Vibrant News

             Syngenta Pakistan Limited, a leading agriculture innovation and technology company that provides crop protection, seeds, and digital services to millions of Pakistani farmers, has launched the mega version of ‘Cropwise Grower’ mobile application in a high-powered meeting which was graced by Ms. Shaza Fatima Khawaja, Federal Minister of State for IT & Telecommunication, as the chief guest. Cropwise Grower app is a free-of-cost, highly innovative digital solution to engage & advise the Pakistani farmers to enhance their farm productivity offering multiple features including instant detection & diagnosis of crop-diseases, pests & other threats to the crops. Covering over 3 million acres of farmland, the app’s ‘Scan, Detect and Diagnose’ feature called Crop Doctor is powered by the most advanced ‘Artificial Intelligence’ (AI) based mechanism which provides a one-stop solution to farmers to identify crop problems and address the...

                                                    The excitement reverberated through Lahore's bustling streets as the city's first-ever Jeep Rally flagged off in a grand ceremony held at Pakistan's pioneering Central Business District Punjab (CBD Punjab). Organized jointly by the Ravi Urban Development Authority (RUDA) and the Tourism Development Corporation Punjab (TDCP), with the generous support of CBD Punjab, the event marked a significant milestone in Pakistan's motorsport and tourism landscape. The flag off ceremony of rally titled Lahore Ravi Rally Cross, held at CBD Punjab Quaid District Lahore Prime, was a testament to the collaborative efforts of various stakeholders. CBD Punjab spared no effort in adorning the entire area with vibrant race flags and banners, setting the stage for an exhilarating start to the rally. The esteemed Chief Guest, COO ...

                                                    In a significant stride towards realizing the vision of Pakistan's first Souq, The Grand Souq Lahore (GSL), Central Business District Punjab (CBD Punjab), in collaboration with Star Marketing, proudly inaugurated the site office for GSL. This development marks a pivotal moment in the journey towards establishing a landmark destination for commerce, culture, and community in Lahore. The inauguration ceremony was graced by the esteemed presence of COO CBD Punjab, Brigadier (R) Mansoor Janjua. Joining him were distinguished personalities including Director Business Development CBD Punjab, Ali Waqar Shah, Director Marketing CBD Punjab, Waseem Siddiq, Ali Habib, Regional Director Punjab, Star Marketing, Faisal Butt Manager Sales & Marketing, star Marketing, Danyal Hassan Manager Sales & Marketing, St...

                                               In acknowledgment of its efforts in promoting women empowerment and fostering a diverse and fair workplace environment, P&G Pakistan today was awarded with the prestigious 'Champion of 2023' title at the 6 th   annual OICCI Women Empowerment Awards hosted by the Overseas Investors Chamber of Commerce and Industry (OICCI).   OICCI, the oldest and largest investment chamber, plays a major role in the growth of commerce and industry in the country with 200 plus members representing 35 different countries and 14 different sectors of trade and industry. OICCI Women Empowerment Awards are the continuation of the OICCI Women initiative which was launched to encourage member companies to become role models to empower women in the workforce and create gender equality within their respective organizations.   Promo...

                                                              Standard Chartered Bank Pakistan Limited (SCBPL) delivered a strong performance, that has led to a growth of 53% in profit before tax to PKR 24.7 billion. Overall revenue grew 44%, whereas client revenue increased by 36% year on year with positive contributions from all segments. While operating expenses increased 22% from comparative period in line with inflation, bank continues to lead the industry with the lowest cost to income ratio of 17%. Moreover, lower impairments as a result of prudent risk approach coupled with recoveries of bad debts led to a net release of PKR 0.5 billion in Q1’24 compared to a net charge of PKR 0.2 billion in the comparative period. On the liabilities side, the Bank’s total deposits stand at PKR 765bn; up by PKR 45 billion, whereas current acco...

Pak-Qatar Asset Management Company Limited (PQAMC) is a leading pure Islamic asset management company in Pakistan, and part of Pak-Qatar Group, which is Pakistan’s pioneer and premier Islamic financial services group. PQAMC has recently announced the monthly dividend of Pak-Qatar Monthly Income Plan (PQMIP) under PQAMC's Shariah-Compliant Income Fund. The plan is also amongst the highest return paying plan in the category. As per the PQAMC Website, PQMIP announced dividend is PKR 1.4074 per unit for the month of April’24 taking cumulative payout to PKR16.7996 per unit with an annualized return of 22.29% YTD earned as on April 26, 2024. PQAMC is rated AM2 with ‘Stable Outlook’ by PACRA - the internationally acclaimed rating agency. The PQMIP plan is also rated A+ with a ‘Stable Outlook’ by PACRA. The Chief Executive Officer of Pak-Qatar Asset Management Company Limited – Mr. Farhan Shaukat has approved the distributions of dividends for the month of April 2024, under the authority d...

                                          Secretary Housing, Urban Development & Public Health (HUD & PHE) Punjab, Captain (R) Asad Ullah Khan, made a significant visit to the Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), upon his arrival, Secretary Asad Ullah Khan was warmly welcomed by the CEO of CBD Punjab, Imran Amin.  The visit commenced with an introductory meeting, chaired by Secretary HUD & PHE Captain (R) Asad Ullah Khan. The meeting was attended by  Additional Secretary HUD & PHE Omar Farooq, Executive Director Technical CBD Punjab, Riaz Hussain; Executive Director Legal CBD Punjab, Barrister Bilal Afzal Khokhar. Director Architecture and Planning CBD Punjab, Sameer Aftab Sial, Director Business Development CBD Punjab, Ali Waqar Shah, Director Project Management CBD Pun...