Spotify's signature program, EQUAL Pakistan, dedicated to bringing some of the finest women musicians from the country into the spotlight, marks its second anniversary in March. In celebration, Spotify is treating…
The President of Korangi Association of Trade and Industry (KATI) Johar Qandhari, Deputy Patron-in-Chief Zubair Chhaya, Senior Vice President Nighat Awan, Vice President Muslim Mohamedi, Former Chairmen/Presidents and executive Committee…
Systems Limited (SYS) announced the financial result for CY23 whereby the company posted a PAT of PKR 8,689mn (EPS: PKR 29.8) against a PAT of PKR 6,629mn (EPS: 22.8) during…
Altaf A. Ghaffar, Senior Vice President of KCCI, has assumed charge as Acting President of the Karachi Chamber of Commerce and Industry (KCCI) during the absence of President KCCI Iftikhar…
Al-Ghazi Tractors (AGTL) reported a 4QCY23 NPAT of PKR829mn (EPS: PKR14.30), declining 16% QoQ but improving from a loss incurred last year. This brings the CY23 EPS to PKR45.06, reflecting…
Dr Muhammad Hanif Mughal, Chairman of Pakistan Tehreek-e-Shadbad, said on Monday that it is impossible to run an economy on debt for an extended period. He said that an economy…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Monday that the PM's choice to place the burden of difficult decisions on…
In a distressing turn of events, Pakistan Council of Scientific and Industrial Research (PCSIR) employees have found themselves grappling with financial uncertainty as they have not received their monthly salaries…
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 Saturday that taking a new…
The State Bank of Pakistan will remain closed on March 23, 2024 (Saturday), being a public holiday on the occasion of 'Pakistan Day' as declared by the Government of Pakistan.…
Formite and The Hunar Foundation have collaborated to empower aspiring youth by enriching educational resources and providing valuable industry experiences. This partnership exemplifies Formite's commitment to corporate social responsibility (CSR)…
The total liquid foreign reserves held by the country stood at US$ 13,390.7 million as of 15-Mar-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
TrustDecision is forging a pivotal partnership with Rapid, Pakistan's leading in-country cloud service provider, to deliver its cutting-edge fraud, credit risk, and compliance solutions. This collaboration will empower commercial banks,…
In a landmark collaboration, easypaisa, Pakistan's leading digital financial services platform, and Knorr, Unilever's biggest food brand, have joined forces to revolutionize the digital payments landscape. This strategic partnership represents…
Pakistan recorded monthly IT exports of US$257mn, up 32% YoY while down 3% MoM in Feb-2024. These monthly IT exports in Feb 2024 are higher than last 12-month average of US$233mn.…
• Power generation went down by 8.1% YoY to 7,130 GWh (10,244 MW) during Feb'24, compared to 7,755 GWh (11,541 MW) during Feb'23. On MoM basis power generation declined by 14.2%.…
Pakistan's current account turned positive in February 2024, reporting a Current Account Surplus (CAS) of US$128mn after a notable Current Account Deficit (CAD) of US$303mn in January 2024. CAD for…
Zong 4G, Pakistan's leading mobile network operator, is revolutionizing communication with the launch of its innovative Notify-Me service. This user-friendly service eliminates the frustration of unanswered calls from an unavailable…
A UK-based organization has launched the Pakistan Special Education Initiative (PSEI) to support children with disabilities in accessing quality mainstream education and achieving important life milestones. PSEI, native to the…
Agreement Details: A press release from the IMF on Mar 20th, 2024, confirmed that the IMF staff and Pakistani authorities had reached a staff-level agreement on the second and final…
Karandaaz Pakistan, a development finance platform at the forefront of promoting financial inclusion and driving digital transformation across the country, announced the launch of GreenFin Innovations (GFI), a groundbreaking initiative…
Humanitarian organizations, United Nations agencies, International donors, and representatives from National and Provincial Disaster Management Authorities gathered here on Tuesday to discuss lessons and reflections from rehabilitation and reconstruction efforts…
Careem, the leading ride-hailing platform in Pakistan, has introduced a series of impactful initiatives this Ramzan, using technology as an enabler in the way donations are traditionally made. With the…
Wilmar Pakistan Holdings Pte. Ltd. ("WPH", a wholly owned direct subsidiary of Wilmar International Limited), Unity Wilmar Agro (Private) Limited ("UWA", a 52% subsidiary of WPH) and certain shareholders of…
Brigadier (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW), said on Tuesday that unemployed youth from poor nations are joining the Russia-Ukraine war in large numbers. He said human…
