The Bank of China has opened a Letter of Credit (LC) for Pakistan’s Russian oil imports. Government officials indicated last month that negotiations to acquire Russian petroleum at a reduced price were nearing completion, and two weeks later, the government officially ordered its first cargo, according to the Express Tribune.
Shell Pakistan Limited’s (SPL) Board of Directors announced the company’s first-quarter results on May 4, 2023.
Pakistan’s petroleum sales fell 46 percent year on year (YoY) to 1.17 million tonnes in April 2023, compared to 2.18 million tonnes in April 2022.
The World Economic Forum (WEF) has released a report on trends and technologies that may have an impact on the global job market, including Pakistan, and predicts that artificial intelligence (AI) and big data will be critical for companies’ global skill strategies.
The well-known regional financial wellness platform EZ Wage and RIZQ, an app for salaried workers and independent contractors that promotes true financial wellbeing, have announced a partnership. This collaboration marks a significant turning point in the mission to increase loan accessibility and convenience for wage earners.
The nation’s 27.5 million metric tonnes of record bumper wheat crop, according to Prime Minister Shehbaz Sharif, was the result of government efforts, the provision of high-quality seed, continuous fertiliser supplies, and the Kissan Package.
Cement producers in the nation are opposing the Federal Board of Revenue’s (FBR) track and trace system by providing illogical excuses for delaying the deployment of the system at their facilities.
According to a recent study published by Picodi.com and Numbeo, it takes approximately 621 years and three months for a common Pakistani earning an average monthly salary to reach the $1 million mark.
ISLAMABAD: Following the decline in global oil prices, the price of high-speed diesel (HSD) is expected to fall by Rs5.41 per litre beginning May 1, 2023.
Toyota Indus Motor Company (IMC) Limited reported a profit of Rs. 3.21 billion for the fiscal year 2022-23, which ended on March 31, down 37.1 percent from a profit of Rs. 5.11 billion in the same period last year.
On Sunday, the home goods retailer Bed Bath & Beyond ceased operations and filed for Chapter 11 bankruptcy.
The deputy minister of information technology in India believes that the Apple-India partnership has a lot of room for investment, growth, exports, and job creation.
