State Bank of Pakistan and Ministry of Foreign Affairs Jointly Conducted Training Program for ASEAN Member States
National Institute of Banking and Finance (NIBAF), a subsidiary of State Bank of Pakistan, in collaboration with Ministry of Foreign Affairs organized a 5-day training program on ‘Digital Payments Landscape and Financial inclusion in Emerging Markets’ for ASEAN Member states. The program was held from May 8-12, 2023, which was attended by 24 participants from…
Adil Aziz
Reduction in petroleum prices to provide impetus to industry, curtail inflation: FPCCI
United Business Group (UBG) of the Federation of Pakistan Chamber of Commerce and Industry hailing the decision of the government to reduce fuel prices said that it will help curtail inflation, cut down the cost of production and provide impetus to industry. Chairman UBG Shahzad Ali Malik said that it’s a good decision of the…
PSW Extends Coverage to Dry Ports in Pakistan
Pakistan Single Window (PSW) has extended the scope of its operations to all dry ports (except Quetta) with effect from May 3, 2023, a move that will further facilitate the country’s cross-border trade operations. With the new development, goods and commodities clearance of commercial consignments classified under Chapters 1 to 50 of the Pakistan Customs…
Debt Service Suspension Agreement with Korea signed
The Government signed a Debt Service Suspension Agreement with Republic of Korea amounting to deferment of payment of loans worth $19.911 million, under the G-20 Debt Service Suspension Initiative (DSSI) framework. This amount, initially had to be repaid between July and December 2021, will now be repaid over a period of six years (including one-year…
Ufone 4G and Pakistan Polio Programme join hands for Polio eradication in Pakistan
Ufone 4G, a Pakistani Telecommunication company has embarked on a shared initiative with the Polio Eradication Initiative (PEI) in Pakistan to raise awareness amongst the citizens regarding the importance of polio eradication through vaccination. In pursuit of this mission, Ufone 4G has launched an extensive SMS broadcast across the districts of Khyber Pakhtunkhwa (KPK), South…
Seminar stresses sustainable tourism development in Neelum Valley
Speakers at a seminar urged the authorities concerned to take stringent measures for the protection of natural resources and forests of the Neelum Valley and sustainable tourism in the area, the largest hub of biological diversity. The seminar was organized by the Forests Protection Council and Community Development Group of the Neelum Valley in connection…
Pakistan-Czech Republic trade volume reaches over $300 Million: Czech Envoy
Ambassador of the Czech Republic to Pakistan Tomáš Smetánka that the bilateral trade volume between Pakistan and Czechia had reached over $300 million and both countries were focusing on enhancing trade in multiple sectors like the mining industry and agriculture sector. “Pakistan’s exports to the Czech Republic are about four times higher than the Czech exports to…
Pakistan and Ethiopia ready for significant progress in economy and technology
Minister of State for Innovation and Technology of Ethiopia Dr Foziya Amin said that visit of Ethiopian delegation to Pakistan would contribute to further strengthen trade ties between both countries. She said that there are vast opportunities of cooperation between both countries in various fields including economy, IT, science and technology. She stressed the need…
More than 2 million Toyota users face risk of vehicle data leak in Japan
TOYOTA Motor said on Friday (May 12) the vehicle data of about 2.15 million users was left publicly available in Japan for about a decade from November 2013 to mid-April. The incident comes as the world’s biggest automaker by sales makes a push into vehicle connectivity that is seen as crucial to offering services such…
Emirates Group announces 2022-23 results
Group reports annual profit of AED 10.9 billion (US$ 3.0 billion), a new profit and revenue record and a significant turnaround from last year Emirates reports its most profitable year ever with a profit of AED 10.6 billion (US$ 2.9 billion) compared with AED 3.9 billion (US$ 1.1 billion) loss in the previous year dnata…