Pakistan
Philip Morris Limited financial results for year ended Dec 31, 2019
Karachi, March 10, 2020: Philip Morris (Pakistan) Limited (PMPKL) announced an operating loss before tax of PKR 2,444 million for the year ended December 31, 2019. The Operating loss before tax was mainly due to the management decision to reorganize its operational footprint by closing its factory in Kotri, which was essential to ensure long…
Toyota Indus Motor bags MAP’s Corporate Excellence Award 2020
Karachi, March 10, 2020: Indus Motor Company (IMC) has won the Best Corporate Excellence Award in the category of Automobile Assembler, as adjudged by the Management Association of Pakistan (MAP) while recognizing and honoring companies that exhibit outstanding performance and demonstrating progressive management practices during the year 2019. The award was received by Mr. Mohammad…
PTC launches 2nd chapter of its exports initiative “Made in Pakistan”
Islamabad, March 10, 2020: Pakistan Tobacco Company Limited, a subsidiary of a British American Group (BAT), Monday launched its second chapter of the exports initiative “Made in Pakistan-2” and roadmap for future manufacturing investments to enhance exports. The event was graced by various dignitaries including economists, business maestros and important dignitaries from the Government’s economic,…
Malik Riaz, Hafiz Naeem ink accord on issues of Bahria Town affectees
Karachi, March 10, 2020: Bahria Town Group Chairman, Malik Riaz Hussain and Ameer Jamaat-e-Islami (JI) Karachi, Hafiz Naeem-ur-Rehman with consent of affectees of Karachi on development charges and other issues has inked an accord. Talking to journalists at Idara Noor-e-Haq, Hafiz Naeem informed them that after meeting with Malik Riaz and other stakeholders, an agreement…
Hisense unveils new lineup of split and floor standing air conditioners
Karachi, March 10, 2020: Tri-Angles Electronics (Pvt.) Ltd. – the official manufacturers and distributors of Hisense LED TV in Pakistan today unveiled their new lineup of Split type and Floor Standing type Air Conditioners in Pakistan. Tri-Angels started with a small-scale unit and launched a state-of-the-art LED TV manufacturing facility in the year 2018 in…