PSX briefs Media about re-entry in MSI Emerging Market Index

Pakistan Stock Exchange (PSX) has organized a media briefing to discuss re-entry of Pakistan Capital Market into MSCI Emerging Market Index, at Karachi Press Club yesterday. Mr. Muneer Kamal, Chairman, Pakistan Stock Exchange (PSX) Mr. Nadeem Naqvi, Managing Director, PSX and Deputy MD Haroon Askari have presented a background and their efforts to get reinstate in the index.… Continue

KATI seeks timely pre-monsoon arrangement in industrial areas

President of Korangi Association of Trade & Industry (KATI) Zahid Saeed urged for pre-monsoon arrangements in Karachi. He referred to recent forecast of heavy rains by weather department. He said that water drainage system of the metropolis has been collapsed and need cleaning and reconstruction on different spots and location.… Continue

NIT ANNOUNCES INTERIM RESULTS FOR FY16

National Investment Trust Limited (NITL), the largest Asset Management Company of Pakistan has declared interim distribution for all Funds under its management for the year ending June 30, 2016. The announcements were made through a press release issued by NITL on June 15, 2016 after its Board of Directors approved the interim distribution for all Funds under its management.… Continue

K-ELECTRIC EXPANDS ITS SOCIAL INVESTMENT PROGRAMME

 

K-Electric and SINA Health Education and Welfare Trust signed an MoU whereby KE will be providing 100% free electricity to the non-profit organization. SINA is the 15th partner in the K-Electric Social Investments Program (SIP), an initiative which empowers institutions working to bring social change to Pakistan by providing them free electricity.… Continue

Telenor and Inbox Technologies join hands

Pakistan’s first and largest branchless banking service Easypaisa has partnered with Inbox Technologies for the upcoming Metro Bus mass transit project to operate in Lahore and Multan. While Inbox Technologies handles the automated fare collection and bus scheduling system, Easypaisa will be the distribution and cash management partner offering 33 Easypaisa shops for facilitating ticket bookings, smart cards sales, and recharge options at convenient locations.… Continue

IBA Signs MoU with The Citizens Foundation

The Institute of Business Administration (IBA), represented by its Acting Dean & Director Dr. Sayeed Ghani, signed a MoU with The Citizens Foundation, represented by its President and CEO Mr. Syed Asaad Ayub Ahmad, at the IBA Main Campus to prepare TCF students for University testing and offer operational and consultative support.… Continue

Huawei Pakistan promotes Fraz Malik Khan as DGM, Device Business.

Huawei Pakistan has promoted – Mr. Fraz Malik Khan as Deputy General Manager of its Device Department. The leading technology company – Huawei has acknowledged the competent performance and managerial expertise of Mr. Fraz Khan, to entrust him with these important responsibilities, to drive the strategic development and planning functions for the world-renowned brand in Pakistan.… Continue

Telenor Youth Forum Asia concludes with five solutions for issues facing Asia’s youth

Young Pakistanis Presents Winning Solution to Address Youth Unemployment in Asia at Telenor Youth Forum


A two-day forum organized by Telenor Group to explore, discuss and develop solutions to some of the most daunting challenges facing Asia’s youth recently concluded in Bangkok, Thailand, with a Pakistani delegate presenting the winning solution to address youth employment.… Continue

Telenor Pakistan collaborates with Picture Autism

Putting its next-generation IoT product ‘Telenor Companion’ watch to test for the social good, Telenor Pakistan collaborates with Picture Autism, a nonprofit working to create awareness about Autism in Pakistan. The pilot phase comprises distribution of Companion watches among autistic children and to test its efficacy in addressing the needs of autistic children and their families.… Continue

PTA approves Mobilink’s merger with Warid

The Pakistan Telecommunication Authority (“PTA”) has today approved the merger of Pakistan Mobile Communication Limited (“Mobilink”) and Warid Telecom (Private) Limited (“Warid”)*. This is yet another milestone in the regulatory process and follows the approval granted in March, 2016 by the Competition Commission of Pakistan.Continue

CEO Telenor meets Chief Minister of KPK

 


 

CEO Telenor Pakistan made a courtesy call to the Chief Minister of KPK today. They discussed Telenor Pakistan’s contribution to the society and joint ongoing projects between the Government of KPK and Telenor Pakistan. Picture shows (L-R): Nasruminallah Mian, Director Public & Government Affairs Telenor Pakistan, Mr.Continue

Thirteen Labour laws are in the final phase of being legislated in the province of Sindh; Abdul Rasheed Solangi


Group picture shows Abdul Rasheed Solangi (Secretary Labour, Government of Sindh) along with Khawaja Muhammad Nauman, (President, EFP), Ms. Ingrid Christensen (Country Director ILO), Dr. Mustafa Suhag, Iftikhar Ahmad, Dr. Tahir Baig Barlas, Ms. Nabeela M. Faisal, Fasihul Karim Siddiqi, Zahoor Awan, Arif Elahi and awards winner at  11th Employers’ Federation of Pakistan (EFP) OSH&E Award Ceremony, held recently.Continue

PNSC approves financial results for 9MFY2016

The Board of Directors of Pakistan National Shipping Corporation (PNSC) in its meeting held on 27th April 2016 has approved the financial results for last nine months. It has achieved Group after Tax Profit of Rs 1,364 million during nine months period ended March 31, 2016 against Rs 1,051 million in the same period last year.… Continue

Telenor Pakistan meets Journalists/Bloggers

Group photograph shows the participants and hosts.

The Corporate Communications team of Telenor Pakistan has arranged a meeting cum lunch in the honour of Journalists and bloggers at local café in Karachi today. Telenor’s Corporate Communications team was led by Hyder Bilgrami, Manager Corporate & Saad Warraich, Asst.… Continue

Bank Alfalah earns PBT of Rs. 3.794 bn 1Q2016

Bank Alfalah’s financial results for the first quarter of 2016 remained positive, with the Bank registering profit before taxation of Rs. 3.794 billion – a growth of 25percent, as against the corresponding period last year. The Bank’s Profit after tax was recorded at Rs.… Continue