Pakistan U19
HEADLINE

Pakistan U19 off to Sri Lanka as part of ICC U19 World Cup 2020 preparations

LAHORE – Pakistan U19 team captained by Rohail Nazir, left for Colombo, Sri Lanka, early Thursday morning for a series of five 50-over matches to be played from 26 May to 5 June in Hambantota. The series is part of the side’s preparation for next year’s ICC U19 Cricket World Cup 2020, which will be […]

Shahid Afridi Foundation
SPORTS

PCB signs a two-year partnership with Shahid Afridi Foundation

KARACHI – The Pakistan Cricket Board today extended the scope of its Corporate Social Responsibility when they signed a two-year partnership with Shahid Afridi Foundation (SAF), one of the most respected and prestigious charity organizations set up by an ex-player. This follows the recent announcement of the PCB signing a three-year partnership with the British […]

GSMA
HEADLINE TELECOM

Mobile Connectivity of Millions in Pakistan at Risk Warns Gsma

The GSMA today raised serious concerns over the unreasonable fees set by the government and Pakistan Telecommunication Authority (PTA) on operators renewing mobile spectrum licenses in Pakistan, which it believes pose a significant risk to the mobile connectivity of millions of citizens. On 25 May, the licenses of two of the country’s largest mobile operators […]

FPCCI
BUSINESS

FPCCI Shows Concern over the Rising of Policy Rate

Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) showed his serious concern over the hiking of policy rate by another 150 basis points in view of prevailing inflation, devaluation of the currency and twin deficit in Pakistan. He added that SBP continues to operate a tight monetary policy […]

BUSINESS HEADLINE

Turkey’s largest enterprise – Arcelik’s Technology Chief visits Pakistan

KARACHI – The Chief Technology Officer of Arcelik – the largest Turkish enterprise came to Pakistan, for an official visit from 14th to 16th of May, 2019. During this 3-days tour, the CTO – Mr. Oguzhan Ozturk held meetings with the corporate leaders and operational teams of Dawlance – the market-leader in Pakistan’s home-appliances industry. Arcelik is […]

BUSINESS

State Bank move to deprive private sector of credit: Mian Zahid Hussain

KARACHI – President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said recently announced monetary policy is too aggressive. An interest rate hike of 1.5 percent by the central bank is over and […]

BUSINESS

KATI for easy access to power and credit for industry

KARACHI – President of Korangi Association of Trade & Industry (KATI) Danish Khan, Senior Vice President Faraz-ur-Rehman and Vice President Maheen Salman expressed their concern over declining rupee’s value and increased interest rate and suggested that promotion of industrial sector is the only solution to economic crisis of the country, in a joint statement. President […]

The Pakistan Economy Watch
BUSINESS

Former rulers conspired to make Pakistan a failed state: Pakistan Economy Watch

The Pakistan Economy Watch (PEW) on Wednesday said leaders of a political party conspired with foreign powers to make Pakistan a failed state for which they should be tried for treason. On the behest of some western countries, the leadership of a political party planned to weaken Pakistan through debt burden to an extent that […]

BUSINESS

Mufti Muhammad Hassaan Kaleem appointed as Pak-Qatar Takaful Chairman of Shari’ah Advisory Board

KARACHI – Mufti Muhammad Hassaan Kaleem has been appointed the new chairman of Shari’ah Advisory Board for Pak-Qatar Takaful group. Mufti Muhammad Hassaan Kaleem had already been serving as a member of Shari’ah Pak-Qatar Takaful for more than a decade since the company’s inception in 2007. Former Justice Mufti Muhammad Taqi Usmani had earlier been […]