Karachi, November 19, 2024 (MLN): On Tuesday, the Governor of the State Bank of Pakistan (SBP), Mr. Jameel Ahmad, delivered a powerful address at the Women Entrepreneurship Day event, hosted by the SBP in Karachi. His speech highlighted a pressing issue—the need to empower women entrepreneurs in Pakistan by addressing the gender disparities in access […]
ISLAMABAD: Jazz, a leading telecommunications provider in Pakistan, has reinforced its position as a cornerstone of the country’s digital transformation by investing over Rs33 billion during the first nine months of 2024. This significant financial outlay was aimed at strengthening Pakistan’s digital ecosystem across various key sectors, including banking, financial services, cloud computing, data centers, […]
Arif Habib Corporation Limited (AHCL) has completed a significant corporate restructuring by issuing 13,321,747 new shares to the shareholders of its subsidiary, Arif Habib Limited (AHL), as part of a demerger scheme. This development comes under a share swap arrangement, with shareholders receiving 0.8673 AHCL shares for every AHL share held. The move marks a […]
Pakistan’s import sector is facing severe turmoil following the abrupt alteration of Green Channel parameters by the Customs Department. The move, implemented without prior notice, has left thousands of containers stranded at ports, leading to substantial financial losses for importers and severe supply chain disruptions. Essential goods, including medicines, pulses, steel, and medical devices, are […]
In a significant move aimed at improving the tax adjustment process for salaried individuals and pensioners in Pakistan, the Accountant General Pakistan Revenues (AGPR) has agreed to update its Systems, Applications, and Products (SAP) module. This decision comes after recommendations by the Federal Tax Ombudsman (FTO), who has pointed out inconsistencies in the existing tax […]
Pakistan, despite contributing less than one percent of global greenhouse gas emissions, is one of the most climate-vulnerable countries in the world. The country faces devastating floods, extreme heatwaves, and the rapid disappearance of vital ecosystems. With climate change already taking a severe toll on the nation, Pakistan’s future hinges on addressing these challenges head-on. […]
Luxury consumption is often associated with advanced economies where high per capita income enables individuals to indulge in premium goods and services. However, the phenomenon extends beyond affluent nations, finding its niche in developing economies like Pakistan. This article explores the intricacies of luxury consumption, its socio-economic implications, and how it shapes economic dynamics, particularly […]
The Sustainable Development Policy Institute (SDPI), in collaboration with the Embassy of Denmark in Pakistan, launched the second phase of their initiative, Unlocking the Potential of Carbon Markets in Pakistan. This ambitious project aims to develop a robust carbon market in Pakistan, focusing on boosting the country’s efforts to meet its climate goals while unlocking […]
On November 15, 2024, CCL Holdings (Pvt.) Limited is set to make a public offer for voting shares of Mitchells Fruit Farms Limited, signaling a potential turning point for the established fruit and food-processing company and a significant move for CCL Holdings in the FMCG (fast-moving consumer goods) sector. Understanding the Acquisition Intentions and Public […]
In the week following Donald Trump’s election as U.S. President, the cryptocurrency market has experienced a significant surge, with Bitcoin leading the charge. On Tuesday, Bitcoin rose close to $90,000—a remarkable milestone for the digital currency. While the price briefly settled around $86,730, the increase has ignited a new wave of investor enthusiasm, driven largely […]
An active membership is required for this action, please click on the button below to view the available plans.