KARACHI: Lucky Cement Limited has posted decline in profit after tax by 16 percent to Rs5.5 billion for first half of the year ended December 31, 2018 as compared with the profit of Rs6.54 billion in the same period of the last year.
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Port Qasim launches night navigation system
KARACHI: Pakistan has inaugurated the night navigation system for large vessels at Port Qasim, marking a significant milestone in the country’s maritime history.
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NBP becomes settlement bank for Mobi Direct Payment System
KARACHI: National Bank of Pakistan (NBP) has signed an agreement to become settlement bank for Mobi Direct’s digital payment system.
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UBL surrenders New York Branch license
KARACHI: United Bank Limited (UBL) officially communicated to the Pakistan Stock Exchange (PSX) on Tuesday that it has surrendered its New York branch license to the New York State Department of Financial Services (NYDFS) on January 28, 2019.
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Engro Vopak takes steps for women empowerment
KARACHI: Engro Vopak Terminal Limited in partnership with CIRCLE Women, a social enterprise focused on women’s economic empowerment, held Tech Karo’s Closing Ceremony on Monday, at the Karachi School of Business and Leadership.
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PIA starts monitoring of free tickets
KARACHI – Pakistan International Airlines (PIA) has initiated a comprehensive monitoring system for non-revenue passengers and government agency officials traveling on 100 percent free tickets, according to a recent notification issued by the national flag carrier.
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SECP asked to review CSR guidelines to align with SDGs
Ms. Zubaida Jalal, the Federal Minister for Defence Production, has called on the Securities and Exchange Commission of Pakistan (SECP) to review its guidelines pertaining to Corporate Social Responsibility (CSR) for the business sector, aligning them with the United Nations’ Sustainable Development Goals (SDGs) for 2030.
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PIA starts flight operation on three more routes
Karachi – In a bid to enhance air connectivity and offer more options to travelers in the region, Pakistan International Airlines (PIA) is set to commence additional flight operations on three key routes starting next month.
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Pakistan Oilfields’ profit jumps up by 66 percent in first half
KARACHI – Pakistan Oilfields Limited (POL) has reported a remarkable surge in net profit, with a substantial 66 percent increase for the six-month period ending on December 31, 2018.
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Attock Cement announces completion of Iraq project
Attock Cement Pakistan Limited (ACPL) has announced significant progress on its project in Iraq, confirming that the project is now at the commissioning stage. The company is set to begin production in the near future, marking a major milestone in their international expansion endeavors.
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