DigiSkills open enrollments for free online courses in batch 7
It's the time to utilize the quarantine time productively, as enrollments for batch 7 of Digiskills.pk opens on 24th April 2020! This is the best time to seize this opportunity…
Engro Corporation & Hilal Foods win SAP Quality Awards
Two of Pakistan's leading companies, Engro Corporation Limited and Hilal Foods have been recognized by SAP for driving Pakistan's digital transformation market to USD 2.4 billion in 2020. As Pakistan…
KATI wishes wellbeing of Governor Sindh
Patron in Chief of Korangi Association of Trade & Industry (KATI) SM Muneer, President Sheikh Umer Rehan, Senior Vice President Muhammad Ikram Rajput and Vice President Syed Wajid Hussain wished…
Pakistan State Oil report loses in 3QFY20
Pakistan State Oil (PSO) has posted 3QFY20 NLAT of PKR3.4bn (LPS PKR7.30), compared to an EPS of PKR6.19 in the previous quarter and PKR3.57 same period last year. This takes…
Public Holiday: SBP
The State Bank of Pakistan will remain closed on 1st May, 2020 (Friday) on the occasion of "Labour Day" as declared by the Government of Pakistan.
Engro vows to boost COVID-19 testing capacity in Punjab
As part of the PKR 1 billion Hussain Dawood Pledge, Engro Foundation – the social investment arm of Engro Corporation – has committed to provide PKR 20 million in financial…
KPT cargoes handling
Karachi Port Trust has released details of cargo handling during the last 24 hours ending at 0700 hours. Ships Berthed 04 Ship berthed at Karachi Port, their details are given…
PTCL Group contributes Rs. 100 million to PM’s COVID-19 Pandemic Relief Fund-2020
Being one of the largest telecom group and backbone of connectivity in the country, Pakistan Telecommunication Company Limited (PTCL) has contributed Rs. 100 Million to the Prime Minister's COVID-19 Pandemic…
Byco Petroleum announces 9MFY 20 financial results
Byco Petroleum Pakistan Ltd. (BPPL) today reported financial results for the nine months ending March 31, 2020. The company recorded gross sales of Rs 192.1 billion, up from Rs 182.9…
Millat Tractors 3QFY20 result review
Millat Tractors (MTL) reported 3QFY20 NPAT of PKR553mn (EPS: PKR11.09), up 22% qoq but lower by 48% yoy. This takes 9MFY20 NPAT to PKR1,361mn (EPS: PKR27.31), down 56% yoy. The…
Steps demanded to avoid complete economic meltdown: Mian Zahid Hussain
FPCCI's Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday demanded meaningful steps to escape complete…
Uber supports healthcare workers with the launch of Uber medics
Uber, the global ride-hailing platform that connects riders with drivers, has pledged free rides and deliveries in the Middle East, North Africa, and Pakistan (MENAP) region, specifically for frontline workers…
JS Bank, MJSF and partners donate Rs. 10 million to Aga Khan Health Services
JS Bank, Mahvash and Jahangir Siddiqui Foundation and Partners donate Rs. 10 Million to Aga Khan Health Service, Pakistan to fight COVID-19. Present on the occasion were Hafiz Sherali -…
Fauji Fertilizer posts 1QCY20 NPAT of PKR4.3bn
Fauji Fertilizer Company Ltd (FFC) posted 1QCY20 NPAT of PKR4.3bn (EPS: PKR3.35), up 15% yoy. The result was slightly below our NPAT expectation of PKR4.5bn (EPS: PKR3.56) mainly owing to…
KATI offers condolences on demise of Mehtab Chawala
Patron in Chief of Korangi Association of Trade & Industry (KATI) SM Muneer, President Sheikh Umer Rehan, Senior Vice President Muhammad Ikram Rajput and Vice President Syed Wajid Hussain offered…
Pakistan Fertilizers – Urea offtake decreased by 26% yoy to 1.02mn tons in 1QCY20
As per NFDC data, Urea offtake for March 2020 clocked in at 303k tons, down 34% mom and 26% yoy. On a cumulative basis, Urea offtake decreased by 26% yoy…
Kleptomania a serious Psychosocial Issue:
In the past when an individual behaved erratically and in an unusual way, people pointed straight towards the evil divine spirits that "He is in control of the evil spirits…
Dowry System – Not a mere Evil but the mother of Evils.
Let's talk about something which is most prevailing in South East Asia. There are many social issues revolving in the society, but one social evil in which we are directly…
Industry can’t bear additional electricity bill with ISPA: KATI
President Korangi Association of Trade & Industry (KATI) Sheikh Umer Rehan , Senior Vice President Muhammad Ikram Rajput and vice President Syed Wajid Hussain has said that industry could not…
Decision of BHC to validate nominations for SAARC Chamber is a great victory: UBG
Decision of Baluchistan High Court which to validated the nominations made by former President of FPCCI and nominated vice President Eng. Daro Khan Achakzai for SAARC Chamber of Commerce is…
Engro Donates PKR 50 million to GoS Corona Emergency Fund
Engro Energy Limited – part of Engro Corporation – today donated PKR 50 million to the Government of Sindh Corona Emergency Fund. The donation was made in presence of the…
SBP releases Second Quarterly Report on the State of Economy of Pakistan
The State Bank of Pakistan today released its Second Quarterly Report for FY20 on the State of Pakistan's Economy. According to the report, the stabilization efforts and regulatory measures yielded…
Careem captains facilitated to avail deferred loan payments through JS Bank
Careem, the internet platform of the greater Middle East and Pakistan, and JS Bank recently announced that thousands of Careem captains who have leased a car through JS Bank will…
Covid-19: The pandemic impacts people, cash flow and the ability to reforecast, says ACCA’s new research
Organisations large and small, in the public and private sectors, have expressed deep concerns about the impact of Covid-19 on their people, productivity and cashflow, according to ACCA's new global…
President Lasbela Chamber of Commerce & Industry appreciates taxes relief
While appreciating the decision of Balochistan Cabinet meeting presided over the Chief Minister of Balochistan Mr. Jam Kamal Khan Aliyani to approve the relaxation in various taxes and deferment of…