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The Biz Update

Nestlé Pakistan wins First Prize for Global Compact Business Sustainability Award 2018

Karachi, 10 January 2019: For the third consecutive time, Nestlé Pakistan won the First Prize for “Living the Global Compact Business Sustainability Award 2018″, in the multi-national category, at the “Business Sustainability Moot and Living the Global Compact Best Practices Sustainability Award Ceremony”.   Winning this prestigious award three times in a row signifies Nestlé…

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SBP denies report of PTI’s 18 undeclared bank accounts

Karachi, January 10, 2018: The State Bank of Pakistan (SBP) on Thursday categorically denies a Report relating to the bank accounts of Pakistan Tehreek-i-Insaf (PTI) to the Election Commission of Pakistan (ECP).  SBP neither maintains the database of banks’ individual accountholders nor possesses any related information / record thereof. Banks being the custodian of customers’ information may directly provide this…

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Meezan Bank wins award

Karachi, January 10, 2019: Meezan Bank Limied continued to add  the list of  achievements. According to an announcement, Meezan Bank has also received the awards for “Best Islamic Bank in Pakistan” and the “Best Islamic Bank for Treasury Management in the World”, by Islamic Finance News  Malaysia.

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Sindh deprives of gas supply

Karachi, January 7,2019: Zahid Mazhar, Chairman, All Pakistan Textile Mills Association, Sindh-Baluchistan Region has demanded from the government that the industry of the province of Sindh should not be deprived of their constitutional right in supply of natural gas under Article 158 of the Constitution of Pakistan. He said that the province of Sindh is producing…

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