Telecom firms warned the government of probable connectivity breakdowns if the power crisis continues. Telecom carriers say rising fuel prices have limited BTS backup. The operators warned PTA they may declare force majeure if disruptions persist. Telcos Have Issued a Warning to the PTA Ahead of the Planned Load-Shedding of Data and Signals. Telecom firms … Read more
KARACHI: The State Bank of Pakistan (SBP) will launch the electronic warehouse receipt financing (EWRF) for maize crop on February 22, at an event in Tehsil Chunian, District Kasur, a statement said. At the event banks will be signing their system usage agreements with Naymat Collateral Management Company Ltd (NCMCL) to commence operations under this … Read more
KARACHI: The Pakistan stocks witnessed a bullish session, as investors’ sentiment eased after the State Bank of Pakistan (SBP) cued short-term relaxation over interest rates, dealers said on Monday. “Additionally, international oil prices are falling down near $70/bbl, reflecting the comfort in commodities prices; thus, supported the bourse,” an analyst at Pearl Securities said. “On … Read more
