Department of Mass Communication organized a seminar on ‘Workplace Harassment and Mental Health’.

The University of Karachi, Department of Mass Communication has conducted a seminar about ‘Workplace Harassment and Mental Health’ under the supervision of the Chairperson, Dr Fauzia Naz. Expert psychiatrists and an anchor graced the audience with their presence. Experts elucidate to the audience on the importance of mental health in addition to physical health.… Continue

Almost all industries closed, gas pressure zero, production at standstill: KCCI

The Karachi Chamber of Commerce & Industry (KCCI) and Industrial Town Associations, while expressing deep concerns over suspension of gas supply to the industries in Karachi, stated that all the industries were almost closed and the pressure was zero, resulting in bringing the production activities to a complete standstill which would give a serious blow to the exports by terribly affecting the performance of export-oriented as well as general industries, besides triggering massive unemployment and creating chaos.… Continue

SBP’s reserves increased by US$ 3 million

The total liquid foreign reserves held by the country stood at US$ 13,796.2 million as of 11-Nov-2022. The break-up of the foreign reserves position is as under:-

  • Foreign reserves held by the State Bank of Pakistan: US$ 7,959.5 million
  • Net foreign reserves held by commercial banks    : US$ 5,836.7 million
  • Total liquid foreign reserves                 : US$ 13,796.2 million

During the week ended on 11-Nov-2022, SBP’s reserves increased by US$ 3 million to US$ 7,959.5 million.… Continue

IDEAS2022 seminar stresses pragmatic tech-oriented research to make Pakistan a global AI hub

The unconstrained potential in AI progress demands Pakistan to keep abreast with the advancements in AI and match its pace through research, an imperative for making Pakistan a global hub of AI, data science, Internet of Things (IoT), and others. In this regard, an essential role is played by universities, which serves as key institutions of research, creativity, collaboration, and combining expertise.… Continue

The United States launches initiative to enhance U.S.-Pakistan bilateral trade

In honor of Global Entrepreneurship Week,  U.S. Ambassador Donald Blome, joined by the Minister of State for Finance and Revenue, Dr. Ayesha Ghaus Pasha, formally launched a United States government-led initiative to enhance U.S.- Pakistan bilateral trade. The United States has long been Pakistan’s largest export market, with potential for further growth. … Continue

Huawei addresses cybersecurity challenges

Huawei took part in the Arab Regional Cybersecurity Week 2022 in Muscat, Oman, from November 6 – 9, where it advocated for sustained collaboration to secure the digital world. Huawei called upon Arab nations under the Organisation of Islamic Cooperation (OIC) to implement the OIC-CERT 5G Security Framework where the Network Equipment Security Assurance Scheme (NESAS) standard, the joint GSMA and 3GPP framework for the security evaluation of mobile network equipment shall be the fundamental security baseline.… Continue

Pakistan’s Ayla Majid elected vice president of ACCA

Joseph was confirmed in his new role at the annual council meeting after ACCA’s Annual General Meeting (AGM) on 10 November 2022. Ronnie Patton, formerly senior lecturer at Ulster University, Northern Ireland, was appointed deputy president and Ayla Majid from Pakistan, founder and CEO of Planetive – a clean energy and sustainability advisory practice – became vice president.… Continue

“Fly Jinnah” launches new recruitment drive for pilots and cabin crew

Fly Jinnah, Pakistan’s new low-cost carrier (LCC), offers new opportunities for experienced pilots and young talents to join the airline as part of its recruitment drive to fulfil the requirement of its operational workforce. New inflight operations positions such as A320 Captain, A320 Senior First Officer – Fast Track Command, Non-Type Rated Captain, and cabin crew are now open.… Continue

PPL expects to spud the first well in the Abu Dhabi block in the mid-next year.

Pakistan Petroleum Limited (PPL) held its analyst briefing earlier today, discussing the following points. Regarding international operations, the block in Abu Dhabi has several known discoveries, and the company expects to spud the first well in the mid-next year.

· To recall, the company posted the highest quarterly PAT PkR26.6bn (EPS: PkR9.8) for 1QFY23, higher by 20.9x compared to the previous quarter.… Continue

APTMA urges the government to save the export-oriented textile industry of Sindh and Baluchistan from total closure

Mr. Zahid Mazhar, Chairman of All Pakistan Textile Mills Association, Southern Zone, has urged the Prime Minister of Pakistan, Mian Shahbaz Shareef and the Chief Minister of Sindh, Syed Murad Ali Shah, for their intervention to save the export-oriented textile industry of Sindh and Baluchistan from total closure due to denial of gas from November 15, 2022, to 28th February 0223.… Continue

foodpanda Pakistan launched a learning sprint for its employees

foodpanda Pakistan recently launched a learning sprint for its employees ‘Inspiration Station’. A 2-week sprint consisted of panel discussions and talks from inspiring industry leaders and functional experts. The conversations ranged from the future of tech start-ups in Pakistan, to inspiring the inner leader in us, to motivating the Instantly Gratified generation, to working with a customer first mindset!… Continue

The benchmark KSE-100 index started the week off poorly

·        The benchmark KSE-100 index started the week off poorly. The market started off in the red and proceeded to trade in the same range reaching an intraday low of 42,761.88 points due to lack of investors’ participation.  Mainboard activity remained flat as the 3rd tier stocks continued to be the volume leaders.… Continue

Standard Chartered donates USD 249,000 for flood relief

Standard Chartered has donated a total of USD 249,000 towards emergency relief and rehabilitation of communities impacted by the recent floods that have caused large-scale devastation all over Pakistan. The selected partners are The Citizens Foundation and Orange Tree Foundation for immediate relief and British Asian Trust for rehabilitation.… Continue