RHD Global Premiere: Master Changan Motors introduces Oshan X7

Karachi: Master Changan Motors Limited, Pakistan’s disruptive automotive brand, has announced the launch of its SUV – Changan Oshan X7 at the ‘RHD Global Premier’ today. This is the first time in the history of Pakistan that a RHD model is launched before any other country in the world. The CEO of Master Changan Motors …

AquaHatch International launched, plans to develop a freshwater ecosystem in Pakistan

Karachi: The ties between Pakistan and Hungary are further strengthened with the formation of AquaHatch International (Pvt.) Ltd, a joint venture company of both countries, which has a foreign and local investment of $14 million to develop a freshwater ecosystem in Pakistan. To cement this business relationship, an event was held on February 23, 2023. …

ENA enters into an exclusive partnership with Jolta Battery

Karachi: Pakistani startup Energy and Automation (ENA), a company of Jaffer Business Systems (JBS) recently joined forces with Jolta Battery Private Limited, a sister company of Jolta Electric – Pakistan’s First EV company, to provide solutions to the telecom & banking sector. An exclusive agreement to this effect took place between the two companies with …

FCEPL announces Financial Results for FY 2021

Karachi: FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the year ended December 31, 2021. The Company reported revenue of PKR 52 billion, registering 18% growth versus last year. FCEPL recorded highest-ever volumes of Ice Cream and highest-ever revenue in Dairy and Ice Cream segments in 2021. This milestone was achieved by focusing …

CAP, CTO ink MoU for POS integration of tier-I retailers

Karachi: Aiming to collaborate and cooperate for POS integration of tier-I retailers within the jurisdiction of CTO, Karachi, a Memorandum of Understanding (MoU) has been signed between the Consumers Association of Pakistan (CAP) and the Corporate Tax Office (CTO), Karachi. Federal Board of Revenue, Government of Pakistan has introduced sophisticated scheme for POS integration of …

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, …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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) …

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. …

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 …

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 …

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 …

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 …

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 …

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