At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 21 percent. The MPC noted that higher inflation outturns for April and May…

The government should remove the tax on freelancers earning precious foreign exchange for the country through working on different projects for foreign clients. In a budget proposal sent to the…

Brig. (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW), said on Friday that the world has changed. Becoming an economic power has become more important than a nuclear power.…

Governor State Bank of Pakistan (SBP) Mr Jameel Ahmad said that collaboration among regulators, financial institutions, industry players, and Shariah scholars is essential for bringing standardization of Islamic financial contracts…

Mr. Suleman Chawla, Acting President FPCCI, has advocated that Pakistan Stock Exchange (PSX) should facilitate and enable Pakistani IT, FinTech, Software Houses and other tech firms to enlist with PSX;…

Aminul Haq, the Federal Minister for Information Technology and Communication, stated that an agreement has been made with Google for 45,000 scholarships, which will increase to 450,000 next year. The…

The National Bank of Pakistan has unequivocally recognised and commended the ground-breaking accomplishments of its Digital Champion campaign. The bank deeply appreciates its esteemed digital ambassadors whose unwavering commitment and…

The Paediatric Surgery team at Aga Khan University Hospital (AKUH) in Karachi has achieved a remarkable feat by successfully performing a bedside surgery on a newborn baby for hernia repair.…

What makes an organization truly a 'learning organization'? According to MIT's Peter Senge, learning organizations are those in which people continually expand their capacity to create desired results. New ways…

In a major policy directive for combating the menace of social engineering and other digital banking frauds, the State Bank of Pakistan (SBP) has directed commercial banks and Microfinance Banks…

Pakistan posted a Current Account Surplus (CAS) of only US$18mn in April 2023 against a surplus of US$750mn in March 2023, the numbers are lower than market expectations. Tighter monetary…

President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, after listening to the grievances being faced by members of All City Tajir Ittehad (ACTI), assured that KCCI, being…

·         The IMF's latest demand is for further interest rate hikes in the country, with some media sources reporting an increase to as much as 25%. The SBP stated that real…

Ambassador of Pakistan to Ghana Farhat Ayesha hosted a dinner in honour of the Pakistani trade delegation visiting Ghana. The delegation is visiting the African country under the leadership of…

Former Vice President of FPCCI and Senior Business Leader Captain Abdul Rashid Abro said that during the current fiscal year, millions lost their jobs in many sectors across the country…

During a recent visit to Karachi, Pakistan, I had the opportunity to tour the facilities of Meraj Limited at Korangi Industrial Area Rd, behind Main, Sector 15 Korangi Industrial Area,…

The State Bank of Pakistan will remain closed on May 1, 2023 (Monday) on the occasion of "Labour Day" as declared by the Government of Pakistan.

Karandaaz Pakistan and foodpanda Pakistan recently signed an agreement which aimed to increase financial inclusion in the country by facilitating the onboarding of customers, who are habitual users of the…

In the spirit of the Holy month of Ramazan, Jubilee Life Insurance, Pakistan's largest private sector insurance company, as a socially responsible corporate entity, celebrated the occasion by distributing gift…

The State Bank of Pakistan will remain closed from 21st to 25th April 2023 (Friday to Tuesday) on the occasion of Eid-ul-Fitr.      

Applications are now open in Pakistan for the 2023 edition of the Visa Everywhere Initiative (VEI), a global open innovation competition that sees startups pitch their innovative solutions to solve…

· Mar'23 volumetric offtake clocked in at 1.1mn tons, falling by 9%/39% on a MoM/YoY basis, with HSD and FO leading the decline (down 43%/70%YoY). · The said fall (35…

· The PSX recorded a negative session today. The market opened in the red and continued to trade in the same territory due to the expectation of a rate hike…

Continuing its annual tradition, Daraz, Pakistan's leading online marketplace, has partnered with several non-profit organizations to give its users the option to support causes closest to their hearts during Ramadan.…

The prevalence of Glaucoma in children is increasing rapidly in Pakistan, requiring proper intervention, Al-Shifa Trust eye hospital said Friday. Glaucoma in children is a vision-threatening condition highly prevalent in…