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After Bangladesh (erstwhile East Pakistan) seceded from Pakistan in 1971, diplomatic ties between the two nations were not established until February 1974, when Pakistan recognised Bangladesh. [4] On 24 July 1976, the Bangladeshi government inaugurated a Trade Commission office in Karachi, thus establishing its diplomatic presence in the city.
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
Distribution companies (DISCOs) are companies under Pakistan Electric Power Company (PEPCO) responsible for distribution of electricity in their respective allocated areas. . They buy electricity from producers such as Water and Power Development Authority (WAPDA), GENCOs, PAEC and other private Independent Power Producers (IPPs) and sell it to their respective area custome
Electricity in Pakistan is generated, transmitted and distributed by two vertically integrated public sector companies, first one being Water and Power Development Authority responsible for the production of hydroelectricity and its supply to the consumers by electricity distribution companies (DISCOS) under the Pakistan Electric Power Company (PEPCO) being the other integrated company.
K-Electric Limited (KE), formerly known as Karachi Electric Supply Company Limited or Karachi Electric Supply Corporation Limited, is a Pakistani utility company based in Karachi. Privatised in 2005, KE is the only vertically integrated utility in Pakistan supplying electricity within a 6500 km square territory including Karachi and its ...
Karachi: Petroleum [2] 4: United Bank Limited: Rs. 467.92 billion (US$1.6 billion) Karachi: Banking [2] 5: Fauji Fertilizer Company: Rs. 466.05 billion (US$1.6 billion) Rawalpindi: Fertilizer [2] 6: Meezan Bank: Rs. 433.43 billion (US$1.5 billion) Karachi: Banking [2] 7: Colgate-Palmolive Pakistan: Rs. 364.96 billion (US$1.3 billion) Karachi ...
Gas supplies meet 56% of Bangladesh's energy demand. [1] However, the country faces an acute energy crisis in meeting the demands of its vast and growing population. Bangladesh is a net importer of crude oil and petroleum products. [1] The energy sector is dominated by state-owned companies, including Petrobangla and the Bangladesh Petroleum ...
Cnergyico Pk Limited, formerly Byco Petroleum Pakistan Limited and Bosicor Pakistan Limited, is a Pakistani petroleum refinery based in Karachi. [4] It is a subsidiary of the Mauritian company Cnergyico Industries Incorporated [ citation needed ] .