Business

Web Desk — The business community in Karachi has expressed grave concern over a growing menace of land grabbing amid a deteriorating law and order situation. Mohammed Idrees, President of the Karachi Chamber of Commerce and Industry (KCCI), said land grabbing activities were once again on the rise, especially in District West, Malir district, Scheme 33, and Jamshoro district, thus increasing …

Web Desk — Realmehas just announced a collaboration with Sajal Aly, a heavyweight in Pakistani film and television, as the brand ambassador for its new Realme 9 Series. Sajal’s first partnership with a smartphone brand is an exciting development, as realme is a brand that is passionate about collaborating with the movers and shakers of tomorrow, just like Sajal herself. …

Web Desk — An armored vehicle would be a good choice during these turbulent times to provide extra protection and ensure your safety. Well, maybe not the average person or family (yet), but if you are a wealthy, high-profile person who may be targeted, why not invest in a bulletproof, grenade-proof luxury sedan? If you need a ballistic solution, Inkas …

Web Desk — As Pakistan’s first and largest Islamic bank, Meezan Bank recently introduced mobile-based contactless payments to its customers through its Mobile Banking App. By using Near Field Communications (NFC) technology, the Meezan Mobile Tap & Go service allows customers to simply tap their Android smartphones at POS (Point of Sale) machines of merchant outlets that support NFC to …

SBP has directed banks to employ at least 20 percent of women by 2023. The State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Monday that gender diversity is critical to economic development and the inclusion of women in the financial system. On the eve of International Women’s Day, the SBP in collaboration with Bank Alfalah, Standard Chartered …

Web Desk — Sony will develop an electric car for Honda by 2025, MotorTrend has reported. Sony is sending clear signals that it intends to build electric vehicles, even showing concept versions of the Vision-S 01 sedan and Vision-S 02 SUV recently. Sony has no experience or infrastructure in building cars, and company executives admit as much, though the company …

Web Desk — According to the Food and Agriculture Organization (FAO), a Rome-based UN agency, food prices around the world hit a record high in February, thanks largely to a surge in vegetable oils and dairy products. FAO’s food price index, which tracks global food prices, averaged 140.7 points last month, compared to a downwardly revised 135.4 in January. That …

Web Desk — PayPal announced Saturday that it was suspending service in Russia in response to its invasion of Ukraine, adding to the list of firms retreating from the country. In a letter to the Ukrainian government, PayPal CEO Dan Schulman said: “Under the current circumstances, we are suspending PayPal services in Russia.” Ukraine’s minister of digital transformation, Mykhailo Fedorov, …

Web Desk — World’s top car-maker Honda has launched The All-New 2022 Honda Civic Sensing worldwide including Pakistan. The all-new 2022 Civic Sedan is a modern expression of Honda’s human-centered design philosophy. In Pakistan, this is Honda’s 11th Generation of Civic launched on 5th March 2022. Specifications: High-Resolution Navigation Screen. Equipped with an exceptional navigation screen evolved from previous generations …

Web Desk — Following the Russian invasion of Ukraine, experts believe that inflation in Pakistan is expected to rise further.According to Pakistan Business Council (PBC) CEO Ehsan Malik, Pakistan was already struggling to deal with the surge in global commodity prices, and the conflict between Russia and Ukraine would exacerbate the problem. He said, “We saw Brent crude oil cross …