S M Tanveer, Patron-in-Chief of the United Business Group (UBG) and former Punjab Minister, has made a pressing appeal to the government to collaborate with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to attract billions of dollars in investment to Pakistan. Tanveer cited the ongoing political crisis in Bangladesh, which has led…
inDrive, a global mobility and urban services platform, announces an expansion of its global IT capabilities in Pakistan. In the first stage of this development, we are working closely with local talent agencies and engaging Pakistani professionals in Lahore to tackle global inDrive challenges enhancing the expertise of the inDrive Tech Team. This move reinforces…
The American Business Council (ABC) of Pakistan held the 2nd Annual Environmental, Social, and Governance (ESG) Awards ceremony in Islamabad. These awards commemorate businesses that have made contributions in sustainability and social impact. The winners include PepsiCo (Environment – Response to Climate Change), Coca-Cola Pakistan (Environment – Nature Savior), KFC (Social – No Poverty, No…
The Rice Exporters Association of Pakistan (REAP), in association with The Trade Development Authority of Pakistan (TDAP), proudly announces a landmark celebration commemorating a USD 4 billion export achievement milestone. The event titled “FOUR – The Quadra Legacy” was held at the historic Mohatta Palace, marking the first time a sustainability-focused event of this magnitude…
AIKO, a global leader in photovoltaic technology, is expanding into Pakistan with the introduction of its top-efficiency N-Type ABC Modules. This move highlights AIKO’s dedication to providing cutting-edge, sustainable energy solutions to growing markets. The launch event, held at a local hotel in Lahore on Friday 09th August and honoured by the presence of Ch….
Khushhali Microfinance Bank Limited (KMBL), Pakistan’s first specialized microfinance bank, recently partnered with oladoc, a leading digital healthcare platform, to promote healthcare services for their customers. The partnership will empower users to connect with a vast network of over 25,000 doctors, medical specialist through the oladoc app, website and tele-helpline. The collaboration will facilitate KMBL…
The primary goal for DTI (Descon Technical Institute) is to provide top-quality technical skills’ training free of cost to underprivileged youth seeking employment in technical trades. DTI offers a variety of scholarships and a promise of facilitating employment. Leveraging donor support, DTI is committed to providing equitable access to training and employment opportunities for students…
Defence Housing Authority (DHA) Quetta and Rohtas Communications signed an agreement to set up Balochistan Baithak, a community space for the promotion of the history, culture, literature, art and crafts of the beautiful province of Balochistan. Mr Muzammil Saeed, Director Business Development and Joint Ventures, DHA Quetta, and Haroon Shuaib, CEO and Managing Director, Rohtas…
Fakt Exhibitions, Pakistan’s leading exhibitions organizing company, on Friday, opened SOLAR PAKISTAN – Country’s biggest and only dedicated solar energy exhibition at The Arena DHA, Multan. The mega event will continue from 26th to 28th July 2024 to transform the landscape of Solar energy in Pakistan. On the opening day of SOLAR PAKISTAN, Mr. Fuad…
The issue of Independent Power Producers (IPPs) in Pakistan is longstanding, with power plants operating since 1994. The primary challenge for Pakistan stems from the coal power plants installed under the 2015 policy as they were based on Imported fuel. The plants established under the 1994 policy are nearly decommissioned, and those set up in…
Zindigi continues to redefine financial convenience with its latest Advance Salary+ feature. Through this loan offering Zindigi will offer 3,6,9 & 12-month loans which enhance financing options for salaried individuals at the most competitive rates. Building on its AI-driven technologies, Zindigi now offers a hassle-free solution designed to meet the immediate financial needs without any…
The Aga Khan University Hospital (AKUH) has received the Chest Pain – MI Registry Platinum Performance Achievement Award for 2024. This is an award by the American College of Cardiology’s (ACC) National Cardiovascular Data Registry (NCDR). It places the Aga Khan University Hospital, Karachi among the world’s top hospitals for offering high-quality cardiac care to…
Zafar Masud, Chairman of the Oil and Gas Development Company (OGDCL) Board, commended the outstanding performance of Ahmed Hayat Lak, MD/CEO of OGDCL. In an interview with a private news TV channel, Chairman OGDCL Zafar Masud highlighted significant improvements in OGDCL’s operations since Ahmed Hayat Lak assumed leadership, attributing these gains to a strategy focused…
Kaacib a blue collar workforce company registered under the banner of SAF facilities management has acquired hundred percent stakes of Hukum Janab, making this five years old start up a part of Kaacib. The merger was announced in a ceremony held in Karachi today. Bashir Ahmed Farooqui the chairman of Saylani Welfare International Trust graced…
Black Box Sounds, an art and culture lab and communication for change organization, signed a Memorandum of Understanding (MOU) with Alliance Française. The ceremony was attended by esteemed delegates from the EU, including Piotr Buszta, First Counsellor and Head of Political, Trade, and Communication Section of the Delegation of the European Union to Pakistan. Also…
Eco-Green Motors Limited under Yousuf Dewan Companies introduces the Honri Ve 3.0, a stylish electric hatchback designed for the masses. Priced at 4,999,000 PKR, this vehicle is perfect for those looking to save on fuel costs while commuting daily, going to offices, taking family outings, managing daily chores, or enjoying city tours with friends and…
SLB (NYSE: SLB) is collaborating with Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest oil and gas exploration and production company, to develop a strategy for exploiting geothermal resources in hydrocarbon fields across Pakistan. As part of the collaboration, SLB will help OGDCL develop a plan for evaluation of the geothermal potential of 25…
The government has disallowed 25% Sales Promotion, Advertising and Publicity (SAP) expense creating a significant marketing cost especially to multinationals that rely on advertising to sell fast moving consumer goods (FMCG). This means a higher tax liability for foreign companies, already struggling with current macroeconomic conditions. It also means an anti-competitive and discriminatory landscape targeting…
n World Food Safety Day Cheezious announced the launch of “Special Kitchen Tour Series.” This initiative is designed to provide an exclusive, behind-the-scenes look at our kitchen facilities, showcase the stringent Standard Operating Procedures (SOPs) we follow, and highlight the extensive measures we take to maintain and elevate food safety standards. As part of this,…
A recent study by the Lahore University of Management Sciences (LUMS), titled ‘Impact of Taxation on the Cigarette Sector in Pakistan’, has uncovered a pressing issue that demands immediate attention-the impact of tax policies, particularly Federal Excise Duty (FED) adjustments, on Pakistan’s cigarette industry which is causing more loss to government in revenues loss than…
Pakistan Tobacco Company Limited (PTC) announced the launch of its ‘Made in Pakistan 3.0’ initiative, marking a significant milestone in the company’s journey of innovation and economic contribution. The initiative will see the export of PTC’s modern oral tobacco-free nicotine pouches, Velo, to Japan, expanding Pakistan’s footprint in the global market and bringing in potential…
Current excise duty structure on tobacco products had pushed the consumers to down-trade from legally compliant cigarette brands to illegal tax-evaded brands easily available all across Pakistan, because of which the national exchequer was expected to face a revenue loss of around PKR310b annually with illicit cigarette brands having more than 60% of the total…
For generations, the rishta culture in Pakistan has dictated how love and marriage are pursued, often leading to stress, superficial judgments, and unmet emotional needs. The traditional rishta culture in Pakistan, while cherished by many, can sometimes feel restrictive. Family involvement is key, which is wonderful for honouring tradition and our religious values. But it…
BAT, one of the world’s largest multi-category consumer goods companies, has officially launched its Global Business Solutions (GBS) hub in Lahore. The grand event ‘Digital Destination Pakistan’ included a ribbon-cutting, a tour of the hub, and presentations by senior leaders of the GBS Pakistan hub where they reiterated Pakistan’s potential as a tech hub. BAT…
With 800 households, Megwarh is a small village near Umerkot Sindh, birth place of the great Mughal Emperor Akbar. Coca-Cola has set up a filtration plant in the village with a maximum capacity of disbursing 1000 liters per hour. The solar-powered pump uses ultrafiltration system to clean water which women of this community earlier fetched…
Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, inaugurated Arabian Travel Market (ATM) 2024, the leading global travel and tourism event being held at the Dubai World Trade Centre (DWTC) from 6-9 May, The record-breaking edition…
Zong 4G, Pakistan’s top telecom operator, has joined hands with D3 Communications to eliminate the digital divide in Pakistan and empower the public through high-speed internet connectivity. D3 Communications stands at the forefront of the industry as a premier supplier of IT infrastructure and network deployment services, specializing in comprehensive support and implementation of voice,…
Shan Foods, one of Pakistan’s longstanding food companies, has unveiled its brand new corporate identity under the name of Shan Shares. The culinary giant, which dominates the South Asian cuisine landscape in more than 70 countries worldwide, has been famous for its ‘Taste Happiness’ tagline since its inception from a single-room operation in 1981. The…
WWF-Pakistan organized a World Water Day seminar and a field visit to the University of Engineering and Technology (UET), Lahore where two groundwater recharge wells have been constructed as part of the Ravi River Restoration Project. The event brought together industry experts, academia, and members from the Ministry of Water Resources to witness the ongoing…
TrustDecision is forging a pivotal partnership with Rapid, Pakistan’s leading in-country cloud service provider, to deliver its cutting-edge fraud, credit risk, and compliance solutions. This collaboration will empower commercial banks, Electronic Money Institutions (EMIs), Digital Retail Banks (DRBs), and e-commerce platforms to harness TrustDecision’s comprehensive services within Pakistan, fostering enhanced security and operational efficiency. Leveraging…