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...
Rupee continues to strengthen against USD
KARACHI: The Pakistani rupee registered gains against the US dollar, appreciating 0.02% in the inter-bank market on Thursday. As per the State Bank of Pakistan (SBP), the rupee settled at 281.67 after an increase of Re0.05. On Wednesday, the rupee ha...
Pakistan to establish ‘E-Rozgar Centres’ for freelancers
ISLAMABAD: Caretaker Minister for Information Technology Dr Umar Saif disclosed that government would initiate project to establish 10,000 countrywide E-Rozgar centres equipped with latest facilities to facilitate freelancers and start-ups from Janua...
Pakistan’s bond rally may extend into 2024 contingent on another IMF bailout: Report
Karachi: Investors believe Pakistan’s dollar bonds will rally for second year as government is expected to secure another bailout from International Monetary Fund (IMF), reported Bloomberg. UBS Asset Management and William Blair Investment Mana...
LTO Karachi surpasses target of Rs1,221bn tax collection
KARACHI: Federal Board of Revenue (FBR) Large Taxpayer Office Karachi for first time crossed one trillion benchmark of half-yearly collection by incurring taxes amounting to Rs 1,221 billion during July to December 2023. In first six months of fiscal...
KTH Chief calls for exploiting all resources to attract FDI
LAHORE: Coordinator to Minister of State and Federal Tax Ombudsman and Kyrgyzstan Trade House (KTH) Chairman Meher Kashif Younis said that government should fully exploit an ideal geographical location of country, which has abundance of natural and h...
Continued growth: USD strengthens from previous day's advance
The US Dollar (USD) rose again on Wednesday after jumping the previous day, underpinned by elevated U.S. Treasury yields and a cautious turn that weighed on Wall Street. Trading was relatively subdued, with Japanese markets shut for a holiday and inv...
Gold prices surge in Pakistan
KARACHI: The per tola rate of 24 karat gold increased by Rs 1600 in the local marker on Tuesday. The price of 10 grams of 24 karat gold increased by Rs1600 to Rs221,300 in the domestic market, the All Sindh Sarafa Jewellers Association said. The pric...
