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Tetra Pak Honored at SEAL Business Sustainability Awards for Environmental Framework

Lausanne: Tetra Pak has been awarded the Environmental Initiatives Award at the 2025 SEAL Business Sustainability Awards for its Approach to Nature framework. This recognition highlights the company's efforts to guide and collaborate with partners thr...

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HBL Microfinance Bank Appoints First Woman Chairperson

KARACHI: HBL Microfinance Bank has announced the appointment of Maya Inayat Ismail as the new Chairperson of its Board of Directors, succeeding Rayomond H. Kotwal. The transition marks a significant milestone as Ismail becomes the first woman to lead ...

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International Steels Ltd Reports 71% Decline in Quarterly Profit Amid Lower Steel Prices

Karachi: International Steels Ltd (ISL) announced a significant decline in its quarterly profit, with Profit after Tax (PAT) dropping by 71% year-on-year to PkR355 million (EPS: PkR0.82) for the second quarter of fiscal year 2025. The decline was prim...

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Cherat and Lucky Cement Earnings Predictions Highlight Mixed Outcomes

Karachi: Cherat Cement Company Ltd (CHCC) is expected to see a rise in earnings for the second quarter of the fiscal year 2025, while Lucky Cement Ltd (LUCK) is projected to experience a decline, according to recent forecasts.

According to a stateme...

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Pakistan to See Potential Drop in Interest Rates as Inflation Forecast Improves

Karachi: The State Bank of Pakistan (SBP) has cut its policy rate by 100 basis points to 12%, signaling a cautious approach to monetary policy aimed at fostering sustainable economic growth. This decision comes alongside a revision of the inflation fo...

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Vivo to Unveil X200 Pro in Pakistan: A Leap in Mobile Photography Technology

Karachi: Vivo is set to launch its latest smartphone, the X200 Pro, in Pakistan, promising to bring revolutionary advancements to mobile photography. The device, a new member of Vivo's X Series, boasts a 200MP ZEISS APO Telephoto Camera and features d...

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Sustainable Tourism Forum Set to Elevate Pakistan’s Tourism Prospects

Karachi: A two-day Sustainable Tourism Forum, organized by the Islamic Chamber of Commerce and Industry, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), and the Pakistan Tourism Development Corporation, is scheduled for January 3...

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