Business
ITCN Asia 23rd edition to begin from 31st Aug 2023
Karachi, August 30, 2023: The 23rd edition of ITCN Asia, the flagship event of the IT and telecom sector, is scheduled to be held from August 31 to September 02 at the Expo Center, Karachi. The Caretaker Federal Minister Dr. Umer Saif is also likely to join the event as the chief guest. The Tech…
Standard Chartered Pakistan delivers record half-yearly operating profit
Karachi, August 24, 2023: Standard Chartered Bank (Pakistan) Limited delivered a record profit before tax of PKR 38.1 billion for H1’23, registering an increase of 73 percent year on year. Profit after tax grew by 132% year on year to PKR 18.8 billion during the first half of the year. Performance was driven by strong…
Faysal bank unveils strong financial results for first half of 2023
Karachi, August 24, 2023: Faysal Bank Limited has unveiled an impressive performance report for the first half of 2023, signaling robust business fundamentals and astute risk management. As per the official financial report, Faysal Bank reported a remarkable net profit of PKR 7.5 billion, marking an astounding 72 percent surge compared to the same period…
Meezan Bank wins first prize for best dashboards at ICAP awards
Karachi, August 24, 2023: Meezan Bank has been recognized at the first ‘The Digital Technology Awards – AccounTech Innovation Congress’ held by The Institute of Chartered Accountants of Pakistan (ICAP). The Bank has been conferred with the top award in the ‘Best Dashboards’ category for its ‘Customer 360 Degree Dashboard’ – a pivotal tool that…
Indus motors ‘shut down’ plant in Pakistan
Karachi, August 24, 2024: Indus Motor Company, the assembler of Toyota automobiles in Pakistan, has announced to temporarily shut down the production in Pakistan. According to the details, Toyota Indus Motors has declared a plant shutdown from August 25th to September 6th, sending an official letter to the Pakistan Stock Exchange (PSX). In their statement, the…