Actual generation in 2QFY24 fell by 15.2% compared to the reference
Power generation went down by 8.2% YoY to 7,726 GWh (10,385 MW) during Dec'23, compared to 8,417 GWh (11,313 MW) during Dec'22. However, On MoM basis, generation increased by 2.4%.…
Bridging the evidence gap for children and adolescents’ health
In a groundbreaking article published in the prestigious Nature Medicine journal, experts from various parts of the world collaborated to address evidence gaps for non-communicable diseases (NCDs) in children and…
TCL honored with over 40 awards and accolades for 115-inch TV
TCL Electronics, a leading consumer electronics brand and the world's top two TV brand, presented its leading portfolio of innovative technologies across multiple categories at the Consumer Electronics Show (CES…
Page Turner Awards opens its doors to literary excellence for the fifth year
The renowned Page Turner Awards, an international writing competition celebrating exceptional storytelling, proudly announces its opening to submissions for the 2024 season. The commencement of its annual writing competition invites…
HBL and Visa announce Winners of the First Edition of the She’s Next program in Pakistan
Five winners were announced for She's Next, Visa's global platform dedicated to women entrepreneurs, at an awards ceremony in Karachi Hira Javaid, CEO of Foster Learning, wins People's Favorite Award Winners…
PSX GIS Auction set to raise PkR 100bn
The Pakistan Stock Exchange (PSX) will conduct an auction for GoP Ijarah Sukuk (GIS) instruments on January 23, 2024. The targeted amount for the auction is PkR 100bn. The instruments…
KCCI delegation meets Chairman KPT
Chairman Karachi Port Trust (KPT) Syed Syedain Raza Zaidi, after listening to the grievances being faced by the business community due to exorbitantly high and unjust charges, grilled Shipping Companies…
Pakistan’s Current Account posted a surplus after 6 months.
• In Dec'23, the Current account demonstrated a surplus of USD 397mn, a notable shift from the USD 365mn deficit recorded in Dec'22. • On MoM basis, overall imports experienced a 6.1%…
Pakistan IT exports up 9% YoY in 1HFY24.
Pakistan recorded its highest-ever monthly exports of US$303mn, up 17% MoM and 23% YoY in Dec-2023. IT exports in Dec 2023 are also higher than last 12-month average of US$222mn. As…
KATI commends the establishment of 10,000-acre Industrial Zone in Karachi
The Korangi Association of Trade and Industry (KATI) has extended its congratulations on announcing a new industrial zone spanning 10,000 acres in Karachi by the Caretaker Federal Minister for Industry…
The country has no future without a fair economic system: 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 said on Wednesday that the disparity between…
Maersk and Hapag-Lloyd are entering into an operational cooperation.
Hapag-Lloyd AG (Hapag-Lloyd) and Maersk A/S, an entity under A.P. Moller - Maersk (Maersk), have signed an agreement for a new long-term operational collaboration called "Gemini Cooperation", which will start…
Iftikhar Sheikh assures all-out efforts for resolving small traders/ shopkeepers’ issues.
President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, after listening to grievances being faced by members of All City Tajir Ittehad (ACTI), assured that KCCI, being the…
Economic decisions should be made above political interests: 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 called on Tuesday to end the practice…
realme C67: Dominating the Midrange Market with Power-Packed Performance
In a bold move that's sure to send shockwaves through the smartphone market, realme introduces the realme C67, a device that stands tall with an array of powerful features, setting…
Meezan Bank & IBA join hands to launch Meezan Justuju
Meezan Bank, Pakistan's leading Islamic bank has recently launched Meezan Justuju - a fully funded talent development program for fresh graduates in collaboration with IBA-CEIF (Institute of Business Administration –…
Majid Al Futtaim installs solar energy in the flagship Carrefour Store in Pakistan.
Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in Pakistan, announces the integration of solar energy into its flagship Carrefour store in the country, located in the Fortress…
The Hub Power Company to acquire additional shares of SECMC.
• The board of directors of The Hub Power Company Limited has granted authorization for the company to engage in discussions and execute definitive agreements regarding the potential acquisition of…
Kot Addu Power Company to acquire a stake in Tenaga Generasi
• According to information from the Pakistan Stock Exchange (PSX), KAPCO submitted a bid to acquire a stake in Tenaga Generasi Limited (TGL), the owner of a 49.5MW wind power project…
Jubilee Life Insurance celebrates its first batch of ‘Tech Graduates’
Jubilee Life Insurance, Pakistan's largest private sector insurance company, hosted a graduation ceremony at Beach Luxury Hotel Karachi to celebrate its first batch of 'Tech Graduates' the term specifying Tech…
AdPluto: Pakistan’s first fully self-serve media buying platform launched
A momentous achievement in Pakistan's media industry unfolds as a cutting-edge, fully self-serve media buying platform is unveiled, setting new benchmarks for efficiency and transparency in digital advertising. This groundbreaking…
Google launches election search trends page in Pakistan.
With General Elections scheduled for February 8, 2024, many Pakistanis will search for information online about the political parties and other related topics to help them navigate the electoral process.…
Equal opportunities are essential for every export industry, not just five sectors, Says Ismail Suttar
Ismail Sattar, President of the Lasbela Chamber of Commerce and Industry (LCCI), has voiced concerns regarding the government's economic policies in light of the global economic scenario. He stated that…
Majyd Aziz presented the PEOC crest to Emily French.
Majyd Aziz, Former President of the Employers Federation of Pakistan, presented the PEOC crest to Emily French, a leading authority on Edible Oil and Oilseeds from the USA, after her…
Khushhali Microfinance Bank celebrates highest recovery mark and deposit base for FY23
Khushhali Microfinance Bank Limited (KMBL), the first-specialized microfinance bank in Pakistan, commemorated its achievement for the fiscal year 2023 (FY 2023). The newly established recovery unit of the microfinance bank…