Ufone 4G, and ConnectHear join hands to enable easy access for the Deaf Community in Pakistan

Pakistani cellular company, Ufone 4G and ConnectHear, a social enterprise aiming to enable and empower persons with disabilities, have collaborated to improve accessibility for the deaf community to enhance their socioeconomic integration. Amir Pasha, Group Director PR, Media, CSR and Corporate Communication, PTCL & Ufone 4G, and Arhum Ishtiaq, Co-founder/CTO ConnectHear signed the agreement here in Islamabad.  … Continue

French delegation visited NIMA Head Office.

A four-member French delegation led by Col Philippe Deponcelle, visited NIMA Head Office Islamabad on 17 March 2023. The delegation comprised Col Nicolas Dean of COSA, DA France in Islamabad, Col Jérôme Mancel (incoming DA France) and Mr. Guillaume Gandelin, desk officer French MoD.… Continue

Corporates and financial houses focus on agriculture: PAC agri conference resolutions

Agriculture is now center stage as the sector that can help salvage the economy by wiping out Pakistan’s trade deficit, said former Governor State Bank Syed Salim Raza. Leading corporates, business houses, and financial institutions congregated at Pakistan Agricultural Coalition’s inaugural Agri-Connections 2023 conference and exhibition which was attended by over 275 leaders of industry, finance, government, donors, academia/international experts, global investors and the farming community.… Continue

PNSC to get very low sulphur fuel oil for its vessels

In pursuance to explore avenues for a reduction in operational costs of the corporation, a Memorandum of Understanding (MOU) was signed between Pakistan National Shipping Corporation and ENAR Petroleum Refining Facility on March 16, 2023.

ENAR Petroleum and Refining Facility will provide Very Low Sulphur Fuel Oil (VLSFO) for PNSC vessels.… Continue

KE safety week reaffirms employee commitment to Karachi

KE recently concluded its annual Safety Week for 2023, a company-wide exercise focused on creating awareness regarding the importance of safety at the workplace and homes. This year’s theme of “Hifazat Muqaddam apnay liye aur Apno ke liye” reiterated the company’s commitment towards ensuring the best safety practices in their behavior and operations in the interest of its customers.… Continue

Mastercard to partner with Digitt+ to promote financial inclusion

Aktkar Fuiou Technologies (AFT) has signed an agreement with Mastercard marking its commitment to participate in the Mastercard Community Pass Program.  Digitt+, Pakistan’s first regulated agri-fintech company, powered by AFT, intends to connect untapped agricultural markets with digital payment solutions and become the first entity to launch Mastercard Commerce Pass in Pakistan.… Continue

7th PARCO T20 Cup: OGDCL emerging as champions of the tournament

The 7th edition of Pak-Arab Refinery Ltd. (PARCO) T20 Cricket Tournament reached its conclusion with an exciting final between Oil and Gas Development Company Ltd. (OGDCL), and Pakistan State Oil Ltd. (PSO) at Moin Khan Academy, Karachi. The much-anticipated match saw a thrilling display of cricketing talent and sportsmanship from both sides, as they battled it out to claim the coveted trophy.… Continue

No society can develop without the participation of women, Faraz-ur-Rehman.

Pakistan Business Group (PBG) Patron-in-Chief Faraz-ur-Rehman has said that no society can develop without the participation of women. Half of the total population of Pakistan consists of women. Economic crisis can be countered if women’s full potential is utilised. He expressed these views while addressing the ceremony organized on the occasion of International Women’s Day.… Continue

IoBM student Asad Ali Memon sets his sights on Mount Everest.

Asad Ali Memon, a student at the Institute of Business Management (IoBM) in Karachi, has made waves in the climbing world by becoming the youngest Pakistani to summit several of the world’s highest peaks. With the support of IoBM and other corporate organisations, Asad is now setting his sights on the ultimate prize: Mount Everest.… Continue

ABHI to provide AbhiSalary (Earned Wage Access) for Naveena Group for its 5000 Employees

ABHI, an embedded fintech company, has signed an agreement with Naveena Group and its subsidiaries to provide AbhiSalary, an Earned Wage Access facility, to their 5,000 employees. AbhiSalary will financially empower the group’s workforce by enabling them to access their earned salaries before their payday and be free to spend, save and invest with their salaries.… Continue

SBP’s reserves increased by US$ 18 million to US$ 4.319 billion

The total liquid foreign reserves held by the country stood at US$ 9,846.8 million as of 10-Mar-2023. The break-up of the foreign reserves position is as under:

  1. Foreign reserves held by the State Bank of Pakistan: US$ 4,319.1 million
  2. Net foreign reserves held by commercial banks    : US$ 5,527.7 million
  3. Total liquid foreign reserves                 : US$ 9,846.8 million

During the week ended on 10-Mar-2023, SBP’s reserves increased by US$ 18 million to US$ 4,319.1 million.… Continue

PNSC signs MoU to carry edible oil from Far-East to Pakistan

Today, Pakistan National Shipping Corporation (PNSC) signed a Memorandum of Understanding (MoU) with the M/S IMGC and Waheed Group of Industries consortium to transport edible oil from the Far East to Pakistan.

Every year Pakistan imports edible oil for more than 3 billion USD, of which a substantial portion is paid on account of freight charges in USD.… Continue

Pakistan can import cheap food items from India.

Pakistani elites consider trade with India as a death knell for their interests. Still, importing cheap food items from India will reduce inflation in Pakistan and provide relief to the people, but this is not acceptable to the establishment. People could buy onions and tomatoes at Rs250 per kg, but importing these items from India at Rs40 per kg cannot be allowed because it will hit the interests of our hoarders and profiteers.… Continue

Alibaba.com highlights the value of export e-commerce at the Textile Asia

Alibaba.com, a leading platform for global business-to-business (B2B) trade, has concluded its participation as Gold Sponsor in the 24th edition of South Asia’s leading textile trade show, Textile Asia International Trade Fair. Held at the Karachi Expo Centre from 10-12 March, the event brought together textile industry experts and businesses from around the world in Pakistan to explore the latest trends, challenges and opportunities in the textile sector.… Continue

The 6th Advisory Board of NIMA held in Islamabad


A meeting of the 6th Advisory Board of the National Institute of Maritime Affairs (NIMA) was held at NIMA Head Office, Islamabad. Admiral Asif Sandila NI(M), former Chief of the Naval Staff, Chairman BoA chaired the meeting while the Board members and special invitees / maritime experts were in attendance, in person and online.… Continue