Economy
Descon and IFC sign strategic partnership to tackle Pakistan’s annual postharvest losses in staple grains
Karachi , February 02, 2024 : In a groundbreaking initiative aimed at addressing the significant postharvest losses of wheat, rice, and maize in Pakistan, Descon (under its Agri Business Line) and the International Finance Corporation (IFC) have officially signed a Memorandum of Understanding (MoU). This strategic alliance aims to address the yearly postharvest losses of…
Grenlit studios secures exclusive Shark Tank license from Sony pictures television for ground breaking Pakistani production
Karachi, February 02, 2024 : Grenlit Studios, proudly announces a monumental leap forward with the acquisition of the Shark Tank license from Sony Pictures Television. This will bring the globally acclaimed entrepreneurial reality show to Pakistan, showcasing the nation’s business prowess on an international stage. Launched in 2001, as Tigers of Money in Japan, created…
Five-day exhibition Ambiente, Frankfurt successfully concluded
Karachi , February 01, 2024 : The 5-day trade exhibition Ambiente in Frankfurt, Germany, organized by Messe Frankfurt, has concluded successfully. This exhibition started from January 26 to January 30, 2024. Exhibited. After an energetic five-day event, the premier trade fair Ambiente 2024 concluded. With 4,928 exhibitors, the largest global platform for consumer goods showcased the…
Shell Pakistan conducts free eye camps for mechanics in collaboration with LRBT
Karachi, February 01, 2024 : Shell Pakistan Limited (SPL) organized an eye camp for mechanics in partnership with Layton Rahmatulla Benevolent Trust (LRBT). The mechanics were provided free eye screening to ensure healthy eyesight. As part of its community outreach program, SPL, in collaboration with LRBT, has been providing eye testing to community members. The…
Sustained rising momentum in exports in Jan 2024
Pakistan, February 01, 2024 : Federal Minister for Interior Commerce and Industries, Dr. Gohar Ejaz is pleased to announce the positive trend in Pakistan’s exports. The Minister said, “Alhamdolillah, Pakistan’s Exports in Jan 2024 have increased by 26.9% to $2.786 billion from $2.195 billion in Jan 2023.” The imports during the same period decreased by…