SHPL appoints Azam Jamil as Country Head for Pakistan
As a part of its mission to develop Pakistani tourism and national identity, Siddiqi Hospitality (Pvt.) Limited welcomes Azam Jamil to the company as Country Head. "A nation's growth and…
Shell Pakistan signs ABHI as first customer for voluntary carbon compensation offer
Shell Pakistan Limited signed ABHI, Pakistan's first financial wellness platform, as its first official customer for the launch of its new voluntary carbon compensation program. This program provides an avenue…
Emirates and flydubai celebrate five years of partnership
This month marks five years since Emirates and flydubai activated their extensive partnership and joined forces to offer customers unrivalled travel options to every corner of the globe. They've certainly…
Gluco Kahani’s memorable Children’s Day rhyme teaches the spirit of helping others
This International Children's Day, Peek Freans Gluco has launched a new rhyme, 'Qadam Barhaein Hum' in their popular series in the children's edutainment category, called Gluco Kahani. This rhyme comes…
SBP’s reserves decreased by US$ 134 million
The total liquid foreign reserves held by the country stood at US$ 13,645.0 million as of 18-Nov-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
KATI felicitates the appointment of General Syed Asim Munir as Army Chief of Pakistan
Korangi Association of Trade and Industry (KATI) Patron-in-Chief SM Muneer, President Faraz-ur-Rehman, CEO of KITE Limited Zubair Chhaya, Senior Vice President Nighat Awan, Vice President Muslim Mohammadi along with the…
OGDCL selects 64 employees for Hajj and Umrah through balloting
The Oil and Gas Development Company Limited (OGDCL) held balloting to select employees for Hajj and Umrah for the year 2022-23. Managing Director/CEO OGDCL, Mr Khalid Siraj Subhani announced names…
Visit of the Prime Minister to Türkiye (25-26 November 2022)
On the invitation of His Excellency President Recep Tayyip Erdogan, Prime Minister Muhammad Shehbaz Sharif will pay a two-day official visit to Türkiye, from 25-26 November 2022. Alongside President Erdogan,…
Another range-bound session was witnessed at the PSX today
· Another range-bound session was witnessed at the PSX today. The market opened in the green zone but due to the ongoing political uncertainty, investors chose to book profits at…
Kohinoor Textile Mills and its future forecast
Kohinoor Textile Mills Limited (KTML) held its analyst briefing yesterday, wherein the company management apprised of the following: · To note, the company posted NPAT of PkR4.7bn in FY22, higher…
Urea import is needed to meet the demand-supply gap.
As per the latest data compiled by NFDC, in Oct'22, Urea offtakes declined by 16%YoY/15%MoM to 430k tons. The Rabi 2022-23 season started with an opening inventory of 294k tons…
Pakistan IT exports in Oct-22 up by 13% YoY
Information Technology (IT) exports of Pakistan for October 2022 increased by 13% YoY to US$221mn due to an increase of 38%/8% YoY in Telecom/Computer services. Export number also recovered by…
U.S. Ambassador Donald Blome highlights broad partnership with the people of Balochistan Province
U.S. Ambassador Donald Blome visited Quetta, Balochistan, on November 23 to meet with Chief Minister Abdul Quddus Bizenjo, local partners working to advance climate change adaptation, representatives of higher education…
A range-bound session was witnessed at the PSX today
· A range-bound session was witnessed at the PSX today. The market opened in positive zone but lack of investors' participation plunged the index down into the red and continued…
Huawei signs global ITU pledge to help 120 million people in remote areas connect to the digital world
Huawei has signed a global commitment to join the International Telecommunication Union's Partner2Connect digital alliance, which will bring connectivity to about 120 million people in remote areas in more than…
FPCCI has called for immediate policy interventions and resolution of anomalies pertaining to tea imports
Mr. Irfan Iqbal Sheikh, President FPCCI, has called for immediate policy interventions and resolution of anomalies pertaining to tea imports. He has explained that tea should be considered a necessity…
Pakistan POL imports drop 29.5% in 4MFY23
· Past four months have seen the demand for refined petroleum products drop by 21.6% majorly due to higher pump prices, impact due to floods and an overall economic slowdown. · A…
Pakistan Business users to benefit from availability of SAP Build
SAP announced the launch of SAP Build, a powerful new low code offering to unleash the power of business users, launched at SAP TechEd conference in Las Vegas, USA, recently.…
ICCI, PBC and Unilever collaborate to highlight the significance of ESG
The Overseas Investors Chamber of Commerce & Industry (OICCI) and the Pakistan Business Council (PBC) collaborated to host a design sprint on best practices needed to develop an effective Environmental,…
LUMS and London School of Economics partner to celebrate 75 years of Pakistan
LUMS recently hosted the 'Pakistan@75' Summit curated by the South Asia Centre of the London School of Economics and Political Science. This collaborative event brought together over two hundred and…
Malaysian CG underscores need to review 15-year-old FTA
Consul General of Malaysia Herman Hardynata Bin Ahmad has said that Malaysia and Pakistan, in addition to having several multilateral agreements as members of UN, OIC and D-8, had also…
EFP recognises foodpanda as a leader in women’s empowerment
foodpanda, one of the leading q-commerce and delivery companies in the country, has been recognised by the Employers' Federation of Pakistan (EFP) as one of the 'top 10' organisations in…
NIMA observed World Fisheries Day 2022
Joint efforts of Government and stakeholders are essential for transforming the fisheries sector to address depleting fish stocks and economic prosperity; Mr Tameezuddin Khero, Secretary of Livestock & Fisheries, presides…
OGDCL distributes wheelchairs, rickshaws, and school uniforms to the Hindu community
The Oil and Gas Development Company Limited (OGDCL), under its CSR program, has distributed 20 wheelchairs, five rickshaws and 1021 school uniforms and shoes among Hindu community members in the…
KE’s future outlook remains positive despite current challenges
Despite macroeconomic and geopolitical challenges, KE is confident in serving its customers in a reliable and efficient way through a comprehensive, multi-pronged strategy. These comments were made by KE's Chief…
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