Air Link Communication Limited (PSX: AIRLINK) has signed a memorandum of understanding (MoU) with IMIKI Corporation to manufacture smart wearable… Read More
USF Has So Far Invested Over Rs. 35 Billion in 26 Optical Fiber Cable Projects in Pakistan
The Universal Service Fund (USF) has initiated 26 Backhaul Optical Fiber Cable (OFC) projects nationwide since its inception. These projects,… Read More
Power Division Officially Responds to News Regarding End of Solar Net Metering
The Power Division has denied the rumors that the solar net metering policy was ending in Pakistan. In a brief… Read More
ADB Approves $250 Million Loan For Public Private Partnerships in Pakistan
The Asian Development Bank (ADB) has approved a $250 million policy-based loan to help the Government of Pakistan drive sustainable… Read More
CCP to Hold Public Hearings for Gathering Info on Illegal Housing Schemes
The Competition Commission of Pakistan is holding four public hearings to gather information against alleged illegal housing schemes located in… Read More
Bank Loans to Private Sector Surge by 47% in 11 Months of FY24
Total bank loans to the private sector clocked in at Rs. 9.27 trillion in 11 months of the current financial… Read More
Govt Unsure of 15% Additional Tax on Bank Profits
The government doesn’t understand if it should withdraw a 15 percent tax on bank profits from lending to the Finance… Read More
World Bank Likely to Restructure 1,410 MW Project to Extend Closing Date for $390 Million Loan
The World Bank is likely to restructure Tarbela Fourth Extension Hydropower Project (T4HP) to extend the closing date of IBRD… Read More
HBL, EXIM Sign MoU to Implement EXIM’s Trade Credit Insurance Facilities
HBL and EXIM (Export-Import Bank of Pakistan) signed a Memorandum of Understanding (MoU) to collaborate in the structuring and implementation… Read More
Pakistan, China’s Guangdong Province to Explore Opportunities for Increased Cooperation
Prime Minister Shehbaz Sharif Tuesday met with Meng Fanli, Party Secretary of Shenzhen Municipal Committee, and Deputy Party Secretary of… Read More
CDA Launches Solarization Project to Cut Monthly Electricity Costs by Rs. 250 Million
The Capital Development Authority (CDA) has announced a significant initiative to reduce heavy electricity bills by transitioning to solar power… Read More
PBC for Basing Central Bank’s Monetary Response on Core Inflation
Basing the central bank’s monetary response on core inflation is likely a more appropriate approach in the current high inflation… Read More
