PTA gets five proposals for 5G spectrum auction
ISLAMABAD: Pakistan Telecommunication Authority (PTA) has received five proposals from international consultants to oversee 5G spectrum auction in country, with process expected to be completed within ongoing fiscal year. However, industry players h...
UN, EFP strengthen collaboration on SDGs, fair work
KARACHI: Employers' Federation of Pakistan team in collaboration with International Labour Organisation Office for Pakistan discussed enhancing private sector involvement in achieving Sustainable Development Goals. United Nations Resident Coordinato...
Jazz, Mobilink Bank forge alliance for digital financial inclusion
KARACHI: Jazz and Mobilink Microfinance Bank Limited (MMBL) combined their strengths to advance financial inclusion and empowerment throughout Pakistan. This partnership marks significant milestone in digital transformation of nation's financial ser...
IMF pours cold water on Punjab's cheap power plan
ISLAMABAD: International Monetary Fund (IMF) has slapped Pakistan with slew of new conditions regarding energy subsidies and provincial budgets after Punjab took "Fiscally reckless" decision to give Rs 45 to Rs 90 billion electricity subsidies...
Govt working on implementing IMF conditions, says PM
ISLAMABAD: Prime Minister Shahbaz Sharif said government is working on implementing "Requirements and conditions" of International Monetary Fund (IMF) programme, remarks that come as Executive Board approval for Pakistan's $ 7 billion Extended...
Philip Morris successfully completes Skills Training Project for 896 adolescents
KARACHI: Philip Morris (Pakistan) Limited – PMPKL Leaf (PK-Leaf) successfully completed another round of Skills Training Project (‘Project’) for the year 2024. Every year, PK-Leaf undertakes the Project for children of its contracte...
LESCO, IESCO give Rs14 per unit relief to power consumers
LAHORE: Lahore Electric Supply Company (LESCO) has started giving Rs 14 per unit relief to its consumers as promised by Punjab Chief Minister Maryam Nawaz. LESCO has been issuing bills to consumers with message printed on them that bill has be...
KSE-100 gains 357pts on banks
KARACHI Pakistan Stock Exchange (PSX) benchmark KSE-100 Index closed higher by 357 points. KSE-100 started session with buying spree that largely continued till end. At close, benchmark index settled at 78,349.66, up by 356.88 points or 0.46 percent....
KSE-100 closes lower, sheds 91pts
KARACHI: Pakistan Stock Exchange's benchmark KSE-100 Index closed marginally lower by 91 points as index failed to sustain intra-day gains amid lack of positive triggers. KSE-100 started session positive, hitting an intra-day high of 78,334.61, follo...
FBR agrees to revise tax scheme in response to traders' demands
ISLAMABAD: Federal Board of Revenue (FBR) has expressed its willingness to amend tax scheme according to demands of traders, signalling potential shift in ongoing discussions over tax collection. According to FBR sources, revised note could be issue...
