Vibrant News

            "Made in Pakistan" sounds simple enough, right? So if smartphones are now going through Local Assembly in Pakistan, why haven't prices dropped the way many people expected? It's a fair question, but the answer starts long before a phone reaches a local assembly line. While many smartphones sold locally carry an "assembled in Pakistan" label, local factories use SKD (Semi-Knocked Down) and CKD (Completely Knocked Down) kits to assemble phones, high-tech components like processors, OLED displays, and camera modules are still made abroad accounting for 70% to 80% of total manufacturing costs.

                                              The fallout from the Middle East conflict continues to impact the results from the ACCA and IMA Global Economic Conditions Survey (GECS). The survey was conducted between 3 and 17 June, before the renewed fighting and resumption of the U.S. naval blockade Over three-quarters of accountants globally reported increased operating costs in Q2 – above the previous record set in the aftermath of Russia’s invasion of Ukraine – amid soaring commodity prices and supply chain disruptions resulting from the conflict. Strikingly, 83% of CFOs experienced increased costs, following a record-breaking rise of over 20 percentage points from Q1. This is close to series peaks recorded in 2022 and 2023. Despite soaring costs, there was some recovery in confidence among accountants globally in Q2, from what was close to a record low in Q1. While the...

The Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), successfully ensured uninterrupted traffic flow on CBD Route 47 during the recent monsoon spell, demonstrating the Authority's commitment to developing climate-resilient and future-ready urban infrastructure. Despite heavy rainfall across Lahore, CBD Route 47 remained fully operational and free from water accumulation, providing commuters with a safe and smooth travelling experience. Over the 48-hour monsoon spell, Lahore received nearly 300 mm of cumulative rainfall across different parts of the city, creating significant challenges for traffic movement and urban drainage. Despite these extreme weather conditions, the dedicated management, Operations and Maintenance teams of CBD Punjab remained fully mobilized and successfully delivered the desired results. CBD Route 47, Kalma Chowk Underpass and Walton Road remained operational with uninterrupted traff...

  The Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has achieved a historic milestone by becoming the first development in Pakistan to receive Leadership in Energy and Environmental Design (LEED), for Communities Gold Precertification for its Quaid & Bab District from the Green Building Certification Institute (GBCI). The international recognition places CBD Punjab at the forefront of sustainable urban planning and reinforces its commitment to developing environmentally responsible, resilient, and future-ready communities. LEED for Communities is one of the world's most respected sustainability certification frameworks, assessing districts on key performance indicators including environmental stewardship, resilience, infrastructure, quality of life, mobility, governance and long-term economic sustainability. The Gold Level Precertification reflects the strength of CBD Punjab's master planning ap...

  The Punjab Central Business District Development Authority (CBD Punjab) has completed 80% of the finishing work on CBD Vertex, a landmark mixed-use development in the Lahore Prime CBD Quaid District. Spanning 100,000 square feet, the facility comprises two basement levels, a ground floor, and seven upper floors, with parking capacity for approximately 2,500 vehicles. Major finishing works, including elevation tile installation, parking markings, marble works, and epoxy flooring, are progressing rapidly. CEO CBD Punjab Imran Amin said the project reflects the authority's commitment to delivering world-class infrastructure that enhances urban mobility and supports Lahore's economic growth. Nearing completion, CBD Vertex will strengthen the city's commercial ecosystem and reinforce CBD Punjab's vision of developing Pakistan's most modern central business district.

                                                          Descon Engineering Limited has completed the manufacturing of two Steam Generation Packages @ 4 TPH - 6.50 Barg which comprises of Boiler Skid, Feed water Skid and chemical dosing skids with Plug and Play technology for a major greenfield gas processing project in the United Arab Emirates. The equipment was fully engineered and fabricated in Pakistan at Descon’s manufacturing facility and is now set for export to the UAE, where it will support critical operations through to commissioning. The successful execution of this project highlights Pakistan's growing capability to deliver high specification engineering solutions to international energy markets. By manufacturing complex process equipment that meets global quality and safety standards, Descon continues to demonstrate the stren...