Pakistan's current account turned positive in February 2024, reporting a Current Account Surplus (CAS) of US$128mn after a notable Current Account Deficit (CAD) of US$303mn in January 2024. CAD for…
Zong 4G, Pakistan's leading mobile network operator, is revolutionizing communication with the launch of its innovative Notify-Me service. This user-friendly service eliminates the frustration of unanswered calls from an unavailable…
A UK-based organization has launched the Pakistan Special Education Initiative (PSEI) to support children with disabilities in accessing quality mainstream education and achieving important life milestones. PSEI, native to the…
Agreement Details: A press release from the IMF on Mar 20th, 2024, confirmed that the IMF staff and Pakistani authorities had reached a staff-level agreement on the second and final…
Karandaaz Pakistan, a development finance platform at the forefront of promoting financial inclusion and driving digital transformation across the country, announced the launch of GreenFin Innovations (GFI), a groundbreaking initiative…
Humanitarian organizations, United Nations agencies, International donors, and representatives from National and Provincial Disaster Management Authorities gathered here on Tuesday to discuss lessons and reflections from rehabilitation and reconstruction efforts…
Careem, the leading ride-hailing platform in Pakistan, has introduced a series of impactful initiatives this Ramzan, using technology as an enabler in the way donations are traditionally made. With the…
Wilmar Pakistan Holdings Pte. Ltd. ("WPH", a wholly owned direct subsidiary of Wilmar International Limited), Unity Wilmar Agro (Private) Limited ("UWA", a 52% subsidiary of WPH) and certain shareholders of…
Brigadier (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW), said on Tuesday that unemployed youth from poor nations are joining the Russia-Ukraine war in large numbers. He said human…
Johar Qandhari, President of the Korangi Association of Trade and Industry (KATI), has vehemently opposed the proposed hike in gas prices for industrial consumers. Speaking out against the measure, Qandhari…
Spotify celebrated the anniversary of its global K-Pop flagship playlist, K-Pop ON! , which is dedicated to giving listeners a platform to discover and tune in to the best of the genre. To…
Results from a major survey of the accountancy profession suggest that employers' focus on aspects of diversity must be more balanced. 41% of all respondents expressed concerns that their organisation…
Yadea Pakistan, a global leader in electric bikes, and Bank Alfalah have joined hands in a special partnership by signing a Memorandum of Understanding (MoU) to provide its customers with…
Pakistan Solar Association (PSA), the leading trade body dedicated to advancing solar energy in Pakistan, reaffirms its commitment to its mission despite recent attempts to tarnish its reputation. With over…
foodpanda, Pakistan's leading delivery platform, has announced another round of donations to support relief efforts in Gaza during today's Pakistan Super League (PSL) final between Islamabad United and Multan Sultans.…
Johar Qandhari, President of the Korangi Association of Trade and Industry (KATI), congratulated the newly elected ministers of the Sindh cabinet, emphasizing the urgent need for the Chief Minister to…
The recent data released by the Pakistan Bureau of Statistics reveals a jump in the production of Large Scale Manufacturing Industries (LSMI) for Jan'24, indicating a 1.8% increase compared to…
Monetary Policy Statement At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 percent. In approaching today's decision, the Committee noted that…
SGS is approved by the Saudi Arabia Standards, Metrology and Quality Organization (SASO) as a notified body to support businesses looking to trade with Saudi Arabia. From cement and ceramic…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that masses and…
Syed Rizwan Aziez, Head of Bancassurance, Jubilee Life Insurance, presented Shadab Khan with the Safe Hands of the Match Award after the match between Islamabad United and Peshawar Zalmi. This…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Sunday that the demand for dollars in the market should remain balanced. He said…
PSX's outlook Ongoing discussions with the IMF focus on securing the SBA's second tranche. On successful conclusion, Pakistan will receive the third tranche of the SBA, totaling USD 1.1 bn.…
Murtaza Mughal, President of Pakistan Economy Watch (PEW), said on Sunday that the business community's demand to reduce the interest rate is unjustified, as it will weaken the rupee and…
The Salt Manufacturers Association Pakistan (SMAP) welcomes the newly elected government and expresses optimism for positive changes and advancements in various sectors, particularly in addressing longstanding issues surrounding the salt…
