Business

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“Digital aggregators and platforms are the most effective ways to connect with the masses”, CEO TPL Insurance

“Digital aggregators and platforms are the most effective ways to connect with the masses”, CEO TPL Insurance

With an economic storm on the horizon, people in Pakistan are looking toward financial safety. While rising operational costs and competitive premium pricing are an ongoing struggle, customers can opt to insure themselves and their possessions from possible risks. TPL Insurance has disrupted the existing insurance ecosystem with initiatives that have enabled new industry benchmarks…

Nestlé reports H1 sales for 2022

Nestlé reports H1 sales for 2022

Nestlé Pakistan reported its financial results for the first half of the year, posting a revenue of PKR 80.4 billion, an increase of 22.2% compared to same period of last year. The results were announced during a board meeting at the Company’s Head Office. The growth was broad based, driven by normalization of economic activities…

PTCL & Ufone swiftly restore network disrupted by torrential rains, flooding in the Southern region

PTCL & Ufone swiftly restore network disrupted by torrential rains, flooding in the Southern region

PTCL and Ufone have swiftly restored their network disrupted by heavy rains and flooding in parts of Balochistan and Sindh in a record time through rapid mobilization of their on-ground resources. The torrential rains also caused major damage to road and bridge infrastructure in the region, further intensifying the challenge of timely restoration of the…

Textile Magnate Alkaram joins hands with ABHI to offer Earned Wage Access to all its employees across the country

Textile Magnate Alkaram joins hands with ABHI to offer Earned Wage Access to all its employees across the country

Alkaram, one of the biggest names in Pakistan’s textile industry, is partnering with ABHI, Pakistan’s first financial wellness platform, to offer its employees the facility of Earned Wage Access. ABHI’s goal is to provide financial wellness services to all employees in Pakistan, giving them the ability and freedom to access their earned but unpaid salaries,…

Agreement to offer Shariah-compliant trading platform to RDA Clients signed

Agreement to offer Shariah-compliant trading platform to RDA Clients signed

Pakistan Stock Exchange (PSX) and Meezan Bank Limted signed an agreement to provide a dedicated Shariah- compliant trading platform for Roshan Digital Account (RDA) clients. The agreement would facilitate investors who are focused on investing in Shariah approved securities, according to press statement received here from PSX. The Agreement was signed by the Managing Director…

foodpanda Partners with Panther Tyres Limited to Facilitate Riders in Managing their Maintenance Expenses

foodpanda Partners with Panther Tyres Limited to Facilitate Riders in Managing their Maintenance Expenses

Continuing its diverse efforts to minimize overhead costs for delivery riders, foodpanda, the country’s leading online delivery service, has partnered with Panther Tyres. The partnership aims to provide free tyres and discounts to all foodpanda riders. A signing ceremony was held in this regard recently which was attended by Farhan Khan Director Operations, Haider Malik…

Ufone 4G supports livelihoods of local community in Murree

Ufone 4G supports livelihoods of local community in Murree

Pakistani telecom company, Ufone 4G has donated pushcarts and food stalls to local community members in Murree to help them earn a decent livelihood for themselves and their families. The initiative is an extension of Ufone 4G’s Corporate Social Responsibility programme, designed to create a shared impact for society. Station Commander Murree handed over the…

Power generation increases by 10% YoY in FY22: NEPRA

Power generation increases by 10% YoY in FY22: NEPRA

Total Power generation in the country increased by 10% YoY to 143,193 GWh in FY22 at a cost of Rs9.34 per unit, compared to 130,223 GWh in FY21 at the cost of Rs4.83/KWh, the power production data released by the National Electric Power Authority (NEPRA) on Thursday showed. The increase in electricity production was backed…

Govt resolved to facilitate businesses for attracting FDI: Pasha

Govt resolved to facilitate businesses for attracting FDI: Pasha

Minister of State for Finance and Revenue, Dr. Aisha Ghous Pasha here on Thursday expressed government’s resolve to increase foreign direct investment (FDI) in the country through keen focus on ease of doing business and facilitation of business community. This would help in attaining sustainable growth in the country, the state minister said in a…

Mobilink Microfinance Bank signs an agreement with IBP to upskill its employees

Mobilink Microfinance Bank signs an agreement with IBP to upskill its employees

Pakistan’s largest digital bank – Mobilink Microfinance Bank Limited (MMBL), has joined hands with the Institute of Bankers Pakistan (IBP), the country’s leading premier banking training institute, to upskill and develop the capacities of its valued workforce and help strengthen banking experience of its customers and delivery standards. Through this collaboration, more than 1500 frontline…