Business
Soneri Bank-HBL Asset Management Signs Agreement
KARACHI, July 14, 2020: Soneri Bank Limited and HBL Asset Management Limited have signed a landmark agreement for distributing investment products through Soneri Bank’s branch network. The signing ceremony was held in Soneri Bank Head Office Karachi and attended by the CEOs of both organizations along with Senior Executives. Under the said agreement Soneri Bank…
Dawlance launches new refrigerators with Vitamin Fresh Technology
Karachi: 14th July, 2020: The leading manufacturer of innovative home-appliances – Dawlance has enriched its range of refrigerators by introducing its latest Series. Previously Dawlance introduced therevolutionary Nature Lock Technology in its series of refrigerators and now this latest series will also have Vitamin Fresh Technology that is capable of preserving vitamin A and C in fruits…
Archroma starts hand sanitizers production in Pakistan
KARACHI, July 14, 2020: Archroma, a global leader in color and specialty chemicals towards sustainable solutions, started bulk production of a new range of hand sanitizers at its Landhi site in Pakistan in May 2020. This production is as a part of Archroma active engagement in the fight against COVID-19. Kieralon® HS sanitizers are currently available in…
Pakistan received record workers’ remittances
KARACHI, July 13, 2020: Workers’ remittances rose by a significant 50.7 percent during June 2020 to reach record high USD 2.466 billion compared with USD 1.636 billion in June 2019. Similarly, on a cumulative basis, workers’ remittances increased to a historic high level of USD 23,120.7 million during FY20, witnessing a growth of 6.4% over…
IBA-Bank Alfalah launched scholarship fund
KARACHI, July 13, 2020: The Institute of Business Administration (IBA), Karachi and Bank Alfalah Islamic have announced the Alfalah Islamic Scholarship Program to provide financial assistance for five fresh undergraduate students for their entire first year. The MoU for this initiative was signed by CEO and President of Bank Alfalah Atif Bajwa and Executive Director IBA Dr….