IMF to release tranche on Monday after board meeting: Miftah Ismail
Minister for Finance and Revenue Miftah Ismail Friday said the International Monetary Fund (IMF) would release the tranche (worth US$1.17 bn) to Pakistan after its board meeting on Monday. Addressing a press conference here, the minister said Pakistan had already fulfilled all the requirements of the IMF and it is very likely that the board…
Adil Aziz
PTA introduces 9999 SMS code for flood relief donations
The Pakistan Telecommunication Authority (PTA) on Friday introduced a text-to-donate short code 9999 to enable the consumers donate their funds through mobile phone text to support the flood victims. The consumers would be required to write “fund” and send to the 9999 short code to donate Rs10 to contribute to the relief and rehabilitation activities…
FrieslandCampina Engro Pakistan Posts Profit of Rs. 938 million in H1 2022
Despite steep increases in commodity costs due to soaring inflation, and the rapid, unprecedented devaluation of the Pakistani Rupee, FrieslandCampina Engro Pakistan Limited (FCEPL) registered a Profit After Tax (PAT) of Rs. 938 million in the first half of 2022 against Rs. 1,414 million for the same period last year. The flagship brand, Olper’s, led…
Reema Khan sends pulses racing with latest bridal shoot
Top-notch Pakistani actress, director, producer and television host Reem Khan never fails to impress her huge fan following with back-to-back hit projects and stunning looks. The knock-out beauty continues to win over social media with her captivating photos and videos. The Powerhouse of talent has greatly contributed in the showbiz industry, the lady herself is…
Thar Coal to generate 2600 MW electricity this year: Khurram Dastgir
Federal Minister of Energy (Power Division) Engineer Khurram Dastgir Khan on Thursday said that Thar Coal Project would generate 2600 MW electricity this year and it would be one of the major energy project of the country. Thar people have the right of employment in the project and in this regard directives were issued to…
PSMA ask government to allow him to export Surplus Sugar
Pakistan Sugar Mills Association (PSMA) Sindh chapter on Thursday said the dollar-strapped Pakistan can fetch up to $1 billion by exporting the minimum 1.3 million tonnes of surplus sugar, currently stocked in local go-downs, this year till November 30. Addressing a Press Conference at FPCCI Head Office, the PSMA Sindh chapter Chairman Zaid Zakarya urged…
Exhibition being held to enhance mutual trade between Iran and Pakistan
A three-day long exhibition to enhance cooperation for mutual trade and investment between Iran and Pakistan being held here in Islamabad will conclude tomorrow. ‘Pakistan-Iran Trade Exhibition’, organized under the auspices of the Embassy of Iran in Islamabad with the support of Iran National Innovation Fund and Ministry of Labor and Social Welfare Iran, began…
President stresses upon innovation in agri, industrial sectors for fast-paced development
President Dr Arif Alvi on Thursday said that Pakistan had immense potential to emerge as an economically strong country by adopting critical IT-based innovative technologies to substantially increase agriculture yields. He also stressed upon investing in research and development (R&D) to indigenously invent new products, adding value to its industrial production, and bringing youth bulge,…
Meezan Bank, Samba Bank collaborate with Pakistan Embassy Bahrain to celebrate RDA success
Meezan Bank and Samba Bank in collaboration with the Embassy of Pakistan in Bahrain hosted a reception at the Gulf Hotel, Manama-Bahrain by inviting prominent Non-Resident Pakistanis and customers to celebrate the success of Roshan Digital Account (RDA) in Pakistan. State Bank of Pakistan, with the goal of achieving digitization is working towards providing technology-enabled…
Logistics giant BlueEX partners with ABHI to offer the facility of Earned Wage Access to all their employees across Pakistan
BlueEX joins hands with ABHI, Pakistan’s first financial wellness platform, to offer its employees the facility of Earned Wage Access, giving them the freedom to access their salaries whenever they want, saving them from financial distress. On a mission to financially empower salaried individuals, ABHI is changing the landscape of the payroll in Pakistan and…