As per details shared from sources, the federal cabinet that met with PM Sharif in the chair also decided to restrict any institution from providing services for more than three years. Several amendments related to the upgrading and merger of institutions have been approved. Furthermore, the federal cabinet of Pakistan has approved third-party audits of […]
According to the central bank, this marked a substantial improvement compared to the same period in the previous fiscal year, which saw a deficit of US$1.039 billion. Pakistan’s current account surplus has been steadily improving, with a surplus of US$582 million in December 2024 and US$684 million in November 2024. Earlier on Thursday, the SBP […]
Noyb is known for filing complaints against American companies such as Apple, Alphabet, and Meta, which has led to several investigations and billions of dollars in fines. Vienna-based Noyb (None Of Your Business) said this is their first complaint against Chinese firms. Noyb has filed six complaints in four European countries for suspension of data […]
The move comes as part of the government’s ongoing efforts to promote entrepreneurship, particularly among youth and women, and support the growth of small and medium-sized enterprises (SMEs) across the country of 242 million. Prime Minister Shahbaz Sharif chaired a meeting with a focus on the development of small enterprises. The premier along with other […]
Lower palm oil imports by the world’s biggest buyer of vegetable oils could weigh on benchmark Malaysian palm oil prices, but support US soy oil futures. “About 110,000 metric tons of palm oil was cleared in the first half of January, which is a pretty small amount compared to the usual monthly imports,” said a […]
The state majority-owned fund manager is seeking a partner in the U.S. to roll out funds catering to American retail investors despite the likelihood of increasing tensions between Washington and Beijing, said CEO Li Yimei. China Asset Management (ChinaAMC), which manages $350 billion, is also awaiting Beijing’s approval to launch a cross-listing exchange-traded fund (ETF) […]
This NADRA NICOP is designed for Pakistani nationals planning to travel abroad or settle in foreign countries. Any citizen of Pakistan is eligible to apply for a NADRA NICOP, which enables dual nationals to enter Pakistan without needing a visa. To apply for a Smart NICOP, a valid passport number is mandatory. Applications can be […]
According to All Sindh Sarafa Jewellers Association, in the local market, the price of gold per tola decreased by Rs1,500, bringing it to Rs279,300. In addition, the price for 10 grams of gold fell by Rs1,286, resulting in a selling price of Rs239,455, as reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On […]
The new regulations will cap the number of AI chips that can be exported to most countries and allow unlimited access to US AI technology for America’s closest allies, while also maintaining a block on exports to China, Russia, Iran, and North Korea. The lengthy new rules unveiled in the final days of outgoing President […]
Brent crude futures climbed $1.47, or 1.84%, to $81.23 a barrel by 0503 GMT after hitting an intraday high of $81.49, the highest since Aug. 27. U.S. West Texas Intermediate crude rose $1.55, or 2.02% to $78.12 a barrel after touching a high of $78.39, the most since Oct. 8. Brent and WTI have risen […]