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StormFiber and Karachi United Football Club team up

  • Post author:Siddiqi
  • Post published:July 24, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

Pakistan's leading Fiber to the Home (FTTH) broadband service provider, StormFiber, has joined hands with the Karachi United football club to induct their coaches and players to assist StormFiber in…

Continue ReadingStormFiber and Karachi United Football Club team up

StormFiber and Karachi United Football Club team up

  • Post author:Siddiqi
  • Post published:July 24, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

Pakistan's leading Fiber to the Home (FTTH) broadband service provider, StormFiber, has joined hands with the Karachi United football club to induct their coaches and players to assist StormFiber in…

Continue ReadingStormFiber and Karachi United Football Club team up

Pakistan Fertilizer – Higher offtake to lift earnings

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

We expect combined earnings of IMS Fertilizer cluster to increase by 11% qoq to PKR9.2bn in 2QCY20. The increase in profitability is mainly led by (i) higher Urea offtake, amid…

Continue ReadingPakistan Fertilizer – Higher offtake to lift earnings

Interloop Limited – Pakistan’s 6th largest exporting firm

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

BMA Capital Management hosted a webinar on the Textile Sector today where Mr. Maqsood Muhammad (Group CFO of Interloop Limited) was invited to discuss the changing dynamics of the textile…

Continue ReadingInterloop Limited – Pakistan’s 6th largest exporting firm

Unauthorized tampering of electrical infrastructure causes electrocution

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:1 mins read

A man received multiple electrical shock and burn injuries when he broke into an electricity substation in Gadap and tampered with power equipment. Muhammad Ghulam, a day laborer tried to…

Continue ReadingUnauthorized tampering of electrical infrastructure causes electrocution

SBP reserves increased by US$ 67 million to US$ 12,121.6 million

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:1 mins read

The total liquid foreign reserves held by the country stood at US$ 19,047.3 million on 17-July-2020.The break-up of the foreign reserves position is as under:- Foreign reserves held by the…

Continue ReadingSBP reserves increased by US$ 67 million to US$ 12,121.6 million

SBP conducts a review of complaints against Banks/DFIs/MFBs from 2016 to 2019

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

State Bank of Pakistan (SBP) has conducted a four year (2016-2019) review of complaints against Banks/MFBs/DFIs. The objective of the review was to gain insights on effectiveness of complaint management…

Continue ReadingSBP conducts a review of complaints against Banks/DFIs/MFBs from 2016 to 2019

HEC recognizes Ilma’s Journal of Media & Communication (JMC) in Y category

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:1 mins read

Ilma University accomplished yet another milestone by the acceptance of its Journal of Media & Communication in the Y category by HEC. This is a testimony of the high-quality standards…

Continue ReadingHEC recognizes Ilma’s Journal of Media & Communication (JMC) in Y category

PSX sheds 226 pts today

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

·        Market had an exciting session, which resulted in quite some fluctuation between positive and negative throughout the day and closed the session -226pts. Selling pressure was mainly observed in Cement,…

Continue ReadingPSX sheds 226 pts today

Shan Foods collaborates with Careem, Bykea & Foodpanda

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

One of the leaders in the spice industry, Shan Foods has collaborated with leading e-commerce platforms, Careem, Bykea and Foodpanda, to improve ease of access for consumers. With the constantly…

Continue ReadingShan Foods collaborates with Careem, Bykea & Foodpanda

Pakistan to exports jute products

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

Advisor to the Prime Minister on Trade Abdul Razzaq Dawood has said that the Pakistan has started export of jute products to several countries including Middle East, government is giving…

Continue ReadingPakistan to exports jute products

JazzCash and Ignite partner to facilitate DigiSkills.pk Freelancers

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

JazzCash, Pakistan's leading digital payments platform, has partnered with Ignite to facilitate the Ministry of Information Technology & Telecom's (MoITT) national level training program, DigiSkills.pk. Ignite CEO Syed Junaid Imam…

Continue ReadingJazzCash and Ignite partner to facilitate DigiSkills.pk Freelancers

Dawlance donates more appliances to Indus Hospital to fight against COVID

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

In light of number of cases during the Covid-19 pandemic, the province of Sindh is witnessing a shortage of high dependency medically equipped units. Continuing with its initiative to provide…

Continue ReadingDawlance donates more appliances to Indus Hospital to fight against COVID

Chairman Pak Sarzameen Party addresses business community

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:1 mins read

Chairman Pak Sarzameen Party Syed Mustufa Kamal is addressing the business community at a Rashid Ahmed Siddiqui House, President Karachi Business Forum of Think Tank.

Continue ReadingChairman Pak Sarzameen Party addresses business community

IHIG Pakistan expands its portfolio to build shopping malls

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

International Hospitality Investment Group (IHIG) Pakistan, a subsidiary of IHIG UK, announces expansion of its portfolio to build shopping malls, with the fractional ownership system. The first project under its…

Continue ReadingIHIG Pakistan expands its portfolio to build shopping malls

State Bank recognizes JS Bank for remittance growth

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

Committed to national prosperity, JS Bank has been recognized by the State Bank of Pakistan (SBP) for its leading role in driving home remittance. One of the largest foreign exchange…

Continue ReadingState Bank recognizes JS Bank for remittance growth

PBIF calls to control rising exchange rate: Mian Zahid Hussain

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI's Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Wednesday said collapsing exchange rate…

Continue ReadingPBIF calls to control rising exchange rate: Mian Zahid Hussain

Emirates SkyCargo keeps the world connected with over 10,000 flights in 3 months

  • Post author:Siddiqi
  • Post published:July 23, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

Between April and June 2020, Emirates SkyCargo has facilitated the movement of essential commodities and other supplies for individual consumers and businesses across the world by operating more than 10,000…

Continue ReadingEmirates SkyCargo keeps the world connected with over 10,000 flights in 3 months

SBP enhances scope of its Renewable Energy Refinance Scheme to encourage production of clean energy

  • Post author:Siddiqi
  • Post published:July 22, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

State Bank of Pakistan (SBP) has enhanced the scope of its Refinance Scheme for Renewable Energy by allowing financing under category III of the scheme to solar and wind based…

Continue ReadingSBP enhances scope of its Renewable Energy Refinance Scheme to encourage production of clean energy

Sui Northern Gas Pipelines declares final dividend for 2019

  • Post author:Siddiqi
  • Post published:July 22, 2020
  • Post category:Uncategorized
  • Reading time:16 mins read

Sui Northern Gas Pipelines Limited (SNGP) announced its FY19 financial result today, posting a profit after tax (PAT) of PKR 7,076mn (EPS: PKR 11.16) compared to PKR 11,121mn (EPS: PKR…

Continue ReadingSui Northern Gas Pipelines declares final dividend for 2019

TPL Trakker will Power foodpanda’s Mapping for Delivery Services in Pakistan

  • Post author:Siddiqi
  • Post published:July 22, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

foodpanda Pakistan, Pakistan's leading delivery platform, has partnered with TPL Maps, Pakistan's only licensed digital mapping company and the mapping arm of TPL Trakker, to power its food and grocery…

Continue ReadingTPL Trakker will Power foodpanda’s Mapping for Delivery Services in Pakistan

Telenor Pakistan’s Open Mind Pakistan Programme

  • Post author:Siddiqi
  • Post published:July 21, 2020
  • Post category:Uncategorized
  • Reading time:3 mins read

As an equal opportunity employer promoting an accessible environment and inclusive approach, Telenor Pakistan virtually welcomes the seventh batch of its Open Mind Pakistan programme, reiterating its commitment towards reducing…

Continue ReadingTelenor Pakistan’s Open Mind Pakistan Programme

KATI urges government to take measure to secure employment of event management sector

  • Post author:Siddiqi
  • Post published:July 21, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

President of Korangi Association Trade & Industry (KATI) Sheikh Umer Rehan has urged the government to allow social events to secure the livelihood of millions related to the catering and…

Continue ReadingKATI urges government to take measure to secure employment of event management sector

PSZ takes impending correction today

  • Post author:Siddiqi
  • Post published:July 21, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

Market traded in a range today between -282pts and +288pts and closing the session +50pts. Amidst expectations of an impending correction, Index is circumnavigating current levels with a tilt towards…

Continue ReadingPSZ takes impending correction today

Easypaisa becomes proud partner of Pakistan Cricket Board

  • Post author:Siddiqi
  • Post published:July 21, 2020
  • Post category:Uncategorized
  • Reading time:2 mins read

Easypaisa, Pakistan's leading provider of digital financial services is proud to become the associate partner of the Pakistan Cricket Board for Pakistan men's national cricket team's tour of England. The…

Continue ReadingEasypaisa becomes proud partner of Pakistan Cricket Board
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