Corporations urged to prioritise transparency and accountability for Net Zero Emissions Commitment.

Industrialists, researchers, academia, and civil society activists came together at the “Champions of Change: A Dialogue with the Private Sector” conference in Karachi on Wednesday, urging corporations to prioritise transparency and accountability in their commitment to achieving net-zero emissions. The discussions centred on the severe impacts of emissions on Pakistan’s health, lives, and environment.… Continue

PL Trakker commemorates Pinktober: Awareness Barhao Jaan Bachao

In a heartfelt commemoration of Pinktober, Mr. Rao Salman, CEO of TPL Trakker, along with the executive leadership team, embarked on a thoughtful visit to Baitul Sukoon, a cancer hospital giving free end-to-end treatment to breast cancer patients. Serving as a beacon of hope, the hospital is equipped with state-of-the-art facilities, including mammography, ultrasound, radiology, and a pathology laboratory, among others.… Continue

Younus Dagha for providing gas at cost to industries, ending cross-subsidization

Provincial Minister for Revenue, Industries, and Commerce Muhammad Younus Dagha has said that worldwide gas tariff for industries is subsidized. At the same time, residential consumers are subjected to higher costs, but unfortunately, in Pakistan, the industries are subsidizing all other sectors, which is purely against international best practices. … Continue

Pakistan Petroleum Limited plans to spud nine exploratory and six development wells in FY24.

The management of Pakistan Petroleum Limited held a Corporate Briefing session on 15th Nov’23 to discuss the FY23 financial result and future outlook of the company.


To recall, the company posted a profit after tax of PKR 97,937mn (EPS: PKR 35.99) during FY23 compared to PKR 53,546mn (EPS: PKR 19.68) in FY22, showcasing a surge of 83% YoY amid i) jump in Sui wellhead price by 16% YoY, ii) Pak Rupee depreciation against USD, and iii) 1% growth in gas production.… Continue

National skills passport initiative to recognize migrant workers

National Skills Passport initiative will prove to be a gateway to obtain recognition of Pakistani migrants, their skills and ensure decent employment opportunities for returnees. The National Skills Passport provides a comprehensive catalogue of an individual’s skills, obtained through formal and informal channels, and provides a migrant worker with documentation of gained qualifications, skills, competencies, and experience in a systematic manner.… Continue

Conducive policies are key for sustainable growth of the pharmaceutical industry: PPMA Chief.

Conducive policies, fair pricing mechanisms, and investment in research and development are crucial for the growth of the pharmaceutical sector to meet domestic demand and a sustainable increase in exports to different countries. This was stated by the Chairman of the Pakistan Pharmaceutical Manufacturers Association (PPMA), Mian Khalid Misbah ur Rehman, while inaugurating the 20th Pharma Asia Exhibition and Conference organized by Ecommerce Gateway Pakistan.… Continue

Exports can be increased by paying better attention to the export sector: KATI

In a high-profile meeting at the Islamabad Chamber of Commerce and Industry (ICCI), key figures from the business community converged to address pressing economic concerns and strategize for a robust recovery. President of Korangi Association of Trade and Industry, Faraz-ur-Rehman, stressed the urgency of enhancing exports, citing a 5% decline from July to September compared to the previous year.… Continue

Islamic finance ideally placed to help the country transition towards sustainable finance – Director SBP

The Institute of Business Management’s (IoBM) two-day International Conference on Islamic Banking and Finance (ICBIF) 2023 began today. Focusing on the theme of “Sustainable Development and Islamic Finance: Examining the Role of Islamic Financial Institutions in Promoting Sustainable Economic Growth, Ethical Investments, and Technological Innovations”, the high-profile conference highlighted how Sharia-compliant finance is paving the way for a sustainable economic landscape in the country.… Continue

Bank Alfalah partners with J.P. Morgan to launch inward remittances in Pakistan.

Bank Alfalah and J.P. Morgan Payments have come together to form a strategic engagement to empower individuals to experience real-time transactions like never before under J.P. Morgan’s Xpedite Remit Service, an advanced service that brings real-time transactions to the forefront, where speed, reliability, and customer satisfaction take center stage. … Continue

Complications prompt diagnosis for more than three-quarters of people living with diabetes in Pakistan

More than three-quarters of people living with diabetes (79%) in Pakistan only found out they had diabetes after developing diabetes complications. Additionally, almost all (97%) of those surveyed in the country had experienced one or more diabetes complications, with over a quarter (26%) having experienced heart disease as one of the diabetes complications.… Continue

Jazz Pioneers VoLTE roaming services in partnership with AT&T (USA)

In yet another industry-first move, Jazz, Pakistan’s leading digital operator, has launched Voice over LTE (VoLTE) roaming services in collaboration with AT&T to provide seamless connectivity to customers traveling to the US. This revolutionary initiative also ensures superior voice quality and faster call setup times for Jazz customers while roaming in the United States.… Continue

Pakistan Autos: Following a robust performance in 1QFY24, the automotive industry faced challenges

Following a robust performance in 1QFY24, the automotive industry faced challenges, witnessing a 26% MoM decline in sales, with only 6,180 units sold during the month. YoY, sales plummeted by 54% compared to last year. The sales contraction primarily stems from plant shutdowns as industry players grappled with supply chain issues amid import restrictions.… Continue

Mobilink Bank carries the day at Veon’s Ignite Awards held in Istanbul

Pakistan’s leading digital microfinance bank, Mobilink Bank, outperformed at Veon’s Ignite Awards held in Istanbul by winning in three of the most highly contested categories, including ‘Double-Digit Growth’, ‘Financial Services’, and ‘Diversity and Inclusion’. The Bank’s recognition at the group level and enviable accomplishments across various categories mirror its steadfast commitment to excellence.… Continue

Visa’s ‘Future of Urban Mobility Survey’ unveils commuters’ desire for integrated, seamless travel experience in Pakistan

  • Survey finds 95% of commuters in Pakistan expect transit to offer contactless payment options.
  • Findings reveal a growing acceptance of contactless payments among the public.
  • 57% of survey audience would use fare-capped public transport services more frequently.
  • 59% public transport users prefer to use a digital platform that seamlessly integrates contactless payment with all modes of public transportation.

Sarsabz Kahani unveils another uplifting true story rooted in agriculture.

Sarsabz Kahani, Pakistan’s first-ever agri-focused web-series platform introduced by Fatima Fertilizer, has unveiled another inspiring true story that embodies the values of hope and determination. The platform is on a mission to spotlight exceptional stories of men and women who represent the true spirit of Pakistan’s farming community and exemplify the values of courage and dedication to pursue national prosperity and growth relentlessly.… Continue