Islamabad: In a groundbreaking development in Pakistan's telecommunications landscape, the Competition Commission of Pakistan (CCP) has sanctioned the acquisition of Telenor Pakistan by Pakistan Telecommunication Company Limited (PTCL). This pivotal a...
Read More »Pakistan’s poverty reversal: A call for people-centred structural reforms
Islamabad: In a stark revelation, Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has highlighted a troubling increase in poverty, as reported by The World Bank. The report points to policy failures and the breakdown of an uns...
Read More »inDrive’s Helmet Initiative Spotlights Urgent Road Safety Needs Across Pakistan
Lahore: inDrive, a prominent global mobility service, has declared an ambitious commitment to distribute 15,000 helmets nationwide, marking a significant step towards enhancing road safety in Pakistan. This initiative, launched in partnership with the...
Read More »Vivo V60 Hits Pakistan Markets: Innovative Features for Capturing Memorable Moments
Lahore: Vivo has officially launched the much-anticipated vivo V60 smartphone across Pakistan, now available both in physical stores and online. This state-of-the-art device, co-engineered with ZEISS, is designed for users who aspire to capture outsta...
Read More »Pacra Maintains Stability Rating of ABL Islamic Sovereign Fund Amid Redemption Concerns
Karachi: In a recent announcement, The Pakistan Credit Rating Agency Limited (PACRA) upheld the stability rating of the ABL Islamic Sovereign Fund (ABL ISF), noting the fund's continued adherence to its medium-risk strategy. Despite its strong perform...
Read More »Currency Market Faces Turbulence as US Dollar Peaks
Karachi: The currency market in Pakistan witnessed a notable surge as the US Dollar soared to unprecedented levels in the open market, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP). As of Septembe...
Read More »Nishat Mills Sees Profit Growth But Falls Short Due to Heavy Taxation
Karachi: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...
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