KCFR signs MoU with Swiss Asian Chamber of Commerce at Davos
To strengthen trade and economic relations between Pakistan and Switzerland, Pakistani think tank Karachi Council on Foreign Relations has signed a Memorandum of Understanding (MoU) with Swiss Asian Chamber of Commerce (SACC) at Pakistan’s Pavilion at ongoing World Economic Forum Davos yesterday. The MoU was signed by Chairman SACC Dr. Urs Lustenberger and Chairman KCFR…
Adil Azizrealme C35 to Reign the Pakistani Smartphone Market Following Global Domination
After clinching the top spot in European and South Asian markets – realme C35 is all set to capture hearts and minds in Pakistan realme has dedicated the first few months of the year 2022 to its offerings in the mid-range and high-end segments, the realme 9i and realme 9 Pro+ respectively. After the successful…
Building Communities: KE Renovates Tanveer Shaheed Park
Committed to making Karachi’s future more clean and green, K-Electric has renovated yet another park in the city. Located in the densely populated area of Nazimabad, Tanveer Shaheed Park had remained in an unusable condition for years, which will now provide a recreational facility to around 1,000 households in the vicinity. This development initiative was…
Chinese company to invest $ 50 million in Gwadar, Karachi
Optima Integration Group of China on Monday joined hands with Asia Pak Investments of Pakistan to invest $50 million in the first phase to develop agriculture power and logistics sectors in Gwadar and Karachi. The Board of Investment (BoI) facilitated the signing of a memorandum of understanding (MoU) between the two companies in this regard,…
Monetary Policy Statement
At today’s meeting, the Monetary Policy Committee (MPC) decided to raise the policy rate by 150 basis points to 13.75 percent. This action, together with much needed fiscal consolidation, should help moderate demand to a more sustainable pace while keeping inflation expectations anchored and containing risks to external stability. Since the last MPC meeting, provisional…
SECP releases Annual Report for FY 2020-21
The Securities and Exchange Commission of Pakistan (SECP) has released its annual report for the fiscal year 2020-21. The report covers the reforms undertaken with the objectives to ensure effective enforcement, improve access to finance, encourage capital formation, simplify regulatory processes and reduce costs of doing business. SECP Chairman Aamir Khan, in his message published…
Spotify continues its journey of acknowledging Pakistani women artists with Hadiqa Kiani as the third Ambassador for EQUAL
Hadiqa Kiani, Pakistan’s most prolific music icon, becomes EQUAL Pakistan’s Ambassador of the Month As EQUAL Pakistan continues to highlight a mix of iconic and emerging musical talents from the country, Spotify announces its third Ambassador of the month. The brand continues to celebrate women and their achievements in the field of music with Hadiqa…
foodpanda Pakistan partners with City Traffic Police for license renewal of its riders
Reinforcing its commitment to continue serving the community, foodpanda Pakistan collaborated with City Traffic Police for the license renewal of its riders at the riders hubs in Lahore. The license renewal drive was spread over two days where riders got their relevant documents validated according to applicable traffic guidelines. Few new riders were also issued…
Uzbek envoy hinted at possibility of Pak- Uzbekistan FTA
Ambassador of Uzbekistan to Pakistan, Aybek Arif Usmanov on Friday said that the possibility of signing a free trade agreement between Pakistan and Uzbekistan cannot be ruled out. A Preferential Trade Agreement (PTA) has been signed for the promotion of bilateral liberal trade between the two countries, which has a great potential to increase bilateral…
Govt committed to provide friendly environment to investors: Miftah Ismail
Federal Minister for Finance and Revenue, Miftah Ismail said here on Thursday that the incumbent government was committed to provide conducive and friendly environment to the investors and businessmen for the growth of economic activity and enhancement of exports. In a meeting with the Vice Chairman of Indus Motor Company, Shini Yanagi, the Finance Minister…