Author: newstoday329

Tech

Telenor Velocity and Invest2Innovate Collaborate to Transform Pakistan’s Startup Landscape
Bynewstoday329 August 23, 2024

Islamabad: In a strategic move to bolster Pakistan’s growing startup ecosystem, Telenor Velocity, Telenor Pakistan’s premier startup accelerator, has forged a powerful alliance with Invest2Innovate (i2i). By combining Telenor Pakistan’s market reach, technological infrastructure, and industry expertise with i2i’s proven track record in nurturing entrepreneurs, this partnership aims to empower startups to scale rapidly and…

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Health

Major Expansions and Strategic Moves at Pakistan Pharma Invest 2024
Bynewstoday329 August 23, 2024

Staff Report: Topline Securities hosted Pakistan Pharma Invest 2024, where the third session featured Lucky Core Industries (LCI) Limited. The speaker of the session was Mr. Atif Aboobukar, CFO of LCI. Regarding the pharmaceutical business, management communicated that 70% of the current portfolio is non-essential. With the addition of Pfizer’s portfolio, the non-essential component will…

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Agriculture

Restructuring of Engro and Dawood to take effect from Jan 1, 2025
Bynewstoday329 August 23, 2024

Staff Report: Regarding the restructuring of Engro Corp (ENGRO) and Dawood Hercules (DAWH), management stated that progress is in line with the timeline and will be effective from January 1, 2025. The divestment of thermal assets is in progress and subject to approval from the lenders. The company expects the deal to be finalized within…

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Tech

Ufone Partners with Samsung to Offer Smartphones at Competitive Prices
Bynewstoday329 August 23, 2024

Staff Report: Ufone 4G, a leading telecommunications provider in Pakistan, has announced a strategic partnership with South Korean technology giant Samsung to offer smartphones at competitive prices through Ufone 4G’s new sales platform. This collaboration introduces a dedicated webpage where customers can easily access smartphones, voice and data bundles, and other Ufone services. Subscribers will…

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Health

Third Mpox Case of the Year Reported in Peshawar, Patient Returned from Middle East
Bynewstoday329 August 23, 2024

M. Waqar Bhatti Another individual who recently returned to Peshawar from the Middle East has tested positive for Mpox, bringing the total number of cases in Pakistan this year to three, the Ministry of National Health Services, Regulations, and Coordination reported on Friday. The patient was identified at Peshawar Airport by a health desk set…

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Tech

Senate Panel Criticizes PTA for Snubbing Internet Issues Briefing
Bynewstoday329 August 22, 2024

Staff Report: The Pakistan Telecommunication Authority (PTA) faced significant criticism during a Senate Standing Committee on Information Technology meeting held on Thursday. The committee, chaired by Senator Palwasha Khan, expressed dissatisfaction with the PTA’s refusal to brief the committee on the persistent issue of internet slowdowns across the country. This refusal fueled tensions, with some…

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Agriculture

Food Ministry Stalls: No Secretary for Two Weeks!
Bynewstoday329 August 22, 2024

Staff Report: The federal government has failed to appoint a permanent secretary for the Ministry of National Food Security over the past two weeks, leading to the work in the ministry has come to a standstill. The government has not appointed a secretary appointed in the Ministry of National Food Security for the last two…

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Agriculture

PepsiCo Pakistan Cultivates Change: Localizing Seeds for a Brighter Agricultural Future
Bynewstoday329 August 22, 2024

Islamabad: PepsiCo Pakistan hosted ‘Seeds to Smiles’, a thought leadership event underscoring the company’s support of Pakistan’s farmers, growing the agricultural ecosystem, and investing in Pakistan’s food systems security. The event brought together a distinguished assembly of stakeholders, farmers, industry experts, partner organizations and PepsiCo leaders including Eugene Willemsen, CEO of PepsiCo Africa, Middle East…

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Tech

Zong Introduces High Speed network Connectivity
Bynewstoday329 August 22, 2024

Islamabad 22nd Aug 2024: Zong, Pakistan’s leading telecom operator brings its seamless and high-speed 4G services in Gilgit Baltistan. Network is live city wide in Gilgit, Hunza and Skardu with further roll out ready for launch. This initiative is Zong’s commitment to provide connectivity across country and provide top-notch affordable 4G services. This initiative aims…

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Tech

Internet Service to Normalize on August 27: Chairman PTA
Bynewstoday329 August 21, 2024

Staff Report:Chairman Pakistan Telecommunication Authority (PTA) has admitted installation of firewall and said that internet disruption would be addressed on August 27. During a briefing to the National Assembly Standing Committee on Information Technology and Telecommunication, Major General (R) Hafeez Ur Rehman, Chairman of the Pakistan Telecommunication Authority (PTA), disclosed that recent internet disruptions in…

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