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Business & Finance

Siraj Teli urges Sindh Government to completely do away with ongoing lockdown at least during last week of Ramadan

By Rafiq Vayani
May 17, 2020 UTC
in :  Business & Finance, News

By Rafiq Vayani KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has urged the Sindh Government to completely do away with the ongoing lockdown at least during the last week of Ramadan ul Mubarak in which all the shops and shopping malls be permitted to operate 24-hours a day, which …

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Lipton weaves threads of hope amidst Covid-19 with its new digital film

By Rafiq Vayani
May 16, 2020 UTC
in :  Business & Finance, News

KARACHI: Lipton Pakistan is bringing loved ones together in a time of crisis and uncertainty with its new digital film. One of the world’s leading tea brands, owned by Unilever, unveiled the digital film that aims to bring hope and positivity amongst the people during these difficult times. Showcasing the everlasting connections and love, the advert highlights the essence of …

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Easypaisa facilitating real time International Remittances during COVID-19 pandemic

By Rafiq Vayani
May 16, 2020 UTC
in :  Business & Finance, News

News Desk KARACHI: Easypaisa, Pakistan’s leading mobile platform, is offering easy and convenient international remittance services to provide much needed relief to consumers amid the difficulties caused due to the Covid-19 outbreak. Through digital partners including Xpress Money (Worldwide), Valyou (Malaysia), Small World (Europe), Hello Paisa (Africa) and Rocket Remit (Australia), Easypaisa users can now receive international payments directly into …

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Haleeb Foods appoints Syed Mazher Iqbal as CEO

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News

KARACHI: The Board of directors of Haleeb Foods Limited (HFL) appoints Syed Mazher Iqbal as CEO effective April 2020; Mr. Iqbal is a certified director and a fellow member of the Institute of Chartered Accountants of Pakistan.  Mr. Iqbal brings to HFL over three decades of senior management experience of local and multinational companies including manufacturing concerns as well as commercial and …

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PTCL supports Shaukat Khanum Research Center

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News

ISLAMABAD: As part of PTCL’s Coronavirus support and relief package, the company is supporting Shaukat Khanum Research Center for the purpose of enhancing Coronavirus testing facilities. Nadeem Nazir, GM HR, PTCL is presenting cheque to Nadeem Hashmi, Marketing Head, Shaukat Khanum Research Center, along with Akram Zubair, GM Admin & Security, PTCL and Zeeshan Sarwar, Head of Corporate Collaboration, Shaukat …

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Air Arabia reports solid first quarter 2020 net profit of AED 71 million

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News, Travel

News Desk SHARJAH: Air Arabia (PJSC), the Middle East & North Africa’s first and largest low-cost carrier, today reported a profitable first quarter (January to March) 2020 despite COVID-19 impact on the carrier’s first quarter financial and operational performance. Air Arabia reported a net profit of AED 71 million for the three months ending March 31, 2020, a 45 percent less than the …

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ITU leads global efforts to commemorate World Telecommunication and Information Society Day amid COVID-19 pandemic

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News

GENEVA: World Telecommunication and Information Society Day (WTISD) marks the anniversary of the founding of the International Telecommunication Union (ITU) on 17 May 1865, when the first International Telegraph Convention was signed in Paris. The theme of this year’s World Telecommunication and Information Society Day (WTISD) is “Connect 2030: ICTs for the Sustainable Development Goals (SDGs)”. It reaffirms ITU’s commitment …

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airBaltic restarts flights from Riga to Tallinn and Vilnius

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News, Travel

RIGA: After a decision from the Government of Latvia to enable international passenger traffic between Baltic states and receiving all of the necessary permissions, on May 18 airBaltic will resume daily direct flights from Riga to Tallinn and Vilnius. Martin Gauss, CEO of airBaltic: “We provide the best connectivity to and from the Baltics. Now we return with a clear target to maintain our …

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Lufthansa Group Airlines will bring Dubai back to its schedule

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News, Travel

News Desk FRANKFURT: Starting at the beginning of June, Lufthansa will be offering again a resumed flight service from Dubai to Frankfurt. The flight offer from the United Arab Emirates will thus resume with three weekly departures. These new connections are part of the overall restart of schedules containing at the end of June 180 destinations. The Lufthansa Group connections …

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Hysab Kytab unveils impact of COVID-19 on consumer spending in Pakistan

By Rafiq Vayani
May 14, 2020 UTC
in :  Business & Finance, News

News Desk KARACHI: In its first ever webinar, attended by over 800 participants, Hysab Kytab shared their insights on the impact COVID-19 has had on consumer spending in Pakistan. A fintech solutions provider, Hysab Kytab, revealed intricate details regarding the changes that have come about in consumer spending as a result of the coronavirus crisis. The information, which was gathered using …

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