Islamabad: Former Ambassador of Pakistan to the United Nations and former President of Azad Jammu and Kashmir, Sardar Masood Khan, has commented on India's disinformation campaign, describing it as a reflection of strategic insecurity while noting the...
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Bilal Azhar Kayani Reaffirms Commitment to Sustainable Economic Growth
Islamabad: Minister of State for Finance Bilal Azhar Kayani has reaffirmed the government's commitment to steering the country toward sustainable economic growth. Addressing a news conference in Islamabad today, he highlighted that the government's pr...
Read More »KCCI Criticizes Minimal Interest Rate Cut by State Bank of Pakistan
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has criticized the State Bank of Pakistan's decision to reduce the policy interest rate by 0.5 percent, arguing that the minor adjustment fails to address the pressing economic challenges ...
Read More »Pakistan’s Central Bank Cuts Policy Rate Amid Economic Optimism
Karachi: The State Bank of Pakistan (SBP) has reduced its policy rate by 50 basis points to 10.50%, surprising many who anticipated rates would remain unchanged. This decision, announced by the Monetary Policy Committee (MPC), reflects optimism about ...
Read More »Systems Limited Expands Footprint with Acquisition of Confiz Limited
Karachi: Systems Limited (SYS) has announced the acquisition of Confiz Limited, marking a significant expansion in its capabilities and market reach. The acquisition, conducted through a 100% share swap, is expected to enhance Systems Limited's revenu...
Read More »SITE Industrialists Criticize Minimal Rate Cut as Inadequate
KARACHI: The SITE Association of Industry has voiced its dissatisfaction with the State Bank of Pakistan's recent policy decision to cut the interest rate by only 50 basis points. Ahmed Azeem Alvi, the association's president, argued that the modest r...
Read More »Goods Transporters’ Strike Threatens Economic Stability, Calls for Swift Government Action
Karachi: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has raised alarm over the ongoing strike by goods transporters, highlighting its potential to significantly disrupt the national economy. The strike, he said, is a...
Read More »Province-wide Evacuation of Illegally Residing Foreign Nationals Continues
Punjab: Punjab Police are continuing the province-wide evacuation of illegally residing foreign nationals. According to Radio Pakistan, over thirty-one thousand Afghan nationals have so far been deported, while about two hundred individuals are curr...
Read More »Province-wide Evacuation of Illegally Residing Foreign Nationals Continues
Punjab: Punjab Police are continuing the province-wide evacuation of illegally residing foreign nationals. According to Radio Pakistan, over thirty-one thousand Afghan nationals have so far been deported, while about two hundred individuals are curr...
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