Category Archives: Business

FCEPL joins hands with UVAS to Establish PNDDC

Karachi: FrieslandCampina Engro Pakistan Limited (FCEPL), subsidiary of the Dutch multinational corporative Royal FrieslandCampina in the Netherlands, is establishing the novel Pakistan–Netherlands Dairy Development Center (PNDDC). The PNDDC is set to be a premier precompetitive platform with the signature ‘grass to glass’ philosophy underlying FCEPL’s corporate vision – collaboration and integration between industry, experts, academia, …

Continue reading “FCEPL joins hands with UVAS to Establish PNDDC”

FCEPL commemorates success of empowered women Agripreneurs in a ‘Rural Women Rising’ event

Islamabad: FrieslandCampina Engro Pakistan Ltd (FCEPL) hosted an event titled ‘Rural Women Rising’ in honor of women farmers and Agripreneurs, on the 31st of January at the Serena Hotel in Islamabad. The theme of the event was “breaking the barriers and empowering women through dairy value chain”. The event celebrated these women, hailing from rural …

Continue reading “FCEPL commemorates success of empowered women Agripreneurs in a ‘Rural Women Rising’ event”

Faysal Bank appoints Nutshell as strategic communications partner

Karachi: Faysal Bank Limited enters into a strategic communication partnership with Nutshell Communications (Pvt) Ltd. Nutshell Communications will provide external stakeholder engagement, corporate branding, and strategic communication services to Faysal Bank Limited. An agreement in this regard was signed by both parties recently at Faysal Bank Limited head office by Raheel Ijaz, Chief Operating Officer, …

Continue reading “Faysal Bank appoints Nutshell as strategic communications partner”

KE Sustains Continued Power Supply as Gusty Winds Batter Karachi

Karachi: As the gushing winds started blowing in the port city from Friday morning, K-Electric ensured that the power supply to the city remain stable. However, areas with high incidence of theft and kunda usage were preemptively shut down temporarily in the interest of safety of the residents and the power supply was swiftly restored …

Continue reading “KE Sustains Continued Power Supply as Gusty Winds Batter Karachi”

TCS trail blazing new Routes and Trade Corridors

Karachi: Pakistan’s logistics giant TCS Private Limited recently transported another pharmaceutical shipment by road to Tashkent, Uzbekistan, following TIR (Transports Internationaux Routiers) protocols, administered by the United Nations International Road Transport Union (IRU). TCS Private Limited is the first Pakistani Company to have qualified for international operations with Pakistani trucks and drivers. Amongst the requirements …

Continue reading “TCS trail blazing new Routes and Trade Corridors”

Nutshell Group & Martin Dow Group to co-host the 5th edition of ‘The Future Summit’

Karachi: Nutshell Group is hosting the 5th edition of Pakistan’s largest corporate event ‘The Future Summit’ in collaboration with Martin Dow Group. The platinum sponsor for the Summit is Engro Corporation.   The Future Summit will take place at a local Hotel in Karachi today and tomorrow. This year’s summit titled ‘What’s Coming Next’ aims …

Continue reading “Nutshell Group & Martin Dow Group to co-host the 5th edition of ‘The Future Summit’”

NEPRA Conduct Public Hearing for KE’s Petition on Quarterly Fuel Adjustments Charges

Islamabad: NEPRA will conduct a public hearing today to discuss petition submitted by K-Electric on Fuel Adjustment Charges (FCA) for the month of November 2021 and Quarterly Adjustments for the period July till September 2021. The request made by the utility are in line with the mechanism given in KE’s Multi Year Tariff whereby changes …

Continue reading “NEPRA Conduct Public Hearing for KE’s Petition on Quarterly Fuel Adjustments Charges”

People will get good news of FDI in coming months: Chairman BOI

Karachi: Global Investment Summit is being held in March next year, people will get good news of receiving foreign direct investment (FDI) in 2 months. The importance of technology exchange was highlighted after COVID-19. In this regard, a policy on technology exchange is being formulated which is expected to be presented in 6 to 8 …

Continue reading “People will get good news of FDI in coming months: Chairman BOI”

KE wins at S&P Global Platts Energy Awards in New York

Karachi: The highly coveted and most prestigious forum for the energy sector across the globe, S&P Global Platts Energy Awards announced K-Electric as the winner for its Roshni Baji Women Ambassador Program under the Corporate Social Responsibility – Diversified Program Category. Often described as the “Oscars” of Energy, the 23rd Annual Awards program was held at …

Continue reading “KE wins at S&P Global Platts Energy Awards in New York”

KE, Sindh Govt and World Bank sign MoU to add 350MW Solar Power Projects

Karachi: Committed to the aim to expand its portfolio of clean energy, KE has allied with Sindh Energy Department (SED) and the World Bank to develop a solar park with an aggregate capacity of 350 MW under the ambit of the ‘Sindh Solar Energy Project’ (SSEP). The objective of SSEP is to increase solar power …

Continue reading “KE, Sindh Govt and World Bank sign MoU to add 350MW Solar Power Projects”

TCS partners with Serene Air as CGSA to expand tailored supply chain solutions

Islamabad: TCS and Serene Air signed a Cargo General Sales Agent (CGSA) agreement in Islamabad, making TCS (Pvt.) limited official GSA partner of Serene Air (Pvt.) Limited for all domestic movement of cargo which will take effect from the 1st of December 2021 across Pakistan. The partnership between TCS (Pvt) Limited and Serene Air (Pvt) …

Continue reading “TCS partners with Serene Air as CGSA to expand tailored supply chain solutions”

ZEM Builders won the ‘Brand of the Year’ award at 33rd RCCI Int’l Achievement Awards

Colombo: ZEM Builders won the ‘Brand of the Year’ award for redefining the real estate industry of Pakistan at the 33rd RCCI International Achievement Awards held in Colombo, Sri Lanka. The awards aim to recognize the efforts of brands and business personalities for contributing to the economy of the country and for creating business opportunities. …

Continue reading “ZEM Builders won the ‘Brand of the Year’ award at 33rd RCCI Int’l Achievement Awards”

PM inaugurates Sohni Dharti Remittance Program

Islamabad: The Prime Minister of Pakistan Imran Khan, inaugurated the Sohni Dharti Remittance Program (SDRP) offered jointly by the State Bank of Pakistan, Ministry of Finance and financial institutions today at the Prime Minister House in Islamabad. SDRP is an innovative program designed to incentivize Pakistani workers abroad to send remittances to Pakistan through banks …

Continue reading “PM inaugurates Sohni Dharti Remittance Program”

SBP releases Annual Report on The State of Pakistan’s Economy

Karachi: The State Bank of Pakistan released today its Annual Report on the State of Pakistan’s Economy reviewing the fiscal year 2020-21. According to the report, Pakistan’ economy rebounded during FY21, with real GDP growth rising to 3.9 percent. Importantly, this expansion in economic activity was accompanied by a 10-year low current account balance that …

Continue reading “SBP releases Annual Report on The State of Pakistan’s Economy”

KE Remains Committed to Cracking Down on Electricity Theft

Karachi: In continuation with its massive crackdown aimed against power-thieves and defaulters, K-Electric disconnected power supply to parts of Lyari and Malir where the dues cumulatively exceed PKR 2.9 billion. Despite consistent efforts to cooperate with the consumers and offer schemes to facilitate them, Consumers in Lyari gathered in various pockets of the area to …

Continue reading “KE Remains Committed to Cracking Down on Electricity Theft”

K-Electric focuses on the Future in 2021 Sustainability Report

Karachi: Focused on the future of energy and sustainability of the power sector, K-Electric issued its 2021 Sustainability Report showcasing its efforts to create value in the business and communities it operates. These efforts are part of the company’s continued commitment to make a meaningful contribution towards the UN Sustainable Development Goals. Since privatization, sustainability …

Continue reading “K-Electric focuses on the Future in 2021 Sustainability Report”

K-Electric Achieves Black Start Facility at Korangi Power Complex

Karachi: Continuing its mission to secure Karachi’s energy future and provide its 3.2 million consumers with safe and reliable power, K-Electric (KE) has successfully implemented a ‘Black Start’ capability for the first time in their generation fleet at the Korangi Power Complex (KPC) that is responsible for generating 247 MW of electricity for Karachi. The …

Continue reading “K-Electric Achieves Black Start Facility at Korangi Power Complex”

Good News for Bike Captains, Careem cuts commission from 25% to 15%

KARACHI: In nine (9) cities, including Karachi, Islamabad, Gujranwala, Faisalabad, Abbottabad, Multan, Peshawar, Quetta, and Sialkot, Careem, the Super App for the greater Middle East and Pakistan, recently reduced its commission from 25% to 15% on its Bikes, Delivery, and Order Anything (buy and send) categories. The lowering in service cost is intended to boost …

Continue reading “Good News for Bike Captains, Careem cuts commission from 25% to 15%”

Emirates Group announces half-year performance for 2021-22

Karachi: The Emirates Group released its half-year results for the fiscal year 2021-22 today on Thursaday. For the first six months of 2021-22, group revenue was AED 24.7 billion (US$ 6.7 billion), up 81 percent from AED 13.7 billion (US$ 3.7 billion) the previous year. The lifting of travel restrictions throughout the world, as well …

Continue reading “Emirates Group announces half-year performance for 2021-22”

Rupee depreciates by Rs 1.3 against US dollar

KARACHI: Pakistan rupee, on Wednesday, continued to lose ground against the US dollar in the interbank market, falling by Rs1.3 to conclude the day’s trade around a two-week low of Rs172.93 per US dollar. Over the previous five days, the local currency has shed roughly 1.71 percent. Interbank closing #ExchangeRate for today:https://t.co/Vq2BLWpi7F pic.twitter.com/7wWQYfKSoR — SBP …

Continue reading “Rupee depreciates by Rs 1.3 against US dollar”

Bank Alfalah collaboration with Adal Fintech

Karachi: Bank Alfalah, one of the largest private banks in Pakistan, and Adal Fintech, a Techlogix subsidiary focused on ‘Digital Financing,’ have collaborated to offer Digital Supply chain financing all over Pakistan. The scope of this alliance is to extend digital lending facility to the retailers in coordination with their suppliers. This solution enables the …

Continue reading “Bank Alfalah collaboration with Adal Fintech”

Karachi Insustrialiats commend record progress on K-Electric BQPS-III Power Plant

Karachi: A delegation of senior industrialists and members of Karachi Industrial Forum visited K-Electric’s (KE) 900 MW Bin Qasim Power Station 3 (BQPS-III) on Monday and were apprised of the progress on the mega project, being set up at an estimate cost of USD 650 million. The delegation included 25 members of Karachi Industrial Forum …

Continue reading “Karachi Insustrialiats commend record progress on K-Electric BQPS-III Power Plant”

Exit mobile version