News & Updates

News Update

14

Dec 2023

Dec 14, 2023 • 5 min read

Jazz-Powered 5G Innovation Hackathon Sees Teams Exploring Viable 5G Use Cases

Fifteen teams from different cities across Pakistan are currently on a quest to explore practical 5G use cases in the co...

Read Full Article

News Update

14

Dec 2023

Dec 14, 2023 • 5 min read

Pakistani Fintech ABHI Selected in UAE’s Future 100 Companies

Pakistan’s ABHI, an embedded finance platform, has been selected as one of the Future 100 companies in the UAE. Future10...

Read Full Article

News Update

14

Dec 2023

Dec 14, 2023 • 5 min read

Punjab Surpasses Wheat Cultivation Target Of 16.5 Million Acres for FY24

Punjab province has surpassed its wheat cultivation target for the ongoing 2023-24 season, cultivating an impressive 16....

Read Full Article

News Update

14

Dec 2023

Dec 14, 2023 • 5 min read

Another IMF Condition Fulfilled: Govt Blocks Rs. 29 Billion Funds of Parliamentarian Schemes

The federal government has fulfilled yet another condition of the International Monetary Fund (IMF) by withholding the r...

Read Full Article

News Update

14

Dec 2023

Dec 14, 2023 • 5 min read

realme C53 – A Device that Champions in the Smartphone Segment

Smartphones have become an integral part of our daily lives, and with the market flooded with options, finding the right...

Read Full Article

News Update

14

Dec 2023

Dec 14, 2023 • 5 min read

Mobile Phones to Become More Expensive as FBR Announces New Valuations

The prices of renowned mobile phone brands are all set to increase in Pakistan following a major increase in the customs...

Read Full Article

News Update

14

Dec 2023

Dec 14, 2023 • 5 min read

Sugar Satta Begins in Middle of Crushing Season Despite Smuggling Curbs

After a brief respite, sugar prices are once again on the rise, influenced by various factors despite being in the midst...

Read Full Article

News Update

14

Dec 2023

Dec 14, 2023 • 5 min read

OGRA Asks Oil Marketing Companies to Rescue Attock Refinery

The Oil and Gas Regulatory Authority (OGRA) has instructed oil marketing companies to ease the inventory crisis of Attoc...

Read Full Article

News Update

14

Dec 2023

Dec 14, 2023 • 5 min read

FBR Should Give More Time to Retailers to Integrate With Sales Tax System: Expert

The Federal Board of Revenue (FBR) has to give sufficient period to the importers, manufacturers, wholesalers/dealers/di...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

PSW Begins Phased Implementation of DRAP e-Services

In a move set to enhance transparency, efficiency, and ease of doing business for pharmaceutical companies, commercial i...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Germany Allocates €12 Million Funds for Flood Relief in Pakistan

The German Federal Ministry of Economic Cooperation & Development (BMZ) through the KfW Development Bank has announced a...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Federal, Provincial Govts to Discuss Transfer of PSDP Projects to Respective Provinces

The federal and provincial governments are set to discuss the transfer of federal Public Sector Development Program (PSD...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Govt Hints at Another Big Increase in Gas Prices

A meeting of the Senate Standing Committee on Petroleum was held at Parliament House on Wednesday with Senator Mohammad...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Puma Energy, Chishti Group Ink Brand License Agreement

Puma Energy International and Chishti Group have inked an extended brand license agreement that allows Puma Energy’s bra...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Electricity Distribution Companies Admit to Overbilling Citizens

Distribution companies (DISCOs) under the Power Division admitted that they overbilled citizens but blamed it on natural...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Oilseed Prices Remain Down Despite Lower Production 

Edible oil is Pakistan’s second-biggest single import, which makes local oilseed crops critically important. Despite las...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Strict Action to be Taken Against Fertilizer Dealers Overcharging Farmers

The Economic Coordination Committee (ECC) of the cabinet Wednesday directed that strict action should be taken against t...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Pakistan’s Economic Recovery Constrained by Moderate Confidence, High Inflation : ADB

Pakistan’s overall recovery is still constrained by moderate confidence and high inflation eroding purchasing power, acc...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Pakistan Needs Significant Transformation in Insurance Industry: Finance Minister

Pakistan needs to track and embrace emerging trends in the insurance sector as the global insurance industry is undergoi...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Taj Gasoline Company Extends Offer Period to Buy 41% Hascol Shares

Taj Gasoline (Private) Limited has extended the initial time period to purchase 41 percent voting shares and control of...

Read Full Article

News Update

13

Dec 2023

Dec 13, 2023 • 5 min read

Consumer Woes Continue: Onion, Wheat Flour, and Sugar Prices Reach New Highs

In an already challenging economic environment, the escalating prices of essential commodities such as wheat flour, onio...

Read Full Article