Pakistan Textiles export performance in 7MFY21
Total exports in January 2021 clocked in at US$2.1bn compared to US$2.4bn in December, down 9% mom while up 8% yoy. This took total exports in 7MFY21 to US$14.2bn (up…
Kohat Cement Company plans to set up cement plant in Punjab
Kohat Cement Company Ltd in Pakistan announced that Board of Directors of the Company in its meeting held today have approved, subject to all regulatory approvals, setting up of 7,800…
Daily cargo handling report of Karachi Port Trust
The Karachi Port Trust handled 139,724 tons of cargo comprising 116,955 Tones of import cargo and 22,769 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
HEC renews education transformation agreement with Microsoft to accelerate digital transformation in Pakistan
Microsoft Pakistan and Higher education commission (HEC) has signed an Education Transformation agreement (ETA) at a virtual meeting held between Dr. Tariq Banuri, Chairman, HEC, Mark East, Vice President Education,…
PSX sees profit taking today
· Market oscillated between +438pts and -141pts during the session that ended on a negative note -56pts (unadjusted). HBL's announcement of financial results became a major dampener for investors who…
Fatima Fertilizer and Multan Sultans partner for PSL 2021
Fatima Fertilizer Company Limited (FFL) has partnered with Multan Sultans for the sixth edition of Pakistan Super League (PSL). The Multan Sultans team boasts a stellar list of best available…
Emirates SkyCargo to work with UNICEF for COVID-19 vaccine distribution
Emirates SkyCargo has signed an agreement with UNICEF to prioritise the transport of COVID-19 vaccines, essential medicines, medical devices and other critical supplies to help fight the COVID-19 pandemic. The…
Motiwala irked over traffic management plan for PSL6, demands not to block Stadium Rd
Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) M. Zubair Motiwala, while expressing sheer dissatisfaction over the arrangements made to secure the National Stadium…
Byco partners with Sehat Kahani
Pakistan's premier energy company, Byco Petroleum Pakistan Limited, signed an MoU today with Sehat Kahani to provide telemedicine facilities through remote medical consultations for Byco's workforce of over 800 employees…
Government announces a new simplified and convenient tax regime for Roshan Digital accounts
Based on feedback from the diaspora and recommendations from SBP, the Federal Government has introduced several amendments in the Income Tax Ordinance 2001 through Tax Laws (amendment) Ordinance 2021 to make the…
KCCI’s meeting for Ports, Shipping & Multi Modal Transport Sub-Committee
Chairman of Karachi Chamber's Ports, Shipping & Multi Modal Transport Sub-Committee Abdul Rehman Punjwani presiding over the first meeting of his Sub-Committee at Aiwan-e-Tijarat. In the Picture, President KCCI M.…
Engro Corporation Limited expects massive jump in PAT for the period 4QCY20
Engro Corporation Limited (ENGRO) is expected to announce its 4QCY20 financial result on 17th Feb 2021, where we expect the company to post a consolidated profit after tax (PAT) of…
Umer Khokhar wins third Chairman WAPDA Golf Tournament
Umer Khokhar from Rawalpindi Golf Club won the 3rd Chairman WAPDA Amateur Golf Tournament after leading the board on all three days at Lahore Gymkhana Golf Club. Governor Punjab Chaudhry…
SehatKahani’s launches the first ever Telemedicine Clinic in Loralai, Baluchistan
SehatKahani is a telemedicine organization that connects female doctors from their homes to patients in underserved segments of the country using a telemedicine-based solution of e-health clinics and a mobile…
Arts Council of Pakistan Karachi organizes special lecture “Ghalib Fahmi” on the occasion of Ghalib’s death anniversary
"Ghalib was the greatest prose writer of his time who was great at humour; also, his tricks were amazing. It is said that every poet rebels, but Ghalib rebelled against…
Workers’ remittances increased in Pakistan during January 2021
Workers remittances exceeded $ 2.0 billion for the eighth consecutive month and amounted to $2.3 billion in January 2021, up by 19 percent over January 2020. However, remittances remained slightly…
Urdu bimonthly launched for Pre-Teen Children
'Bachun ka Ashiyana', Pakistan's first Urdu bimonthly for children 3 to 12 years old, has recently been launched. The magazine combines learning with fun and contains stories, poems, comic stories,…
Strepsils announces to appeal CCP’s decision
Competition Commission of Pakistan (CCP) has recently passed an order against Strepsils Comfort for alleged deceptive marketing, which we are now going to appeal. The discussions with CCP are ongoing…
Habib Metropolitan Bank joins Roshan Digital Account
Habib Metropolitan Bank Limited (HABIBMETRO) has joined the Roshan Digital Account (RDA) initiative of the State Bank of Pakistan. Roshan Digital Accounts provide innovative banking solutions to millions of Non-Resident…
Ufone offers lowest roaming rates for its customers
Pakistani telecom operator Ufone introduced revised data roaming charges for its valued customers across different countries of Europe, Africa and Asia. With the aim to make all communication easier and…
PPAF and Taraqee Foundation plant 80,000 trees in Balochistan
Taraqee Foundation with the support of United Nations Development Program (UNDP Pakistan), Pakistan Poverty Alleviation Fund – PPAF, Forest and Wildlife Department and Government of Balochistan, initiated a mass tree…
PSX index closes in red on Friday
Market saw repeat of selling pressure witnessed yesterday in the second session, which was driven by institutional selling and caused the market closing in red. The second session today saw…
The third Chairman WAPDA Amateur Golf Tournament opened
The 3rd Chairman WAPDA Amateur Golf Tournament formally commenced today at Lahore Gymkhana Golf Club, with a tee shot by WAPDA Chairman Lt Gen Muzammil Hussain (Retd) to start the…
Road safety rules and guidelines are not strictly followed: Mian Zahid Hussain
Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said road safety is an…
Facebook book festival held
Urdu Sarai, Pakistan's leading literary platform run entirely at Facebook, organized the country's first Facebook Book Festival, with hundreds and thousands of bibliophiles, book lovers, knowledge seekers and over 50…