A joint report by the UNESCO Institute for Information Technologies in Education (UNESCO IITE) and Huawei has revealed the importance of developing ICT talents and creating relevant ecosystems to enhance ICT skills in the Middle East and expand access to career opportunities in the digital world.… Continue

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 welcomed the return of Senator Ishaq Dar to Pakistan after a gap of five years. The news of the return of Senator Ishaq Dar has given hope to the business community, and the rupee has started to strengthen while the stock market has also increased by four hundred points, he said.… Continue

President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees has requested the Finance Minister to issue directives to Federal Board of Revenue (FBR) for extension in last date for filing income tax returns from September 30, 2022 to December 31, 2022 keeping in view the unusual situation emerging all over the country due to recent rainfalls and flashfloods.… Continue

ACCA (the Association of Chartered Certified Accountants) hosted a large-scale corporate conference in Peshawar themed ‘Rethinking a better world – Sustainable Growth for Pakistan,’ featuring representation from the country’s top businesses, thought leadership and policymakers. The conference provided a platform for the region’s key stakeholders and brightest minds to engage in interdisciplinary, forward-thinking conversations to propose an agenda to revitalise the private sector and kick start an era of sustainable, inclusive economic growth.… Continue

ACCA (the Association of Chartered Certified Accountants) hosted a large-scale corporate conference in Peshawar, themed ‘Rethinking a better world – Sustainable Growth for Pakistan,’ featuring representation from the country’s top businesses, thought leadership and policymakers.

The conference provided a platform for the region’s key stakeholders and brightest minds to engage in interdisciplinary, forward-thinking conversations to propose an agenda to revitalise the private sector and kick start an era of sustainable, inclusive economic growth. … Continue

President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees, while highlighting the impact of unstoppable devaluation of Pakistani rupee against dollar, all-time highest inflation, warned that unsettled economic issues would severely jeopardize Pakistan’s future and the country may soon reach at the point of no return hence, the top brass must get the national priorities in order and fix the ailing economy in a more sustainable manner.… Continue

Khushhali Microfinance Bank Limited is a leading financial institution of Pakistan, which is introducing global standards of banking for economic growth of the country, while it has a broad based ‘Corporate Social Responsibility’ (CSR) program, to ensure the wellbeing of wider community.… Continue

A total of 34 Pakistani entrepreneurs participated in the first Alibaba Netpreneur Training (“ANT”) Pakistan Program organised by Alibaba Global Initiatives (“AGI”) with support from Daraz, South Asia’s leading e-commerce platform and a business of Alibaba Group, as well as the Trade Development Authority of Pakistan.… Continue

A delegation from Pula Advisors, a leading agricultural insurance and technology company, recently met with officials from the Sindh provincial government to propose disaster risk insurance which could safeguard all areas of the province where wheat farming is still possible for the upcoming Rabi season. … Continue

Zonergy Corporation, an inverter and energy storage solutions provider, made its debut at the Solar Power International (SPI) 2022, the largest solar energy exhibition in North America. Zonergy’s Executive Director and President Richard J Guo and his team attended the exhibition, where leading renewable energy manufacturers and service providers showcase their products and storage products. … Continue

Today YouTube announced the expansion of its monetisation system with YouTube Partner Program (YPP). YouTube shared that it is expanding the platform’s monetization system to allow more creators to join the program by new ways for creators to earn revenue through Shorts, and re-imagining the music industry and creator dynamic by opening up ads monetization for those who feature music in their videos.… Continue

· When the country received IMF’s tranche of US$1.2bn at the start of this month, the second since the start of the year, it was hoped that currency would find solid ground against the US$. However, against expectations, the currency has continued to depreciate, sliding to PkR237.5/US$ at the time of writing.… Continue

On Monday, Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said food importers should be allowed to buy dollars from legal channels.

He said that the government should take all the necessary steps to arrest the increase in the price of food items, especially vegetables imported from Afghanistan and Iran.… Continue

Morrow Batteries (“Morrow”) and ABB have signed two Memorandum of Understanding agreements to strengthen their collaboration to accelerate the transition to renewable energy sources and the electrification of all sectors of society.

ABB is selected as a non-exclusive preferred technology supplier for manufacturing and power supply to Morrow to ensure that the planned gigafactory at Eyde Energy Park, outside Arendal, Norway, becomes one of the most cost-effective and sustainable in the world.… Continue

Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday expressed concern over the continued retreat of the rupee against the dollar, which is resulting in inflation and other problems.… Continue

· Pakistan Bureau of Statistics released its monthly exports and imports numbers for the month of Aug’22. The new PBS data showed country’s imports growing 22%MoM to US$6.1bn while the exports posted an uptick of 10%MoM to clock in at US$2.5bn.… Continue

The Aga Khan University’s Outreach Health Network, Roche Diagnostics, and Sysmex signed an agreement to install a New Fully Automated Laboratory system in the main lab and 14 outreach centers of the Aga Khan University Hospital across Pakistan. Connected with Roche’s cobas IT infinity solutions, these latest, state-of-the-art high throughput automated systems are designed to give laboratories full and transparent control over their operational processes, at single and multi-site operations.… Continue

Chairman Businessmen Group (BMG) Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees have appealed the government to immediately allow imports of raw cotton and food items including vegetables, fruits, grains and other essential products from India through Wagha border as Pakistan faces severe shortages of all these products because of the devastation caused by flashfloods which completely washed away all the agricultural crops.… Continue

Mr. Suleman Chawla, Acting President FPCCI, has apprised that South Korea plans to invest $1 billion in Pakistan’s various industrial sectors and economically significant initiatives over the next 5 years and it will help Pakistan in many ways: (i) Pakistan will receive the much needed capital inflows in dollar terms (ii) the country will be able to adapt to the internationally-acclaimed hi-tech industrial techniques and standards to compete regionally & internationally (iii) Pakistani industrial units will secure numerous joint ventures in textile value-addition, IT, automobiles, healthcare devices and agriculture – to name a few (iv) and last, but not the least, hundreds of thousands of new jobs will be created.… Continue

Pakistan’s real estate sector has come a long way in the past few decades. From a largely unorganized and unregulated industry, it has not only increased in magnitude but has become more resilient to changing economic circumstances.

Today, real estate is one of the most significant investment avenues for the nation.… Continue

Lately, some media reports and representatives of trade organizations have claimed that banks are not opening Letters of Credit (LCs) for essential raw materials including pharmaceuticals. This is contrary to the facts. It is clarified that there is no restriction on the import of raw material for any industry including export-oriented industry.… Continue

President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees, while expressing deep concerns over rising lawlessness and street crimes in every single area of Karachi, strongly slammed the Law Enforcement Agencies (LEAs) who have failed miserably to control the situation and maintain peace in Karachi where citizens were fearlessly being looted and killed upon slight resistance even in broad daylight and at densely crowded places.… Continue

Selecting your next laptop might seem like a daunting task as you have to consider so many things, including your needs and workload. Are you looking for a laptop with a big screen or do you prefer the smaller and lighter ones?… Continue

Chief Minister XI won an exhibition match which was organized to raise funds for flood relief program at Asghar Ali Shah Cricket Stadium on Friday night. The match was part of the Karachi Tapeball Premier League (season 2). Captain of CM XI Shahid Afridi was the chief guest at the opening ceremony.… Continue