Pakistan’s TPL Corp CEO meets with Finland Ambassador

TPL Corp CEO Mr Ali Jameel met with Finland’s Ambassador to Pakistan to strengthen business relations between the two countries. The meeting, which took place at Avari Towers Karachi, is a significant step towards driving industries in Pakistan. With a dedicated contact person of Finland Pakistan Business Council (FPBC) at the Karachi headquarters, TPL Corp, a leading conglomerate in Pakistan with diverse interests in technology, insurance, fund management and real estate, is committed and well-positioned to support Finnish companies looking to establish their presence here.… Continue

Karandaaz launches report on the state of business taxation in Pakistan – Challenges for SMEs

Karandaaz Pakistan arranged a webinar on 15th March, 2023 to launch its latest study on The State of Business Taxation in Pakistan – Challenges for SMEs. The report provides detailed analysis on the hurdles Pakistani SMEs face when attempting to become tax-compliant, the rules that govern taxation in the country and recommends ways responsible authorities can streamline taxation policy while establishing efficient processes for collection to establish a more optimal tax regime.… Continue

A positive session was recorded at the PSX today

·   A positive session was recorded at the PSX today. The market opened in the red losing 209.39 points following the ongoing political turbulence in the state. However, bulls quickly droved the index and proceeded to make an intraday high of 193.69 points as investors opted to cherry pick strong fundamental stocks given the attractive valuations being offered in the market.… Continue

Lucky Cement in collaboration with The Citizen Foundation, completed more schools and vocational centres in Pezu, KPK

In collaboration with The Citizen Foundation, Lucky Cement Limited has completed the state-of-the-art school near our Pezu plant premises. The “Abdul Razzak Tabba Block Lucky Cement Limited Pezu Campus-I” will be for primary classes, while the “Muhammad Yunus Tabba Block Pezu Campus-II” will be for secondary classes.Continue

Agri Connection 2023 to be held on March 16th

Agri Connection 2023, a national level agriculture conference, is set to take place at a local hotel in Karachi on March 16th, 2023. The conference will be attended by government officials, farmers, and experts from the financial sector, food processing, agri tech, and public sector to discuss the development of agriculture in Pakistan.… Continue

Joint statement on U.S.-Pakistan Energy Security Dialogue

The United States and Pakistan concluded the Dialogue on March 15, 2023, chaired by Pakistani Federal Minister for Energy Khurram Dastgir Khan and U.S. Department of State Assistant Secretary for Energy Resources Geoffrey Pyatt. Pakistan and the United States affirmed a mutual commitment to advance the transition to renewable energy and promote a more stable, secure, and prosperous energy future for both nations. … Continue

Meezan Bank & Fieldfisher Capital join hands to extend Islamic Finance Advisory to Europe & Middle East

Pakistan: Meezan Bank, Pakistan’s leading Islamic Bank, has recently signed a Memorandum of Understanding (MoU) with Fieldfisher Capital LLP (FFC) – a multi-disciplinary advisory service, under which both parties will collaborate to provide Shariah advisory services to international clients including, but not limited, to Europe and the Middle East.… Continue

Pakistan Kissan Ittehad President warns of fertilizer shortage as two urea plants remain shut down

The President of Pakistan Kissan Ittehad, Khalid Mahmood Khokhar, held a press conference in Lahore whereby he stated that Pakistani farmers are currently waiting in long queues to receive the urgently required fertilizer for Rabi crops. While sowing of cotton has already started in Sindh and Punjab, two major fertilizer plants in the Country remain closed since January 1, 2023.… Continue

Building infrastructure-vital for Pakistan’s Sustainability

InfraZamin collaborated with Nutshell Group to jointly host Pakistan’s first ever Infrastructure Summit at a local hotel in Karachi. Infrastructure development helps reduce unemployment and stimulates economic growth. In his welcome address, Muhammad Azfar Ahsan, Founder & CEO, Nutshell Group, and former Minister of State & Chairman, Board of Investment, said, “For infrastructure, we need political stability for an empowered public sector funding and though there is a huge potential for economic growth through foreign direct investment, we need to focus on the local investors first and mobilize that money on priority.”… Continue

Special envoy medina’s travel to Pakistan

Special Envoy for Biodiversity and Water Resources Monica Medina will travel to Islamabad and Karachi, Pakistan, March 15-17 to participate in the U.S.-Pakistan Climate and Environment Working Group. She will address climate and environmental issues of concern including climate smart agriculture, water management, air quality, conservation, and plastic pollution.… Continue

Standard Chartered Bank and British Deputy High Commission celebrate Women’s Day

Standard Chartered Bank Pakistan Limited (SCBPL) in partnership with the British Deputy High Commission (BDHC), Karachi organised an event to celebrate International Women’s Day with clients, partners and employees.

A panel discussion was held to focus on “DIGITALL: Innovation and technology for gender equality” led by Khadija Hashimi – Head, CABM AME and Country Head Pakistan SC, Ziana Sakhia – CEO Bechlo.Pk,… Continue

Nestlé Pakistan to plant 100,000 trees this year

Nestlé Pakistan will be planting 100,000 trees this year around its operational areas to support its endeavors to reduce carbon footprint in its ambition to achieve net zero by 2050. To kickoff, Nestlé donated 5,000 trees to Parks & Horticulture Authority (PHA) for a plantation drive at Jilani Park, Lahore under its employee volunteer program – Nestlé Cares.… Continue

The PSX witnessed a mixed session today

·   The PSX witnessed a mixed session today. The benchmark KSE-100 opened in the green but traded both ways as the index remained choppy throughout the trading period as investors opted to remain cautious on account of the further delay in signing the Staff Level Agreement between the government and IMF along with the prevailing political uncertainty crushing investors’ confidence.… Continue

APLF Dubai 2023 opens on March 13

Support for APLF has been forthcoming from the China Leather Industry Association (CLIA) and other regional leather and footwear associations in China as the country gears up for its return to the international business platform offered by APLF. The Chinese regional associations that supporting the APLF Dubai are:

The Association of Guangdong Shoes Manufacturers, Guangdong Shoes Materials Association, Guangzhou Footwear Association, Guangzhou Huadu District Shiling Town People′s Government, Guangdong International Trade Company Limited, Fujian Province Jinjiang City Foreign Trade Co Ltd, Shangdong Province Linyi Small and Medium Enterprise Bureau, and the Hebei Province Baoding Baigou New Town Administration Committee.Continue

Emirates ramps up operations across continents

Emirates has boosted operations by 31% (total ASKMs) since the start of its financial year and has further plans to ramp up seat capacity in its latest published northern summer schedule starting 26 March 2023. 

In the past months, the airline has planned and executed the rapid growth of its network operations – reintroducing services to 5 cities; adding 251 weekly flights onto existing routes; and continuing the roll-out of service enhancements in the air and on the ground.… Continue

United States partners with Pakistan to help farmers improve fertilizer use

United States Ambassador to Pakistan Donald Blome today joined Dr. Ghulam Muhammad Ali of the Pakistan Agriculture Research Council (PARC) at the National Agriculture Research Center (NARC) to announce the $4.5 million “Fertilizer Right” project. To be implemented over the next four years, the project will emphasize practices to help Pakistani farmers enhance fertilizer use efficiency.… Continue

Spotify hosts fans at the first ever gig in Pakistan under “Pakka Hit Hai” flagship

Spotify celebrated the launch of the fresh identity of Pakka Hit Hai, the flagship and one of the most loved playlists of the audio streaming service in Pakistan, by inaugurating Spotify’s first series of musical performances under, ‘Pakka Hit Hai Gigs’ in Pakistan, with the first show featuring Abdul Hannan and Taha G, two of the youngest vocal sensations among many artists who have been featured on the signature playlist.… Continue