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SBP says Pakistan receives $705.6m from IMF
Karachi: Pakistan has received tranche of $ 705.6 million from International Monetary Fund (IMF), said State Bank of Pakistan (SBP). Development comes days after IMF Executive Board completed first review of $ 3 billion Stand-By Arrangement. “S...
Gold price per tola decreases by Rs600
Karachi: Gold price decreased in line with decline in international rate. Yellow metal was priced at Rs 217,300 per tola after shedding Rs 600 per tola during day. 10-gram gold was sold at Rs 186,300 after decrease of Rs 514 per ten gram, according...
EU supports Pakistan on GSP+ status for further export growth
Karachi: Dr. Riina Kionka Ambassador of EU in Pakistan has paid detailed visit to FPCCI here along with her senior team members aimed at offering apex body their full support in fulfilling GSP+ opportunities and requirements. Dr. Riina Kionka apprise...
President directs insurance company to refund Rs100,000 with profit
ISLAMABAD: President Dr Arif Alvi has directed EFU Life Assurance Ltd to refund Rs 100,000 along with profit to poor lady who had been misled to obtain insurance policy. According to press release issued by President House Press Wing, Zubaida Begum h...
FPCCI, Scottish chamber to work in tandem
Karachi: Atif Ikram Sheikh President FPCCI apprised that FPCCI and Scottish Chambers of Commerce (SCC) will tangibly enhance their cooperation to promote trade, investments, joint ventures and broader economic relations. He reiterated fact that Pakis...
US redefining bilateral relations with Pakistan: US economic envoy
KARACHI: Shelley Saxen Political and Economic Chief of US Consulate General said that US-Pakistan bilateral relationship is strong and continues to expand and our interest is in helping Pakistan grow its economy. She added that private sector must be...
Gold price drops by Rs300 per tola in Pakistan
Gold prices in Pakistan witnessed a decline on Wednesday, aligning with the global decrease in rates. The cost of the yellow metal per tola stood at Rs216,100 after a reduction of Rs300 during the day. The 10-gram gold rate also saw a drop, selling a...
NDRMF, IRC Pakistan emerge as strategic partners for shaping resilience
Islamabad: In an attempt to address challenges of disaster risks and vulnerability faced by Pakistan, National Disaster Risk Management Fund (NDRMF) and International Rescue Committee (IRC) have solidified their commitment for enhancing resilience in...
PTCL Group, TPL Trakker join hands for provision of ICT services
Karachi: PTCL Group (PTCL and Ufone 4G) and TPL Trakker have renewed their partnership for continued provision of state-of-the-art machine to machine (M2M) and ICT services to TPL Trakker under PTCL Group Business Solutions. Group Chief Business Solu...
Govt establishes specialised tribunal for Pakistan’s telecom sector
Karachi: Interim government has established specialised tribunal i.e. Telecommunication Appellate Tribunal to resolve legal issues related to Pakistan’s telecom sector speedily. Caretaker Information Technology (IT) Minister Dr Umar Saif announ...
