ISLAMABAD – Tetra Pak was recently honoured by the Swedish Embassy through a special invitation to co-host Sweden’s National Day event organised inside the embassy premises on Thursday.
Federal Minister for Climate Change Senator Sherry Rehman attended the event as a Chief Guest. The event followed an inspiring theme with the title of ‘Pioneer the possible’ which represented Sweden's journey towards becoming the first fossil-fuel-free country and showcasing technologies and solutions by Swedish companies as leaders in innovation and sustainable transformation.
As a global company of Swedish origin operating in Pakistan, the event was a good opportunity for Tetra Pak to showcase its sustainability credentials driven by its guiding principle that a "package should save more than it costs". Tetra Pak’s fundamental commitments driving its sustainability agenda were presented through a special display area.
The minister also visited Tetra Pak’s stall and was greeted by the company representatives to apprise her about Tetra Pak’s sustainability-related vision and goals. These included details pertaining to Tetra Pak’s announcement in 2020 to reach net-zero GHG emissions in its own operations by 2030, the use of 100% FSC Certified Paperboard in all packaging material, and their recycling success story in Pakistan.
Tetra Pak Pakistan’s local partnership with Green Earth Recycling started in 2014 and since then has been successfully achieving increasing recycling targets every year by collecting and recycling packaging waste into sellable products such as garden furniture, school desks, roofing solutions, and much more. Guests were also pleased to learn that in 2021, Tetra Pak Pakistan achieved a recycling rate of over 42% of its produced cartons, while the goal for 2022 is to increase this volume and recycle around 32,000 tonnes of beverage cartons.
The event was attended by representatives from several Swedish companies operating in Pakistan, including Tetra Pak, in addition to senior Government officials and Islamabad’s intelligentsia.
Pakistani rupee witnessed upward trajectort against US dollar and other currencies amid positive economic cues.
On Wednesday, the US dollar moved down and was being quoted at 283.7 for buying and 286.75 for selling.
Euro remained stable at 309 for buying and 312 for selling. British Pound rate increased to 361 for buying, and 364 for selling.
UAE Dirham AED dropped to 77.6 whereas the Saudi Riyal rate stands at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||361||364|
|Hong Kong Dollar||HKD||36.49||36.84|
|New Zealand Dollar||NZD||175.89||177.89|
KARACHI – Gold prices in the local market continue to decline in line with the international market.
On Wednesday, the price of a single tola of 24-karat gold stands at Rs219,400 and 10 grams of 24k gold costs Rs188,100.
Each tola for 24 karat is Rs216,700, 22 Karat is Rs198,640, and 21 karat rate per tola is Rs189,613 and 18k gold rate is Rs162,525.00 for single tola.
In the global market, the precious metal moved down, and hovers around $2023 per ounce after drop of around $10.
|Lahore||PKR 219,400||PKR 2,625|
|Karachi||PKR 219,400||PKR 2,625|
|Islamabad||PKR 219,400||PKR 2,625|
|Peshawar||PKR 219,400||PKR 2,625|
|Quetta||PKR 219,400||PKR 2,625|
|Sialkot||PKR 219,400||PKR 2,625|
|Attock||PKR 219,400||PKR 2,625|
|Gujranwala||PKR 219,400||PKR 2,625|
|Jehlum||PKR 219,400||PKR 2,625|
|Multan||PKR 219,400||PKR 2,625|
|Bahawalpur||PKR 219,400||PKR 2,625|
|Gujrat||PKR 219,400||PKR 2,625|
|Nawabshah||PKR 219,400||PKR 2,625|
|Chakwal||PKR 219,400||PKR 2,625|
|Hyderabad||PKR 219,400||PKR 2,625|
|Nowshehra||PKR 219,400||PKR 2,625|
|Sargodha||PKR 219,400||PKR 2,625|
|Faisalabad||PKR 219,400||PKR 2,625|
|Mirpur||PKR 219,400||PKR 2,625|