TPL Corp cleans Karachi Beach
In light of World Oceans Day, TPL Corp collaborated with Daraz Pakistan for a Clean Up Drive at Clifton Beach. TPL Corp's collaboration for such a cause was encouraged by…
Khushhali Microfinance Bank clients win at the 14th annual Citi-PPAF Micro-Entrepreneurship Awards
Seven of the best-performing clients of Khushhali Microfinance Bank (KMBL) were shortlisted to win prestigious accolades at the "14th "Citi-PPAF Micro Entrepreneurship Awards – 2022". Five of these seven shortlisted…
Rewarding influential through borrowing suicidal: 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 subsidies and relaxations given…
Alibaba launches Netpreneur training program in Pakistan
Alibaba Global Initiatives (AGI), a training arm of Alibaba Group, is set to launch its Alibaba Netpreneur Training Program today in Pakistan with support from Daraz, a leading e-commerce platform…
Over one million Nokia feature phones produced in Pakistan
HMD Global, the home of Nokia phones, has achieved the milestone of producing over one million locally assembled mobile phones in Pakistan in just 6 months after setting up the…
Pakistan Banks’ profitability impacts 15-20% due to propose increased taxation
The government has introduced major changes in Federal Budget FY23 for the banking sector, which will significantly impact the industry's bottom line. These changes include 1) an increase in the…
Mastercard study advocates financial inclusion as a driver for better access to health and education
Financial inclusion is driving better access to health and education across Middle East and Africa, according to a new white paper from Mastercard. The study, Financial Inclusion+ - Connecting People to…
Denim International Gases signs contract with DOW University of Health Sciences for supply of Medical Gases
Denim International Gases, a leading manufacturer of International Standard Industrial and Medical gases, has signed a tender contract with DOW University of Health Sciences (DUHS), Dow International Dental College Hospital…
U.S. Embassy launches academy for women entrepreneurs 2022
U.S. Embassy Islamabad's Counselor for Commercial Affairs John Coronado congratulated more than 115 Pakistani women entrepreneurs on their selection to the Academy for Women Entrepreneurs (AWE) 2022 in a virtual…
Infinix launches all-new show stopping NOTE 12 VIP with ultra-fast charging
Infinix today released its all-new NOTE 12 VIP that includes high-performance with the 120W Hyper Charge capabilities, a sleek 6.7" FHD+ Super Light AMOLED display with 120Hz refresh rate, 108MP…
Sherry Rehman favours ban on marriages of minors
The global pandemic was an existential crisis for all, indeed, but during such a turmoil and conflict, women were at the epicentre of all intersects, stated federal minister for Climate…
Federal Budget FY23: Economic stabilization the way forward
Budget FY23 is an attempt to satisfy IMF on key matters relating to revenue collection, subsidy reductions and attainment of fiscal discipline. Unlike last year's expansionary budget, which resulted in…
The KSE-100 index remained range bound today
· The KSE-100 index remained range bound with low volumes due to concerns regarding upcoming budget and inflationary pressure. Pharma and IT Sector remained in the limelight due to expectation of…
United States Ambassador congratulates Pakistani students heading to for study
U.S. Ambassador to Pakistan Donald Blome met with a group of 44 students from across Pakistan to congratulate them on their imminent departure for the United States to attend the…
Tetra Pak honoured by the Swedish Embassy to co-host Sweden’s National Day
Tetra Pak was recently honoured by the Swedish Embassy through a special invitation to co-host Sweden's National Day event organized inside the embassy premises on June 9. The Federal Minister…
Ufone 4G users can now enjoy more power with UPower 250
Ufone 4G – Pakistan's no. 1 voice and data network as per Pakistan Telecommunication Authority (PTA)'s Quality Index 2022 – has introduced 'UPower 250' to enhance the scope of its…
BankIslami collaborates with PTV Sports and ARY ZAP for Pakistan, West Indies ODI Series
BankIslami, Pakistan's leading Islamic financial institution, has proudly collaborated with PTV Sports and ARY ZAP app in the ongoing one-day international cricket series that is being played between Pakistan and…
UN Women Pakistan and Nishat Mills Limited to promote gender equality and safer workplaces for women
The United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) and Nishat Mills Limited (Apparel Division) signed an agreement to strengthen their cooperation and promote gender…
SBP reserves decreased by US$ 497 million
The total liquid foreign reserves held by the country stood at US$ 15,176.5 million as of 03-Jun-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
PFMA calls for luxury items import ban to stay for five years
Chairman of Pakistan Footwear Manufacturers Association (PFMA) Mr Zahid Hussain, has said that due to sustained growth, the country's shoe export is on the higher side, and this stability in…
Boskalis wins summary proceedings against payment of EUR 39.5 million
In light of European sanctions legislation, Boskalis suspended its activities on a Russian LNG project earlier this year. In response to this decision, the client Saren B.V. was of the opinion that there was a breach of contract and consequently made a claim for payment of EUR 39.5 million under the…
Junaid Naqi appointed as Chairman, Korangi’s Govt Vocational Training Authority (for women) of STEVA
Former Vice President of KATI Junaid Naqi has been appointed by the Sindh Government as Chairman of GVTC Girls of Sindh Technical Education and Vocational Training Authority STEVTA-IMC. In his…
SBP hosts meetings of Islamic Financial Services Board
The State Bank of Pakistan (SBP) hosted the 40th Council Meeting and 20th General Assembly of the Islamic Financial Services Board (IFSB), on June 9, 2022. Governor SBP is currently…
The PSX remained positive throughout the day due to strengthening of Pak Rupee against US Dollar
· The PSX remained positive throughout the day due to strengthening of Pak Rupee against US Dollar and accumulation of value stocks. Pharmaceutical and Technology sectors remained in the limelight due…
KCCI delegation attends PAJCCI, DGTO meetings and discusses gas matters with State Minister
A high-level delegation of the Karachi Chamber of Commerce and Industry (KCCI) led by Chairman Businessmen Group Zubair Motiwala and President KCCI Muhammad Idrees attended numerous meetings on Thursday, June…
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