Easypaisa and Board of Intermediate & Secondary Education Swat sign agreement to digitize fee payments

Easypaisa, Pakistan’s leading digital payments platform, has inked an agreement with the Board of Intermediate and Secondary Education (BISE), Saidu Sharif, Swat to bring convenient fee payment solutions to students of the region. This service will simplify fee payments including but not limited to Secondary School Certificate and Higher Secondary School Certificate exams, Gazette, Certificate/DMC verification, and miscellaneous fees.… Continue

Sindh Govt. urges to revoke notification, allow businesses to operate at full capacity

Chairman Businessmen Group (BMG) Zubair Motiwala and President Karachi Chamber of Commerce and Industry (KCCI) Shariq Vohra, while expressing sheer dismay over Sindh Govt’s decision to allow limited business timings from Sheri to 6:00 PM and complete closure of businesses on Saturdays and Sundays, urged to revoke the relevant notification without further loss of time and allow all types of businesses to operate at total capacity throughout Ramazan otherwise the people, instead of dying due to diseases caused by a coronavirus, would die themselves because of poverty, unemployment, mental stress, hunger or starvation.… Continue

KE plans mitigation measures for 2021 monsoon season

“K-Electric’s Chief Executive Officer, Moonis Alvi, and Chief Distribution Officer, Amer Zia, visited the field to review the progress on the company’s plan for rain mitigation measures on critical infrastructure ahead of the 2021 monsoon season.

KE is investing PKR 1.5 billion to rehabilitate, elevate and reconstruct power distribution system in areas affected by inclement weather in 2020.… Continue

A review of Faysal Bank Limited performance during 20

Faysal Bank Limited (FABL) held its analyst briefing where the management discussed key highlights of CY20 result and shared the progress of the bank relating to conversion into an Islamic bank.

• During CY20, the bank posted net markup income of PKR24,543mn up by 16.2%YoY, non-markup income increased by 14.8%YoY.… Continue

KP government launches Mustahiq APP

The Minister for Zakat & Ushr KP, Mr Anwar Zeb Khan, officially launched the Mustahiq app on Tuesday, 13 April 2021, in Peshawar. The ceremony was convened by Zakat & Social Welfare Department KP. It was attended by Minister for Zakat & Ushr KP, Secretary Zakat & Social Welfare Department and Code For Pakistan representatives.… Continue

ILMA arranged a quality-centric session on Writing and Publishing Research Articles in Academic Journals

ILMA arranged a quality-centric session on Writing and Publishing Research Articles in Academic Journals. This research relevant webinar was led by Dr Jalal Rajeh Mohammad, Assistant Professor Skyline University, UAE, Senior Lecturer at DRB-HICOM University of Automative, Malaysia.

Dr Jalal provided a deep insight into the research article elements that needed to be critically analysed for the best results.… Continue

Pakistan stock performances on Friday

· Market inched up further at the brink of earnings season, with an increase of 241pts during the session and closing +103pts (unadjusted). Financial results of key companies are due in the coming week, which kept the interest alive although trading volumes remained thin.… Continue

BankIslami and TPL Life come together to bring comprehensive COVID coverage for their customers

BankIslami, one of Pakistan’s fastest growing Islamic finance institutions has partnered with TPL Life to offer a consolidated COVID-19 coverage plan for customers. The package is a complete Shariah compliant takaful plan for the entire family with up to PKR 30,000 initial benefits upon diagnosis and further Hospital Cash Assistance for each member under the only COVID Protection Shield available to individuals.… Continue

FFBL will announce 1QCY21 financial results on April 16, 2021

FFBL will announce 1QCY21 financial results on April 16, 2021, we expect the company is likely to report a net profit of PKR1,143mn (EPS 0.89) as compared to the loss of PKR 3,084mn (LPS of PKR2.36/share in 1QCY20.

Sales revenue of the company is expected to up by 28%YoY to PKR12,192mn due to an increase in DAP off-take and Prices.… Continue