The Foreign Direct Investment (FDI) in the country increased by 12 percent year-on-year (YoY) to $131 million in November 2023.… Read More
Science & Technology Ministry to Appoint New PSF Chairman
The Ministry of Science and Technology has invited applications for the post of Chairman Pakistan Science Foundation. This announcement comes… Read More
Advisory Committee on 5G Spectrum Auction to Convene Tomorrow
The Advisory Committee for the IMT/5G spectrum auction is set to convene tomorrow under the leadership of the Caretaker Finance… Read More
Kuwait Proposes Harsh Punishments for Illegal Residents
New legislation scheduled for parliamentary debate in Kuwait poses severe consequences for foreigners overstaying their residence, including imprisonment for up… Read More
How to Avoid Rush at Dubai Airport This Festive Season
The festive season has arrived, and Dubai International Airport (DXB) is transforming into a wonderland of holiday cheer. As one… Read More
IT Exports Increase By 11% in November 2023
The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services increased by around 6 percent… Read More
Pakistan’s Real Effective Exchange Rate Falls Marginally in November 2023
Pakistan’s Real Effective Exchange Rate (REER) declined by 0.3 percentage points to 98.2 in November 2023. According to the latest… Read More
World Bank-Funded Sindh Barrages Project Faces $72 Million Financing Gap
The “Sindh Barrages Improvement Project” worth $326.6 million is facing a financing gap of about $72 million and will require… Read More
Official Statement Explains What Happens to Easypaisa After PTCL Purchase
Digital financial services provider Easypaisa has issued a statement following the sale of Telenor Pakistan to PTCL. Easypaisa has assured… Read More
Current Account Turns from Deficit to Surplus After 4 Months
The country’s current account posted a surplus of $9 million in November 2023, compared to a deficit of $157 million… Read More
PTA Responds to Complaints of Internet Slowdown After Last Night’s Surprise
The Pakistan Telecommunication Authority (PTA) has promptly responded to concerns raised about the recent slowdown of internet services across the… Read More
FBR Fixes New Customs Values on Import of Rice Color Sorting Machines
The Directorate General of Customs Valuation, Karachi has declared that the compressor plants and reconditioned plants are not part of rice color… Read More
