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Category: Business

Inflation Likely to Reach 27%; Will Cross 30% After IMF Program
BusinessEconomyLifestyleNewsTrendingTrends
byAbeer RehmanFebruary 1, 2023February 1, 2023

Inflation Likely to Reach 27%; Will Cross 30% After IMF Program

Pakistan is going through the worst economic crisis. It is speculated that inflation is likely to reach 27% in January.…

Steel Industry Warns Closure If LC Crisis Not Resolved
BusinessDigitalEconomyNewsTrendingTrends
byAbeer RehmanJanuary 31, 2023January 31, 2023

Steel Industry Warns Closure If LC Crisis Not Resolved

The Steel Industry fears closure of businesses and major job cuts in the wake of recent failure to open LCs…

No Hike in Fee of Passport, Interior Ministry Rubbishes Rumours
BusinessDigitalEconomyNewsTechnologyTrendingTrends
byAbeer RehmanJanuary 31, 2023January 31, 2023

No Hike in Fee of Passport, Interior Ministry Rubbishes Rumours

The social media was abuzz with rumours for the last few weeks that the fee for machine readable passports is…

Rupee Becomes  Worst Performing Currency in Asia – Hits Rs 270 Against Dollar
BusinessDigitalEconomyTrendingTrends
byAbeer RehmanJanuary 31, 2023January 31, 2023

Rupee Becomes Worst Performing Currency in Asia – Hits Rs 270 Against Dollar

Pakistani rupee has hit a new all-time low when it was trading at Rs 270/$ today. This makes the Rupee…

Lucky Motor Corporation Temporarily Suspends KIA Vehicle Reservations Due to Decline in Pakistani Rupee
BusinessEconomyNews
byZainab ShafiqJanuary 29, 2023January 30, 2023

Lucky Motor Corporation Temporarily Suspends KIA Vehicle Reservations Due to Decline in Pakistani Rupee

Lucky Motor Corporation (LMC) issued a statement on Friday announcing that due to the sharp decline in the Pakistani Rupee,…

Pakistan Seeks US Help for IMF Program Revival
BusinessDigitalEconomyNewsTechnologyTrending
byAbeer RehmanJanuary 26, 2023January 26, 2023

Pakistan Seeks US Help for IMF Program Revival

Pakistan has asked for the US help to revive the IMF program to assist soft landing of its economy post…

Data Protection Bill 2021 Will Strengthen IT & Digital Economy Says Qamar
BusinessDigitalEconomyNewsTrending
byAbeer RehmanJanuary 26, 2023January 26, 2023

Data Protection Bill 2021 Will Strengthen IT & Digital Economy Says Qamar

Naveed Qamar, Federal Minister for Commerce and Investment, said that promotion of data science and IT are very important to…

Existing IT Policies Are a Hinderance in Attracting Foreign Investment
BusinessDigitalEconomyNewsTrending
byAbeer RehmanJanuary 26, 2023January 26, 2023

Existing IT Policies Are a Hinderance in Attracting Foreign Investment

IT is one of the leading sectors of Pakistan in terms of revenue and is included in the top 5…

Currency Dealers Remove Cap on Rupee-Dollar Conversion
BusinessEconomyTrendingTrends
byAbeer RehmanJanuary 25, 2023January 25, 2023

Currency Dealers Remove Cap on Rupee-Dollar Conversion

The cap will be removed from 25th January onwards and now rupee will be allowed to depreciate as per its…

Suzuki Pakistan Increases Prices from 115,000 to 355,000
BusinessDigitalNewsTechnologyTrendingTrends
byAbeer RehmanJanuary 25, 2023January 25, 2023

Suzuki Pakistan Increases Prices from 115,000 to 355,000

Pak Suzuki Motor Company Limited announced on Tuesday that the prices of various Suzuki models are now increased by up…

Government Job Hiring Prohibited in Punjab and KP by Election Commission
BlogsBusinessJobsTrending
byMaez AkhtarJanuary 24, 2023June 2, 2023

Government Job Hiring Prohibited in Punjab and KP by Election Commission

The Election Commission of Pakistan has issued a directive prohibiting the hiring of government jobs in the provinces of Punjab…

Textile Exports Drop 16 Percent in December
BusinessDigitalEconomyLifestyleTechnologyTrendingTrends
byAbeer RehmanJanuary 20, 2023January 20, 2023

Textile Exports Drop 16 Percent in December

Pakistan’s economy is in a turmoil for the last few months and almost every sector seems to be a victim…

Zameen.com Holds Another Successful PSE in Lahore, Pulls Large Crowd
BusinessEventsNews
bywebstaffJanuary 19, 2023January 19, 2023

Zameen.com Holds Another Successful PSE in Lahore, Pulls Large Crowd

Zameen.com recently organized another successful Property Sales Event (PSE) in Lahore. More than 45 investment projects were also presented at…

World Bank Delays $1.1 Billion Loan Approval Due to Tariff Revision and Energy Sector Circular Debts
BusinessEconomyNewsTrendingTrends
byAbeer RehmanJanuary 19, 2023January 19, 2023

World Bank Delays $1.1 Billion Loan Approval Due to Tariff Revision and Energy Sector Circular Debts

According to a source in the finance ministry, the World Bank has delayed the approval of $1.1. bn loan to…

Saudi Arabia Seeking “More Creative Ways” to Provide Support to Pakistan
BusinessEconomyTrendingTrends
byAbeer RehmanJanuary 19, 2023January 19, 2023

Saudi Arabia Seeking “More Creative Ways” to Provide Support to Pakistan

Mohammad Al-Jadaan, Foreign Minister of Saudi Arabia, said that his country is discussing “more creative ways” to provide support to…

Business Community to Boycott Elections If Charter of Economy Not Signed
BusinessDigitalEconomyNewsPoliticsTrendingTrends
byAbeer RehmanJanuary 19, 2023January 19, 2023

Business Community to Boycott Elections If Charter of Economy Not Signed

At the International Chambers Summit 2023, the 54 business bodies from Pakistan’s Chambers of Commerce and Industry agreed to boycott…

Petroleum Product Prices to Remain the Same Until January 31st – Statement by Minister Dar
BlogsBusinessEconomyTrending
byMaez AkhtarJanuary 15, 2023January 15, 2023

Petroleum Product Prices to Remain the Same Until January 31st – Statement by Minister Dar

In a recent statement, Minister of Petroleum and Natural Resources, Dar, announced that prices of petroleum products will remain unchanged…

Pak Suzuki Extends Plant Closure on Inventory Shortages Till Jan 20
BusinessEconomyNewsTrending
bySumavaya IqbalJanuary 14, 2023January 14, 2023

Pak Suzuki Extends Plant Closure on Inventory Shortages Till Jan 20

 Pak Suzuki Motor Company (PSMC), one of the country’s largest car manufacturers, once again extended its closure till January 20 owing…

Here is the list of World’s Richest Actors, Shah Rukh Khan makes fourth on the list
ArtistBusinessEntertainmentLifestyleNewsTrendingWorld
byUzma SaharJanuary 13, 2023January 13, 2023

Here is the list of World’s Richest Actors, Shah Rukh Khan makes fourth on the list

The Famous Indian actor Shah Rukh Khan has been listed among the top Richest Actors in the world. Jerry Seinfeld…

Diamond Foam Makers Stopped Production in Pakistan
BusinessEconomyNews
bySumavaya IqbalJanuary 10, 2023January 10, 2023

Diamond Foam Makers Stopped Production in Pakistan

Diamond Industries Limited said it has suspended its manufacturing operations for a short term with effect from Tuesday, January 10th,…

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