NIT ANNOUNCES INTERIM RESULTS FOR FY15

National Investment Trust Limited (NITL), the largest Asset Management Company of Pakistan has declared interim distribution for all Funds under its management for the year ending June 30, 2015. The announcements were made through a press release issued by NITL on June 24, 2015 after its Board of Directors approved the interim distribution for all Funds under its management.

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KARACHI PORT REGISTERS A RECORD CONTAINER HANDLING

Karachi Port saw a record handling of containers during the month ending May 2015,which reflects the favourable policies practiced by port authority under the dynamic leadership of Chairman KPT Vice Admiral (R) Shafqat Jawed. The port has registered handling of 160,649 TEUs (Twenty Equivalent Unit) of cumulative imports and exports containers at its two terminals – the Karachi International Container Terminal (KICT) and Pakistan International Container Terminal (PICT) during the month of May surpasses the previous handling of 156,254 TEUs that it handled in the month of January 2015.

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Operation Burq- showing results

K-Electric released details related to the ongoing Burq campaign which is targeting heavy defaulters and thieves from all pockets of the Karachi city. KE’s team along with the LEA’s has been working round-the-clock to end the menace of electricity theft and has reaped positive results from areas where previously KE’s team could not even enter due to resistance from public and defaulters.

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