In a significant move to recover a staggering outstanding amount of Rs. 15.323 billion, the Lahore Electric Supply Company (LESCO) has embarked on an aggressive campaign aimed at government institutions that have defaulted on their payments. The power …
Bank Alfalah, a leading commercial Bank in Pakistan, has partnered with UN Women to launch financial inclusion awareness sessions. The sessions are a part of the National Financial Literacy Program (NFLP), an initiative of SBP and BSC.The sessions aim …
Pakistan is at risk of a severe oil shortage after the Oil Tankers Association halted deliveries on Monday. This comes at a time when oil prices are already high, causing further concern for consumers.Abdul Sami Khan, Chairman of the Pakistan Petroleum…
The power sector circular debt declined by Rs. 336 billion to Rs. 2,310 billion in June 2023 compared to a rise of Rs. 15 billion in the previous month.During the fiscal year 2022-23 (FY23), the stock of circular debt increased by Rs. 57 billion compar…
Pakistan’s Information Technology (IT) exports for August 2023 increased by 3 percent on a year-on-year (YoY) basis to $235 million due to an 11 percent YoY increase in Telecom and a 1 percent YoY increase in Computer Services.The exports for August 20…
Caretaker Health Services Minister Dr. Nadeem Jan has affirmed strong commitment to enhancing immunization coverage under Expanded Program on Immunization to achieve Universal Immunization Coverage.Speaking at a briefing in Islamabad today, Health Mini…
Axi Select [We see the Trader in You !] SYDNEY, Australia, Sept. 18, 2023 (GLOBE NEWSWIRE) — Axi a leading global Forex and CFD broker has announced the launch of Axi Select, a groundbreaking capital allocation programme. The programme is specifically crafted to empower traders by offering them a pathway
Karachi, MCB Investment Management Limited, the management company overseeing PAKISTAN CASH MANAGEMENT FUND (PCF), has disclosed its daily dividend distribution.The Chief Executive Officer, representing the Board of Directors, has authorized the follow…
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