Business
Nestlé Pakistan announces financial results for 2020
Lahore, February 26, 2021: Nestlé Pakistan posted a revenue of PKR 118.8 billion for 2020, a 2.4percent growth from 2019. Despite the unprecedented situation caused by the pandemic, the company was able to grow the revenue through undisrupted supply and availability of products, innovation and renovation initiatives, numeric distribution expansion and investments behind the brands….
Trade deficit declined by 15pc MoM in January
Karachi, February 25, 2021: During January 2021, the country’s trade deficit declined by 15 percent MoM to US$2.3 billion, as per the SBP data. Receding import payments (down 12 percent MoM) were the primary reason for the lower trade deficit, where the petroleum group recorded the most significant decline (down 31 percent MoM), followed by…
Haleeb Foods partners with Bank of Punjab for financial assistance to its dairy farmers
Karachi February 26, 2021:Â Haleeb Foods Limited (HFL) the pioneer dairy processing company in Pakistan and Bank of Punjab (BOP) have entered into a far reaching collaboration to deliver easily accessible financing to dairy farmers associated with HFL. This initiative will enable the dairy farmers to avail affordable financing from BOP, on soft terms and lowest…
Likee rises in popularity in Pakistan
Karachi, February 26, 2021: Likee, a global short video platform with headquarters in Singapore, has been growing in popularity in Pakistan, and has now risen 14 places in rankings. According to App Annie, the leading global provider of mobile data and analytics, the number of Likee downloads from the Google Play Store ranks it as…
CPHGC Spent more than PKR 131 million on various sustainable CSR Projects in Baluchistan
CPHGC BAGS 4 CSR Award for their CSR Work in Balochistan Karachi, February 26, 2021: For the 2nd year running, China Power Hub Generation Company (Pvt.) Ltd was recognized for its outstanding commitment to local communities in Hub, Lasbella, Balochistan through sustainable CSR initiatives, at the 13th Annual CSR Summit 2021, held on 25 February 2021. The Honourable Governor of Punjab, Chaudhry…