Auto
MG5 Electric Car Makes Its Debut for Market Research in Pakistan
In a strategic move, MG Motors introduces the MG5 Electric Car to the Pakistani market, not for commercial sales but as part of a market research initiative. This launch marks a significant step towards...
Business
Hub Power To Convert Furnace Oil Base Plants To Thar Coal For Supply of Cheaper Electricity To K-Electric
Committed to enabling access to affordable power and bolstering the energy security for its customers, CEO K-Electric (KE) Mr. Moonis Abdullah Alvi and CEO The Hub Power Company Limited (HUBCO) Mr. Kamran Kamal, signed...
National
National Foods Limited: Leading the Change in Education, Literacy, and Women Empowerment on International Day of Education
On International Day of Education celebrated across the world annually on 24th January 2024, National Foods Limited proudly reaffirms its steadfast commitment to transformative education, literacy, and women empowerment through two impactful projects rooted...
Business
Foreign Exchange: SBP Set to Introduce New Trading Platform
In a groundbreaking announcement, the State Bank of Pakistan (SBP) has revealed its upcoming launch of an advanced foreign exchange trading platform, a move set to redefine the landscape of financial transactions within the...
Technology
PTA 5G: Request for Spectrum Allocation Submitted
In a notable development, the Pakistan Telecommunication Authority (PTA) has officially requested the Frequency Allocation Board to allocate spectrum for 5G technology. This strategic move is a significant step forward in Pakistan's journey towards...
Business
Govt Introduces National Digital Wallet with Cashback Rewards
In a significant move towards digitizing financial transactions, the government is set to introduce a National Digital Wallet equipped with enticing cashback rewards. This strategic initiative underscores the administration's commitment to fostering a digital...
Business
Shariah Standards: SBP Urges Banks to Embrace AAOIFI’s
In a noteworthy directive, the State Bank of Pakistan (SBP) has called upon banks to adopt Shariah standards and practices formulated by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). This strategic...
Business
Bank Loans to Private Sector Witness an 86% Decline
In a significant economic development, there has been an astonishing 86% decline in bank loans extended to the private sector. This substantial reduction raises concerns and points to a shift in the dynamics of...