Faysal Bank, Sehat Kahani join forces to transform healthcare on April 1, 2024Faysal Bank, one of the leading Islamic financial institutions of Pakistan, has partnered with Sehat Kahani, a one-stop telemedicine solution for various primary healthcare issues. Through this collaboration, Faysal Bank cardholders can avail exclusive privileges and discounts of up to 25% across a diverse array of healthcare services offered by Sehat Kahani. In furtherance of […]
Muneer Kamal is the new CEO and Secretary General of PBA on April 1, 2024Pakistan Banks’ Association (PBA) announces the retirement, with effect from, March 31, 2024, of its longstanding CEO & Secretary General, Mr Tawfiq A. Hussain. After more than a decade of meritorious service to the Association, Tawfiq Hussain leaves behind a legacy marked by notable achievements and substantial growth of the organization. His strategic vision and […]
Uniform Cigarette Taxation: solution to economic losses and health concerns on March 31, 2024Pakistan has suffered significant economic losses due to the dominance of the cigarette industry, high consumption rates and subsequent health cost over the years and to deal these challenges the IMF has recently proposed a uniform taxation on tobacco sector. The International Monetary Fund (IMF), in its report, urged Pakistan to implement uniform taxation on […]
Noon & Co’s South Asian Stone Craft Excellence on March 30, 2024The South Asian stone craft tradition is one for the ages. From the majestic stone carvings of the great Buddha in Pakistan’s Taxila to the ornate architectural marvels across the region, these masterpieces stand as testaments to the skill and creativity of the great stonecraft artisans of our past. Indeed the Gandhara stone tradition, a […]
Neelum Jhelum achieves max capacity of 969 MW after TRT inspection on March 30, 2024Neelum Jhelum Hydroelectric Project has achieved its maximum generation capacity of 969 MW yesterday. Following resumption of its operation early this month after inspection of the tail race tunnel (TRT), the project is continuously in operation as per the availability of water and contributing electricity to the National Grid, especially during Sehr and Iftar of […]
26.6% increase in FED on cigarettes can recover 19.8% healthcare cost of diseases caused by smoking on March 29, 2024The Society for the Protection of the Rights of the Child (SPARC) has urged the government to reduce the health cost burden by increasing taxes on cigarettes. Tobacco use, particularly smoking, is linked to a plethora of health issues, including lung cancer, heart disease, stroke, respiratory diseases, and various other cancers. Smoking-related illnesses and deaths […]
LCCI President expresses reservations on Tajir Dost scheme on March 29, 2024President Lahore Chamber of Commerce and Industry Kashif Anwar has said that business friendly taxation system could pave way for economic development. LCCI has strong reservations on Tajir Dost Scheme 2024 under SRO 420. All the policies should be formed in consultation with the stakeholders. He was addressing the conference on economic challenges and their […]
SNGPL’s stance on Gas Price determination on March 29, 2024Reference news items published in the media regarding inclusion of inflated HR cost in the gas pricing and increase in gas price three times in the current year. In this respect it is highlighted that the Operating Cost including the HR cost is only 4% of the total gas price. 94% is cost of gas […]
FFC holds 46th AGM on March 29, 2024Fauji Fertilizer Company (FFC) held its 46th Annual General Meeting on March 26th, 2024 having a quorum of 57.20 percent with representation either in person or through Video Conferencing and proxies. Individual shareholders as well as all major equity holders including Fauji Foundation, State Life Insurance Corporation, Citi Bank, Deutsche Bank, Standard Chartered Bank, NAFA, […]
Honda Atlas installs clean drinking water facilities on March 29, 2024In rural areas, ensuring access to clean drinking water has been a persistent challenge, particularly due to the common contamination of existing water sources. Acknowledging the vital importance of safe drinking water, Honda Atlas Cars (Pakistan) Limited has implemented proactive measures to tackle this issue in the vicinity of Government Primary School, Tibba Samad, Manga […]