foodpanda thanks PRA on behalf of its homechefs for a much needed relief in sales tax
In order to create a favourable business environment, Punjab Revenue Authority decided to provide reduction in sales tax being charged on commissions for home based chefs. The rebate reduced sales tax from 16% to 5%, allowing better profitability and growth potential for homechefs operating on online food delivery platforms such as foodpanda. Homechefs are essentially…
Adil Aziz
Ufone Football Cup Eliminator round draws to conclusion in Balochistan while KP catches up
The Balochistan leg of Ufone Football Cup Tournament’s Eliminator round is drawing to conclusion as Super 8 slots quickly fill up. Meanwhile, the KP Edition that started a week later is quickly catching up as well. On Monday, DFA Qilla Abdullah played an Eliminators round match against DFA Pishin at Taj Lala Ground, Pishin. DFA…
PTCL & Ufone Annual Gala brings employees, families together for fun extravaganza
PTCL Group held its Annual Sports and Family Fun Gala in Islamabad to provide employees and their families an excellent opportunity to break away from their work routine. The gala is a long-standing tradition that helps employees come together as a single family to engage in sports and fun activities and make memories for life….
Aamir Ahsan Khan named Country Manager of Ericsson Pakistan
Ericsson (NASDAQ:ERIC) has announced the appointment of Aamir Ahsan Khan as Country Manager of Ericsson Pakistan. Aamir is set to lead a strong cross-functional team aided by a network of partners to support communication service providers and increase Ericsson’s digital footprint in the country. Having joined Ericsson 14 years ago, Aamir brings forward progressive and…
Mondelēz Pakistan bags award for Gender Diversity at Workplace award
At the prestigious occasion of the 18th Annual Excellence Awards by CFA Society Pakistan, Mondelēz Pakistan received The Gender Diversity at Workplace Award 2021. The award recognises leading organisations for the efforts made in different domains of their business operations and management styles in relation to enhancing their gender diversity representations within the organisation. As…
SECP registers first Life Insurer as Pension Fund Manager
In another first at the Securities and Exchange Commission of Pakistan (SECP), a life insurance company namely the Postal Life Insurance Company Limited, has been granted permission to manage private pension funds under the Voluntary Pension System (VPS). Private pension funds under the VPS are regulated by the SECP in terms of VPS Rules, 2005,…
Systems Limited announced today that its subsidiary E-Processing Systems B.V. has received an investment from the Bill & Melinda Gates Foundation
E-Processing Systems owns and operates OneLoad, Pakistan’s leading microretailer digitization and payment platform used by over 50,000 small shops across Pakistan. OneLoad is one of the largest mass market financial access platforms in the country, enabling its retailers to deliver telecom, digital payments and banking services to over 7 million unbanked customers each month. The…
KU, SGS inks MoU to initiate OBE in academia
The University of Karachi and SGS Pakistan Private limited inked the Memorandum of Understanding to bridge the gap between academia and the industries by initiating outcome-based education in the higher education sector. According to the MoU signed on Monday at the SGS Head Office, both parties have agreed to promote collaboration for research and development…