Magazine Features

189 Pakistanis receive Fulbright scholarships for Master’s and PhD degrees in the United States

To promote educational and cultural exchange between the United States and Pakistan, 189 students have been awarded the prestigious Fulbright Scholarship to pursue advanced studies and research at leading U.S. universities.  The awardees will start their higher education journey at 82 universities this fall in various disciplines, including environmental studies, energy management, and social sciences.… Continue

Google celebrates 10 Years of Google Play

Google is celebrating the 10th birthday of Google Play by unveiling a new logo that better reflects the magic of Google and 10x Play Points bonus for the members. Today, the Play Store is used by over 2.5 billion people in over 190 countries every month to discover games, apps, and digital content.… Continue

KCCI holds political parties responsible for the economic crisis

Karachi Chamber of Commerce and Industry (KCCI) accused the apathy of all the political parties for the current pathetic economic situation in Pakistan. Chairman Businessmen Group Zubair Motiwala and President KCCI Muhammad Idrees expressed concerns as they felt that political parties are not understanding the gravity of the situation of the economy and the repercussions on the future of the country.  … Continue

FFC has announced cash dividend of PkR2.10/sh.

Fauji Fertilizer Company (FFC) has announced its 2QCY22 result, where it posted unconsolidated PAT of PkR3.3bn (EPS: PkR2.64), down 7%YoY. This takes cumulative 1HCY22 PAT to PkR9.6bn (EPS: PkR7.55) vs PAT of PkR9.4bn (EPS: PkR7.42) in same period last year. The result is above our expectation attributable to higher other income, possibly due to higher than expected dividend from PMP.… Continue

Infinix selected as a Kantar BrandZ rising star among Chinese Global Brand Builders 2022

Infinix was selected as one of the TOP 20 Rising Stars according to the latest “Top 50 Kantar BrandZ Chinese Global Brand Builders 2022 ranking and report” released by Google and Kantar on July 27th, 2022. Being included in the chart represents advancements in attracting the hearts and minds of consumers and providing consumers a high-level sense of value, coming from the Infinix brand.… Continue

Nestlé reports H1 sales for 2022

Nestlé Pakistan reported its financial results for the first half of the year, posting a revenue of PKR 80.4 billion, an increase of 22.2% compared to same period of last year. The results were announced during a board meeting at the Company’s Head Office.… Continue

Huawei releases a new lineup of flagship products

Huawei Consumer BG held a Flagship Products Summer Launch Event in Dubai; showcasing a new lineup of flagship devices including the ideal flagship foldable phone HUAWEI Mate Xs 2, a flagship laptop HUAWEI MateBook X Pro, a flagship tablet HUAWEI MatePad Pro, HUAWEI FreeBuds Pro 2 as well as HUAWEI MateBook 16s and HUAWEI MateBook D16.… Continue

Alkaram joins hands with ABHI to offer earned wage access to all its employees across the country

Alkaram, one of the biggest names in Pakistan’s textile industry, is partnering with ABHI, Pakistan’s first financial wellness platform, to offer its employees the facility of Earned Wage Access.

 ABHI’s goal is to provide financial wellness services to all employees in Pakistan, giving them the ability and freedom to access their earned but unpaid salaries, so they don’t have to face financial constraints in emergencies.… Continue

Humayun Saeed officially joins TikTok

Pakistani actor and producer Humayun Saeed has officially joined the short video platform TikTok to stay connected with the fans. The Meray Paas Tum Ho actor arrived on the platform with a verified account and racked up more than 50,000 followers within no time.… Continue

PSX continued to remain under pressure today

·        PSX continued to remain under pressure throughout the day due to concerns regarding uncertain economic situation. The benchmark KSE-100 index witnessed a volatile session as investors opted to remain sideways as Pak Rupee continued its freefall against US Dollar. Main board volumes remained dry whereas decent volumes were observed in the 3rd-tier stocks.… Continue

Daily cargo handling report of Karachi port trust

The Karachi Port Trust handled 84,886 tons of cargo comprising 50,770 Tones of import cargo and 34,116 Tons of export cargo during last 24 Hrs ending at 0700 Hours.

TOTAL IMPORT CARGO:

The total import cargo of 50,770 comprised of 40,302 Tons of Containerized Cargo & 10,468 Tons of Bulk Cargo.… Continue

Undergraduate students prepare for semester exchange journey in the USA

Approximately 50 Pakistani undergraduate students received scholarships from the American Government to study in the United States for one semester under the Undergraduate Semester Exchange (UGRAD) Program for Pakistan.  During their stay in the USA, the students will attend undergraduate classes at 42 colleges and universities, participate in workshops to develop leadership skills, and engage in community service projects.… Continue

Bank Alfalah welcomes the 8th batch of management trainee program

Bank Alfalah has onboarded the 8th batch of its prestigious Management Trainee Program after a rigorous recruitment process involving gamified assessment, video interview, virtual assessment centers and panel interviews.

This year, the Bank has welcomed 27 graduates out of 3000 applicants who will go through 3 months of classroom training on key development aspects before being placed in suitable department based on their individual skillsets.… Continue

CPI to settle at 24.5%YoY/4.0%MoM

Pakistan Bureau of Statistics is expected to announce the CPI numbers on August 01, 2022, for July’22 wherein we expect CPI to settle at 24.5%YoY/4.0%MoM. The massive rise in Housing, Water, Elec., Gas, Other Fuel Index likely to surge by 7.36%MoM similarly, the food index to increase by 4.33%MoM.… Continue

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