Pakistan News

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  • Pak Suzuki appoints Masafumi Harano as new CEO

    The board of directors at the Pak Suzuki Motors Company has appointed Masafumi Harano as the new Chief Executive Officer (CEO) of the company, read a statement issued on Monday...

    In its statement, the automobile production company said, "The appointment of the new CEO is a strategic move" in accordance with the overall automobile industry "witnessing a phase of expansion and growth"...

  • Pak High Commissioner to India meets PM to discuss Indo-Pak relations

    ISLAMABAD: Pakistan High Commissioner to India Abdul Basit called upon Nawaz Sharif in Islamabad on Wednesday for a briefing on the state of Pakistan-India relations...

    The High Commissioner to India also briefed Foreign Office officials about the future of Pak-India relations in light of recent developments between the two countries...

  • Elengy CEO offered top slot in Pakistan State Oil

    ISLAMABAD: A day after the Engro Elengy Terminal Limited (EETL) alleged unfair treatment and wrongdoing in barring it from bidding for the second LNG terminal, the prime minister approved the appointment of CEO of the company as managing director of Pakistan State Oil (PSO) on Friday...

    On Wednesday and Thursday, Mr Sheikh had accused Sui Southern Gas Company Limited (SSGCL) of “mala fides” to have rejected EETL’s bid for the second...

  • Pakistan among fastest growing e-commerce markets: eBay CEO

    Chief Executive Officer of eBay, an American Inc and e-commerce company, has termed Pakistan among the fastest growing e-commerce markets in the world...

    In a Facebook Live session on the page of the World Economic Forum (WEF), Devin Wenig was asked a question regarding his thoughts on Pakistan and emerging markets...

  • ‘Professional CEO can run Pakistan Steel efficiently’

    ISLAMABAD: The government is likely to incur a financial loss of around Rs10 billion for divestment of Pakistan Steel Mills (PSM), National Assembly’s Standing Committee on Industries and Production was informed on Wednesday...

    However, PTI’s Asad Umar and Sajida Begum were not in favour of privatisation, arguing that the plant can be run efficiently if a professional CEO is appointed...

  • TV ratings manipulation: Express CEO given 10 days to submit reply

    KARACHI: The Pakistan Broadcasters Association (PBA) has granted Chief Executive Officer of Express Media Group — a private media organisation — Sultan Lakhani ten days to submit his reply regarding alleged manipulation of viewership ratings through employees of a TV ratings company, Medialogic...

    "Chief executive officer of TV ratings company, Medialogic Pakistan, Salman Danish, while addressing members of the media fraternity on...

  • Musharraf Rasool joins PIA as CEO

    KARACHI: Former bureaucrat Dr Musharraf Rasool Cyan has joined the Pakistan Inter­national Airlines Corporation Limited as its chief executive officer (CEO), the company said on Tuesday...

    Dr Cyan, who was appointed by former prime minister Nawaz Sharif in July, is the first CEO of the airline after it was converted into a public limited company in December...

  • Hackers stole data from 57 million Uber riders, drivers: CEO

    Uber said on Tuesday that hackers compromised personal data from some 57 million riders and drivers in a breach kept hidden for a year...

    "None of this should have happened, and I will not make excuses for it," said a statement from chief executive Dara Khosrowshahi, who took over at the ridesharing giant in August
  • Apple CEO breathes new life into old iPhones

    BY delivering solid financial results that beat Wall Street’s expectations for both revenues and profits on Thursday, Apple Inc’s CEO Tim Cook put to rest concerns that the company’s flagship device, the iPhone X, wouldn’t be ready in time for the holiday shopping season...

    There’s good reason to believe former Apple CEO Jobs would never have kept a product like the SE around...

  • Samsung Electronics CEO resigns, even as record profits expected

    The CEO of Samsung Electronics Kwon Oh-Hyun resigned Friday, saying the South Korean tech giant was facing an “unprecedented crisis”, even as it expected profits to hit an all-time high in the third quarter...

    Despite the spectacular performance, CEO Kwon said the company was in the throes of an “unprecedented crisis” as he announced his intention to step down...

  • NAB moves against NBP’s ex-president, Azgard Nine CEO

    KARACHI: Five former senior officials of National Bank of Pakistan (NBP) and two corporate chiefs are in the crosshairs of the National Accountability Bureau (NAB) for allegedly engaging in a fraud to the tune of Rs10...

    The accused include Azgard Nine Ltd CEO Abid Humayun Shaikh and CFO Abid Amin...

  • Minister tells Senate ex-PIA CEO took plane to Germany

    ISLAMABAD: The issue of a ‘missing’ PIA plane was raised in the Senate on Tuesday with Minister for Parliamentary Affairs Sheikh Aftab Ahmad claiming that the former acting chief executive officer (CEO) of the airline, Bernd Hildenbrand from Germany, had taken the plane home while leaving Pakistan...

    ”He said heavy expenses were to be incurred on bringing the plane back to Pakistan and, therefore, tenders were floated to dispose it of...

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