• June 10, 2024
UBG Leaders Oppose K-Electric’s Recent Rate Hike, Citing Severe Economic Disruptions

Karachi, Leaders of the United Business Group (UBG), including Chief Patron S.M. Tanveer and President Zubair Tufail, have called for an immediate reversal of a significant electricity rate increase approved by the National Electric Power Regulatory Au…

The post UBG Leaders Oppose K-Electric’s Recent Rate Hike, Citing Severe Economic Disruptions appeared first on Pakistan Business News.

  • June 10, 2024
SAI President Criticizes SBP’s Modest Rate Cut, Calls for More Aggressive Reductions

Karachi, Muhammad Kamran Arbi, President of the Site Association of Industry (SAI), has publicly criticized the State Bank of Pakistan’s (SBP) recent decision to reduce the interest rate by only 1.5%. Arbi described the cut as “insufficient” for addres…

The post SAI President Criticizes SBP’s Modest Rate Cut, Calls for More Aggressive Reductions appeared first on Pakistan Business News.