Washington: The 90-day suspension on the implementation of reciprocal tariffs by the United States comes to an end today, marking a significant transition in international trade relations. The U.S. government is poised to issue formal notifications to...
Read More »Pakistan Faces Renewed Environmental Crisis Amidst Institutional Inaction
Karachi: Pakistan is on the verge of another ecological catastrophe, according to Mian Zahid Hussain, a prominent business leader and former provincial minister. Speaking on Tuesday, Hussain criticized the authorities for their lack of preparedness in...
Read More »Currency Exchange Rates Fluctuate in Pakistan, New Data Reveals
Karachi: The Exchange Companies Association of Pakistan released new data on Tuesday showing fluctuations in currency exchange rates, with notable changes observed in the values of the U.S. dollar, Euro, and British pound against the Pakistani rupee. ...
Read More »OGDCL Partners with PMYP and NAVTTC to Boost Youth Empowerment in Pakistan
Islamabad: The Oil and Gas Development Company Limited (OGDCL) has entered into a significant partnership with the Prime Minister's Youth Programme (PMYP) and the National Vocational and Technical Training Commission (NAVTTC) to enhance youth empowerm...
Read More »Dubai Islamic Bank Teams Up with JazzCash to Streamline Remittances
Karachi: Dubai Islamic Bank Pakistan Limited (DIBPL) has announced a strategic alliance with JazzCash, a prominent fintech company in Pakistan, to enhance the process of inland home remittances. The collaboration aims to provide digital financial solu...
Read More »Microsoft’s Exit from Pakistan: A Cautionary Tale for the Digital Economy
Islamabad: Prominent economic commentator and former President of the Islamabad Chamber of Commerce, Shahid Rasheed Butt, has expressed grave concerns over Microsoft's recent decision to close its direct operations in Pakistan. The move, he argues, se...
Read More »Pakistan’s Energy Shake-Up: Government Reduces Tariffs and Tackles Debt
ISLAMABAD: Pakistan's government has announced a reduction in the national base tariff for electricity, setting it at PkR34.0 per kWh for the fiscal year 2026. This adjustment represents a 4% decrease from the previous year's rate of PkR35.5 per kWh. ...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service