In a significant financial downturn, the Pakistan Stock Exchange (PSX) witnesses a sharp decline, with a staggering drop of over 2000 points. This substantial market correction has been attributed to the prevailing uncertainty surrounding the outcomes of the recent elections, raising concerns and prompting a substantial sell-off among investors. Key Highlights of PSX’s Over 2000…
In a significant move, Mari Petroleum is gearing up to acquire a working interest in two exploration blocks currently under the management of its Canadian subsidiary. This strategic decision holds considerable implications for Mari Petroleum’s exploration and production endeavors and is poised to shape the company’s footprint in the global energy landscape. Key Aspects of…
A large group of premium tobacco producers and workers from a few tobacco growers’ countries, Colombia, Panama, Honduras and Nicaragua, have protested on February 5th in front of the Panama Convention Centre where the tenth Conference of the Parties (COP 10) of the World Health Organization’s (WHO) Framework Convention on Tobacco Control (FCTC), is currently…
In a recent development, the Cabinet Committee on Energy has given its nod to crucial amendments in the Refineries Policy 2023. This decision holds significant implications for the energy sector, shaping the trajectory of refinery operations and policies governing their functions. Key Considerations in the Approved Amendments to Refineries Policy 2023: Rationale Behind Amendments: Delving…
10Pearls announced the launch of 10Pearls Studio, a significant expansion of our digital and creative capabilities. Employing a “one brand, one team” strategy, this initiative seamlessly consolidates our digital media acquisitions into a unified, full-service digital powerhouse. The studio brings together our existing digital capabilities and past digital marketing acquisitions, such as Likeable, an acclaimed…
In an upcoming development, specific areas are slated to experience a temporary disruption in internet services on the day of the election. This decision, aimed at ensuring a controlled and secure electoral process, raises considerations regarding the potential impact on communication, information access, and overall connectivity for residents in these designated zones. Key Aspects of…
In a recent development, the Pakistan Telecommunication Authority (PTA) forms a dedicated committee to delve into the co-existence of WiFi 6E. This move highlights the regulatory body’s commitment to understanding the implications and challenges associated with the deployment of WiFi 6E technology in the country. Key Aspects of PTA’s Committee Formation on WiFi 6E Co-Existence:…
The Bank of Punjab (BOP) demonstrates its steadfast commitment to promoting arts, literature, and crafts in the country as a strong corporate advocate. With a long-standing dedication to various initiatives and programs, including literary festivals, the bank actively contributes to the promotion of literacy, arts, culture, and heritage preservation. In a significant move towards nurturing…
The National Foodpreneur Program is a collaboration between National Foods Ltd and MasterClass Pakistan, designed to empower individuals passionate about culinary arts to excel in the food industry. The National Foodpreneur Program was officially launched in Karachi, Pakistan. The event, held at the MasterClass facility, brought together the talented students, the project team, and the…
In a noteworthy development, the government has begin talks with the International Monetary Fund (IMF) to address and resolve the persisting issue of circular debt. This marks a proactive step towards finding comprehensive solutions to the challenges posed by the mounting circular debt, reflecting the government’s commitment to fiscal stability and effective energy sector management….
