“We will add another 200,000 skilled people to existing IT workforce,” says IT Minister Dr Umar Saif Caretaker IT Minister Dr Umar Saif is addressing event at a local hotel in Islamabad on November 23, 2023. — Ministry of IT and Telecommunication Caretaker Minister for Information Technology and Telecommunications Dr Umar Saif has unveiled … Read more
LAHORE. The Federal Board of Revenue (FBR)’s Member (Customs), Zeba Hai Azhar has affirmed her commitment to resolving issues in the Export Facilitate Scheme (EFS) and streamlining customs procedures, aiming to facilitate exporters and enhance the focus on boosting exports. During an interactive session at the All Pakistan Textile Mills Association (APTMA) in Lahore … Read more
Pakistan and Kuwait are set to sign seven memorandums of understanding (MoUs) for investments worth $10 billion in various sectors, including environment, mining, information technology (IT) and food security. The MoUs will be signed during the upcoming visit of caretaker Prime Minister Anwaarul Haq Kakar to Kuwait, following the approval of the federal cabinet … Read more
ISLAMABAD: An international commodity supplier, the OQ Trading has submitted a lowest commercial offer of US$ 18.4600 per Million British Thermal Unit (MMBTU) for supply of a cargo of liquefied natural gas (LNG) in the month of January 2024. Pakistan LNG Limited (PLL), a state-owned company, which procures LNG from the international market, issued … Read more
KARACHI: Pakistan has won back confidence of global investors as the country risk premium fell significantly from the peak of over 14% in June while its dollar-denominated Eurobond prices rose notably. Topline Securities CEO Mohammed Sohail said on social media platform X “Pakistan’s country risk premium has fallen significantly from its peak of 14.13% … Read more
An investor looking at the benchmark KSE-100 in this undated picture. — AFP/File KARACHI: The Pakistan Stock Exchange (PSX) Friday continued its upward trend as the benchmark KSE-100 index crossed the 59,000 barrier for the first time in its history. The benchmark index reached an intraday high of 59,502.28 points. However, it closed at 59,086.35 … Read more
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has declared a notable increase in the prices of imported Re-gasified Liquefied Natural Gas (RLNG), effective from November 1, 2023, for a one-month duration. Oil and Gas Regulatory Authority (OGRA) has notified hike in the prices of imported Re-gasified Liquefied Natural Gas (RLNG) which will be … Read more
KARACHI: The Pakistan Stock Exchange (PSX) continued its record-breaking spree on Friday and surpassed the remarkable milestone of 59,000 points, reaching an all-time high of over 59,500 points due to economic optimism. The benchmark KSE-100 Index hit a record high of 59,502 points, rising by 1% or 602 points during the early trading hours … Read more
Holiday shopping market is flooded with discounts, starting at 30%, encompassing various goods from clothes to electronics People shop during a Black Friday sales event at Macy’s flagship store in US, November 22, 2018.—Reuters Holiday shoppers are in for a treat this season, with Ted Rossman, senior industry analyst at Bankrate and CreditCards.com, declaring … Read more
“There is no good news on debt burden as multilateral institutions didn’t permit restructuring of external, ” Dr Shamshad Akhtar says Dr Shamshad Akhtar addressing a SDPI conference in Islamabad. — X/@SDPIPakistan Dr Shamshad Akhtar says economic revival package on the cards. Says govt to restructure FBR to increase revenue to GDP ratio. We … Read more