It took realme three years to accomplish such an achievement since its inception in August 2018 while also leading the global smartphone growth board in Q2 with a YoY growth rate of 149% LAHORE ( Web News ) realme, a global emerging consumer technology company, today announced a milestone ofRead More →

ISLAMABAD ( Web News ) Pakistan’s largest Digital Bank, Mobilink Microfinance Bank Limited (MMBL) announced its financial results for the first half of the fiscal year ending June 30, 2021. The Bank reinforced its market standing as the leading Digital Bank by posting a 98% growth in total revenue withRead More →

KARACHI ( Web News ) Gallup Pakistan has released its 2nd Quarter 2021 Business Confidence Survey (BCS) Report. The report is based on a systematic survey of business community across all 4 provinces of the country with over 600 statistically chosen businesses from all over Pakistan. Gallup BCS has been runningRead More →

ISLAMABAD ( Web News ) The COVID crisis will leave many unwanted legacies. The world has been closely tracking the COVID-19 death toll, with official mortality counts now reaching over 4 million people, largely concentrated among adults. The children left behind have been practically invisible.  The toll is staggering Our estimatesRead More →

Banks’ lending to people at the lowest markup revives cars’ manufacturing sector, drives up vehicles’ demand in the country. Indus Motors alone records 48% growth in cars’ sales during Jan-March 2021. Written by .. Javed Mahmood ISLAMABAD Car sales in Pakistan during Jan-March period of 2021 demonstrated 76 percent staggeringRead More →

Supply to be provided over the course of 2021 Agreement is part of Pfizer’s and BioNTech’s global commitment to help address the COVID-19 pandemic ISLAMABAD ( Web News ) Pfizer Pakistan and BioNTech SE today announced an agreement with the National Disaster Management Authority, Government of Pakistan to supply 13 million doses of their COVID-19 Vaccine (BNT162b2). Deliveries are planned during course of 2021. “We are deeply honored to work with the Pakistan government and to marshal our scientific and manufacturing resources toward our shared goal of bringing a COVID-19 vaccine to the people of Pakistan as quickly as possible,” said Syed Muhammad Wajeehuddin, Country Manager Pfizer Pakistan. “In the face of this global health crisis, Pfizer’s purpose – breakthroughs that change patients’ lives – has taken on an even greater urgency. Our hope is that our vaccine will help make this happen.” “I would like to thank the Pakistan government for its support and putting trust in our ability to develop a vaccine that, we believe, has the potential to help address this global pandemic threat. Our goal remains to deliver a global supply of a well-tolerated and effective COVID-19 vaccine for many people around the world, as quickly as we can,” said Sean Marett, Chief Business and Chief Commercial Officer at BioNTech. Pfizer and BioNTech aim to manufacture more than 3 billion doses of their COVID-19 vaccine globally in total by the end of 2021, assuming updated six-dose labeling, continuous process improvements, expansion at current facilities and contingent upon adding new suppliers and contract manufacturers. The vaccine, which is based on BioNTech’s proprietary mRNA technology, was developed by both BioNTech and Pfizer, and the marketing authorization holder is BioNTech in the United States, Europe, U.K., Canada, and other countries.Read More →

ISLAMABAD ( Web News ) Dr. Vaqar Ahmed: We have moved away from the ideal and are willing to settle for less than desired local govt models. This has happened because local governments serve limited rather than community-wide objectives. We should also discuss how the usual election process has beenRead More →

ISLAMABAD ( Web News ) Seeing the impact of third wave of COVID-19, PTCL Group, as part of its social responsibility, has announced its commitment to support its 26,000 employees including its contractual employees and their dependents with COVID-19 vaccination in collaboration with the Government of Pakistan. PTCL Group, oneRead More →

LAHORE ( Web News ) Needless to say, how COVID-19 shaped the ecommerce industry. Business models for an entire fraternity changed and quickly adapted to the online marketplaces. For some, this transition to online shopping was quick, while for others it was challenging to convert visibility to sales. One ofRead More →

ISLAMABAD ( Web News ) Haji Ghulam Ali, Vice President SAARC CCI (Pakistan) said “While COVID-19 has impacted the whole world it has also effected trade and commercial relations of Pakistan with the neighboring SAARC countries”. He said that revival of commercial cooperation of Pakistan with the regional bloc hasRead More →

LAHORE ( Web News ) To mark its 135th anniversary, Coca-Cola announced to pledge a sum of PKR 5 billion for new global initiatives, where by top priority was marked on Covid-19 –Stop the spread initiative,for which PKR 3 billion will be spent on partnering with credible local not-for-profit entitiesRead More →