Moin A. Malik becomes CEO TCS Logistics
TCS - Pakistan's largest logistics company appoints Mr. Moin A. Malik as CEO of TCS Logistics Private Limited. Malik has an illustrious career in the logistics industry with which he…
Careem launches carpooling service
Given the massive hike in global fuel prices, the everyday office-goer is the most affected by the current economic conditions. Careem, the Super App of the greater Middle East and Pakistan,…
Standard Chartered goes live with RiskNucleus® GRC Solution
BenchMatrix has successfully facilitated Standard Chartered Bank Pakistan (SCBPL) in the installation and implementation of its RiskNucleus® GRC, with the goal to digitize the Bank's compliance risk management processes. The…
The KSE-100 index witnessed profit taking
· The benchmark KSE-100 index witnessed an under-pressure session today as investors opted for profit taking. Main board activity remained dry whereas hefty volumes were recorded in the 3rd tier…
Amreli Steel approved an investment to install facility for production of ADC12 Aluminum Alloy Ingots
The Board of Directors of Amreli Steel Limited (ASTL) recently approved an investment to install facility for production of ADC12 Aluminum Alloy Ingots, which is widely used alloy to produce…
Treet Corporation Limited trims costs with Oracle Cloud Infrastructure
Treet Corporation Limited (TCL), a Treet Group company, uses Oracle Cloud Infrastructure (OCI) to help lower costs, support business growth, and improve productivity. By migrating its on-premises, business-critical finance, and…
Musadik Malik visited PSO’s Head Office in Karachi
Minister of State (Petroleum Division), Ministry of Energy, Mr. Musadik Malik visited PSO's Head Office in Karachi. Managing Director & CEO, Pakistan State Oil (PSO), Syed Taha welcomed the honorable…
Boskalis vessels switch to green shore power facility in Rotterdam
The Port of Rotterdam Authority and Eneco are going to construct shore-based power facilities in the Waalhaven, Rotterdam (the Netherlands) so that moored Boskalis vessels can run on green electricity instead of fossil…
D.G. Khan Cement Company foresees a decline in cement demands owing to various factors
D.G. Khan Cement Company has estimated that cement markets are likely to suffer in FY23 due to budget constraints, which suggests growth next year will be negative or single-digit. Moreover,…
PSX witnessed a positive session today due to clarity on budgetary measures
· PSX witnessed a positive session today due to clarity on budgetary measures taken by the government imposing super tax also dubbed as "Poverty alleviation tax" on large corporate's profitability pertaining…
LNG crisis engulfing the country: 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 on Monday said a serious LNG crisis…
Darul Sehat Hospital sends employees for Hajj
Darul Sehat Hospital, owned and operated by Darul Shifa International (Pvt) Ltd. sends six of its hospital employees for the holy pilgrimage of Hajj this year. The recipients were selected…
British Council organizes Pakistan stories film screening
The British Council, in collaboration with Patakha Pictures in Pakistan and the Scottish Documentary Institute in the UK organized a film screening event for "Pakistan Stories" at a hotel in…
JazzCash and Bank of Khyber enter strategic partnership for KPK’s Insaaf Food Programme
Pakistan's leading fintech JazzCash, in collaboration with Bank of Khyber (BoK), is strengthening the country's digital payments ecosystem. JazzCash users living in Khyber Pakhtunkhwa (KPK) will now be able to…
Khushhali Microfinance Bank’s skills development program for women in Mirpurkhas
Khushhali Microfinance Bank Limited is one of the leading financial institutions in Pakistan, with a vision to accelerate socio-economic development, by promoting financial inclusion of the vast unbanked segment in…
PTCL Group donates life jackets to angler’s community of Karachi
PTCL Group, Pakistan's largest telecom operators PTCL & Ufone has donated life jackets to the fishermen community of Karachi to ensure safety of small-scale level fishermen during high tide season…
MARI and OGDC announce discovery at Bannu West-1
As per the latest announcement by MARI, further hydrocarbon discovery has been made at Bannu West-1 at Bannu Block at North Wazirstan located in KPK Province. Previously, the company discovered…
Pakistan likely to record highest cement Dispatches in June 2022
Provisional cement data for Jun'22 depicts a rise of 2% YoY to 5.30mn tons, and domestic dispatches recorded an uptick of 9% YoY to 5.07mn tons. Meanwhile, exports shrunk by…
QNET commits to delivering a world-class e-commerce platform
As e-commerce, sees accelerated growth for retail industries (Shopify reported that global commerce sales are expected to reach US$5 trillion in 2022!), companies like Hong Kong-based direct selling company QNET,…
Two-day conflict reporting conference concludes with Peace Journalism awards
Social media has erased the line between truth and lies, and this is in my view is extreme reporting. Where facts, reality are manufactured but only if you have sufficient…
Leadership’s role is crucial for Pakistan’s progress: Arif Alvi
The role of leadership is very crucial in challenging times; it is about understanding issues and being persistent in the pursuit of solutions. If the leadership is clear-headed, it can…
The conflict reporting conference kicks off at CEJ-IBA
The two-day conference on 'Extreme Reporting: Conflict and Peace in the Digital Age' held at the Centre of Excellence in Journalism at the Institute of Business Administration was held in Karachi on…
Nautical Institute, Pakistan celebrates the annual Day of the Seafarer
By Capt. Asim Iqbal The Nautical Institute, Pakistan Branch this year, once again, celebrated the annual Day of the Seafarer in KPT STAFF COLLEGE, Lalazar today. It was an eye-catching…
SBP seeks Supreme Court guidance on Riba
SBP welcomes the Federal Shariat Court's Judgement of April 28, 2022 on Riba case, as has already been done by the Honorable Finance Minister. In particular, we appreciate the substantive…
Emirates to operate extra flights for upcoming Hajj season
With the significant demand for air travel during Hajj, Emirates is deploying extra flights to ensure more connectivity for the scores of pilgrims making their way to the Holy City…
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