FPCCI calls for immediate measures for rehabilitation of Karachi

Karachi, August 31, 2020 (PPI-OT): Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed serious concern, sorrow and grief over the loss of lives and damage to property caused by torrential rains in Karachi. In a statement on Monday, Mian Anjum Nisar, President, Sheikh Sultan Rehman and Khurram Ejaz, Vice Presidents of FPCCI regretted that heavy rains have inundated the entire city and severeRead More…

SOSV backs e-Commerce platform PriceOye.pk

Lahore, August 31, 2020 (PPI-OT): PriceOye.pk, Pakistan’s leading e-commerce platform, announced that it has raised an undisclosed amount of funding in its ongoing Pre Series A round led by the US-based venture capital fund SOSV. Last year, the company announced its seed funding round led by Fatima Ventures.
“Pakistani consumers are ready for world-class online shopping experience, and PriceOye.pk has proven itseRead More…

Standard Chartered Pakistan announces H1 2020 results

Karachi, August 31, 2020 (PPI-OT): Standard Chartered Bank (Pakistan) Limited today announced its H1 Results for 2020. The Bank performed exceptionally well in H1 2020 and delivered Profit before tax of PKR 16.2billion, which is 26per cent higher than corresponding period last year. With Revenue of PKR 23.5billion, the overall revenue growth was 26per cent, whereas client revenue increased by 27per cent year on year Read More…

Meezan Bank to Provide Financing to Small Karyana Stores

Karachi, August 31, 2020 (PPI-OT): Meezan Bank has announced a ground-breaking partnership with Finja, the country’s first dual-regulated fintech (regulated by SBP and SECP), to support MSMEs (Micro, Small and Medium Enterprises) through Shariah-compliant digital financing.
Local small businesses play a major role in the country’s economy but unfortunately, this sector has had limited access to the formal financiRead More…

OPPO to Unveil Its Reno4 Series On 10th September

Lahore, August 31, 2020 (PPI-OT): OPPO, the leading global smart device brand, announced that the all-new Reno4 Series will be launched in Pakistan on 10th September 2020.
Following the successful launch of Reno4 Series in China last month, OPPO will deliver Reno4 Series to other markets, with some adjustments tailored to local consumer needs and new features to deliver a trendsetting experience to global users. The Read More…

Six more coronavirus patients died in country –

Islamabad, August 31, 2020 (PPI-OT): As many as 213 new coronavirus cases were reported in Pakistan on Monday while six more patients died of the virus disease. The country-wide death toll from the virus has surged to 6,294 so far since the outbreak of the disease in February.
According to the Ministry of National Health Services, Regulation, and Coordination data, a total of 295,849 people have been tested positive Read More…

All resources being utilized to deal with Karachi emergency situation: Shibli Faraz

Islamabad, August 31, 2020 (PPI-OT): Minister for Information and Broadcasting Shibli Faraz has said that all resources are being utilized to deal with the emergency situation in Karachi without any political discrimination. In a tweet on Monday, he said the federal government and its affiliated agencies are providing all possible assistance to the provincial government of Sindh. He said due to the rains, the people Read More…

Pakistan Air Force distributes ration in rain affected areas of Karachi

Islamabad, August 31, 2020 (PPI-OT): Keeping the tradition of serving the nation during natural calamities, Pakistan Air Force (PAF) came to the succour of rain affected families of Karachi. On the special instructions of Air Chief Marshal Mujahid Anwar Khan, Chief of the PAF, the PAF Bases situated in Karachi are actively participating in relief operations in the rain affected areas, says a press statement issued byRead More…

PITB’s Tech Incubator “Plan9” Opens Three-Day Launchpad-15

Lahore, August 31, 2020 (PPI-OT): The Punjab Information Technology Board’s Tech incubator Plan9 opened a three day biannual Launchpad event from 24th to 26th August 2020. With registration of over 60 startups in Elevator Pitch Round from AI, Fintech, EdTech, Hardware, E-Commerce, SaaS and HealthTech.
These startups were judged by the domain expert judges. Elevator day judges were Abdul Ghaffar (Goodlife), Bilal,J.Read More…

IG Punjab visited CPO control room on Ashura day, issued important instructions to RPOs, DPOs

Lahore, August 31, 2020 (PPI-OT): Inspector General of Police Punjab Shoaib Dastgir commended all RPOs, CPOs and DPOs, including CCPO Lahore, for ensuring the best security arrangements in all the districts of the province during the 10th of Muharram and said that in general, and on Ashura Day in particular, not only the department but the entire nation is proud of you for the spirit with which the police force perfoRead More…