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Businessmen and citizens blast hike in KESC tariff

By SADIA SAEED

KARACHI - The business community has robustly condemned the federal government’s decision of allowing the Karachi Electric Supply Company to increase electricity charges according to international furnace oil prices. Businessmen were already suffering a lot, financially and mentally these days, as load-shedding had put a halt to their working ability and further increase in KESC tariff would put more financial pressure on the traders and the other consumers, a number of businessmen

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ADB sets new poverty line for Asia

ISLAMABAD - Asian Development Bank (ADB) has offered new ways to measure poverty in Asia and Pacific and fixed US 1.35 dollars a day as a new poverty line for the region.   In a report released on Wednesday, the ADB provided a…
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Industry suffering due to power shortage

LAHORE - Sixteen hours scheduled and unscheduled load-shedding is not only leaving an adverse impact on the national economy but also hampering the productivity of industrial sector. These views were expressed by the PIAF Chairman Irfan…
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Poland for boosting trade ties with Pakistan

KARACHI - Ireneusz Makles, Consul General of Poland, has said that it is need of the hour to accelerate the existing business and trade activities between Poland and Pakistan and explore further avenues of business and investment…
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