Ms. Gunn Wærsted, Chair of Telenor Group, recently concluded a one day visit to Telenor Pakistan during which she held high level meetings with top management representatives of Telenor Pakistan and discussed company’s strategic goals. During her visit Ms. Wærsted also called on Ms.… Read the rest

Mr. Amin Rajput, Acting MD SSGC was conferred an ‘Appreciation Award’ by honourable President of Pakistan, Mr. Mamnoon Hussain in recognition of SSGC’s sustainable supply of gas to FFBL at the inauguration ceremony of FPCL Coal Power Plant held at FPCL Plant Site, Bin Qasim, Karachi.… Read the rest

Inspector General Police A.D. Khowaja has said that the Police Act 1861 was not workable at all in dealing with crimes of 21st century hence, this more than 150 years old Act, has to be replaced with a new Police Act which must ensure operational and administrative independence to police department. … Read the rest

Sahibzadi Mahin Khan has been appointed as Chairperson, FPCCI’s Standing Committee on “Cyber Crimes” for the year 2017 by Mr. Zubair Tufail, President FPCCI. Previously for Year 2016 she was appointed as Chairperson, FPCCI Standing Committee on Press & Electronic Media.… Read the rest

An international expo of Automotive industry is going to held on 3 to 5 March this year in Expo Center Karachi, including 56 companies from China , huge number of participants from Europe, Turkey and others would take part in this event.… Read the rest

Cement sector has posted a nominal increase of 0.78 percent in local cement dispatches while export dispatches declined by 2.71 percent in January 2017 compared to this with same month last year.  Due to heavy rains and snowfall across the country during the month of January 2017, domestic cement dispatches remains low which affects the capacity utilization as well.… Read the rest

The Board of Management of Pakistan State Oil Company Limited (PSOCL) convened to review the performance of the company for the first half of the financial year 2016-2017 (1HFY17). The board witnessed a significant upturn in the profitability of the company during the period. … Read the rest

President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Zubair F Tufail has appointed Zahid Saeed as Chairman FPCCI Standing Committee on Pharma industry for the year 2017, said a statement. He had previously served as Chairman Pakistan Pharmaceutical Manufacturers Association besides being member of different FPCCI Standing Committees and former President of Korangi Association of Trade & Industry.… Read the rest

Minister of IT, Mrs. Anusha Rahman launched the National Incubation Centre by JAZZ, Pakistan’s Number 1 digital company under the public-private partnership of Ministry of Information Technology & Telecom through National ICT R&D Fund and Teamup. The NIC will provide startups with a free of cost workspace, incubation, acceleration – Jazz xlr8 program – seed funds, and access to 50 million plus mobile customers.Commenting… Read the rest

Pakistan’s No.1 4G network, China Mobile Pakistan (Zong) has reaffirmed its stated commitment of adding more investment in Pakistan in the coming years.

It is important to mention that the organization has already invested over USD 2 Billion in Pakistan in the recent years and was the first to invest in the auctioned 3G and 4G licenses.… Read the rest

Pakistan’s top banking institution, Bank Alfalah Limited (BAL), has signed an agreement with Punjab Beverages Company (PBC) to initiate a pilot to digitize the last mile retailer in the PBC supply chain. The main objective of the project is to digitize incentive payouts and expense reimbursements made by PBC to its distributors and retailers.… Read the rest

In continuation of National Bank of Pakistan’s (NBP) journey for embracing the future banking, NBP unveiled NBP Prepaid cards with the brand of UnionPay International in a grand launch ceremony. Initially, three types of Cards have been launched including Corpay – for small ticket size payroll; YouthPay – for younger generations of Pakistan; and PocketPay – for daily consumption for families.… Read the rest

The biennial Shell Tameer Awards took place at the British Deputy High Commission in a ceremony attended by prominent industry and business leaders as well as young entrepreneurs of the country. The jury comprising established professionals judged the top 12 finalists in four categories.… Read the rest

President Karachi Chamber of Commerce and Industry (KCCI) Shamim Ahmed Firpo receiving memento from Senior Vice Chairman of Pakistan HVACR Importers and Traders Association Muhammad Anis Shaikh at the Certificate Distribution Ceremony organized by  Pakistan HVACR Importers and Traders Association which was attended by President KCCI as Chief Guest.… Read the rest

Governor State Bank of Pakistan Mr. Ashraf Mahmood Wathra has urged the banks to understand the needs of the economy and focus on agri. financing as it is a viable business activity having huge cash flows, and significant contribution in GDP with strong backward and forward linkages.… Read the rest