Embarking on a transformative journey, Zindigi, powered by JS Bank, in collaboration with the Sindh Mass Transit Authority (SMTA), People Bus Service, and Mastercard, has reshaped Karachi's public transportation landscape.…
Mr. Atif Ikram Sheikh, President of FPCCI, has informed that Mr. Qaiser Ahmed Sheikh, federal minister for maritime affairs, has, in principle, agreed to FPCCI's demand that there should be…
Bank of Punjab (BoP) has become a strategic partner of Google Cloud Startup Competition 2024. This competition is organised nationally by Google Cloud Partner Tech Valley and supported by Google…
IGATEX PAKISTAN, the country's premier Garment, Textile & Digital Printing Machinery and Accessories Exhibition, concluded on a high note at the Expo Centre Lahore. Organised by Fakt Exhibitions (Pvt.) Ltd.,…
KTC has raised concerns over the recent decline in its cigarette sales, attributing it to a sharp rise in the smuggling of international cigarette brands in Pakistan. This surge in…
The International Centre of Excellence (ICE) successfully organized "Future Work Connect 24," a high-profile event aimed at advancing Pakistan's global competitiveness in education and fostering collaboration between industry and academia.…
Interloop Limited (ILP) announced its 3QFY24 result today, where the company recorded an unconsolidated earnings of Rs4.1bn (EPS of Rs2.95). This takes 9MFY24 earnings to Rs13.2bn (EPS of Rs9.39) down…
Cement dispatches slightly declined in April 2024. Total Cement dispatches during April 2024 were 2.943 million tons, compared to 2.951 Million Tons dispatched during the last fiscal year. According to…
To recall, Government of Pakistan under the IMF program has sizably increased the gas prices by ~75% in Nov-2023 and ~20% in Feb-2024 to contain the annual pile up of…
Each year on World Press Freedom Day, the world celebrates the importance of journalism and recognizes the integral role a vibrant, independent media plays in democratic societies. The free flow…
Telenor Microfinance Bank (TMB) announced exceptional financial performance for the first quarter of 2024 (Q1'24). The Bank reported an impressive profit before tax of PKR 1.03 billion during Q1'24 compared…
The Governor of Sindh, Muhammad Kamran Khan Tessori, has said that the design of the bureaucracy needs to be changed, and at least two experienced persons with experience in relevant…
Director General of Sindh Food Authority (SFA), Agha Fakhar Hussain, announced that companies endorsed by the Korangi Association of Trade and Industry (KATI) will receive immediate licenses. Moreover, the companies…
During a May 1-3 visit to Lahore, U.S. Ambassador Donald Blome met with new Punjab officials to explore opportunities to strengthen the U.S.-Pakistan partnership in Punjab province. He also held…
Pakistan OMC's sales fell to 1.1mn tons, the lowest in 6 months. Diesel sales slightly improved by 1% MoM basis due to the harvesting season. Pakistan Oil Marketing Companies (OMCs)…
The 969 MW Neelum Jhelum Hydropower Plant was shut down yesterday for a physical inspection of its head race tunnel to locate the problem that led to a decrease in…
DAP market size increased by 23% YoY to 292K tons in 1Q2024 where FFBL's market share increased to 58% in 1Q2024 compared to 54% in 1Q2023. DAP primary margins in…
The Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain, said on Friday that…
Yango, an international tech company with several digital offerings, including a ride-hailing service, is present in the Pakistani market and announces the implementation of comprehensive security enhancements to ensure the…
Chief executive officers (CEOs) and chief financial officers (CFOs) need to build trust in artificial intelligence (AI) by taking steps in their organisations to manage the associated risks. As AI…
Sehat Kahani and Rotary Pakistan Smart Villages have formalised a strategic partnership through a Memorandum of Understanding (MOU) signing ceremony on a momentous occasion marked by collaboration and commitment. The…
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is pleased to announce that Shaikh Rashid Alam, CEO of Brand Foundation, has been appointed convener of its Central Standing…
SSGC continued with its targeted drive to control the menace of gas theft across its franchise areas of operation. Quetta team of Security Services and Counter Gas Theft Operations (SS…
Dr. Shahid Rasheed Butt, who had previously served as the President of the Islamabad Chamber of Commerce and Industry (ICCI), stated on Friday that it is possible to bring assistance…
Dr Muhammad Hanif Mughal, Chairman of Pakistan Tehreek-e-Shadbad, said on Friday that Pakistan has lost numerous chances to grow economically. Politicians and bureaucracy tend to scare away investors, which should be…