Emerging markets can lose major business, after red sea disruption
The wave of attacks against merchant ships in the Red Sea is forcing companies to send ships on longer routes and threatens to hurt an already wobbly global economy.
Adil Aziz
SECP warns public against illegal investment schemes of Prime Zone
The Securities and Exchange Commission of Pakistan has observed that M/s Prime Zone and its owner, Mr. Imran Butt, are involved in offering illegal deposit and investment schemes to the public by promising unrealistic monthly returns in the name of LPG trading.
Maher Anjum and Hareem Rashid light up Times Square as Spotify’s EQUAL Pakistan Ambassadors
EQUAL Pakistan has featured another two distinguished ambassadors, Hareem Rashid, and Maher Anjum for November and December 2023 respectively. Both artists have earned widespread acclaim for their unique contributions to the music industry, and as part of the EQUAL Pakistan program, they have been featured on a digital billboard at Times Square, New York.
Incoming day’s will consumers to suffered delay in shipment, due to tension in red sea
SHIPPING and logistics companies are warning of delays and higher charges for Asia-Europe freight, as major shipping lines reroute from the Suez Canal to avoid Yemeni rebel attacks in the Red Sea.
Current Account Deficit declines to $1.6Billion in 5 months: SBP
The Current Account Deficit (CAD) has significantly slid down to $1.16 billion during the first five months of current fiscal year as compared to the deficit of $3.26 billion during the same period of last year, State Bank of Pakistan reported.
ABHI has been selected as one of the Future 100 companies in the UAE
ABHI, an embedded finance platform, providing innovative finance solutions to businesses and their employees, has been selected as one of the Future 100 companies in the UAE.
Govt wants to transformation in the Insurance sector:Dr Shamshad Akhtar
Federal Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar said Pakistan needs significant transformation in the insurance industry to address its fundamental challenges while catching up with global trends to maximize the value proposition of this industry.
Federal cabinet approves country’s first-ever National Space Policy
Caretaker Federal Minister of Information Technology and Telecommunication (MOITT) Dr. Umar Saif said that the federal cabinet has approved the country’s first-ever “National Space Policy.”
PTA issues Cyber Security strategy 2023-2028 for Pakistan’s Telecom sector
The Pakistan Telecommunication Authority has issued its Cyber Security Strategy for Pakistan’s Telecom Sector, a comprehensive and ambitious plan set to span from 2023 to 2028.
State Bank to Maintain the policy rate at 22%
Monetary Policy Committee (MPC) decided to maintain the policy rate at 22 percent. The decision does take into account the impact of the recent hike in gas prices on inflation in November, which was relatively higher than the MPC’s earlier expectation.