Ahsan Iqbal Advocates for Medium-Term Framework to Deregulate Sugar Industry
Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal directed developing a medium-term framework for deregulating sugar industry, stressing industries to ensure data uniformity, crop zoning and backward integration.
Mehfooz
realme C75, the Best Waterproof Smartphone with Industry-first Water Damage Warranty Now Available in Pakistan
The realme C75 is the first smartphone in the country to feature an IP69 rating, offering unmatched durability for today’s active lifestyles. This certification ensures complete resistance to dust and protection against high-pressure, high-temperature water jets, making it ideal for harsh environments, outdoor adventures, or accidental spills.
SBP, banks to remain closed for public dealing on 1 January
The State Bank of Pakistan (SBP), all banks and financial institutions will observe Bank Holiday on Wednesday and remain closed for public dealing.
Spotify partners with JazzCash to localize Premium Subscription Payments in Pakistan
The monthly Premium Individual subscription plan is priced at PKR 349, with payments made directly through the Spotify app, providing an affordable and convenient way to upgrade to Premium.
SECP ceases guarantees business of Crescent Star insurance Limited
The Securities and Exchange Commission of Pakistan (SECP) has halted Crescent Star Insurance Limited’s (Crescent Star) guarantee business under Section 60 of the Insurance Ordinance, 2000. Crescent Star issued guarantees worth Rs.229 billion without obtaining the necessary collateral or valid reinsurance arrangements. Despite multiple opportunities to comply with regulatory requirements, Crescent Star failed to demonstrate proper collateral and reinsurance cover. Consequently, SECP has directed Crescent Star to cease its guarantee business and fulfill its obligations without rolling over existing guarantees.
Banks remain closed on Wednesday on the occasion of Quaid-e-Azam
The State Bank of Pakistan and all the banking and financial institutions will remain closed on Wednesday, December 25, 2024 on the occasion of Quaid-e-Azam Day and Christmas. The State Bank of Pakistan will observe a public holiday on Wednesday, December 25, 2024, in celebration of Quaid-e-Azam Day and Christmas. This holiday has been declared…
PSX stays bearish, loses 4,795 more points
The 100-Index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Thursday, losing 4,795.32 points, a negative change of 4.32 percent, closing at 106,274.98 points as compared to 111,070.29 points on the last trading day.
Telenor signs Pakistan’s First-Ever tripartite MoU for smart metering
Telenor Pakistan has signed Pakistan’s first-ever tripartite Memorandum of Understanding (MoU) to implement smart metering at its Base Transceiver Station (BTS) sites across Azad Jammu & Kashmir (AJ&K).
Tetra Pak launches its first-ever Sustainability Report for Pakistan
Tetra Pak, a global leader in food processing and packaging solutions, has launched its inaugural Sustainability Report for Pakistan, serving as a local supplement to its FY23 global Sustainability Report.
SBP launches new version of eCIB System
The State Bank of Pakistan (SBP), announced the launch of the new eCIB System (V2), an advanced version of its Electronic Credit Information Bureau (eCIB) system that will be in operation with advent of the new year.