Adamjee Life partners with Sindh govt to improve healthcare on November 4, 2021Adamjee Life and the Sindh government have collaborated to improve the infrastructure of state-led health dispensaries in the province. This initiative is part of the Nigehbaan CSR platform of Adamjee Life that has led various education, environmental and health programs in the past. Adamjee Life has always been a strong advocate of advancing Pakistan’s Sustainable […]
China-Pakistan Friendship Square inaugurated in Wuhan on November 4, 2021China-Pakistan Friendship Square reflects the great affinity and solidarity, deep love, trust and respect between the two countries and peoples, said Moin ul Haque, Pakistan’s Ambassador to China. According to the China Economic Net, Haque made these remarks while attending the inaugural ceremony of China-Pakistan Friendship Square in Wuhan, which is the first of its […]
Illicit cigarette trade in Pakistan on November 4, 2021Illegal tobacco trade in Pakistan is the direct result of tax evasion in the country worth PKR 80 billion every year. They make up roughly 40% of the total tobacco market. Great tax leakages can be observed in a number of sectors of the country’s economy, caused directly by depleted revenues. If channeled properly, these […]
We stand together — total PARCO introduces forecourt incentive program on November 4, 2021Total PARCO Pakistan Limited (TPPL) has introduced an industry leading incentive initiative for the forecourt staff. Through the Forecourt Incentive Initiative Total PARCO is taking the lead in one of its value of “standing together”. Through this incentive scheme, the forecourt staff will be able to fulfill the financial needs of their families by being […]
Pakistani mountaineer Sirbaz eulogized on November 3, 2021Serena Hotels hosted a high-profile reception to honor Pakistani mountaineer Sirbaz Khan, who has become the first Pakistani in history to summit nine of the world’s highest 14 peaks measuring over 8000 meters. The mountaineering supernova has been on a prolific climbing streak this year, having summited four peaks namely Mt. Daulagiri (8196 m), Mt. […]
Development of single sales tax portal on November 3, 2021Building further on its vision to facilitate taxpayers and ensure ease of doing business through automation, digitization, and minimization of human interaction with taxpayers, FBR is all set to launch Single Sales Tax Portal during November, 2021. This landmark initiative has been made possible after thorough discussions with the provincial revenue authorities of Punjab, Sindh, […]
BankIslami Pakistan Declared Profit After Tax of Rs. 1.85 billion for Nine Months 2021 on November 3, 2021BankIslami Pakistan announced its financial results for the nine months ended September 30, 2021. Despite reduction in discount rates, BankIslami Pakistan posted Profit After Tax amounting to Rs. 1,855 Mn for the nine months ended September 30, 2021, depicting a growth of 5.3pc from PAT of Rs. 1,762 Mn posted during same period last year, […]
Standard Chartered Bank Pakistan announces Q3 2021 results on November 3, 2021Highlights: * Profit before Tax of PKR 18.4 billion * Strong growth in net advances of 26 per cent * Healthy increase in deposits of 7 per cent * Cost discipline continues with an increase of only 1 per cent * Effective risk management resulting in net recoveries of PKR 790 million Standard Chartered Bank […]
PMIC wins Pakistan Banking Award on November 2, 2021PMIC has been honoured with the “Best contribution by a Non-bank entity 2021” at the Pakistan Banking Awards. The award was presented to Mr. Yasir Ashfaq, Chief Executive Officer-PMIC by the honourable Governor State Bank of Pakistan Mr. Reza Baqir in a ceremony held at Karachi on October 30 and was attended by leaders and […]
Nation, police dept proud of injured, martyred officers’ dutifulness: IGP on November 2, 2021Inspector General of Police Punjab Rao Sardar Ali Khan Monday visited Mayo and General Hospitals to inquire after the injured police officials and also visited the homes of Constable Ghulam Rasol and ASI Muhammad Akbar at Kasur and Chunian to offer Fateha for the martyrs. Chief Secretary Punjab Kamran Ali Afzal also accompanied him during […]