decision Archives | The Biz Update

Pakistan

Decision to withdraw ISPA not ours: K-Electric

The Biz Update5 years ago03 mins

Karachi, March 19, 2020: KE is a responsible corporate entity and follows due process in every aspect of its operations. As such, the withdrawal of Industrial Support Package (ISPA) from July 2019 to December 2019 in the bills issued to industrial consumers is in accordance with the Ministry of Energy’s (MoE) notification and consistent with the bills charged…

Business

SBP’s decision of reducing 75 bps to 12.50pc does not reflect market sentiment: President FPCCI

The Biz Update5 years ago1 year ago04 mins

Karachi, March 19, 2020: Mian Anjum Nisar President, Federation of Pakistan Chambers of Commerce and Industry said that the SBP decision seems totally against the global wisdom under prevailing drastic conditions of the life-threatening disease caused by COVID-19. Global think tanks and large number of countries are supporting economic activities by introducing ease of doing…