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Ufone 4G, JoChaho join forces to transform online shopping experience
Karachi: Ufone 4G has joined forces with JoChaho, leading e-commerce mobile application to revolutionize online shopping experience for millions of customers across country. Partnership is in line with Ufone 4G’s sustained commitment to enable...
Rupee settles at 291.76 versus dollar
Karachi: Rupee remained in green in value against greenback in interbank market, gaining 0.35 percent. As per State Bank of Pakistan domestic unit settled at 291.76 after an increase of Rs 1.02 in inter-bank market. Currency dealers said that rupee w...
Caretaker PM Kakar looks to attract US investment on sidelines of UNGA
New York: Caretaker Prime Minister Anwaarul Haq Kakar said US corporate sector should look into ways to further enhance its relationship with Pakistan. Remarks were made addressing delegation of US Pakistan Business Council (USPBC) on sidelines of an...
Roche Diagnostics Pakistan marks 25 years of healthcare innovation
Karachi: Roche Diagnostics Pakistan celebrated remarkable 25-year journey of healthcare innovation and partnership during Silver Jubilee Dinner at a local here. For quarter-century, Roche Diagnostics Pakistan has been leader in healthcare innovation,...
Envoy urged to work exploring avenues for enhancing Pakistan’s exports: FPCCI
Karachi: Irfan Iqbal Sheikh President FPCCI apprised that bilateral trade volume in FY22 had surged by almost 400 percent with Bahrain as compared to FY20 as it was recorded at $ 595.12 million in FY22; whereas it was $ 119.95 million in FY20 however...
Rupee gains Rs 1.02 against dollar
Karachi: Rupee gained value against greenback in interbank market as up by Rs 1.02 close at Rs 293.88 against previous day’s closing of Rs 294.90. However, according to Forex Association of Pakistan buying and selling rates of dollar in open ma...
Elections, reforms to boost confidence in economy: ADB
Karachi: Asian Development Bank (ADB) has expressed optimism regarding Pakistan’s economic prospects, highlighting that reform programme and smooth conduct of upcoming general elections are likely to restore investor confidence in country&rsquo...
Country’s power sector circular debt swells to Rs2.31tr in FY23
Karachi: Despite massive increase in tariffs, circular debt stock of Pakistan’s power sector increased to Rs 2.31 trillion by end of June 2023, up from Rs 2.25 trillion at end of previous fiscal year (FY22)-Rs 57 billion or nearly 3 percent, hi...
‘Mafias within Discos’ feeling heat, says Power Division Secy
Karachi: Rashid Langrial, Power Division Secretary said ‘mafias’ within distribution companies (Discos) have started to feel heat, as government’s crackdown against electricity theft enters 12th day. Taking to social media platform...
IMF seeks report on smuggling of petroleum products
ISLAMABAD: International Monetary Fund (IMF) has sought report from Pakistan on smuggling of petroleum products. According to media reports IMF has expressed concern over smuggling of 120,000 tonnes petroleum products monthly. According to FBR sourc...
