ADB collaborates with WHO to expand healthcare, contain Covid-19 across Asia
MANILA: The Asian Development Bank (ADB) on Thursday strengthened its partnership with the World Health Organisation (WHO) recognising that increased collaboration is...
OBS Pakistan to acquire Globe Textile Mills Ltd
OBS Pakistan (Private) Limited, a pharmaceutical company, through the newspaper advertisement, has shown its interest to acquire 14,891,829 ordinary shares of Globe Textile Mills Limited.
Pakistan produces unfit tobacco for manufacturing cigarettes
ISLAMABAD: As the lawmakers complain that manufacturing of substandard cigarette is causing an increase in mouth cancers among smokers in the country,...
Creditors seek legal advice on options against Abraaj
The Wall Street Journal reported on Wednesday that Kuwait’s Public Institution for Social Security on May 22 filed a case in a Cayman Islands court against Abraaj, claiming the company is unable to repay a $100 million loan and $7 million interest by the agreed date
Al-Tahur set to enter final stage of IPO with a strike price of Rs21
The book building process for Al-Tahur ended on, Tuesday, June 26, with the Initial Public Offering (IPO) of the dairy company entering its final phase where it will offer stocks to the general public at a price of Rs21 per share.
AugmentCare raises $1m in seed funding to expand digital healthcare services
LAHORE: In another remarkable milestone for a Pakistani based tech startup, AugmentCare (AC) a complete healthcare app has been successful in raising...
After Covid slump, Shifa International continues on its path of expansion
A tale of perseverance and dedication to grow
GSK contemplating splitting up the group: Report
Some investors have long called for the group’s break-up, arguing that it would crystallize value for component businesses and that there are limited synergies between consumer and pharma.
Bima raises $96.6 million from Allianz X to expand micro-insurance services
LAHORE: Bima, a seller of microinsurance services which includes Pakistan among its fourteen markets has raised $96.6 million in strategic investment from...
Pharma has potential to surpass textile industry in Pakistan: Chairman AGP
KARACHI:Â The pharmaceutical industry in Pakistan has the potential to increase its exports to such an extent that it can become the biggest...
How Sehat Kahani came out the other side of the funding crunch
In the world of Pakistan’s telehealth space where models are not yet working, Sehat Kahani pushed a story that helped them keep the startup funded and running. What exactly did they do?
PBBC proposes to establish network of hospitals across Pakistan
ISLAMABAD:Â Finance Minister Asad Umar on Friday received a delegation of Pakistan-Britain Business Council (PBBC) and its sister organisation, Pakistan-Scotland Business Council (PSBC),...
Covid-19: Amazon planning to build its own testing lab for staff
Retail giant Amazon says it will build its own coronavirus testing lab to monitor the health of its staff.
Cases of Covid-19 have...
GSKCH paid-up capital increases post merger
In a notification sent to the Pakistan Stock Exchange (PSX), GSKCH Pakistan said the shareholding of its holding company GlaxoSmithKline Consumer Healthcare B.V is now 100,423,259
FBR abolishes 10% processing fee on key Afghan transit goods for a limited period
The notification specifies that the waiver is applicable to cargo arriving during the period from October 3, 2023, to November 16, 2023