Magazine Features

The 16th Aalmi Urdu Conference by the Arts Council of Pakistan Karachi begins from November 30 to December 3.

The 16th Aalmi Urdu Conference by the Arts Council of Pakistan Karachi will be held from November 30 to December 3 at the Arts Council of Pakistan Karachi. These dates were announced by the President of the Arts Council of Pakistan Karachi, Muhammad Ahmad Shah, in a press conference held regarding the 16 Almi Urdu Conference.… Continue

Zong 4G Announces new features on My Zong App (MZA)

Zong 4G, Pakistan’s leading telecommunications company, has launched a suite of new features on its My Zong App (MZA), further enriching the user experience and providing unparalleled convenience to its customers.

MZA Sprint has added 13 new Digital Value Added Services (VAS) to cater to diverse user preferences.… Continue

U.S. Ambassador and FAO mark the successful completion of a sustainable farming project

U.S. Ambassador Donald A. Blome participated in a closing event of a five-year, $1.3 million U.S. Embassy-funded sustainable farming program today. The Alternative Livelihoods Options Project, which the FAO implemented with the assistance of the KP government, has helped 3,700 farmers, including over 600 women, increase their incomes by teaching them improved agricultural practices and increasing their access to new, alternative crops.… Continue

KATI mourns 1st anniversary of esteemed business leader, Patron-in-Chief SM Muneer,

The Korangi Association of Trade and Industry (KATI) observed the first death anniversary of its former Patron-in-Chief and esteemed business community leader, SM Muneer, in a solemn ceremony attended by KATI President Faraz-ur-Rehman, Deputy Patron-in-Chief Zubair Chhaya, Senior Vice President Nighat Awan, Vice President Muslim Mohammadi, and other members of the Executive Council.… Continue

Atlas Honda celebrates 60 Years in Pakistan

Atlas Honda, the leading motorcycle manufacturer in the country, celebrated its 60th year of operations in Pakistan. The joint venture between Atlas Group and Honda Motor Company has been at the forefront of motorcycle and auto parts manufacturing since 1963. 

A ceremony was held at Atlas Honda’s Sheikhupura Factory to commemorate the milestone.… Continue

To augment international business, TELE set up an offshore company, Phoenix Global FZE, in the UAE.

TELE held its analyst briefing session today to discuss its FY23 performance. A brief from the session is provided below:

To benefit from the immense growth potential in the MENA region, especially the Middle East, the company set up a wholly owned offshore company, Phoenix Global FZE, in the UAE to gain more international business.… Continue

Govt pledge to increase IT exports to $10 billion was lauded.

Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that the government will increase the productivity of the IT sector and boost exports to ten billion dollars in few years which is laudable.… Continue

IIA disapproves a drastic hike in property tax

On Monday, Islamabad Industrial Association (IIA) said that it rejects the cruel increase in property tax as it will damage the industrial sector. The move will increase the problems of the industrial sector, which is already stuck in many difficulties. While addressing a hurried association meeting, acting President IIA Karim Aziz Malik said that the industrial sector is already suffering from multiple problems.… Continue

$44.6 Million USAID-Funded Municipal Services Program in Khyber Pakhtunkhwa completed.

Today U.S. Ambassador to Pakistan Donald A. Blome visited the Water and Sanitation Services Peshawar (WSSP) office in Hayatabad, Peshawar, to celebrate the successful completion of the USAID-funded Municipal Services Program in Khyber Pakhtunkhwa (KP), a 12-year, $44.6 million effort. Thanks to the project, today hundreds of thousands of residents of KP have better more reliable access to safe, clean, drinking water, waste management, and improved sanitation. … Continue

realme surpasses 200 million global shipments!

realme, the world’s fastest-growing smartphone brand, has officially announced that its global smartphone shipments have surpassed 200 million units. Since reaching the 100 million sales milestone in 2021, realme has continued to leap forward while growing against all odds, becoming the fifth-fastest brand to achieve the 200 million shipment milestone and officially joining the elite ‘200 Million Club’ in the international arena.… Continue

Technological solutions and customer awareness can reduce financial crimes.

Technological solutions and customer awareness are two crucial aspects of combating the rising incidents of financial crimes across the country, said Federal Banking Ombudsman Sirajuddin Aziz. Speaking as a guest of honour at the conference” Financial Crimes in the Digital Age” organized by Eastnets and managed by Dellsons Associates recently, he said the banks should continue to upgrade their systems towards strengthening the data security of their customers, besides bringing reforms to plug the loopholes in the practices and mechanisms that made the data of customers accessible to white collar criminals.… Continue

UBG and BMP-Progressives look confident of winning the FPCCI Election.

Khurram Ijaz, the Coordinator of the Businessmen Panel Progressive, has stated that the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) election activities for the 2024-25 term are currently at their peak. He emphasized the principle of relinquishing power to engage in disagreements, highlighting that the willingness to sacrifice power is unprecedented in the history of FPCCI.… Continue

Lotte Chemical Pakistan faces challenges.

IMS Research penned a review on Lotte Chemical Pakistan Ltd. The experts believe that subdued PTA demand & low PTA-PX spread to hit profits.

Due to lower export volumes, local PTA demand will likely remain subdued in the near term. However, inflation easing off in export markets in the medium term should improve the demand outlook for PTA.… Continue