News

Punjab govt bid to control sugar price

LAHORE: In a bid to control the rising prices of sugar, the Punjab government promulgated an order late on Friday evening, authorising the cane commissioner and deputy commissioners to regulate trade of the commodity, from fixing the rate to storage, transport and distribution of the sweetener. The Punjab Foodstuffs (Sugar) Order, 2023 issued under Section 3 of the Punjab Foodstuffs (Control) A

COMPANY NEWS

1- IBA, Bank Islami, programme for youth.... 2- Bank Alfalah launches #GreenWayForward .... 3- Greenfield refinery project .... 4- ‘People First 10.0’ initiative ....

The echoes of Sisyphus’s struggle

In Greek mythology, Sisyphus faced an eternal chore: he had to push a large rock up a hill. However, whenever he neared the top, the sheer weight of the rock would overwhelm him, his arms would give way, and the boulder would roll back down the hill. As a result, Sisyphus had to start the laborious task all over again. Despite the endless nature of his punishment, one wonders if Sisyphus experi

Digital banks: force multipliers?

On January 13, 2023, the State Bank of Pakistan (SBP) issued five retail digital banks (RDB) No-Objection Certificates. The SBP communication advised that the successful applicants were Easypaisa Digital Bank (Alipay and Telenor), Hugo Bank (Getz, Atlas, and M&P), KT Bank (Kuda, Fatimah Fertiliser, and City School), Mashreq Bank, and Raqami Islamic Digital Bank (PKIC, Enertec, and Planet N). It al

CORPORATE WINDOW : The struggles of Pakistani Brits

The world is watching. Ignoring the standards of governance in social, political and economic spheres entails costly consequences. Pakistan desperately needs both goodwill and material support from people, nations and institutions to slowly and steadily rebuild trust, which is essential not just for progress but also for the country’s sustainability. It needs to be more mindful. “The tolerance