Pakistan’s liquid foreign reserves reach $16.41 billion: State Bank
The total liquid foreign reserves of Pakistan stood at US$ 16,408.7 million as of December 27, 2024 while the reserves held by the central bank were recorded as $ 11,710.5 million.
Adil Aziz
PTA signs MoU with Deaf Tawk to advance accessibility for the special need
The Pakistan Telecommunication Authority (PTA) signed an MoU with Deaf Tawk to advance accessibility for people with special needs (hearing impairments) in public services.
SECP notifies adoption of IFRS standards for sustainability disclosure
The Securities and Exchange Commission of Pakistan (SECP) has notified the adoption of IFRS Sustainability Disclosure Standards in a phase-wise manner in Pakistan. The IFRS-S1, ‘General Requirements for Disclosure of Sustainability-related Financial Information’ and IFRS-S2, ‘Climate-related Disclosures’, are issued by the International Sustainability Standards Board (ISSB) and recommended for adoption in Pakistan by the Institute of Chartered Accountants of Pakistan (ICAP).
JazzCash introduces BNPL: Your new way to shop smart
JazzCash, Pakistan’s leading fintech platform, has launched Buy Now, Pay Later (BNPL), a convenient alternative to traditional credit cards.
NLC & DP World Launch Historic Direct Shipping Service from Karachi to Chittagong
NLC and DP World have shipped more than 1,000 containers between Pakistan and Bangladesh since launching the first direct shipping route between the two countries in October, a strategic initiative that will significantly strengthen trade and regional connectivity in South Asia.
PTCL partners with IBM & GBM Pakistan to modernize its IT infrastructure using IBM technology
Pakistan Telecommunication Company Limited (PTCL), the country’s leading ICT services provider, has partnered with GBM Pakistan and IBM to modernize IT infrastructure. This strategic partnership strives to boost PTCL’s operational efficiency while establishing a foundation for cutting-edge innovations and a comprehensive upgrade of Enterprise Systems.
Pakistani rice exports surge by 35.40% in first five months of FY 2024-25
During the first five months of the current financial year, the country’s rice exports experienced a remarkable growth of 35.40% compared to the same period last year. During the period from July-November 2024, over 2.377 million metric tons of rice including basmati rice and others valued at $1.515 billion, were exported as compared to the…
Singapore’s Flight Routes Rank Among Top 10 Busiest Globally in 2024
According to a report by global travel data platform OAG, Singapore features on three of the world’s busiest international flight routes this year.
Pakistan’s Textile Exports Surge by 10.51% to $7.607 Billion in Five Months
Textile exports experienced a 10.51 percent increase during the first five months of the current financial year (2024-25), compared to the same period last year, according to the Pakistan Bureau of Statistics (PBS) report.
State Bank of Pakistan cuts interest rate by 2% to 13%
The central bank of Pakistan has reduced its key policy rate by 200 basis points, bringing it down to 13%. This marks the fifth consecutive rate cut since June, driven by ongoing efforts to stimulate the economy amid easing inflation.