Tag: cash

Pakistani startup "Finja" raises $1 million in funding for a product to replace cash

| | No Comments

LAHORE - A Pakistani startup Finja that relies on the financial technology model (Fintech) has successfully raised $1 million from Stockholm-based Vostok Emerging Finance for a product that they hope will eventually replace cash. Founded by seasoned individuals from banking and technology Qasif Shahid, Monis Rahman, and Umer Munawar, Finja aims to introduce innovative financial services through the upcoming launch of a mobile wallet product…Read More

PTCLs Financial Performance in first half of this year with 10% Cash Dividend

| | No Comments

article image ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL), the country’s leading ICT services provider, has announced its financial results for half year ended June 30, 2016 and declared 10% interim cash dividend to the shareholders. In the meeting, the Board of Directors has declared 10% interim cash dividend to the shareholders. PTCL Group earned Rs. 58.96 billion revenue during the first half of 2016 whereas PTCL’s revenues were Rs. 36.2 billion during the period. DSL broadband…Read More

Vermitechnology: Easy to convert trash into cash. How to do?

| | No Comments

article image Pakistan is an agricultural country and but it has 1.95 percent population growth rate, which is higher than average growth rate of South Asian countries. At present it is the sixth most populous country in the world with projected population of 188 million. Pakistan with population of 363 million in 2050 is expected to retain the same position. The world population rate is increasing at high rate and by 2050; it is expected to be 9.9 billion. To feed this much population, increase in…Read More

PTCL announces 10% interim cash dividend on sound performance in Q2-FY2015

| | No Comments

article image STAFF REPORT ISB: Pakistan Telecommunication Company Limited (PTCL), the premier telecommunication and Information Communication and Technology (ICT) service provider of the country has announced sound financial results for first six months of FY 2015. PTCL announced revenues of Rs 39.4 billion for the period ended June 30, 2015. Gross net profit of the company stood at Rs12.9 billion and Rs 6.1 billion respectively. Board of Directors (BoD) of PTCL announced 10% interim cash…Read More

Mobi-cash, Shifa Foundation ink money transfer deal

| | No Comments

STAFF REPORT ISB: Shifa Foundation, a non-profit organisation rendering tertiary services in healthcare, entered into a joint venture with Mobi-cash (a service of Mobilink to conduct the financial transactions, primarily sending-receiving money within Pakistan along with other financial services) for collection of donations across the country. At the signing ceremony, Taimoor Shah, Associate Director of Shifa Foundation, gave a brief introduction of Shifa Foundation and its activities. He…Read More

Apricot as cash crop

| | No Comments

article image Apricot, (Prunus armeniaca L.) is a member of the Rosaceae family, along with same family of apple, pear, peach, and other stone fruits. The apricot belongs to Prunophora subgenus within Prunus along with plums. Hybrids between plums and apricots have been produced recently which are said to be finer fruits than either parent. It is somewhat acid in its raw state, but its acidity decreases and the sugar content increases in the process of ripening. The apricot is a stone fruit and has…Read More

| Apricot | cash | Crop

Cotton-a major cash giving but world’s ‘dirtiest’ crop

| | No Comments

article image By Naseem SheikhCOTTON IS considered the world's 'dirtiest' crop due to its heavy use of insecticides, the most hazardous pesticide to human and animal health. Cotton covers 2.5 per cect of the world's cultivated land yet uses 16 per cent of the world's insecticides, more than any other single major crop.Cotton, one of the most water and pesticide intensive agricultural commodity, is responsible for significant adverse impacts on human and animal (livestock) health, natural resources such as…Read More