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Day: November 19, 2024

K-Electric to Launch First Retail Utility Sukuk Amid Strategic Expansion Plans

November 19, 2024 by Web Desk

Karachi: K-Electric Limited has been assigned preliminary ratings for its inaugural Retail Utility Sukuk worth PKR 3 billion, reflecting its strategic expansion and financial plans. The Pakistan Credit Rating Agency Limited (PACRA) awarded the sukuk a…

Categories General

Federal Tax Ombudsman Reports Resolution of Over 11,000 Tax Complaints

November 19, 2024 by Web Desk

Karachi: Federal Tax Ombudsman Dr. Asif Mahmood Jah announced that more than 11,000 tax-related complaints were received this year, with 94 percent resolved immediately.

According to Korangi Association of Trade and Industry, the Federal Tax Ombuds…

Categories General

Tajik Ambassador Advocates for Restoring Karachi’s Tourist Appeal

November 19, 2024 by Web Desk

KARACHI: The Ambassador of Tajikistan, Sharifzoda Yusuf, emphasized the need to restore Karachi’s former glory as a thriving tourist destination during a meeting at the Karachi Chamber of Commerce and Industry (KCCI). Highlighting the city’s peaceful …

Categories General

Internet Slowdown and VPN Blockages Threaten Pakistan’s IT Industry, Warns P@SHA Chairman

November 19, 2024 by Web Desk

Islamabad: The Pakistan Software Houses Association (P@SHA) has raised alarms over the potential closure of IT companies due to internet slowdown and the blocking of virtual private network (VPN) services. These disruptions pose significant threats to…

Categories General

Pakistan Stock Exchange Reaches New Highs Amid Positive Trends

November 19, 2024 by Web Desk

Karachi: The Pakistan Stock Exchange (PSX) saw significant upward movement as both the KSE-30 and KSE-100 indices reached their 52-week highs, closing at 29,682.72 and 95,856.67 points, respectively. The KSE-100 index recorded a significant gain of 86…

Categories Stock Exchange Announcements
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