AHS Nexus revolutionizes digital innovation with advanced data solutions
AHS Nexus is a pioneering educational and consultancy hub dedicated to empowering individuals and businesses with its advanced data-driven solutions. AHS Nexus offers a comprehensive range of services, including expert consultancy, advanced IT solutions and trusted halal certification. The goal is to bridge the gap between theory and practice, equipping individuals with the skills and knowledge to succeed in today’s dynamic world.
Founded with the vision to accelerate technological advancement, AHS Nexus collaborates with top-tier institutions to design and implement next-generation digital solutions that meet the unique needs of the IT sectors. The company’s dedication to operational efficiency and digital transformation has made it a trusted partner for businesses seeking scalable, adaptive solutions for a rapidly changing global environment.
AHS Nexus also plays a vital role in meeting the growing global demand for halal certification, ensuring that businesses operate in line with ethical standards. As the digital transformation continues to reshape industries, AHS Nexus is committed to delivering solutions that not only address today’s challenges but also future-proof organizations for tomorrow’s needs.
Muhammad Humail Arif, CEO of AHS Nexus, said, “we are driven by a commitment to excellence, integrity and community”. We believe in empowering individuals to unlock their full potential through innovation and ethical practices. Our advanced IT solutions are designed to optimize operations, improve efficiency, and catalyze digital transformation. We invite you to join us on a journey of growth, learning and success”.
AHS Nexus is dedicated to continuously evolving its services to meet the complex needs of modern industries, focusing on advanced IT solutions, trusted halal compliance services and distance learning opportunities. With a focus on collaboration, innovation, and sustainability, AHS Nexus is positioning itself as a leader in the technology sector and a key driver of positive change.
Record remittances help plug trade gap: Mian Zahid
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board, and the President and former provincial minister, Mian Zahid Hussain, said on June 12 that despite intense economic pressure and global uncertainty, remittances from overseas Pakistanis continue to rise to act as a stabilising force for the national economy.
He stated that the record increase in remittances is proof that the state is capable of timely and effective economic management. These inflows have played a decisive role in stabilising the economy and closing the massive trade deficit of $28 billion.
Mian Zahid Hussain highlighted that Pakistan received $3.7 billion in remittances in May 2025, reflecting a 16 percent monthly increase and a 14 percent rise compared to May last year. This marks the second-highest monthly inflow in the country’s history, surpassed only by the $4.1 billion recorded in March 2025.
Speaking to the business community, the veteran business leader noted that, aside from seasonal spikes during Ramazan and Eid, the stable currency exchange rate and stringent actions against the informal hawala-hundi system have led to a greater reliance on formal remittance channels. This shift has improved both the transparency and volume of remittance inflows.
From July 2024 to May 2025, total remittances reached $34.9 billion, 29 percent higher than the $27.1 billion received during the same period in the previous fiscal year. As of April 2025, remittances had reached $31.2 billion, representing a year-on-year increase of 30.9%. In light of this sustained growth, the State Bank of Pakistan has revised its full-year remittance projection from $36 billion to $38 billion.
He observed that the latest Economic Survey acknowledges that remittances have played a pivotal role in improving external accounts and turning the current account into a surplus. During the period from July to April, a current account surplus of $1.9 billion was recorded, compared to a deficit of $1.3 billion in the same period last year, representing a significant turnaround.
Mian Zahid Hussain further said that these inflows have contributed to an increase in national income, improved per capita earnings, and offered some relief to households burdened by rising living costs.
However, he warned of looming threats, including shifting immigration policies in host countries and geopolitical tensions such as the Israel-Iran conflict, which could disrupt the momentum of remittance flows.
To address these risks and sustain economic progress, he urged the government to promote domestic industrialization and aggressively expand exports. Solving the problems faced by the export sector, he said, is essential for job creation and long-term economic resilience.
Mian Zahid Hussain emphasized the importance of protecting the remittance ecosystem by providing enhanced diplomatic and legal support to overseas Pakistanis, as well as further strengthening the formal banking system. These steps, he said, are crucial to maintaining the current pace of inflows and ensuring macroeconomic stability.
Sindh budget widens deficit, overlooks crumbling infrastructure: PRAC
Khurram Akhter
The Policy Research and Advisory Council (PRAC) has expressed serious concerns over the Sindh Budget for 2025-26, citing its failure to address the province’s most urgent challenges. Despite a 17% increase in total receipts, the budget projects a deficit of Rs. 38.5 billion, reflecting a shift from the balanced budget of FY 2024-25. This widening fiscal gap, driven by an 18.3% rise in total expenditures to Rs. 3,450 billion, outpacing the 17% increase in receipts, projected at Rs. 3,411.5 billion, signals the growing strain on Sindh’s financial resources. It underscores the future challenges in balancing fiscal responsibility with rising expenditure demands.
PRAC Chairman, Mohammad Younus Dagha, recognized the Sindh Government’s efforts to simplify taxes and remove five levies (including Professional Tax, Cotton Fee, Entertainment Duty, Local Cess, and Drainage Cess). However, he stressed that these measures, while positive, are insufficient to foster long-term economic growth and address the pressing needs of the province.
The budget also shows only a marginal increase in local government (LG) allocations, from Rs. 162.5 billion in FY25 to Rs. 165 billion in FY26. However, the share of LGs in the total General Revenue Receipts has further declined from 6.7% in FY25 to just 5.8% in FY26 — down from 16% in FY2012. This continued reduction in LG funding hampers decentralization and weakens the ability of local governments to provide effective services.
Despite considering an increase in the minimum wage, PRAC highlighted significant implementation gaps. Many industries still fail to comply with the mandated Rs. 37,000 minimum wage, raising concerns over the government’s capacity to enforce such policies.
“The budget reflects the government’s priorities, and it is clear that both the federal and Sindh budgets continue to neglect Karachi and its critical challenges,” remarked Mr. Dagha. Despite a 16.7% increase in federal transfers, the Sindh Government has failed to allocate sufficient resources for Karachi’s development.
Karachi, the economic powerhouse of both Sindh and Pakistan, continues to suffer from chronic underinvestment. Although the city generates a substantial share of Sindh’s and the national revenue, minimal attention has been paid to its development in both the federal and provincial budgets. The Sindh Government has allocated Rs. 520 billion for its Provincial Annual Development Program (ADP) in FY26, an increase from Rs. 386.3 billion in FY25. However, district ADP allocations remain stagnant at Rs. 55 billion, with no significant increase to address Karachi’s infrastructure needs. Additionally, the Federal Public Sector Development Program (PSDP) has decreased from Rs. 79.7 billion to Rs. 76.6 billion, reflecting a -4% decline. This stagnation in key development expenditures undermines efforts to address Karachi’s urgent infrastructure issues such as water scarcity, deteriorating roads, and failing public transportation systems. Although Rs. 8.3 billion has been allocated for Karachi’s mega projects in FY26, up from Rs. 5.6 billion in FY25, this increase remains grossly inadequate to address the city’s infrastructure decay.
Additionally, the Sindh Budget has once again overlooked the long-standing demand for the implementation of Provincial Finance Commission (PFC) awards, continuing to delay essential fiscal decentralization reforms. Despite nominal increases in allocations for Education and Health, systemic issues persist. Sindh’s education crisis deepens with enrollment rates declining from 51% in 2007-08 to just 45% in 2019-20, and literacy rates stagnating. Inadequate health services are evident in the province’s child immunization rate of just 61% (ages 12-23 months), compared to 90% in Punjab and 68% in KPK in 2020. These persistent deficiencies, coupled with the reduced resources for local governments (shrinking from 16% of revenue in FY2012 to 5.8% in FY26), hinder both human development and economic growth potential.
PRAC urges the Sindh Government to adopt a more prudent, equitable, and transformative fiscal approach that ensures sustainable development and effective governance across the province.
Mian Zahid urges rethink as solar tax threatens energy security, small businesses
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board, and the President and former provincial minister, Mian Zahid Hussain, on June 16, urgently expressed concern over the proposed 18% sales tax on solar panels in the upcoming federal budget.
He stated that this announcement has raised alarm among economic and energy experts as well as the general public. While the intention behind this measure is to protect local solar panel manufacturers, boost revenue, and control imports, it also poses a risk of dampening the rising public shift towards renewable energy.
Speaking to the business community, the veteran business leader emphasized that in a country like Pakistan, where the energy crisis remains a chronic issue, encouraging solar technology is the only sustainable solution. Any step that discourages the use of alternative energy sources must be avoided, he said.
He acknowledged that the state’s financial needs are valid. Still, he emphasized the importance of aligning fiscal decisions with public demand, environmental protection, and long-term strategic objectives. Imposing a tax on solar panels, he warned, will not only demotivate household consumers but also negatively impact small businesses that have adopted solar power as a means of shielding themselves against load shedding.
Mian Zahid Hussain said that this could lead to increased operational costs and reduced competitiveness in the market, and proposed that the government adopt a phased or targeted policy under which low-income consumers and rural areas receive special concessions, ensuring that the national drive toward energy self-sufficiency is not compromised.
This could involve a gradual increase in the tax rate over a period of time, with exemptions for certain categories of consumers. He added that while reducing reliance on imported solar equipment and encouraging domestic manufacturing is essential, which could lead to job creation and price stability, this transition will take time and cannot be rushed.
He pointed out that the global consensus recognizes the critical role of renewable energy in reducing carbon footprints and mitigating climate change. Therefore, damaging this sector in Pakistan would be an ill-advised move. Mian Zahid Hussain further urged the government to reconsider its budgetary decisions and develop a policy that prioritizes public interest, environmental stability, and long-term energy availability, thereby giving current and future generations a reason to hope for a brighter future.
He cautioned that failure to initiate stakeholder consultations immediately could erode the confidence of the solar industry and stall further investment. Hence, he stressed that all stakeholders, including the government officials, policymakers, business community, and the general public, must be involved in the policy-making process to ensure a sustainable and widely acceptable solution.
PTCL Group & TPL Insurance Partner to Enable Device Financing for Enterprises through Financial Guarantee Framework
Pakistan’s largest telecommunication and digital services provider, PTCL Group (PTCL & Ufone 4G), has partnered with TPL Insurance to launch a groundbreaking financial guarantee system aimed at adoption of digital tools, handhelds and IoT equipment across industries and organizations irrespective of their size.
This game changing collaboration allows PTCL group to take its Device-as-a-service portfolio to new heights while offering ease of payments and significantly reducing the upfront investment overheads for small and large businesses alike. Under the program PTCL Group will offer a rich spectrum of devices covering flagship phones, tablets, customized handhelds, IoT, digitalizing and networking equipment. Thanks to TPL Insurance’s novel credit risk mitigation solution, PTCL group will deliver flexible payments plans to reinforce its commitment to deliver secure, scalable, and sustainable solutions to technologically empower Pakistan’s evolving business landscape.
Speaking on the partnership, Asif Ahmed, Group Chief Business Solution Officer, PTCL & Ufone 4G, said, “This collaboration reflects our commitment to building strong, future-ready partnerships that support business growth across Pakistan. We look forward to working closely with TPL Insurance to explore more strategic initiatives that enable greater access to technology and financial inclusion.”
Sharing his thoughts, Muhammad Aminuddin, Chief Executive Officer, TPL Insurance, said, “We are pleased to partner with PTCL Group in introducing innovative financing solutions for businesses. This marks the beginning of a broader relationship, and we are confident that together we can unlock more opportunities that support digital and economic advancement.”
This collaboration represents a significant step in PTCL Group’s strategy to create enterprise-focused solutions and foster financial inclusion through technology, innovation, and strategic partnerships.
World Environment Day celebrated with vigor and gusto in SSGC
World Environment Day, celebrated around the globe on June 5th was also observed in Sui Southern Gas Company. SSGC’s Learning and Development Centre (LDC) Hyderabad wing in collaboration with HSE&QA, Admin Services and Corporate Communication Department (CCD) organized a multi-dimensional event to mark this international day, that was organized in the premises of LDC, Hyderabad. The diverse event comprised of a symposium, punctuated with presentations and speeches by subject experts and departmental heads, followed by tree plantations and a ceremonial walk to commemorate this World Environment Day. The symposium was jointly conducted by two Emcees, Ms. Nida and Mr. Feroz who exhibited a professional conduct while compeering the proceedings in a light and jovial manner
The day began with registration and distribution of welcome kits amongst the delegates that contained a specially designed T-shirt and P-cap for the event. After recitation of Holy Quran and National Anthem, Regional Head Hyderabad Mr. Akram Qureshi presented the welcome address. He extended warm welcome to all the delegates, specially to those who travelled all the way from Karachi, Nawabshah, Hala, Badin, Thatta, Mirpurkhas, Tando Allahyar, Dadu and Kotri to attend this event. Soon after his speech, a pre-recorded video message of SSGC’s Acting Managing Director Mr. Amin Rajput was displayed on the screen in which he congratulated LDC-HYD for taking this initiative and emphasized on the protection of the environment. A video highlighting past events jointly organized LDC and by CCD was also screened that showcased the synergy and efforts of both these departments.
A number of subject experts and departmental heads made their presentations for the audience that included Mr. Sikandar Ali Patoli (DCE HSEQA), Mr. Shahbaz Aziz Memon (SE GM&CF), Ms. Nida Bhurgri (AE Services), Mr. Saleh Rind (DCE-HQ-3 Transmission), Mr. Nek Muhammad Shaikh (A/DGM SBU) and Mr. Aijaz Ahmed (ADGM IR-HR). Mr. Salman Siddiqui (DGM CCD and SSGC’s Spokesman) recapped the role played by Corporate Communication Department over the decades in contributing positively towards the betterment of environment, under its CSR head. He also recited his poems both in English and Urdu based on an honest confession to mother earth for damaging its beauty.
Mr. Shahbaz Islam (Group General Manager HSEQA – GM&CF) made a very comprehensive, informative and interactive presentation that constantly engaged the audience throughout its duration. The keynote address was made by Mr. Madni Siddiqui Senior General Manager (SBU-US&B) in which he highlighted the mistakes people do every day without realizing that their acts are damaging the environment. He also mentioned SSGC’s number of initiatives taken in past to preserve the environment and stressed the need to think out of box for taking more such initiatives. Mr. Madni also appreciated role of all departments that joined hands in organizing this successful event and very specially applauded the contribution of In-charge LDC Hyderabad, Mr. Danish Malik and his agile team that left no stone unturned in ensuring the success of the event.
Specially designed unique handmade mementos and certificates signed by AMD, were later distributed amongst the speakers, other executives and employees. In different phases during the symposium, as a token of respect, the traditional gift of Ajrak was also presented to all distinguished speakers and guests including CBA’s General Secretary. The symposium concluded with vote of thanks presented by Mr. Manzoor Memon, Regional Head Mirpurkhas, acknowledging the role of all those who contributed in successfully organizing this event.
In the second phase of the event, a tree plantation ceremony was organized in which saplings were planted by Mr. Madni Siddiqui, Mr. Shahbaz Islam, Mr. Salman Siddiqui, and Mr. Arshad Qazi. The audience also visited the specially developed nursery for the event nearby LDC’s welding yard. The World Environment Day activities concluded with a ceremonial walk by all in attendance that kicked off from LDC’s office and participants walked to the main building of Hyderabad’s Regional Office, symbolizing a collective commitment to sustainability and environmental responsibility.
Overall, this event can be termed as an exemplary effort, a testament to SSGC’s ongoing commitment to employee engagement, environmental awareness and organizational excellence. The delegates expressed their appreciation for the thoughtful planning and impactful execution of each segment and highly lauded the collaborative efforts of LDC, HSE&QA, Admin Services and CCD along with all other supporting departments in making this an event to remember for long time.
Increased defence allocation in budget a welcome step, says Mian Zahid Hussain
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board, and the President and former provincial minister, Mian Zahid Hussain, while reacting to the federal budget 2025–26, said the total size of the budget has been fixed at Rs 17,573 billion and priority had been given to defense, interest payments on debt, and revenue generation.
He said that the federal and provincial governments are expected to spend Rs 3,800 billion on public welfare projects.
Mian Zahid Hussain acknowledged that the budget attempts to strike a balance between national security, internal stability, and fiscal responsibility. However, he expressed concern over several aspects that may negatively affect the general public, business community, and investors.
Speaking to the business community, the veteran business leader said that imposing taxes on vital sectors, such as renewable energy, could hamper the country’s economic momentum. The proposed 18 percent sales tax on the import of solar panels is a regressive measure that will obstruct the growth of alternative energy sources, he warned.
Mian Zahid Hussain pointed out that several items have become more expensive under the new budget, including automobiles, petroleum products, beverages, mineral water, pet food, coffee, and chocolates. The increased levies and carbon taxes on petroleum products are expected to burden daily life, especially for the middle class and salaried segments of the population. This could potentially create financial strain for many, a concern that the business leader shares.
Mian Zahid welcomed the increase in defense expenditure, calling it a necessary response to India’s recent hostility and aggressive military posture. He termed investment in national security as unavoidable. He stressed that to accelerate development in education, health, and social welfare sectors, the government must encourage impact financing.
While acknowledging that tax reforms and digital monitoring systems can help improve revenue collection, he cautioned that such measures would only be effective if taxpayers are also provided with corresponding facilitation. He welcomed the introduction of a simplified income tax return form, particularly addressing long-standing demands of SMEs and salaried individuals.
Referring to the incentives provided in the housing and real estate sectors, including reforms in the mortgage system, he noted that this could encourage investment and potentially lower the cost of small houses and flats, a welcome development for the general public. These incentives could stimulate the real estate market and make housing more affordable for the middle class.
He said that while the modest increase in salaries and pensions may not fully meet public expectations, it should still provide some relief amid the ongoing inflationary pressure. Mian Zahid termed the tax collection target of Rs 14,100 billion as extraordinary, noting that it is 20 percent higher than the actual collection in the previous budget. Achieving this target without broadening the tax base will be difficult, he said, yet necessary for long-term economic stability.
He further stated that the imposition of carbon levies on petrol, diesel, and furnace oil would push prices even higher, thereby aggravating inflation and indirectly impacting both the economy and the people.
In conclusion, Mian Zahid Hussain stated that the budget does reflect efforts toward stability, but long-term, sustainable growth requires strategic depth, vision, and protection of renewable energy, online businesses, and social sectors. He urged the government to allocate funds in the budget to safeguard these areas, thereby strengthening the country’s economic foundations. The need for these strategic reforms is urgent, and Mian Zahid Hussain’s call for action is clear.
A proud moment for Pakistan
Muhammad Ayan Abdullah has been selected to represent Pakistan at the prestigious International Olympiad in Artificial Intelligence (IOAI), which will be held in Beijing, China from August 2 to 9, 2025.
As the nation cheers for this bright young mind, Viper Technology, Pakistan’s leading IT hardware manufacturer, has extended full support to enable his participation. In collaboration with the Punjab Information Technology Board (PITB), Viper has proudly provided its flagship “PLUTO AI PC” – a locally assembled, high-performance computer designed specifically for AI and machine learning workloads.
This initiative is part of Viper Technology’s mission to empower Pakistani youth with cutting-edge tools and promote ‘Made In Pakistan’ innovation in global competitions. The PLUTO AI PC provided to Ayan is part of Viper’s newest AI PC line – built in Pakistan, built for performance, and now headed to Beijing.
Faisal Sheikh, Co-Founder & COO, Viper Technology (Pvt) Ltd., said, “We are honored to support Muhammad Ayan Abdullah. Pakistan has immense talent, and it’s our responsibility to back the next generation of tech leaders.” This gesture reflects a powerful partnership between local industry, government support organizations, and national pride – coming together to uplift the future of AI in Pakistan.
Viper Group – through its hardware wing Viper Technology and its software, automation, and skill training arm Viion Technology – has been serving Pakistan for over 30 years. From assembling desktops, laptops, AI PCs, and tablets to offering software solutions and digital upskilling via Viper Academy, the group is committed to building a tech-powered, self-reliant Pakistan. With manufacturing roots in Karachi and expansion plans in Punjab, Viper stands firmly behind the “Made in Pakistan” vision. We extend our heartfelt thanks to PITB for championing local innovation and giving a deserving student a chance to compete on the world stage. We hope PITB will continue to support such national initiatives that uplift Pakistani products, empower youth, and showcase Pakistan’s true potential to the world.
Mobilink Bank’s inheritance campaign shortlisted at Cannes Lions 2025
Pakistan’s leading digital microfinance Bank, Mobilink Bank’s inheritance campaign, has been shortlisted for the prestigious Cannes Lions International Festival of Creativity 2025 in the ‘Glass: The Lion for Change’ category. The Invisible Heirs campaign tackles systemic barriers to women’s inheritance rights in Pakistan by highlighting a long-ignored issue through data-driven tools and impactful storytelling.
Cannes Lions received over 251 global entries in the subject category, with only 28 campaigns making it to the shortlist. Mobilink Bank’s Invisible Heirs campaign has already garnered global acclaim by winning prestigious awards, including Dubai Lynx, M360 APAC Digital Nations Awards, and Glomo. The powerful video campaign sparked a nationwide conversation around women’s access to justice and economic equity. It is complemented by an innovative Inheritance Calculator embedded within Mobilink Bank’s digital app, ‘Dost,’ which allows women to independently calculate their rightful share of the inheritance and make informed decisions in pursuing their rights.
Aamir Ibrahim, CEO Jazz & Chairman Mobilink Bank celebrated the nomination, saying, “Invisible Heirs shines a light on an issue too often overlooked – women’s rightful access to inheritance. Being shortlisted at Cannes Lions affirms the power of purpose-led storytelling to drive social change. At Jazz and Mobilink Bank, we’re committed to using technology and creativity to build a more just and inclusive future for women in Pakistan.”
Commenting on the shortlist, Haaris Mahmood Chaudhary, President and CEO Mobilink Bank said, “Being shortlisted at Cannes Lions among the world’s most powerful campaigns is a proud moment not just for us, but for every woman in Pakistan fighting for her rightful share. With Invisible Heirs, we wanted to turn a cultural silence into a public conversation, and this recognition affirms the power of purpose-driven creativity.”
The Cannes Lions International Festival of Creativity is considered the world’s most prestigious celebration of creative excellence in branded communications. Mobilink Bank’s nomination positions Pakistan on the global map for advocacy-driven innovation and inclusive fintech solutions. This milestone further reinforces the Bank’s commitment to women’s financial inclusion and to using technology as a force for social change.
Toyota accelerates empowerment at KVTC 2025 graduation ceremony
The Karachi Vocational Training Centre (KVTC) proudly hosted its Convocation Ceremony 2025, celebrating the achievements of its extraordinary graduates with distinguished guests in attendance, including the CEO of Indus Motor Company (IMC), Mr. Ali Asghar Jamali, who graced the event as one of the Chief Guests. The event was further honored by the presence of the Consulate Generals of Japan, Turkey, and the United Arab Emirates, reaffirming KVTC’s growing international recognition and support.
In a ground-breaking move under the Toyota CSR initiative Concern Beyond Cars, Mr. Ali Asghar Jamali announced a series of generous and unprecedented contributions aimed at empowering differently-abled youth in Pakistan:
Rs. 500,000 each was awarded to eight KVTC para-athletes who represented Pakistan and achieved remarkable success at the 21st WATA International Championship held in Japan and Malaysia.
A further Rs. 2.5 million each was granted to 10 newly graduated differently-abled individuals (including five boys and five girls) to help them launch their entrepreneurial ventures—marking a first-of-its-kind initiative in Pakistan aimed at promoting entrepreneurship among differently-abled persons.
Additionally, employment opportunities were extended to five newly graduated KVTC students, enabling them to become self-reliant and contribute meaningfully to the workforce.
Speaking at the ceremony, Mr. Jamali stated, “This is not just about financial aid, it’s about creating long-term, sustainable impact. Through ‘Concern Beyond Cars’, Toyota and IMC are proud to support the dreams and aspirations of these incredible young individuals who continue to inspire us all.”
With over three decades of service, KVTC continues to provide holistic development opportunities for differently-abled individuals through tailored vocational training, sports, and rehabilitation. The 2025 Convocation stands as a testament to KVTC’s mission of enabling ability beyond disability.
Standard Chartered Pakistan launches ‘Score Your Goals’ campaign offering clients a chance to experience Liverpool FC Live at Anfield
Standard Chartered Bank Pakistan has launched an exciting new campaign titled, “Score Your Goals,” offering clients a once in a lifetime opportunity to watch Liverpool FC live at Anfield through a unique investment led reward programme.
Running until 31st August 2025, the campaign invites clients to invest in selected wealth and insurance solutions including mutual funds and government securities across both conventional and Shariah-compliant options. In return, clients can earn entries into a grand prize draw where five lucky winners will enjoy the full Liverpool FC experience -including return airfare, hotel accommodation, and matchday access at the iconic Anfield Stadium.
The campaign also offers guaranteed Liverpool FC merchandise such as official jerseys and scarves based on the investment amount.
Saadya Riaz, Head Wealth & Retail Banking, SC Pakistan stated, “This campaign is a celebration of our global partnership with Liverpool FC and reflects our ongoing commitment to delivering unique and rewarding experiences for our clients. By aligning financial planning with a passion for sport we are bringing something truly special to our clients in Pakistan.”
The campaign is open to clients who invest a minimum of Rs.10 million in qualifying wealth solution products. The number of prize draw entries and guaranteed gifts increase with the investment value creating a tiered incentive structure that rewards deeper client engagement.
IBA Karachi organizes 4th International Conference 2025 – “Transforming Business For People And Planet”
IBA Karachi’s School of Business Studies (IBA-SBS) organizes the “4th International Conference 2025”, themed “Transforming Business for People and Planet”, at the Main Campus. The event brought together esteemed academics, corporate leaders, researchers, and students from across the globe for critical dialogue around global economic uncertainty, climate challenges, and business innovation.
In his inaugural remarks, Dr. S Akbar Zaidi, Executive Director, IBA Karachi, reflected on the complex geopolitical realities and ongoing economic crises shaping the global business environment. He emphasized the urgent need to recognize problems and collaborate on practical solutions, highlighting the role of academic platforms like this conference. Dr. Zaidi also stressed the importance of responsible corporate behavior, referencing climate change and corporate social responsibility (CSR) as urgent priorities.
Dr. Abdullah Zafar Sheikh, Dean, IBA-SBS and Conference Chair, energized the audience with a quote from Steve Jobs: “We are going to make a dent in this universe.” He emphasized that business excellence should not come at the cost of employee well-being. “Fair wages, inclusive growth, and a balance between shareholders and stakeholders are key to sustainable business leadership,” he noted. Dr. Sheikh also proudly shared that over 250 global CEOs are IBA alumni, signifying IBA’s longstanding influence in international business.
Conference Convener, Dr. Aitzaz Ahsan Alias Sarang, opened the academic sessions by shedding light on the vulnerability of developing nations to climate change. He emphasized the urgency of adopting a green taxonomy to guide sustainable investments and policy frameworks. Dr. Aitzaz shared that 209 research paper submissions were received from over 55 universities, of which 80 percent were selected to be presented at the conference.
The IBA-SBS 4th International Conference on ‘Transforming Business for People and Planet’ is a valuable platform for knowledge exchange, networking, and collaboration, bringing together thought leaders, practitioners, and policymakers. The first day of the conference featured a panel discussion on ‘Pakistan’s Critical Need for Climate Finance: Mobilizing the Private Sector,’; keynote addresses on ‘Rising Above the Chaos: How Governance of Purpose-driven Organisations is THE Shared Leadership Agenda,’ and ‘Driving the Sustainability Transition: Legal, Policy and Corporate Innovations’ and parallel technical sessions. The second day will continue with the last keynote address, technical sessions, followed by the closing ceremony.
Cement sector – idle capacity – low domestic offtake
According to the data released by All Pakistan Cement Manufacturers Association (APCMA), the domestic cement sales during first eleven months of current fiscal recorded a year over year drop by 1.94%. Quantitatively the volumes dropped from 35.1 million tons during July 2023-May 2024 to 34.4 million tons during July 2024-May 2025. Exports, however, recorded an increase by 25.73%, resulting the sector to witness a marginal 2.46% growth during this eleven months period.
In May 2025, cement despatches increased by 8.57% totaling 4.651 million tons against 4.284 million Tons despatched during the same month of last fiscal year. Local cement despatches by the industry during the month of May 2025 were 3.662 million tons compared to 3.362 million tons in May 2024, showing an increase of 8.93%. Exports despatches also jumped by 7.27% as the volumes increased from 0.922 million tons in May 2024 to 0.989 million tons in May 2025.
In May 2025, North based cement mills despatched 3.261 million tons cement showing an increase of 11.87% against 2.915 million tons despatches in May 2024. South based mills despatched 1.39 million tons cement during May 2025 that was 1.54% more compared to the despatches of 1.379 million tons during May 2024.
North based cement mills despatched 3.02 million tons cement in domestic markets in May 2025 showing an increase of 9.71% against 2.753 million tons despatches in May 2024. South based mills despatched 641,894 tons cement in local markets during May 2025 that was also 5.37% more compared to the despatches of 609,174 during May 2024.
Exports from North based mills increased by 48.27% as the quantities increased from 162,929 tons in May 2024 to 241,578 tons in May 2025. Exports from South reduced by 1.53% to 747,856 tons in May 2025 from 759,456 tons during the same month last year.
During the first eleven months of current fiscal year, total cement despatches (domestic and exports) were 42.764 million tons that is 2.46% more than 41.739 million tons despatched during the corresponding period of last fiscal year. Domestic despatches during this period were 34.419 million tons against 35.102 million tons during same period last year showing a reduction of 1.94%. Export despatches, on the other hand, showed healthy increase by 25.73% as the volumes jumped to 8.345 million tons during the first eleven months of current fiscal year compared to 6.637 million tons exports done during same period of last fiscal year.
North based Mills despatched 28.489 million tons cement domestically during the first eleven months of current fiscal year showing a reduction of 1.53% than cement despatches of 28.931 million tons during July 2023-May 2024. Exports from North increased by 9.47% percent to 1.476 million tons during July 2024-May 2025 compared with 1.348 million tons exported during the same period last year. Total despatches by North based Mills reduced by 1.04% to 29.965 million tons during first eleven months of current financial year from 30.279 million tons during same period of last financial year.
Domestic despatches by South based Mills during July 2024-May 2025 were 5.930 million tons showing reduction of 3.90% over 6.171 million tons cement despatched during the same period of last fiscal year. Exports from South increased by 29.88% to 6.868 million tons during July 2024-May 2025 compared with 5.288 million tons exported during the same period last year. Total despatches by South based Mills increased by 11.69% to 12.799 million tons during first eleven months of current financial year from 11.459 million tons during same period of last financial year.
A spokesman of All Pakistan Cement Manufacturers Association emphasized that 1.94% negative growth in local off-take, during the first eleven months of current fiscal year, needs to be seriously examined. Domestic demand plays key role for utilization of idle capacity of the sector as well as for the overall economic development of the country. Cement industry attracts many allied industries like steel, paint, electrical items etc etc. and increase in construction activities shall uplift the economy as a whole. He was optimistic that the government will consider industry’s plea in the upcoming budget and will announce measures to reduce duties and taxes on cement in order to make it affordable for the masses.
Telemedicine delivers life saving pediatric emergency care without delay
On World Environment Day, ChildLife Foundation is spotlighting the growing threat of climate change to children’s health in Pakistan, while offering a sustainable solution through its pioneering telemedicine model. As air pollution worsens, heatwaves intensify, and floods become more frequent, children across the country are increasingly vulnerable to climate-aggravated illnesses such as respiratory infections, typhoid, gastroenteritis, and heat-related conditions.
“Our responsibility to children goes beyond emergency care,” said Dr. Ahson Rabbani, CEO of ChildLife Foundation. “By offering expert pediatric consultations through our Telemedicine Satellite Centers (TSCs) across Pakistan, we ensure timely, life-saving care while reducing unnecessary referrals to major cities, ultimately minimizing the carbon footprint of healthcare delivery.”
ChildLife operates more than 300 Telemedicine Satellite Centers (TSCs) within government hospitals nationwide, enabling doctor-to-doctor video consultations that connect frontline medical officers with senior pediatricians in real time. This innovative approach ensures expert guidance for accurate diagnosis and treatment of children at the point of care. With over one million teleconsultations delivered to date, this system has significantly reduced the need for long-distance patient transfers, lowering travel-related emissions, saving time and cost. By avoiding thousands of referrals to urban hospitals, the model not only ensures timely treatment for children but also reduces fuel consumption and greenhouse gas emissions.
“Each teleconsultation spares families hours of travel and prevents repeat visits,” said Dr. Irfan Habib, Medical Director at ChildLife Foundation. “This not only lessens the environmental burden but ensures that children receive immediate expert care when every minute matters.” Many of the conditions treated through ChildLife’s telemedicine network are linked to environmental risk factors, including respiratory infections exacerbated by smog and indoor pollution, waterborne diseases like typhoid and diarrhea triggered by floods and poor sanitation, as well as heatstroke and dehydration during extreme heatwaves.
This year’s World Environment Day theme, “Planet vs. Plastics,” calls for urgent action against pollution and its impact on human health. ChildLife Foundation echoes this urgency and reaffirms its commitment to environmental responsibility in healthcare delivery. In addition to its green telemedicine model, ChildLife follows strict protocols for safe medical waste disposal in the 14 emergency rooms it operates in partnership with the government. Healthcare facilities produce regulated waste, including infectious, pharmaceutical, and sharps waste that poses both environmental and infection control risks if not managed properly.
To address this, ChildLife has implemented standard operating procedures for waste collection and segregation at the source. Medical, pharmaceutical, and general waste such as gauze, gloves, and plastic packaging are separated and safely disposed of in accordance with environmental and public health standards.
As Pakistan confronts the dual challenges of climate change and limited access to pediatric emergency care, ChildLife Foundation’s emergency rooms and telemedicine network offers a scalable, environmentally responsible solution. The organization remains committed to delivering expert care to children while protecting the planet they will inherit. Let us act today for a healthier, greener tomorrow, for Pakistan’s children and for generations to come.
Amir S. Chinoy Foundation announce multi-year sponsorship deal with Sana Bahader and Saif Bahader
Amir S. Chinoy Foundation, a non-profit organization and member of the Amir S. Chinoy Group (ASC), proudly announced a multi-year sponsorship agreement with rising stars in squash, Sana Bahader and Saif Bahader. Member companies of ASC Group namely, International Industries Ltd. (IIL), Pakistan Cables Ltd. (PCL) and International Steel Ltd. (ISL) are also the proud sponsors of this power duo.
As part of the partnership, both the athletes will represent member companies of ASC Group at all national and international squash tournaments for a period of 3 years with a strong focus on training and active participation in squash tournaments.
Hailing from Peshawar, Sana Bahader aged 19, and Saif Bahader aged 15, demonstrate exceptional grit and a powerful game, overcoming challenges witnessed at an early age. Born deaf and mute, both squash players are defying odds and overcoming challenges. This duo is set to achieve greater heights for themselves.
“We are thrilled to partner with Sana and Saif. Their dedication to squash and journey of perseverance is an extremely inspiring, especially for the youth of Pakistan”, said Samir M. Chinoy, Chairman Amir S. Chinoy Foundation. Mr. Sher Bahader, father of Sana and Saif Bahader was also present at the signing ceremony. “I am extremely grateful to the Foundation for their support. The sponsorship will enable Sana and Saif to train effectively and enhance their performance, get international exposure and elevate their game. It certainly boosts their confidence in squash”, he said.
The athletes are set to travel to Australia during June up to August with Sana competing in women’s category and Saif in the men’s category in the Greater Bendigo International tournament followed by other international squash tournaments being held across Australia during the time.
The partnership reinforces Amir S. Chinoy Group’s commitment to promote youth empowerment by supporting skill-based training, recognising and supporting upcoming role models in Pakistan.
DWP Technologies Enables JS Bank with Strategic ACI Deployment
DWP Technologies and JS Bank officially entered into a transformative partnership through the signing of a three-year Cisco Infrastructure Services contract, marking a significant milestone in digital infrastructure development. This strategic alliance focuses on deploying Cisco’s cutting-edge Application Centric Infrastructure (ACI) to elevate JS Bank’s operational agility, network security, and digital efficiency.
The signing ceremony was a key highlight of the event, symbolizing a commitment to next-generation IT infrastructure and long-term innovation. DWP Technologies has successfully provided, designed, and deployed Cisco ACI at JS Bank’s Karachi facility, reinforcing its leadership in enterprise technology solutions.
As part of the collaboration, Cisco IT experts delivered an in-depth training session to JS Bank’s technical teams. This training focused on enhancing in-house capabilities through advanced knowledge of Cisco ACI’s automation, security, and performance features, ensuring seamless adoption and operational excellence.
Waseem Sher, Regional Sales Head at DWP Technologies, said, “This partnership not only strengthens our relationship with JS Bank but also reflects our shared vision for a future-ready infrastructure. By bringing Cisco ACI to JS Bank, we are not only implementing a powerful infrastructure solution but also laying the foundation for agility, scalability, and enhanced security across their network. Our goal is to empower JS Bank with the tools and knowledge to adapt rapidly in an evolving tech landscape. With this collaboration, we are confident that JS Bank is well-positioned to lead the way in digital banking and customer experience.”
This initiative underscores a collective commitment to building secure, agile, and resilient infrastructure, empowering JS Bank to thrive in a digitally driven ecosystem.