Bangladesh Dy HC organizes impressive week-long “Development Fair” from 07-13 Dec
KARACHI: Bangladesh Deputy High Commission in Karachi arranged a Week-long “Development Fair” during 07-13 December 2023 to showcase Bangladesh and her recent developments and to promote economic relations of Bangladesh with Pakistan. The...
Bank Alfalah, IFC collaborate for green banking initiative
KARACHI: Bank Alfalah, a leading commercial bank in Pakistan and the International Finance Corporation (IFC) formalised a Green Banking Advisory Agreement. This agreement underscores Bank Alfalah’s dedication to fostering sustainable and accoun...
PTCL to acquire 100pc of Telenor Pakistan
KARACHI: In a major consolidation of the telecom sector, Pakistan Telecommunication Company Limited (PTCL) has entered into a Share Purchase Agreement (SPA) with the shareholders of Telenor Pakistan (Private) Limited (TPL) for the acquisition of 10...
SIFC reviews progress of policy initiatives, key sector projects
ISLAMABAD: Executive Committee for Special Investment Facilitation Council (SIFC) on Thursday began its two-day meeting to review the progress of various policy-level initiatives and projects in the key sectors. The meeting, chaired by Minister for P...
Pakistan’s total liquid foreign reserves reach $12.2bln
KARACHI: The total liquid foreign reserves of Pakistan reached US$12,206.4 million while the reserves held by the central bank stood at $7,040.8 million. The State Bank of Pakistan, in a statement issued here on Thursday, informed that SBP’s re...
‘Pakistan’s fourth annual report on budget transparency released’
Karachi: Giving legal protection to citizens' participation in the budgeting process has become inevitable. There is also a need to increase the role of the members of the assemblies during budgeting and its implementation. These recommendations were...
At least 23 soldiers martyred, 27 terrorists ‘sent to hell’
DI KHAN: In an extremely distressing incident, at least 23 soldiers of Pakistan Army embraced martyrdom while 17 terrorists killed in three separate incidents in Dera Ismail Khan, the military’s media affairs wing said yesterday. According to I...
Islamic brotherhood plays major role in economic development: Governor Tessori
Karachi: Sindh Governor Kamran Khan Tessori attended the reception given in honor of Saleh Al Salmi, Vice Chairman of IFA Group of Kuwait. Governor Sindh said that Islamic brotherhood countries have always helped Pakistan. He further said that there...
JS Bank, UKS join forces to champion gender equality and women’s empowerment
Karachi: Reiterating its commitment to social responsibility, JS Bank, one of the fastest-growing banks in Pakistan, has partnered with the UKS Research Centre to raise awareness of Gender Equality and Women Empowerment. The MoU was signed between At...
SBP holds steady: Maintains key policy rate at 22pc
KARACHI: In line with expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) kept the key policy rate unchanged at 22%. “At its meeting today, the Monetary Policy Committee (MPC) decided to maintain the policy r...
