Honda Atlas Cars Pakistan Ltd. (HCAR) has announced its financial results for the third quarter that ended December 31, 2021. In a notification to the Pakistan Stock Exchange, the company has reported a profit of Rs. 445.94 million during the third quarter down by 41 percent as compared to the same period of the previous financial year when it reported a profit of Rs. 751.80 million. According to a report by Topline Securities, the earnings of the company remained lower than expectations primarily due to lower-than-expected gross margins. ALSO READ Mari Petroleum Reports Modest Profit in 2QFY22 During the first…
Category: Tech and Telecom
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Here’s PM Imran Khan’s Special Message Before PSL 2022 [Video]
With the preparations of the Pakistan Super League’s seventh edition in full swing, even Prime Minister Imran Khan could not ignore the PSL hype. The former world cup winning captain and the current Prime Minister released a special message on Tuesday to mark the official beginning of the PSL season. ALSO READ Here’s PSL 2022 Official Anthem ‘Agay Dekh’ [Video] In a video, shared by the official Twitter handle of PTI, Imran Khan featured alongside the former teammate and current PCB Chairman, Ramiz Raja, as the Prime Minister gave his go-ahead for PSL 2022. Known for his determined attitude and…
Pakistani B2B Startups Can Now Apply for 2nd Cohort of Microsoft’s GrowthX Accelerator
Microsoft for Startups Middle East has announced its second round of applications for its GrowthX Accelerator Programme and it is currently accepting registrations for the next series of virtual conferences in the well-received Highway to 100 Unicorns virtual conference. The GrowthX Accelerator and Highway to 100 Unicorns are part of a broader strategic partnership between Microsoft and the Abu Dhabi Investment Office (ADIO). The programs have been imitated to accelerate opportunities for startups across the region, including Pakistan. GrowthX Accelerator was announced in January 2021 and officially launched in May 2021. The program brings together corporates with challenges and startups…
Law-GAT 2022: Deadline, How to Apply, Eligibility Criteria and List of Test Centers
For the law graduates who aspire to get registered with Pakistan Bar Council (PBC) as lawyers, the Higher Education Commission (HEC) has scheduled the Law Graduate Assessment Test (Law-GAT) for 20 February 2022 tentatively. The LLB graduates and those who have equivalent degrees from a university recognized by HEC or PBC can register themselves online through http://etc.hec.gov.pk by 7 February. According to HEC, the applicants will be able to download roll number slips through the website a week before the test date and will be required to furnish it along with the original CNIC before entering the test center. ALSO READ…
Here’s the List of All Broadcasters & Live Streaming Partners for PSL 2022
Pakistan Cricket Board (PCB) is determined to spread Pakistan cricket’s action all across the globe. In this regard, PCB has now signed deals with some of the best broadcasters and live streaming platforms around the world, including Fox Sports, ICC TV, Tapmad, Sony, and more. ALSO READ PTV Sports to Broadcast PSL 2022 in HD PCB has teamed up with Australia’s biggest sports broadcaster, Fox Sports, for telecasting the international matches to be played in Pakistan till April 2023. Fox Sports will also telecast the seventh and eighth edition of the Pakistan Super League. With this deal, the cricket fans…
12 NIC Startups to Participate in LEAP’s Startup Competition Next Month
Saudi Arabia will host the global technology conference LEAP from February 1 in Riyadh to address future challenges using technology. The conference will involve 350 speakers from 80 countries, as well as 700 innovators and startups from around the world with 40,000 local and international visitors. 12 National Incubation Centers (NICs) startups will be participating in LEAP. The startups are, ExpertFlow (Healthtech), Mapalytics (AR/VR), Stech (AI), Exbid (Shared economy), Student1stop (Edtech), TB-AI (Healthtech), BizB (Ecommerce), Smart Helmet (Cleantech), Asani.io (AI/Big data), Hukum Janab (Services), Mytm (Fintech) and Arm Rehab Technologies (Healthtech). ALSO READ PTV Sports to Broadcast PSL 2022 in…
Pakistan and Saudi Arabia to Partner for Success of Green Saudi Initiative
As a Saudi Arabian Environment Ministry delegation is on a visit to Pakistan, the two countries have vowed to develop a partnership on Green Saudi Initiative for a sustainable and healthy climate with confidence that the partnership will further strengthen the bilateral relations. Addressing a news conference along with Chief Executive Officer, Saudi Arabia’s Ministry of Environment, Dr. Khalid, in Islamabad on Tuesday, Special Assistant to the Prime Minister on Climate Change, Malik Amin Aslam, said the partnership would unfold a new chapter in the bilateral brotherly relations. ALSO READ Govt to ban Criminals Charged for Holding Specialized Positions He…
Govt to ban Criminals Charged for Holding Specialized Positions
The government has decided to ban people convicted for criminal offenses from holding ownership of or positions in Designated Non-Financial Business and Professions (DNFBPs), in compliance with the Financial Action Task Force’s (FATF) conditions. According to the FATF, real estate developers and agents, precious stones dealers, law firms, accounting firms, audit firms or insolvency firms, and company service providers fall in the category of DNFBPs. ALSO READ Why Global Housing Market Is Skyrocketing Pakistan deals with DNFBPs through the Anti-Money Laundering and Countering Financing of Terrorism Regulations in the country. In this regard, the Federal Board of Revenue (FBR) has…
Punjab to Establish a School of Public Order to Train an Anti-Riot Force
Chief Minister Punjab, Sardar Usman Buzdar, has announced to establish a school of public order to train an anti-riot force and officials of various sections. The announcement came during the Punjab Chief Minister’s visit to the Central Police Office (CPO) on Monday. “The police training schools are being established in Sahiwal, Sargodha, Toba Tek Singh, and DG Khan,” the chief minister said while addressing the police officers. ALSO READ Pakistan Issues $1 Billion Ijara Sukuk in Global Market He further informed that the construction of Chiniot Police Lines would be completed this year, and additional land would also be provided…
Transaction Structure Approved for Karachi Circular Railway
The 19th Public-Private Partnership Authority (P3A) Board meeting has decided the Karachi Circular Railway (KCR) project to be built on a Public-Private Partnership (PPP) basis, whereby the private sector would be responsible to finance the construction of the Civil Works, Electrical & Mechanical (E&M) components and Operations & Maintenance (O&M) of the project from its resources under a single package contract. Federal Minister for Planning Development & Special Initiatives, Asad Umar, chaired the 19th Public-Private Partnership Authority (P3A) Board meeting in Islamabad on Tuesday. ALSO READ State Bank to Punish Banks That Offer Poor Digital Banking Services The Board reviewed…
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