As per the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile companies have manufactured/assembled 1.61mn units, down 20% YoY & 62% MoM in Jul-2024. The decline in…
Johar Qandhari, President of the Korangi Association of Trade and Industry (KATI), has congratulated the business community, industrial zones, the Chamber of Commerce and Federation for successfully executing a historic…
Lucky Core Industries Limited's management held an analyst briefing session today. During the session, LCI’s management discussed FY24 results and offered valuable insights into the company’s forthcoming strategy. Here are the…
Due to the shortages of gas supplies in SSGC’s system, gas availability has decreased, resulting in the depletion of the line pack and low pressures in the system. Under clause…
Philip Morris (Pakistan) Limited – PMPKL Leaf (PK-Leaf) completed another round of Skills Training Project (‘Project’) for the year 2024. Every year, PK-Leaf undertakes a Project for the children of…
The Chairman of the Pakistan Tanners Association, Muhammad Mehr Ali, has drawn the immediate attention of the government to the core issues for adequate resolution with immediate effect to save…
The Board of Directors of the National Bank of Pakistan, “NBP,” “the Bank,” met yesterday to approve the interim condensed financial statements for the half-year ended June 30, 2024. Demonstrating…
Cumulative water storage in major reservoirs - Tarbela, Mangla, and Chashma - has been recorded at 11.506 million acre-feet (MAF) today, 2% higher than the five-year average of 11.267 MAF.…
Pakistani exhibitors garnered significant recognition for their showcased products at the Intertextile Shanghai Apparel Fabrics and Yarn Expo 2024. The Autumn Edition of the expo started on August 27 and…
The Overseas Investors Chamber of Commerce and Industry (OICCI) affirmed its commitment to advancing Pakistan’s IT and telecom sectors at ITCN Asia 2024, a Tech Festival held at the Expo…
Hub Power Company Ltd (HUBC) held its analyst briefing earlier today, where the following was discussed: · HUBC reported a consolidated NPAT of PkR70bn (EPS: PkR53.98) for the year, marking a…
Civil society and health professionals urged the Pakistan Standards and Quality Control Authority (PSQCA) and the Ministry of Science and Technology to adopt a single, unified regulation to limit industrially…
Systems Limited (SYS) announced its 2QCY24 financial results today. The company posted a Profit after Tax (PAT) of PkR1.7bn (EPS: PkR5.7) vs PkR1.2bn (EPS: PkR4.9) in SPLY, up 18% YoY.…
Muhammad Ali Jinnah University (MAJU) recently hosted an Open House and an admission test for the Fall 2024 semester. The event featured a medical and mental health camp and student…
The three-day Intertextile Shanghai Apparel Fabrics commenced in Shanghai, China, starting on Tuesday, August 27, and will continue at the National Exhibition and Convention Center (Shanghai) until August 29. Pakistan’s…
The Sustainable Development Policy Institute (SDPI) and Network for Clean Energy Transition (NCET) organized a consultative discussion on “Privatization of Pakistan’s power utility sector: Opportunities and the lessons learnt.” The…
Director General of the Karachi Development Authority (KDA), Syed Shujaat Hussain, has formed a dedicated committee to resolve issues traders and industrialists face. This announcement was made during a luncheon…
Industry leaders from Pakistan's fintech sector met with Lt Gen Muhammad Munir Afsar, Chairman NADRA, to present the industry's current landscape, status and challenges. The discussions centred around the progress…
The Vice President and Regional Chairman of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Zaki Aijaz, stressed the need to reduce electricity prices to 9 cents per…
Zindigi Prize, Pakistan's largest entrepreneurship competition, celebrated another milestone with the resounding success of its KPK Regionals, co-hosted by the Ghulam Ishaq Khan Institute of Engineering Sciences and Technology (GIKI),…
The Pakistan Solar Association (PSA) has expressed serious concerns regarding the growing import of B-grade and inferior-quality solar panels by unauthorized third-party importers in Pakistan. In a strongly worded statement, the…
The groundbreaking Olympic gold win by Pakistan’s trailblazing javelin thrower, Arshad Nadeem, at the Paris Olympics has sent the country abuzz and jubilant. The epic 92.97-meter throw has made sports…
The Dawood Foundation's MagnifiScience Centre has launched its latest exhibit, Ocean Odyssey, on the third floor of the Shahzada Dawood Building. The new section was inaugurated by Mr. Abdul Samad…
PSO, the nation's largest energy company, showcased impressive financial performance and strategic prowess in a challenging market. At a meeting held in Islamabad on August 27, 2024, the Board of…
foodpanda, Pakistan's leading online delivery platform, is proud to announce a strategic partnership with Visa, a world leader in digital payments. The partnership is designed to accelerate the adoption of…