The Orange Line Metro Train’s historic inauguration ceremony was held on October 25, 2020 in Lahore, which was graced by the Chief Minister of Punjab Mr. Sardar Usman Buzdar, Consul General of the Consulate General of China Mr. Long Dingbin and Minister of Punjab for Transport Mr.

Reckitt Benckiser (RB) Hygiene Home, maker of Harpic and Mortein, has collaborated with Survey Auto to digitally transform its business operations. This was announced in Karachi between Akbar Ali Shah, Country Manager, RB Hygiene Home and Umar Saif, CEO, Survey Auto.

“President of the Arts Council Muhammad Ahmad Shah would have defeated Trump if he had been in the United States. We should appreciate the young directors”, said Anwar Maqsood, a well-known writer and intellectual. He was addressing the closing ceremony of the Karachi Theater Festival at the Karachi Arts Council.

Since its first flight in 1985, Emirates has carried more than 28 million passengers to and from Pakistan.

The airline currently serves the country with 53 weekly flights to/from Karachi, Lahore, Islamabad, Peshawar and Sialkot – connecting customers to Dubai and more than 95 destinations via Dubai.

• Since its first flight in 1985, Emirates has carried more than 28 million passengers to and from Pakistan.
  
• The airline currently serves the country with 53 weekly flights to/from Karachi, Lahore, Islamabad, Peshawar and Sialkot – connecting customers to Dubai and more than 95 destinations via Dubai.

• Since its first flight in 1985, Emirates has carried more than 28 million passengers to and from Pakistan.
  
• The airline currently serves the country with 53 weekly flights to/from Karachi, Lahore, Islamabad, Peshawar and Sialkot – connecting customers to Dubai and more than 95 destinations via Dubai.

Acting Secretary of Pakistan Automobile Spare Parts Importers & Dealers Association (PASPIDA) Muhammad Shaheen has received several complaints from it members for the delay in clearance of bearing consignments. He alleged that the Customs Authorities at Karachi Port has unusually held bearing consignments and were unnecessarily lingering customs procedures, which was resulting in causing heavy demurrages, detention, wharfage and other losses to customers’ account.

Acting Secretary of Pakistan Automobile Spare Parts Importers & Dealers Association (PASPIDA) Muhammad Shaheen has received several complaints from it members for the delay in clearance of bearing consignments. He alleged that the Customs Authorities at Karachi Port has unusually held bearing consignments and were unnecessarily lingering customs procedures, which was resulting in causing heavy demurrages, detention, wharfage and other losses to customers’ account.

Acting Secretary of Pakistan Automobile Spare Parts Importers & Dealers Association (PASPIDA) Muhammad Shaheen has received several complaints from it members for the delay in clearance of bearing consignments. He alleged that the Customs Authorities at Karachi Port has unusually held bearing consignments and were unnecessarily lingering customs procedures, which was resulting in causing heavy demurrages, detention, wharfage and other losses to customers’ account.

Commissioner Karachi Dr. Suhail Rajput has agreed to a suggestion of industrialists for establishment of a separate and independent authority for development of Industrial areas. He was addressing to a meeting of Korangi Association of Trade & Industry (KATI) here on Saturday.

Commissioner Karachi Dr. Suhail Rajput has agreed to a suggestion of industrialists for establishment of a separate and independent authority for development of Industrial areas. He was addressing to a meeting of Korangi Association of Trade & Industry (KATI) here on Saturday.

The apex chamber of Pakistan has welcomed the extension of debt suspension initiative for developing countries by the G20, calling for long-term loans relief or their permanent termination to deal with the post-corona economic crunch.

FPCCI President Mian Anjum Nisar said though the global economy has begun a gradual recovery with the reopening of businesses, the recovery has not been smooth, as many of the poor countries are still spending more on debt payments than on life-saving public services.

Maple Leaf Cement Company Limited (MLCF) announced its result for 1QFY21 wherein the company reported a Profit after Tax of PKR 309mn (EPS: PKR 0.28) compared to a loss of PKR 1,110mn (EPS: PKR 1.01) in the previous quarter.

The company posted above-expected results mainly on account of lower energy costs and better than expected retention prices.

Cherat Cement (CHCC) has posted 1QFY21 NPAT of PKR309mn (EPS: PKR1.59), much better than our expected profits of PKR25mn (EPS: PKR0.13), where higher gross margins were the main deviation. The yoy jump in earnings stemmed from (i) a substantial 17ppt yoy rise in gross margins to 21%, and (ii) decline in finance cost by 12% yoy.

Pakistan Petroleum Ltd (PPL) has posted a consolidated NPAT of PKR14.3bn (EPS PKR5.26) for 1QFY21, up 32% qoq but flat yoy, beating our estimate of PKR4.60/sh. Major deviation from our estimate arose from higher revenues (most likely gas revenues, explained below).