Annual Archives | The Biz Update

Business

IMC Honored with 4 Awards 10th Annual Intn’l Corporate Social Responsibility Summit & Awards

The Biz Update4 years ago1 year ago03 mins

Karachi, February 10, 2021: Indus Motor Company (IMC) has been recognized by The Professionals Network (TPN), Pakistan for its exceptional contribution towards social development, bagging awards in four categories at the 10th Annual International Corporate Social Responsibility Summit and Awards 2021. The awards were presented by President, Karachi Chamber of Commerce and Industry, Mr Shariq Vohra. The award…

Top News

Annual Italian Cuisine Week in Karachi

The Biz Update4 years ago1 year ago03 mins

Karachi, 8th December, 2020: The Italian Consulate in Karachi has organised its annual “Week of Italian Cuisine in the World”, the thematic review dedicated to the promotion of quality Italian cuisine and food products, in Karachi from December 9 to16. The highlight of the celebrations is the participation of award winning Chef Marco Saracino in different activities including a training workshop…

Top News

K-Electric holds 110th Annual General Meeting!

The Biz Update4 years ago1 year ago06 mins

Karachi, November 26, 2020: K-Electric (KE) held its 110th Annual General Meeting (AGM) for FY 2020. With the on-going COVID-19 pandemic, the AGM was hosted virtually. The meeting was chaired by Shan Ashary, Chairman of the KE Board, with Moonis Alvi, Chief Executive Officer, KE also in attendance, along with Aamir Ghaziani, Chief Financial Officer, Rizwan…

Economy

SBP releases annual report on State of Pakistan’s Economy

The Biz Update5 years ago06 mins

Karachi, October 30, 2019: State Bank of Pakistan has released its Annual Report on The State of Pakistan’s Economy for the fiscal year 2018-19 today. According to the report, several policy measures were taken during the year to manage the twin deficits crisis. In particular, adjustment of exchange rate to market fundamentals, curtailment in public…

Business

Byco Petroleum reports annual gross profit of Rs1.9 bln Amid Industry-Wide challenges

The Biz Update5 years ago1 year ago04 mins

Karachi, September 24, 2019: Byco Petroleum Pakistan Ltd. gross turnover increased by 17 percent from the previous year to Rs. 251 billion following an increase in oil prices and Rupee’s devaluation. Pakistan’s economic growth slowed considerably to nine-year lows of 3.3% in the previous fiscal year. The oil sector witnessed a 22% decline in consumption….