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Top related persons:
Ashraf Bhatti - 1 Abdul Rehim Kakar - 1 Mubasher Bukhari - 1 Saleem Ahmed - 1 Mushtaq Ali - 1 Akhtar Soomro - 1 Gibran Peshimam - 1 Helen Popper Our - 1
Top related locs:
Karachi billings Pakistan LAHORE Lahore Pakistan's Quetta Balochistan province
Top related orgs:
Trust - 1 Islami - 1 International Monetary Fund - 1 All Pakistan Traders Association - 1 Jamaat - 1 Thomson - 1

Search resuls for: "Ashraf Bhatti"


2 mentions found


☆ Market traders strike in Pakistan over power bills and inflation
  + stars: | 2023-09-02 | by ( Mubasher Bukhari Saleem Ahmed | Mubasher Bukhari | Saleem Ahmed | ) www.reuters.com   time to read: +2 min
[1/4] View of partial traffic with the Karachi Port Trust building, in the background, during a shutter down and wheel-jam strike called by the traders and the religious and political party Jamaat-e-Islami (JI), against the hikes in power billings, during a protest in Karachi, Pakistan September 2, 2023. Acquire Licensing Rights Read moreLAHORE, Pakistan, Sept 2 (Reuters) - Public markets across Pakistan stayed closed on Saturday due to a strike by retail associations over rising electricity prices and brisk inflation, as the country embarks on a tricky path to economic recovery. "Today, traders are observing a shutter down strike across Pakistan against the over charging electricity tariff and unjustified taxes," Ashraf Bhatti, president of the All Pakistan Traders Association, told Reuters. Major markets in Lahore and Karachi, Pakistan's two largest cities, remained shut on Saturday though grocery shops in populated neighbourhoods and medical stores stayed open. "It is the matter of the entire country as the common man is being badly affected," said Abdul Rehim Kakar, leader of a traders' association of Balochistan.
Persons: Ashraf Bhatti, Abdul Rehim Kakar, Mubasher Bukhari, Saleem Ahmed, Mushtaq Ali, Akhtar Soomro, Gibran Peshimam, Helen Popper Our Organizations: Trust, Islami, International Monetary Fund, All Pakistan Traders Association, Reuters, Jamaat, Thomson Locations: Karachi, billings, Pakistan, LAHORE, Lahore, Pakistan's, Quetta, Balochistan province, Balochistan, Peshawar
☆ Eid shopping sees sharp drop as Pakistanis feel inflation pinch
  + stars: | 2023-04-20 | by ( Ariba Shahid Mubasher Bukhari | Ariba Shahid | Mubasher Bukhari | ) www.reuters.com   time to read: +3 min
[1/5] People look at handbags on display outside shops in a market, ahead of Eid al-Fitr celebrations in Karachi, Pakistan April 19, 2023. REUTERS/Akhtar SoomroKARACHI, Pakistan, April 20 (Reuters) - Retail sales in Pakistan have witnessed a sharp drop compared to previous years in the run up to the Muslim holiday of Eid al-Fitr, retailers say, as shoppers feel the pinch of decades-high inflation. The lead up to Eid al-Fitr, expected to fall on Saturday in Pakistan to mark the end of the holy month of Ramadan, traditionally sees the highest sales of the year. Asfandyar Farrukh, co-founder of CAP and managing director of Hub, a leather goods store, said that Eid shopping appears to have started sooner and peaked earlier, coinciding with salary pay days, and customers anticipating price increases. The sales drop adds to the slowing of Pakistan's $350 billion economy, which has struggled in recent months amidst tough stabilisation polices, including the central bank raising interest rates to a historic high of 21%.
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