Daily cargo handling report of Karachi Port Trust
The Karachi Port Trust handled 113,776 tons of cargo comprising 75,830 Tones of import cargo and 37,946 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Telenor Pakistan announces results for 2nd quarter 2022
Pakistan's volatile macroeconomic situation during the current fiscal year and its exchange rate fluctuations impacted Telenor Pakistan's performance during the second quarter of 2022. Despite the economic challenges, Telenor Pakistan…
Pakistan fertilizers companies’ earnings likely to decline due to one-time Super Tax
We estimate AHCML Fertilizer universe earnings to decline by 52% YoY in 2Q2022 mainly due to the imposition of super tax. Similarly, on QoQ basis earnings are expected to decline…
Zu Peshawar gets global recognition for the best smart ticketing programme
TransPeshawar and LMKR are proud to announce yet another international honor for the Peshawar BRT System. TransPeshawar won the Award for "Best Smart Ticketing Programme" (200K+ journeys) for 2022 at the Transport Ticketing…
GE unveils brand names for three planned future public companies
Healthcare business to be named GE HealthCare GE's portfolio of energy businesses, including GE Renewable Energy, GE Power, GE Digital, and GE Energy Financial Services, to come together as GE…
Careem launches Falcon project to facilitate aspiring engineers in Pakistan
Careem, the Super App for the greater Middle East and Pakistan, has launched the Falcon project to provide learning and employment opportunities to young and aspiring engineers across the region.…
Pakistan Auto show 2022 to kick off by July 29
The largest exhibition of automobiles in the country - The Pakistan Auto Show 2022 (PAS-22) is being held on the 29th, 30th, and 31st of July, 2022 at the Expo…
QNET promotes entrepreneurial opportunities for young people on World Youth Skills Day
QNET, a prominent e-commerce based direct selling company, is celebrating World Youth Skills Day by empowering young people through upskilling workshops that focus on entrepreneurial proficiency. The company offers comprehensive…
Easypaisa launches a credit score visibility feature for customers
In a move that will reshape the way consumers get access to digital financial services, Easypaisa, Pakistan's leading digital payments app has launched an industry first Credit Score Visibility feature…
Pakistan should ensure political stability to avoid economic problems: Mian Zahid Hussain
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said the world is…
The benchmark KSE-100 index witnessed a bloodbath session today
· The benchmark KSE-100 index witnessed a bloodbath session today over prevailing political uncertainty in the country. The market opened in the negative zone and remained under pressure throughout the day…
SBP – workers remittances rise to a record-high in FY22
In June, remittances rose to $2.76 billion, increasing by 18.4 percent on m/m basis and 1.7 percent on y/y basis. In June, remittances were mainly sourced from Saudi Arabia ($666…
Revisions in power tariffs and taxes on bills: KE
In line with the governing laws, rules, and regulations of the Government of Pakistan and NEPRA, various changes have been made to the rates of electricity and tariff structure that…
MD PPL is abroad on routine leave as per company rules
Over the past few days, baseless news regarding the departure of Managing Director, Pakistan Petroleum Limited Mr. Moin Raza Khan abroad has been circulating in the media. Mr. Khan who…
How do we prepare for natural disasters?
The recent expansion in urbanization, environmental deterioration, and natural disasters of ever-greater magnitude have all had a significant impact on Pakistan, an underdeveloped country. According to the Climate Risk Index…
Iqra University North Campus and Ehad Healthcare signed the MoU
Community pharmacy in Pakistan is a widely growing chain. The Department of Pharmacy at Iqra University North Campus always aims to collaborate with positive, like-minded organizations that believe in meeting…
Alibaba.com to organize Lahore seller Summit on 20 July
Alibaba.com, a global leading B2B e-commerce marketplace, is hosting an event in Lahore to discuss the new era of B2B e-commerce with existing and potential exporters in the region. The…
Modern technology continues to be used to curb smuggling: Wajid Ali Chief Collector Customs South
Chief Collector Customs South Wajid Ali said that we are bringing innovation in customs in Pakistan, for the first time, collected a historical tax. We were using state-of-the-art technology to…
Turkiye’s “Democracy and National Unity Day”
On the occasion of the 6th Democracy and National Unity Day, the Government and people of Pakistan reaffirm their abiding solidarity and strong support for the brotherly people and Government…
Emirates and Air Canada form strategic partnership
Emirates and Air Canada today announced the signing of a strategic partnership agreement that will create more options for customers when travelling on the carriers' networks while also enhancing the…
SBP’s reserves decreased by US$ 99 million
The total liquid foreign reserves held by the country stood at US$ 15,610.5 million as of 07-Jul-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
Standard Chartered conducts roadshow for NRPs in UAE
Standard Chartered Bank conducted a roadshow for Non-Resident Pakistanis based in the UAE. This event was brought forth with the support of the State Bank of Pakistan (SBP). The Standard Chartered…
K-Electric clarifies facts on electric-shock related incidents during rains
As the torrential rainfall continued to batter the city during Eid days, different electric-shock-related incidents were reported in different parts of the city on 11 and 12 July 2022. In…
The bulls continued to dominate the PSX throughout the day
· The bulls continued to dominate the PSX throughout the day as KSE-100 index went up by 500 points. As Pakistan has reached a staff level agreement with the International Monetary Fund…
U.S. Embassy and National University of Sciences And Technology open New Lincoln Corner
In his first visit to a university in Pakistan, U.S. Ambassador Donald Blome joined the Rector of the National University of Sciences and Technology (NUST) Javed Mahmood Bukhari to inaugurate…
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