Magazine Features

FrieslandCampina Pakistan wins regional corporate citizenship award for sustainability

FrieslandCampina Pakistan was awarded the Gold Standard Award 2022 for Corporate Citizenship (CSR and Sustainability) by the Public Relations & Communications Association Asia Pacific (PRCA APAC) at a ceremony in Singapore.

Recognised for its Dairy Development Program – an initiative designed to increase inclusion, profitability and quality for the dairy farmers of Pakistan and transform the dairy sector – the company competed in the prized CSR & Sustainability category against prominent names from the AsiaPacific region, including HP, Nestle, Novartis and Edelman.… Continue

Pakistan-Afghanistan future belongs with each other: PAJCCI

PAJCCI held stakeholders meeting at Chamma Border Crossing, the most active trading border in Baluchistan and famous across the country for the supply of grapes, apricots, plums, peaches, melons, apples and other fruits. The meeting was arranged at Chaman Center and attended by a large number of business community members of both sides, Government officials consisting of Abid Hussain; Director Transit Trade, Col.… Continue

Karachi is experiencing the worst load shedding in history: Consumer Association of Pakistan

Karachi has faced the worst load shedding in history. People do not sleep well at night, but there is even a long shutdown during the day. Despite this, NEPRA has approved increasing the electricity price by Rs. 9.42 paise.  NEPRA was set up to protect the rights of consumers, but now this authority is working entirely in the interest of the power companies; an example is the decision to be made without hearing from the consumers.… Continue

Policy Rate likely to increase by 100bps on July 07

The monetary policy committee of SBP will convene on Thursday (July 07, 2022) to announce the first scheduled monetary policy of FY23. We expect SBP to increase the policy rate by 100bps to 14.75% in the upcoming monetary policy.

To recall, in the monetary policy meeting held in May’22, the State Bank of Pakistan (SBP) increased the benchmark policy rate by 150bps to 13.75% (highest since Jun’11 – 14%).… Continue

The second iteration of the Make Space Hackathon in Karachi

The Make Space Hackathon is a virtual competition aimed at empowering change-makers to create tech-enabled solutions addressing Pakistan’s pressing population crisis. With over 600 applications from across the country, the enthusiasm and drive to develop innovative solutions were palpable before the competition kicked off.… Continue

Easypaisa and Bank of Khyber partner for KPK’s Insaf Food Programme

Easypaisa, Pakistan’s leading digital payments app, has partnered with the Bank of Khyber to ensure seamless distribution of funds to beneficiaries in KPK under the Insaf Food Programme.

Through the strategic partnership, beneficiaries of the programme will be able to receive PKR 2100 every month in their Easypaisa mobile wallet or collect cash from any Easypaisa agent to meet their essential food related needs.… Continue

Jazz launches “GameNow Esports Platform”

Jazz, Pakistan’s number one 4G operator and the largest internet and mobile broadband provider, has launched its Esports platform GAMENOW ESPORTS with registrations now open for proleague season 1. The league features six popular games: PUBG Mobile, FreeFire, DOTA 2, Valorant, Call of Duty 4 and Asphalt 9 with cash prizes ranging from PKR 500,000 to 1,000,000.… Continue

Silkbank and TPL Insurance – Launch of all in one current account

As part of providing tailored solutions and unique value added features for our customers, Silkbank has launched All-in-One Current Account offering complimentary insurance coverages in collaboration with TPL Insurance as an insurance solution provider.

To mark the occasion, an MoU signing ceremony was held at the Silkbank Head Office, Karachi on 29th June 2022.… Continue

Meta’s educational ‘Chai Chats’ series is set to foster digital literacy in Pakistan

Meta, in collaboration with the Pakistan Telecommunication Authority (PTA), has launched an educational series, ‘Chai Chats’ to create awareness among young Pakistani Facebook users on digital literacy and social cohesion through improved digital experiences.  The series features a close-knit group of university friends encountering difficult online situations which they overcome with grace, friendship, and humour to inspire and persuade youth to adopt a positive and responsible online behaviour.… Continue

BankIslami proudly sponsors Bahria’s BSPC Talks ‘Voice of Youth’

BankIslami, Pakistan’s leading Islamic financial institution, served as the title sponsor for Bahria Society of Professional Communication (BSPC) Talks, a platform where captivating stories and ideas are exchanged that have the potential to transform the listeners’ lives. BSPC is a student-run society at Bahria University that focuses on the development of communication skills among its members by organizing various workshops and seminars.… Continue

THF & SBTE sign MoU to create a skilled Pakistan

The Hunar Foundation (THF), Pakistan’s largest Not-For-Profit Organization in private TVET sector, and Sindh Board of Technical Education (SBTE) recently signed a Memorandum of Understanding at the THF Korangi Corporate Office.

While The Hunar Foundation (THF) prioritizes opportunities for underprivileged and marginalized segments of the society to train and equip them with in-demand and employable skills, the SBTE’s vision is to provide a certified skilled workforce for the economic development of Sindh province and the country by providing quality assessment and well-recognized certification and facilitate competency-based training as per employer/industry needs.… Continue

PSX market Review for the week

The outgoing week witnessed lackluster activity in the KSE-100 index primarily due to prolonged uncertainty on the resumption of IMF program, high twin deficits, runaway inflation and rising political noise. Despite tough measures being taken by the govt. in the form of reversal of energy subsidies and major taxation changes in the budget, several steps were still needed to be taken to convince the IMF and get the program back on track.… Continue

KE announces revised load shedding timings

In light of the ongoing power supply constraints, K-Electric announced a rationalized load shed schedule for its customers. The revised plan is effective July 1, 2022. This step is being taken to provide relief to customers experiencing night-time loadshed in high-loss areas.… Continue