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EcoStar launches Prince Series ACs featuring genuine T3 technology

Lahore: Many consumers remain unaware of what real T3 air conditioning technology truly means — and how rare it is to find in the market. With the launch of its new Prince Series, EcoStar is setting...

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BMP Progressive Declines New Alliance, Prioritizes Business Challenges

KARACHI: The Businessmen Panel Progressive (BMPP) has decided not to be part of any new alliance and will instead focus on raising a strong voice for the business community to support the improvement...

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Emirates Group achieves record profit of AED 22.7 bn (US$ 6.2 bn) in 2024-25

Emirates is the world’s most profitable airline, and Emirates Group the world’s most profitable aviation group in the 2024-25 reporting period:   DUBAI, UAE: The Emirates Group today released its...

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Aga Khan University’s Centre of Excellence in Women and Child Health Launches...

Quetta: The Aga Khan University’s Centre of Excellence in Women and Child Health (CoEWCH) at Aga Khan University, in collaboration with the Expanded Programme on Immunization (EPI) Balochistan, has...

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Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$ 15,482.6 million as of 02-May-2025. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State...

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CCP Approves Internal Merger of Franchisees into Stylo

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the proposed merger of eight single-member retail companies into Stylo (Private) Limited. The approved transaction...

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Quiet quitting: A modern workforce phenomenon challenging engagement models

Quiet quitting is a new workplace phenomenon where an employee completes just the minimum tasks required by the job while disengaging from other activity and emotional commitment. The aim of this paper...

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EFP, ILO Host Training Session to Boost Cotton Productivity in Punjab

KARACHI: The Employers Federation of Pakistan (EFP), with the support of the International Labour Organization (ILO), organized training sessions for cotton farmers and landowners in Bahawalnagar and...

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Press Release of Workers’ Remittances in April 2025

Workers’ remittances recorded an inflow of US$ 3.2 billion during April 2025.  In terms of growth, remittances increased by 13.1 percent on y/y basis. Cumulatively, with an inflow of US$ 31.2 billion,...

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SAI Urges Prime Minister to Withdraw Controversial Income Tax Ordinance

KARACHI: The SITE Association of Industry (SAI) has made an urgent appeal to the Prime Minister of Pakistan to withdraw the recently promulgated Income Tax Ordinance (Ordinance No. IV of 2025), citing...

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WEBCOP Condoles the Passing of Labor Leader Madam Kaniz Fatima

KARACHI: The Workers Employers Bilateral Council of Pakistan (WEBCOP) expresses profound sorrow over the passing of Madam Kaniz Fatima, affectionately known as “Baji,” after a prolonged illness. A...

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Moltiply Group sues Google for €2.97 billion over market dominance abuse

MILAN: Moltiply Group has filed a lawsuit against Google in a Milan court, seeking €2.97 billion ($3.34 billion) in damages for alleged abuse of market dominance. The case follows a European Union...

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Meezan Bank held a heartfelt event at its Head Office in Karachi to honor the...

Today, Meezan Bank held a heartfelt event at its Head Office in Karachi to honor the bravery of our Armed Forces in defending our homeland and to offer a Dua-e Shukar and to pray for peace and...

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SECP Proposes Framework to Strengthen Industry Associations and Promote...

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has released a Consultation Paper on Standard Principles for Recognition and Conduct of Industry Associations, introducing a...

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CCP Approves Majority Acquisition of Lotte Chemical by AsiaPak and Montage Oil

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of a majority stake in Lotte Chemical Pakistan Limited (LCPL) by M/s AsiaPak Investments Limited (APIL) and M/s...

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SHRC to provide technical support to GTR Tyres for new tyre designs

Karachi: A senior technical team of Shandong Hueshang Rubber Company (SHRC) recently visited Pakistan to discuss their plans of technical support to GTR Tyres. According to details, the senior...

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SBP has received 2nd Tranche from IMF under EFF program

IMF Executive Board completed the first review under the Extended Fund Facility (EFF) in its meeting held on 09May2025, and approved disbursement of SDR 760 million for Pakistan. Accordingly, SBP has...

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False Fuel Saving Claim: CCP imposes Rs. 40 Million penalty on Al-Ghazi Tractors

ISLAMABAD: Farmers across Pakistan, especially small landholders often make purchasing decisions based on savings and efficiency. For them, a claim like “ up to 30% extra diesel savings” can mean the...

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Amendment to Tax Ordinance Issued Without Stakeholder Consultation,...

Karachi: Chairman of the Businessmen Panel (BMP) and former FPCCI President Mian Anjum Nisar stated that the recently enforced Tax Laws (Amendment) Ordinance 2025 was issued without consulting relevant...

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SAI Chief Calls for Economic Revival After Military Success

KARACHI: Ahmed Azeem Alvi, President of the SITE Association of Industry, expressed deep gratitude for Pakistan’s recent military victory, attributing the success to divine support, public prayers, and...

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