla has demanded Ministry of Power to restrain K-Electric from collecting ISPA charges from the industrial consumers and immediately issue revise bills minus ISPA charges with one week extended, last date for payment for the current…
Karachi, April 23, 2020: Jazz, Pakistan’s largest digital company, will be matching donations by its customers to the Prime Minister’s COVID-19 Relief Fund. In the interest of a robust and timely response to the looming health and economic challenges, Jazz has stepped up to offer its support to the country. As part of Jazz’s recently…
Karachi, April 23, 2020: Market traded range bound for most of the session, with Cement, Banks and Engineering (Steel) sectors facing selling pressure, whereas Oil & gas stocks trading green. International crude price rebounded overnight for WTI to trade +15 percent from its previous close and helped OGDC, PPL and HASCOL hitting upper circuits. Sentiment…
Karachi, April 22, 2020: Amid the growing concerns of COVID – 19 pandemic, State Bank of Pakistan (SBP) has, thus far, announced a number of regulatory relief measures for the financial sector and real economy. These measures are primarily aimed at ensuring the safety and soundness of banking sector while enhancing their lending capacity to support the economic activities in…
Islamabad, April 22, 2020: The Covid-19 crisis will out of necessity give rise to a new world order based on review of policies and strategies, and reorientation of survival concepts and doctrines. Pakistan cannot afford to remain oblivious to this transformation and will have to align itself with the altering world and swiftly change the…