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Category: Economy

ACE Money Transfer and Bank Alfalah Encourage Overseas Pakistanis to Use ‘Legal’ Channels to Send Money Home
BusinessEconomyLifestyleNewsTechnologyTravelTrendsWorld
byAbeer RehmanSeptember 4, 2023September 4, 2023

ACE Money Transfer and Bank Alfalah Encourage Overseas Pakistanis to Use ‘Legal’ Channels to Send Money Home

The leading global fintech platform, ACE Money Transfer has entered into a new partnership with Pakistan’s Bank Alfalah to create…

The Advantages of Operating Business in Dubai
BlogsBusinessEconomyWorld
byHafiz Rahat UsamaSeptember 3, 2023September 3, 2023

The Advantages of Operating Business in Dubai

Why do People prefer doing business in Dubai including Pakistan? Introduction Dubai, a city renowned for its distinctive skyline, opulent…

Pakistan’s Inflation Sees Slight Dip in August 2023 Amidst Economic Challenges
Economy
byZainab ShafiqSeptember 1, 2023September 1, 2023

Pakistan’s Inflation Sees Slight Dip in August 2023 Amidst Economic Challenges

In August 2023, Pakistan’s Consumer Price Index (CPI)-based inflation experienced a slight decline, coming in at 27.4 percent year-on-year, compared…

Imported Wheat Sets Sail for Karachi Amid Flour Shortage
Economy
byZainab ShafiqAugust 29, 2023August 29, 2023

Imported Wheat Sets Sail for Karachi Amid Flour Shortage

The voyage of the inaugural vessel, loaded with an impressive cargo of 55,000 tons of wheat, has commenced its journey…

Here Are Three Ways You Can Redefine Your Flipboard Experience
ArtistBlogsBusinessCricketDigitalDramaEconomyEntertainmentEventsFashionFoodsHealthJobsLifestyleMoviesMusicNewsPhotographyPoliticsReviewsSocialSportsTechnologyTips & TricksTravelTrendingTrendsWorld
byAbeer RehmanAugust 29, 2023August 29, 2023

Here Are Three Ways You Can Redefine Your Flipboard Experience

These days, the internet users are bombarded with information left, right and centre making it difficult to select topics that…

Indus Motor Company Profit Drops by 39% Despite Investments In High-return Schemes
BusinessEconomyJobsLifestyleNewsTechnologyTravelTrendingTrendsWorld
byAbeer RehmanAugust 29, 2023August 29, 2023

Indus Motor Company Profit Drops by 39% Despite Investments In High-return Schemes

The assembler of Toyota vehicles in Pakistan, Indus Motor Company (IMC), announced a 39% decline in net profit for the…

RCCI Sets Deadline for Electricity Price Rollback Demand
Economy
byZainab ShafiqAugust 27, 2023August 27, 2023

RCCI Sets Deadline for Electricity Price Rollback Demand

The Rawalpindi Chamber of Commerce and Industry (RCCI) has issued a stern ultimatum to the government, setting a deadline of…

Saudi Arabia Introduces New Temporary Work Visa for Foreigners
BusinessEconomyNewsTravel
bySumavaya IqbalAugust 26, 2023August 26, 2023

Saudi Arabia Introduces New Temporary Work Visa for Foreigners

Saudi Arabia has launched a new Temporary Work Visa to attract skilled short-term workers. The new visa is easier to…

Another mishandling by Pakistan: IMF likely to be furious
Economy
byZainab ShafiqAugust 25, 2023August 25, 2023

Another mishandling by Pakistan: IMF likely to be furious

The International Monetary Fund (IMF) is poised to scrutinize Pakistan’s government for its delay in notifying the gas tariff increase…

Gas Shortage in Karachi: CNG and Industries Face Supply Interruptions
Economy
byZainab ShafiqAugust 25, 2023August 25, 2023

Gas Shortage in Karachi: CNG and Industries Face Supply Interruptions

Due to a critical shortage of natural gas in Karachi, the Sui Southern Gas Company (SSGC) has made the tough…

PSO Reports 90% Drop in Annual profit
BusinessEconomyNewsTravelTrendingTrends
byAbeer RehmanAugust 24, 2023August 25, 2023

PSO Reports 90% Drop in Annual profit

The Pakistan State Oil (PSO) reported that its profit dropped by 90% in the financial year 2023, mainly because of…

Nepra Approves Rs. 5.40 per Unit Power Tariff Increase for FY23 Q4
Economy
byZainab ShafiqAugust 23, 2023August 23, 2023

Nepra Approves Rs. 5.40 per Unit Power Tariff Increase for FY23 Q4

The National Electric Power Regulatory Authority (Nepra) has given the green light for a Rs. 5.40 per unit hike in…

PIA Grounds 11 Aircraft Amidst Severe Financial Crisis
Economy
byZainab ShafiqAugust 22, 2023August 22, 2023

PIA Grounds 11 Aircraft Amidst Severe Financial Crisis

In a troubling development, Pakistan International Airlines (PIA) has been forced to ground a significant portion of its aircraft fleet,…

Pakistani Rupee Goes Up Against US Dollar In Interbank
BusinessEconomyNewsTrendingTrends
byAbeer RehmanAugust 22, 2023August 23, 2023

Pakistani Rupee Goes Up Against US Dollar In Interbank

The Pakistani Rupee has finally gone up on Tuesday after facing severe pressure against the US Dollar on Monday. According…

Lucky Cement Starts 2nd Solar Plant to Save Rs 0.5bn/Year
BusinessEconomyNewsTechnologyTrendingTrendsWorld
byAbeer RehmanAugust 22, 2023August 23, 2023

Lucky Cement Starts 2nd Solar Plant to Save Rs 0.5bn/Year

Lucky Cement’s second solar power plant is up and running. The project is initiated with the objective to reduce the…

Price of gold surges to 5000 PKR per tola within a week
Economy
byZainab ShafiqAugust 20, 2023August 20, 2023

Price of gold surges to 5000 PKR per tola within a week

In a continued trend, the price of gold in Pakistan marked its fifth consecutive day of growth this week, culminating…

Any Attempt to Sabotage Pak-China Friendship and CPEC Will Not Succeed, Says China
BusinessEconomyNewsPoliticsTrendingTrendsWorld
byAbeer RehmanAugust 15, 2023August 23, 2023

Any Attempt to Sabotage Pak-China Friendship and CPEC Will Not Succeed, Says China

China and Pakistan both have categorically condemned the terrorist attack on Chinese Engineers in Gawadar. The Chinese Foreign Ministry issued…

Suspension of ‘Cheap’ Russian Crude Import Due to Imbalanced Refining Process
Economy
byZainab ShafiqAugust 13, 2023August 13, 2023

Suspension of ‘Cheap’ Russian Crude Import Due to Imbalanced Refining Process

Recent developments reveal a pause in the import of what was once touted as ‘inexpensive’ Russian crude oil, triggered by…

IMF delegation to visit Pakistan to assess economic conditions after $3 Billion loan
Economy
byZainab ShafiqAugust 11, 2023August 11, 2023

IMF delegation to visit Pakistan to assess economic conditions after $3 Billion loan

Pakistan is gearing up for a crucial economic review as the International Monetary Fund (IMF) prepares to send its delegation…

Everything You Need to Know About Mumtaz City Islamabad
BlogsBusinessEconomyLifestyleNewsReviewsTrending
bySumavaya IqbalAugust 10, 2023August 10, 2023

Everything You Need to Know About Mumtaz City Islamabad

Are you in search of an exceptional housing society in Islamabad? Look no further than Mumtaz City Islamabad. Strategically located…

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