PSX crosses another milestone, reaches to 63,917 points
The 100-index of Pakistan Stock Exchange crossed another milestone reached to 63,917.72 points by gaining 961.70 more points, a positive change of 1.53 percent, PSX reported.
Mehfooz
Ufone 4G’s Digital Grand Offer brings exciting discounts
Ufone 4G users can avail Digital Grand Offer via Golootlo at a discounted price of PKR 1500, down from the actual product price of PKR 1600. The bundle includes 100GB high-speed data, 1000 Off net minutes, and unlimited Ufone to Ufone and PTCL minutes for the entire month.
ADB approves $658.8 Million for Pakistan’s sustainable development of projects
The Asian Development Bank has approved this week three projects amounting to $658.8 million to help Pakistan achieve its goal of more inclusive and sustainable growth and development.
India to become World’s third largest economy by 2030: S&P Global
INDIA will remain the fastest-growing major economy for at least the next three years, setting it on course to become the world’s third-largest economy by 2030, According to the S&P Global Ratings report.
ABHI to empower wage financial needs to Unilever employees
In a significant move towards empowering employees financially, ABHI, an embedded finance platform, has partnered with Unilever Pakistan, a global FMCG company with a presence in 190 countries, to offer AbhiSalary – an Earned Wage Access (EWA) solution. This collaboration aims to empower Unilever Pakistan’s workforce by providing them with immediate access to a portion of their earned wages.
IMF demand to restructuring independent HR board of four SOEs
The National Highway Authority (Amendment) Ordinance, 2023 Pakistan Postal Services Management Board (Amendment) Ordinance 2023, Pakistan National Shipping Corporation (Amendment) Ordinance 2023, Pakistan Broadcasting Corporation (Amendment) Ordinance 2023 The Secretaries of all the concerned ministries briefed the President as to the urgency of these ordinances as the matter was agreed upon with the IMF in July this year regarding these four SOEs.
Pakistan’s First AAA Rated gender bond launch by the InfraZamin
InfraZamin Pakistan, a licensed NBFI and credit guarantee provider, in partnership with Kashf Foundation, a not for profit and licensed microfinance institution, are proud to announce the closing of South Asia’s and Pakistan’s inaugural ‘Gender Bond’ thereby revolutionizing financial empowerment and inclusion for women. The Bond, which holds a prestigious long-term AAA rating by PACRA, marks a significant leap in Pakistan’s capital market, establishing our commitment to market development and economic opportunities for women.
IHC granting to banks stay order on windfall tax till next week
The Islamabad High Court refrained the government from collecting windfall tax from banks till the next hearing.
OECD forecast global growth of next year slow
THE global economy will slow slightly next year but the risk of a hard landing has subsided despite high levels of debt and uncertainty over interest rates, the Organisation for Economic Cooperation and Development (OECD) said on Wednesday (Nov 29).
Tetra Pak partner with WWF to mentor 10,000 Pakistani students on waste recycling awareness
Tetra Pak Pakistan, a frontrunner in sustainable food processing and packaging solutions, has partnered with WWF Pakistan for the sixth consecutive year to continue its nationwide awareness program aimed at educating young Pakistani students on the importance of reducing, reusing, and recycling. This year, the student engagement drive will span across 50 schools situated in the metropolitan cities of Lahore, Karachi, Gujranwala, Sialkot, Faisalabad, Rawalpindi, and Islamabad.