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In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan. In February 2018, the World Bank imposed a 33-month debarment on PEL, its affiliates PEL Marketing, Kohinoor Power Company, and its former general manager, Abdul Waheed Butt, for engaging in collusive practices during bidding on World Bank-financed ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 24 November 2024. This article's tone or style may not reflect the encyclopedic tone used on Wikipedia. See Wikipedia's guide to writing better articles for suggestions. (July 2015) (Learn how and when to remove this message) National industry Pakistan's e-trading mainly involves buying and selling goods ...
The acquisition drew attention due to the significant increase in the value of Dawlance Electronics, which had been sold to Pan Asia Equity Limited by Bashir Dawood in 2013 for just $3.3 million. [8] The State Bank of Pakistan sought clarifications regarding the rapid appreciation in the company's value and the potential involvement of Dawood ...
Hum Mart was a Pakistani online store operated by Hum Network.It became defunct in 2020. [1]It was founded in 2018 by Malik Faisal Qayyum and Duraid Qureshi.It first started operations as an online retail grocery store across Karachi and now it is also selling additional categories of consumer products like mobile phones, electronics, cosmetics, and toys across Pakistan.
Haier Pakistan was founded in 2001 as a joint venture between Ruba Group (now known as JW-SEZ Group) and Haier with an initial investment of US$500 million. [1] [2]In 2004, Haier began manufacturing home appliances in Pakistan, including microwave ovens.
The Utility Stores Corporation of Pakistan (USCP) is a Pakistani state-owned enterprise that operates chain stores throughout the country that provide basic commodities to the general public at prices which are lower than the open market because the government subsidizes them. [1] It is the largest chain-store entity in the country with 5,939 ...
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.
The National Radio & Telecommunication Corporation (NRTC) is a major defence state-owned enterprise based in Haripur, Khyber-Pakhtunkhwa, Pakistan. [1] It's a provider of electronics and technical services in both the public and private sectors. [2] [3] [4] NRTC is owned by the Ministry of Defence Production.