Mobilink Bank clinched the esteemed Best Bank for Inclusion Award at the Pakistan Banking Awards (PBA) 2023, held at Pearl Continental Hotel in Karachi on November 24.
In the aftermath of imposing an additional cost of Rs400 billion on gas consumers, the government has opted to recover an extra Rs5 billion monthly from them for the supply of imported gas to fertilizer plants at reduced rates.
Yamaha offers a diverse range of motorcycles, with its flagship model, the YBR 125, standing out and competing effectively in its category.
On Friday, the Pakistan Stock Exchange (PSX) achieved a new all-time high, surpassing the previous record of 58,899.
HBL has endorsed the United Nations Women Empowerment Principles (WEPs), comprising seven principles developed by UN Women and the UN Global Compact.
Honda and other automakers have consistently gained popularity in Pakistan due to their budget-friendly bikes, while Suzuki dominates the premium market, with the Suzuki GD110s maintaining its lead.
Islamabad – November 23, 2023: Pakistan’s leading digital financial platform, UPaisa has announced an exciting Lucky Draw Campaign set to award full cash back on Ufone 4G Super Cards to 100 UPaisa users every week from Nov. 20th to Dec 16th, 2023.
A delegation from BYD Company Limited, a prominent Chinese conglomerate, recently engaged in discussions with Dr. Sohail Rajput, the Secretary of the Board of Investment (BOI) in Pakistan.
The International Monetary Fund (IMF) has urged Pakistan to implement another increase in gas prices, adding to the recent adjustment in natural gas sale prices earlier this month, according to reliable sources. The demand arises from concerns about the growing circular debt in the power sector, currently reaching 4 percent of the Gross Domestic Product (GDP). Initial targets for reducing this debt have reportedly not been met. The IMF recommends raising gas prices further and limiting energy sector subsidies to address the issue, aligning with previous demands. Additionally, Pakistan and the IMF collaborate on a privatization plan targeting state-owned entities incurring significant losses. This strategic move aims to address financial challenges and involves transferring control of power distribution companies to the private sector, aligning with the IMF’s call for comprehensive reforms in the energy sector.
On Wednesday, the Pakistan Stock Exchange (PSX) maintained a bullish trend as the 100-index gained 827.17 points, a positive change of 1.44%, closing at 58,198.76 points compared to the previous day’s 57,371.59 points.
On Wednesday, the cryptocurrency market underwent a downturn, marked by a 3.26% decrease in the value of Bitcoin, settling at $36,343.
Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, has reached a settlement with US authorities following allegations that the platform failed to prevent money laundering.
