Pakistan has potential to capture share in $3 trillion halal industry
The strict compliance of certification can help Pakistan to take halal products exports to US $5 to 6 billion annually and capture a sizeable share in the $3 trillion world halal food industry. Speaking at a Round Table Conference on “How to boost halal food exports?” Meher Kashif Younis former senior Vice President Lahore Chamber…
Adil Aziz
KE’s profitability severly impacted due to Mid Term Review decision and severe devaluation of Pakistani Rupee
Driven by continued and targeted investments of PKR36.99 Billion across the power value chain, key operational indicators showed positive growth over comparative period. However, despite showing consistent improvement in reduction of transmission and distribution losses of 1.5%, and driving an increase in the units sent out by 2.8%, KE’s net profitability declined by 84% to…
Bank Alfalah partners with Jubilee Life Insurance for 24×7 Cash Collection through largest CDM Network of Pakistan
Bank Alfalah Limited (BAFL), the country’s leading financial institution and Jubilee Life Insurance Company Limited (JLICL), Pakistan biggest private sector insurer have come together, and signed an MOU for round the clock cash collection through Bank Alfalah CDM network. The signing ceremony was held at Bank Alfalah’s Head Office in Karachi. With the help of…
Emirates Boarding Pass Unlocks More Offers in Dubai for Summer 2022
Your Emirates boarding pass is more than a travel document or travel keepsake, it is also the key to the coolest deals in Dubai this summer! For five months starting May 01 to September 30, Emirates is unlocking even more offers for all its customers arriving in or stopping over in Dubai with its My…
Pakistan export to China up nearly 17 percent in first quarter
Pakistan’s export to China crossed $ 1.039 billion in the first quarter of 2022, recording a nearly 17% increase from January to March this year, as per General Administration of Customs of the People Republic of China (GACC). According to data from GACC, in the first three months of this year, China’s exports to Pakistan…
Rs 78,544.13 million disbursed for water sector projects so far
The government has disbursed a sum of Rs 78,544.13 million, out of total allocation of Rs 102,472.69 million for various water sector projects under Annual Public Sector Development Programme for year 2021-22 so far. According to Planning Commission data, out of disbursed amount, local component stood at Rs 64,198.88 million while Rs 14,354.24 million received…
Dr. Murtaza Syed assumes position of Acting Governor
In light of Section 10(2) of the State Bank of Pakistan (SBP) Act 1956 (amended), Dr. Murtaza Syed, being the senior most Deputy Governor, has assumed the position of Acting Governor SBP, with effect from May 5, 2022. It may be mentioned here that the term of Dr. Reza Baqir (former Governor SBP) ended on…
Must Have Faith to Build a Better Society: Philanthropists
“You need to have a vision in order to succeed”. This is what Dr. Muhammad Amjad Saqib, CEO, Akhuwat Foundation – had to say who has recently been nominated for the Nobel Peace Prize 2022 for his humanitarian work in poverty alleviation. He made these remarks during the first webinar of the Reflections series titled…
SECP proposes changes to bring transparency in capital formation
The Securities and Exchange Commission of Pakistan (SECP), in a bid to improve and ensure transparency in the process for capital formation has recommended a revamp of Companies (Further Issue of Shares) Regulations, 2020. A concept paper, suggesting new modes and mechanics through which companies can raise capital, has been placed on SECP’s website for…
Ushna Shah shares first glimpse of her upcoming telefilm
Celebrated Pakistani actor Ushna Shah unveiled the first look of her upcoming telefilm ‘Mast Mohabbat’ under the banner of 7th Sky Entertainment. Ushna is one of the top names of Pakistan’s showbiz industry and has proven her talent with exceptional performances in serials like ‘Cheekh’, ‘Balaa’ and ‘Bewafa’ among others. Taking to her Instagram, the…