The Board of Directors of K-Electric approved the financial results for the company on 20 September. 2022 for the year ended on 30 June 2022. Driven by prudent policies, the Company’s key areas of operations showed strength. T&D losses further reduced from 17.5% to 15.3% in FY 2022. This improved performance was partly set-off due […]

Federal Minister for Foreign Affairs Bilawal Bhutto Zardari has marked his presence at traditional Pakistan Breakfast in sidelines of World Economic Forum at Davos . Pakistan Breakfast is Pakistan’s signature event which is held on every WEF annual meeting to discuss Pakistan’s economic & political situation.  Pakistan Breakfast was hosted by a think tank Pathfinders […]

The Overseas Investors Chamber of Commerce and Industry (OICCI) has submitted comprehensive Taxation Proposals for the upcoming Fiscal Budget 2022-23 highlighting various measures to facilitate business and FDI, promote the ease of doing business and documentation of the economy beside broadening the tax base and enhancing the revenue collection to match the economic potential of […]

Careem, the Super App for the greater Middle East and Pakistan, has recently appointed Haris Javed as the new Director of Marketing in Pakistan. His role includes leading the marketing team to create awareness and drive growth as Careem establishes itself as the region’s everyday Super App, expanding into new verticals (food, delivery, payments) in addition to […]

Half of the exporters go online to weather COVID-19 challenges The HKTDC Export Index rose a further 2.8 points to 39.0 in the first quarter of this year compared with the preceding quarter, the Hong Kong Trade Development Council (HKTDC) announced. “Although the index has risen for four consecutive quarters, it remains in contractionary territory, […]

The 5-day round-the-clock Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and Technology (SWITCH) organized by the Monetary Authority of Singapore (MAS) and Enterprise Singapore (ESG) ended on 12 December 20201. The event attracted 60,000 participants from over 160 countries with more than 2,000 speakers, over 1,300 exhibitors, 27 international pavilions, and 45 […]

Coca-Cola Beverages Pakistan Ltd. (CCI Pakistan), which is part of CCI – a leading bottler within the Coca-Cola System, signed an agreement with Parks and Horticulture Authority (PHA) Lahore to provide treated wastewater. CCI Pakistan being a responsible corporate citizen will provide treated wastewater to PHA for a period of five years for carrying out […]

HBL has launched online ticketing for airlines on all its digital channels. This service will be powered by Bookme.pk – Pakistan’s largest e-ticketing platform with a portfolio of over 200+ domestic and international airlines. This partnership aims to enable a convenient and hassle-free digital ticket purchasing experience for the digital banking customer base of HBL […]

Systems Limited announced the appointment of Asif Akram as Chief Operating Officer (COO) of the company. Asif Akram comes with extensive management experience of delivery of IT and IT-enabled services spanning over 2 decades and honed at leading IT services providers in the region including IBM and PwC. He’s a cross-industry consultant who led sales […]

The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, losses are expected to be cut to […]