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ISLAMABAD – A World Bank study released Thursday advocates for Balochistan to capitalize on its significant variable renewable energy (VRE) resources. The report suggests this could transform the province from a power importer to an exporter, potentially supplying electricity to other provinces and international markets. Read also: Council of Islamic Ideology Urges Supreme Court to … Read more
GoodWe, a global leader in solar solutions and inverter manufacturing, has introduced its three-phase SDT G3 inverter to the Pakistani market, addressing the country’s growing demand for sustainable energy solutions. Read also: Fatal Hotel Collapse in Germany: One Dead, Eight Trapped Fahad Ali, Country head of GoodWe Pakistan, stated, “The demand for reliable and efficient … Read more
Major Chinese technology companies, including Huawei and Baidu, are rapidly acquiring high bandwidth memory (HBM) semiconductors from Samsung Electronics, according to three sources familiar with the matter. This surge in procurement comes as these firms anticipate potential US curbs on exports of these chips to China. Read aslo: Nadeem Secures Olympic Javelin Final Spot with … Read more
LAHORE – Packages Mall kicks off its annual Azadi Festival today, offering shoppers a chance to win a new car and other prizes throughout August. The festival, running from August 1 to 30, features a grand lucky draw for customers who spend Rs. 10,000 or more. The top prize is a brand-new car, with numerous … Read more
In a rapidly evolving transportation landscape, Evee has established itself as Pakistan’s top-selling electric scooter brand. The company is spearheading a shift towards eco-friendly urban mobility solutions in the country. Read also: Toyota’s Q1 Profit Surges 17% to $8.70 Billion, Plans $1 Billion Share Sale Evee’s rise to prominence stems from its vision to revolutionize … Read more
Toyota Motor Corporation reported a robust 17% increase in first-quarter operating profit, reaching 1.3 trillion yen ($8.70 billion). The Japanese automaker’s strong performance is largely attributed to favorable exchange rates and effective cost-reduction strategies. The company’s profit for the quarter ending June 30 surpassed last year’s figure of 1.1 trillion yen, aligning with analysts’ projections. … Read more
Bank Alfalah Limited (BAFL) announced strong financial results for the first half of 2024, with a profit after tax of PKR 20.609 billion and earnings per share of PKR 13.07. The bank’s Board of Directors approved these results on August 1, 2024, and declared an interim cash dividend of PKR 2.00 per share for the … Read more
Fauji Fertilizer Company (FFC), Pakistan’s leading fertilizer producer, has announced a record-breaking consolidated profit after tax of Rs25.01 billion for the quarter ending June 30, 2024. This marks a substantial increase from the Rs12.44 billion profit recorded in the same period of 2023, demonstrating the company’s robust financial performance. The FFC board of directors convened … Read more
Raeem International, previously known as Core Media Pakistan, has made waves at the OOH Advertising Awards India 2024, securing two international accolades for their groundbreaking digital out-of-home (DOOH) campaigns. The agency’s LUX campaign, “Illuminating The Story To Life,” earned a Silver Award, impressing judges with its creative storytelling and visual appeal. This campaign has also … Read more
In a significant development for Pakistan’s agricultural sector, AgriSense, a product of Concave Analytics, has introduced an innovative solution to address the long-standing issue of fragmented data in the industry. The company’s ‘Agri Portal’ dashboard is set to revolutionize decision-making processes for stakeholders across the agricultural value chain. Pakistan’s agricultural sector, despite being data-rich, has … Read more