WACC based return formula likely to increase by 2pc Karachi, May 06, 2020: The Pakistan Gas sector has been facing severe liquidity constraints on account of both natural gas and RLNG. During 9MFY20, SNGP recorded natural gas differential of Rs48.5bn. The annualized indigenous gas differential amount of Rs65bn (9M: Rs48.5bn), translates into Rs/mmbtu of ~Rs177…
Karachi, April 20, 2020: The COVID 19 crisis has directed government health resources towards treating patients afflicted with the deadly virus. While this addresses a pressing need, it cannot come at the cost of neglecting the responsibility to continuously providing health services to those who may be at risk from other prevalent diseases. These include…
Karachi, April 11, 2020: Naya Jeevan and SWVL announced a strategic alliance offering comprehensive health & life insurance coverage (including COVID-19 coverage) to SWVL’s 1000+ captains and their families for the first time. Naya Jeevan has been championing the right to health & life insurance coverage especially for the lower & middle segments of the…
VavaCars partners with the leading Islamic Bank in Pakistan, Meezan Bank to provide innovative Financing products for Car Trading Karachi, February 25, 2020: VavaCars, a globally recognized car transaction platform and Meezan Bank, Pakistan’s leading Islamic Bank, entered into an agreement to pave the way for providing innovative and efficient financing solutions for car traders in…
Islamabad, December 20, 2019: Prime Minister Imran Khan’s “Kamyab Jawan Programme” would provide equivalent distribution of loans to minority youths for their entrepreneur’s skills. Prime Minister Youth Affairs Programme (PMYAP) has accommodated marginalized and minority youths under “Kamyab Jawan Programme” to uplift them socially and economically. According to an official, the minority youths would be…