Business

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Four Exploration Companies will be investing over USD 33.3 Million

Four Exploration Companies will be investing over USD 33.3 Million

PPL, OGDCL, POL and UEP have taken exploration licenses of eight blocks to discover hydrocarbon reserves in three years

Jointly funded E-Mobility center at LUMS aims to drive electric vehicle innovation in Pakistan

Jointly funded E-Mobility center at LUMS aims to drive electric vehicle innovation in Pakistan

The E-Mobility Research and Development Center, established at the Syed Babar Ali School of Science and Engineering on LUMS’ Lahore campus, was inaugurated. This center, jointly funded by the United States government  and Lahore University of Management Sciences, aimed to promote the widespread use of electric vehicles in Pakistan by supporting advancements in locally designed electric vehicles, battery solutions, associated electronics, and technical standards.

SBP to announce monetary policy on January 29

SBP to announce monetary policy on January 29

State Bank of Pakistan (SBP) will announce Monetary Policy on January 29 in a meeting of the Monetary Policy Committee.

Director General of Sindh Food Authority Commends Sunridge Foods for Fortification & Exemplary  Food Safety Practices

Director General of Sindh Food Authority Commends Sunridge Foods for Fortification & Exemplary Food Safety Practices

Agha Fakhar Hussain, the Director General of the Sindh Food Authority (SFA), and his team carried out a thorough assessment of food processing facilities during their visit to Sunridge Flour Mill and Unity Foods Edible Oil Refinery at Port Qasim.

PTCL and Huawei successfully completes conducts trial of 50G-PON fiber optic broadband in Pakistan

PTCL and Huawei successfully completes conducts trial of 50G-PON fiber optic broadband in Pakistan

Pakistan Telecommunication Company Limited (PTCL), the country’s leading broadband service provider, proudly announces the successful completion of the country’s first successful trial of 50G-PON technology, marking a historic stride towards the introduction of next-generation fiber-optic broadband services in Pakistan. This groundbreaking achievement is a result of PTCL’s strategic partnership with Huawei, a global leader in information and communication technology.

Pakistan’s Exports increase by 35.33% to Rs 4.3 trillion in 1st half

Pakistan’s Exports increase by 35.33% to Rs 4.3 trillion in 1st half

The exports from the country in the rupee term witnessed an increase of 35.33 percent during the first half of the current fiscal year, the Pakistan Bureau of Statistics (PBS) reported.

Walee takes over Operational Management of Snack Video Pakistan

Walee takes over Operational Management of Snack Video Pakistan

WALEE, MENAP’s largest creator economy player, is thrilled to announce a landmark strategic move – the takeover of operating rights for the Snack Video platform in Pakistan.

President order to black listed bank fraudsters, directs banks returns amount to victims

President order to black listed bank fraudsters, directs banks returns amount to victims

President Dr Arif Alvi has asked the Banking Mohtasib to take up the matter of banking frauds with the State Bank of Pakistan (SBP) to get the essential standard operating procedures (SOPs) issued, so that the proven fraudulent personnel’s CNICs could be blacklisted, placed at the central negative list, besides ensuring that no banking/financial facility could be extended to them by the banking industry.

PCMEA for new strategy to promote handwoven carpets

PCMEA for new strategy to promote handwoven carpets

The Pakistan Carpets Manufacturers and Exporters Association (PCMEA), while expressing concerns over low number of stalls of Pakistan at the international exhibitions like ‘Domotex’, held in Germany, demanded the departments formulate advance strategies to make full use of such global exhibitions.

Pakistan and Turkiye business community wanted to increases the volume of bilteral trade

Pakistan and Turkiye business community wanted to increases the volume of bilteral trade

Consul General of Turkiye Cemal Sangu has said although Turkiye and Pakistan have been cooperating in many fields of trade and economy but the existing trade volume was very low which requires very hard work from the business communities of both countries.