Lucky Cement to invest Rs 11bn in power projects.
In a notice to the exchange today, Lucky Cement (LUCK) announced that, during its emergent board meeting held on September 6, 2023, it had decided to invest in renewable power…
Prantik Group celebrates 25 years of successful operations in Bangladesh and beyond.
Prantik Group, formed in 1998, has become a reliable name in the Shipping industry of Bangladesh. The Group has celebrated its twenty-fifth year in Bangladesh this week. The Group provides…
KCCI is perturbed over the exorbitant hike in petroleum prices
President Karachi Chamber of Commerce & Industry (KCCI) Mohammad Tariq Yousuf has expressed deep concern over the staggering hike in prices of petroleum products which would further fuel the already…
The crucial role of clinical trials in medical progress
Conducting clinical trials is always challenging; however, these challenges are magnified in low and middle-income countries, said Prof Dr. Faisal Mahmood, Section Head of infectious diseases at Aga Khan University.…
Challenging sociopolitical and macroeconomic factors impaired KE’s profitability for FY23
The recently concluded fiscal year was significantly influenced by challenging sociopolitical and macroeconomic factors that cascade impact multiple sectors, including KE. Surging inflation, policy rate hikes, rupee devaluation and a…
The Aga Khan University and the Aga Khan University Hospital celebrate the World Heart Day.
The Aga Khan University and the Aga Khan University Hospital commenced this year's World Heart Day celebrations in full swing as the leadership of AKU, led by President Dr. Sulaiman…
TDAP to participate at Texworld Evolution Paris (05 – 07 February 2024)
Partner-up for Fashion SourcingParis, one of the world's major fashion capitals, is the best place to promote and sell brand(s) and collections in Europe and to the Western and increasingly…
PSO announces the inauguration of refuelling operations at Quetta International Airport
In a landmark achievement, PSO has reached a remarkable milestone by inaugurating its state-of-the-art aircraft refuelling facility at the Quetta International Airport, situated in the heart of Balochistan, the capital…
PSX past week and outlook
The outgoing week saw the market awaiting the MPC meeting's decision, wherein expectations ranged from ~0% to 2% hike in the policy rate, and last week's T-Bill auction suggested the…
JazzCash becomes the first Fintech platform to enable SCOM Bundles
In a pioneering move, JazzCash, Pakistan's leading fintech player, has announced the integration of the Special Communications Organization (SCO) mobile network onto its platform. This strategic partnership brings exciting new…
Dawlance commemorates World Ozone Day with a pledge to protect the planet
Dawlance is the leading producer of refrigerators and a wide range of home appliances in Pakistan. Dawlance has changed its Refrigerant usage in air conditioners from R410A to a much…
KMBL and HBL Konnect sign agreement
The Khushhali Microfinance Bank Limited and HBL Konnect have signed an agreement, enabling payments for Khushhali Bank customers through HBL Konnect branchless banking and agents network across Pakistan. The agreement…
Business community revitalise industrial zone amid economic challenges, President KATI Faraz-ur-Rehman.
The Korangi Association of Trade and Industry (KATI) is collaborating with District officials to rejuvenate industrial and commercial activities in the face of economic instability. President of KATI, Faraz-ur-Rehman, emphasised…
ICC World Cup 2023 to live stream for free in Pakistan on Daraz, Tamasha
Cricket fever in Pakistan is all set to reach unprecedented heights this year with an exciting announcement from Daraz, Tamasha, and myco. In an unprecedented move, these leading digital platforms…
Discussions with the World Bank are ongoing to bring US$2bn on a fast track basis
The agriculture sector is expected to improve, with positive growth projected from major and minor crops. SBP's decision to maintain the policy rate at 22% will keep the cost of…
Ufone 4G launches end-to-end Digital Lifestyle Experience Shops to boost customer satisfaction
Pakistani mobile operator Ufone 4G has started transforming its flagship joint shops nationwide into Digital Lifestyle Experience Shops, aimed at delivering an end-to-end digital lifestyle experience to its customers. The…
The government handed the petition to protect disability rights
The Government of Pakistan has received a petition with thousands of signatures calling for action to protect disability rights ahead of a major UN summit on the Sustainable Development Goals…
The SSGC’s operation grift intensifies the crackdown against gas thieves.
Sui Southern Gas Company has intensified its operations against the nuisance of gas theft, one of the main causes behind the Company's UFG or line losses, through its raids on…
Pakistan mixed key economic indicators for August 2023
Pakistan recorded its Current Account Deficit (CAD) of US$160mn in Aug 2023 vs US$775mn in Jul-2023, which is better than estimates. This takes 2MFY24 CAD to US$935mn against a CAD…
Mastercard’s strategic partnership with Delivery Hero
Mastercard's strategic partnership with Delivery Hero, the world's leading local delivery platform, continues to fuel the growth of e-commerce in the Middle East and North Africa (MENA) region. Since announcing…
MEBL announces the establishment of an Exchange Company
MEBL intends to establish an Exchange Company MEBL, in a notice today, has announced its intent to establish an Exchange Company, a strategic move influenced by recent structural reforms implemented…
The crackdown on the sugar and dollar mafia is commendable.
On Friday, Dr Hanif Mughal, Senior Vice President of Pakistan Economy Watch (PEW), said that the crackdown against the sugar and dollar mafia is highly laudable. He said actions are…
Exports and remittances are decreasing; business costs should be reduced: Mian Zahid Hussain.
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the country is…
Strategic partnership in foodpanda and Atlas Honda Ltd
In a strategic partnership with Atlas Honda Ltd for Riders, foodpanda hosted a Motorcycle Simulator Demo and Road Safety Session at its Karachi office. This initiative aimed to bolster safety…
Standard Chartered enters into an agreement with the Kashf Foundation
Standard Chartered Bank has entered into a distribution agreement with Kashf Foundation. Through this arrangement, Standard Chartered will be offering Kashf Gender Bonds to the Bank's non-individual business banking clients.…
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