Impact of Federal Excise Duty Adjustments on Pakistan's Cigarette Industry: LUMS Study Reveals Critical Findings
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Impact of Federal Excise Duty Adjustments on Pakistan’s Cigarette Industry: LUMS Study Reveals Critical Findings

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…

PTC Launches ‘Made in Pakistan 3.0’ Initiative of Exports to Japan
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PTC Launches ‘Made in Pakistan 3.0’ Initiative of Exports to Japan

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…

Pakistan Faces Significant Revenue Loss Due to Illegal Cigarette Sales, NUST Report Reveals
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Pakistan Faces Significant Revenue Loss Due to Illegal Cigarette Sales, NUST Report Reveals

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…

Muzz App Redefines Matchmaking with Empowering ‘MeriBhiSunLo Campaign’
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Muzz App Redefines Matchmaking with Empowering ‘MeriBhiSunLo Campaign’

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 GBS Hub Opens in Lahore with $5 Million Investment, Empowering Pakistan’s IT Talent
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BAT GBS Hub Opens in Lahore with $5 Million Investment, Empowering Pakistan’s IT Talent

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…

Coca-Cola’s Solar-Powered Water Filtration Plant in Megwarh Village near Umerkot Sindh benefits 800 households

Coca-Cola’s Solar-Powered Water Filtration Plant in Megwarh Village near Umerkot Sindh benefits 800 households

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…

Ahmed bin Saeed opens Arabian Travel Market 2024

Ahmed bin Saeed opens Arabian Travel Market 2024

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 Joins Hands with D3 Communications to Ensure Seamless and High-Speed Internet Connectivity
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Zong 4G Joins Hands with D3 Communications to Ensure Seamless and High-Speed Internet Connectivity

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 unveils new corporate identity amid growing global presence

Shan Foods unveils new corporate identity amid growing global presence

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's World Water Day Seminar Highlights Vital Role of Groundwater Recharge Wells

WWF-Pakistan’s World Water Day Seminar Highlights Vital Role of Groundwater Recharge Wells

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…

Transform Pakistan's Finance with Trust Decision's Rapid Cloud Security Solutions

Transform Pakistan’s Finance with Trust Decision’s Rapid Cloud Security Solutions

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…

AKU Launches 3.3 MW Solar Photovoltaic Installation

AKU Launches 3.3 MW Solar Photovoltaic Installation

As part of AKDN’s commitment to net zero by 2030, the Aga Khan University (AKU) is installing its largest solar photovoltaic (PV) project to date. To commence the project, a signing ceremony was held with Exide Pakistan Limited, who will be executing the project at AKU’s Stadium Road Campus in Karachi, Pakistan. Renewable energy is…

foodpanda distribute safety kits among delivery riders

foodpanda distribute safety kits among delivery riders

foodpanda, Pakistan’s leading delivery platform, remains steadfast in its commitment to prioritize the health and safety of its riders. Teaming up with prominent healthcare entities, foodpanda has distributed safety kits to its dedicated delivery riders in Punjab. This collaborative effort involves partnerships with reputable companies such as Herbion Pvt Ltd, Martin Dow Market Ltd, Bright…

Rizq and Coca Cola longstanding partnership to distribute 8 million meals this year

Rizq and Coca Cola longstanding partnership to distribute 8 million meals this year

Coca-Cola Pakistan with Rizq, a local non-profit organization will continue their shared vision of a hunger-free Pakistan for the fourth consecutive year. Starting from this Ramadan, the partnership aims to distribute over 8 million meals across 9 cities benefitting more than 150,000 people throughout the year. Additionally, through GroRizq- Kissan Dost Program, they are providing seeds to farmers to grow crops. In the previous years, together, the partnership distributed over 6 million meals to those in need, nationwide and helped over 1000 small farmer families and rehabilitated over 500 acres of land that were grappling with the effects of devastating 2022 floods.

AKU Celebrates International Day for Education with Launch of Innovative Academic Programme
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AKU Celebrates International Day for Education with Launch of Innovative Academic Programme

The Aga Khan University Institute for Educational Development (AKU-IED) launched its newest academic offering – a 1.5 year Bachelor of Education (BEd) programme while commemorating UNESCO’s sixth International Day of Education 2024. The theme for this year’s International Day of Education is to promote inclusive and quality education for all. Faced with the daunting tasks…

Al Jalil Developers Partners with AdPluto for Revolutionary Digital Ad Buying Experience
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Al Jalil Developers Partners with AdPluto for Revolutionary Digital Ad Buying Experience

Al Jalil Developers, a pioneering name in Pakistan’s real estate sector, has announced a landmark partnership with AdPluto, a leading-edge, self-serve media buying platform. This collaboration was commemorated in a MoU signing ceremony held in Lahore, graced by the presence of members from both sides. This strategic alliance marks Al Jalil Developers as the first…

Khushhali Microfinance Bank Limited Celebrates Highest Recovery Mark and Deposit Base for Fiscal Year 2023

Khushhali Microfinance Bank Limited Celebrates Highest Recovery Mark and Deposit Base for Fiscal Year 2023

Khushhali Microfinance Bank Limited (KMBL), the first-specialized microfinance bank in Pakistan, commemorated its achievement for the fiscal year 2023 (FY 2023). The newly established recovery unit of the microfinance bank has set new benchmarks, achieving a milestone of over PKR 01 Billion in recoveries from the charge-off portfolio through its newly established recovery unit and…

AdPluto: Pakistan’s First Fully Self-Serve Media Buying Platform Launched
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AdPluto: Pakistan’s First Fully Self-Serve Media Buying Platform Launched

A momentous achievement in Pakistan’s media industry unfolds as a cutting-edge, fully self-serve media buying platform is unveiled, setting new benchmarks for efficiency and transparency in digital advertising. This groundbreaking development marks a pivotal moment for advertisers, media agencies, and businesses nationwide. Crafted by a consortium of industry leaders, AdPluto is a fully automated platform that pledges…

FrieslandCampina Appoints Ali Ahmed Khan as MEPA President; Joins Global Executive Board

FrieslandCampina Appoints Ali Ahmed Khan as MEPA President; Joins Global Executive Board

Ali Ahmed Khan Appointed as President Middle East, Pakistan, and Africa (MEPA), Joins Executive Board of FrieslandCampina GlobalJanuary 9th, 2024: FrieslandCampina Engro Pakistan announces the promotion of Ali Ahmed Khan to the position of President of the Middle East, Pakistan, and Africa (MEPA) region at FrieslandCampina. Ali’s exceptional leadership and visionary approach have been pivotal…

Descon Oxychem Ltd. Achieves "Zero Discharge of Hazardous Chemicals" (ZDHC) Certification

Descon Oxychem Ltd. Achieves “Zero Discharge of Hazardous Chemicals” (ZDHC) Certification

Descon Oxychem Ltd. proudly announces its recent accomplishment of securing the “Zero Discharge of Hazardous Chemicals” (ZDHC) certification. This international recognition underscores Descon Oxychem’s commitment to environmental standards and signifies a significant milestone in the company’s ongoing efforts to promote sustainability and responsible business practices. The ZDHC certification is a testament to Descon Oxychem Ltd.’s…

Cheezious and Ideas Foundation Unite to Spread "Cheezy Khushiyan" for "Smile for a While 2024" campaign at SOS Village

Cheezious and Ideas Foundation Unite to Spread “Cheezy Khushiyan” for “Smile for a While 2024” campaign at SOS Village

In a Heartwarming Collaboration, Cheezious and Ideas Foundation Join Forces to Bring Joy and Laughter to SOS Village Children with the “Smile for a While 2024” Campaign. The event aims to raise funds for the children of SOS village. Ideas Foundation has long been at the forefront of advocating for the well-being of children and…

Cheezious, a leading name in the [industry], proudly announces a heartwarming celebration that took place to honor the dedication and hard work of its housekeeping staff. This shows Cheezious' commitment to recognizing and appreciating the contributions of every team member. The occasion was marked by an interactive session between the housekeeping staff and the top management of Cheezious. This session provided a unique platform for open dialogue, fostering a deeper understanding and connection between the staff and management. Zohaib Hassan, Head of Marketing at Cheezious, shared his perspective on the celebration, stating, "At Cheezious, we consider every team member as an integral part of our family. Our housekeeping staff plays a crucial role in maintaining the high standards that define the Cheezious experience. Celebrating their hard work is not just a gesture of appreciation but a reaffirmation of our commitment to a positive and inclusive workplace." To express gratitude and recognition, cash awards and prizes were distributed among the each & everyone of housekeeping staff. This gesture aimed to acknowledge their tireless efforts in ensuring a clean and welcoming environment for Cheezious patrons. Cheezious remains dedicated to cultivating a workplace culture that values and celebrates the efforts of every team member. Such initiatives align with the company's broader mission to create a positive and motivating work environment.

Cheezious Spreads Cheezy Khushiyan: A Heartfelt Celebration with Housekeeping Heroes

Cheezious, a leading name in the [industry], proudly announces a heartwarming celebration that took place to honor the dedication and hard work of its housekeeping staff. This shows Cheezious’ commitment to recognizing and appreciating the contributions of every team member. The occasion was marked by an interactive session between the housekeeping staff and the top…

Descon Engineering Celebrates Success: Project Handover to AkzoNobel Marks an Important Milestone

Descon Engineering Celebrates Success: Project Handover to AkzoNobel Marks an Important Milestone

Descon Engineering (DEL) marks a milestone achievement by successfully handing over plant relocation project (from Lahore to FIEDMC) to AkzoNobel on turnkey basis. The ceremony marked the official handover of a pivotal project by DEL Project Management Team (PMT) to AkzoNobel Operation team. This noteworthy event culminated with the seamless transition which was held at…

Zong 4G reinforces its commitment towards Service Leadership through a series of activities in December
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Zong 4G reinforces its commitment towards Service Leadership through a series of activities in December

Zong 4G, a leading telecommunications company, is set to elevate its commitment to excellence with the launch of its Customer Experience Campaign including nationwide Market Visits on Tuesday, December 5th, 2023. The initiative underscores Zong 4G’s unwavering dedication to delivering top-notch services while immersing customers, employees, and stakeholders in an innovative and enriching experience. The…

Descon Oxychem Ltd Celebrates 10 Million Safe Hours Milestone

Descon Oxychem Ltd Celebrates 10 Million Safe Hours Milestone

Descon Oxychem has completed 10 million safe hours from December 2008 to November 2023. This remarkable milestone not only exemplifies the company’s dedication to safety but also underscores its commitment to business excellence. The company’s proactive approach to safety measures, rigorous training programs, and the implementation of safe practices have played pivotal roles in reaching…

Cheezy Success: Cheezious Lights up Peshawar with Grand Opening of 32nd Outlet

Cheezy Success: Cheezious Lights up Peshawar with Grand Opening of 32nd Outlet

Cheezious, the renowned culinary destination known for its delectable offerings, proudly announces the grand opening of its 32nd outlet on University Road, Peshawar. The momentous occasion was celebrated with the presence of esteemed guests, including Chief Guest HBK Mr. Haji Bahadur Khan, Mr. Shafi Ullah Khan (DG KPK Halal Food Authority), Mr. Iqbal Wazeer (DC…

TPL Maps Launches Reseller Program for Dynamic Collaboration
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TPL Maps Launches Reseller Program for Dynamic Collaboration

TPL Maps, a prominent leader in mapping and location-based services, is excited to introduce its Reseller Program, a strategic initiative designed to create compelling business opportunities for partners seeking to resell TPL Maps’ innovative mapping solutions. Renowned for delivering state-of-the-art geospatial products and services, TPL Maps believes that collaboration with resellers will not only expand…

Riding the Wave: Pakistan’s Leap into Modern Marketing Trends, Leaving Conventional Strategies Behind
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Riding the Wave: Pakistan’s Leap into Modern Marketing Trends, Leaving Conventional Strategies Behind

Roman Ermsohin, APAC Director at inDrive, alongside industry giants at +92 Disrupt, unlocking Pakistan’s future in AI-powered marketing evolution for innovative growth and embracing rapid tech evolution for tailored strategies and unmatched customer connections. Roman N.Ermsohin shared his expertise on Pakistan’s transformative journey into modern marketing practices during a riveting panel discussion at the prestigious…

Standard Chartered Bank and the IFC enter a Risk-Participation Agreement

Standard Chartered Bank and the IFC enter a Risk-Participation Agreement

Standard Chartered Bank Pakistan has signed an un-funded Risk-Participation Agreement with the International Finance Corporation.  The USD 200 million PKR equivalent programme, will see the IFC cover 50% of Standard Chartered’s risk against short term-trade and working capital funded loan facilities for corporate clients based in Pakistan. Standard Chartered and IFC aim to leverage their…