TikTok’s parent company ByteDance is going through its biggest organizational restructuring in history. The Chinese conglomerate will split into 6 different business units as CFO Shou Zi Chew is stepping down from his role to solely focus on being TikT…
Pakistan Telecommunication Authority (PTA) would consider withdrawing the ban on TikTok in Pakistan if the social media application develops an acceptable mechanism for content moderation in line with local laws and societal norms.This was revealed by …
The government has urgently issued fresh tenders to meet the peak LNG demand in winter as two suppliers chose to default on their November shipments.Failing to secure new LNG shipments will worsen Pakistan’s expected shortage.The government is in a sta…
Begum Samina Alvi, the wife of President Dr. Arif Alvi, welcomed the notice taken by the Supreme Court on rising cases of breast cancer in the country, saying the joint efforts against the disease would lead to saving lives of thousands of women in the…
The Pakistani Rupee continued to improve against the dollar and posted strong gains against the USD on Wednesday. PKR gained 57 paisas against the dollar and closed at 169.97, posting a growth of 3.12 percent since crashing to an all-time low in Octobe…
Petroleum dealers called off their strike after a successful meeting with the Ministry of Energy on increasing the dealer’s margin from 2 percent to 6 percent.The meeting ended with the conclusion that the Ministry of Energy will send a summary contain…
Governor State Bank of Pakistan, Dr. Reza Baqir, announced that banks have shown an overwhelming response to an innovative financing scheme for collateral-free lending to SMEs introduced by the State Bank and supported by the Government of Pakistan.The…
The Embassy of Pakistan in Bulgaria, in collaboration with the Ministry of Information Technology and Telecommunication of Pakistan and the Ministry of Transport, Information Technology and Communications of Bulgaria, organized an Online IT Forum meeti…
The National Price Monitoring Committee (NPMC) has expressed deep concerns over a significant price differential in the key commodities, namely wheat flour and sugar, in different provinces including Sindh.The NPMC meeting was held on Wednesday with Ad…
Pakistan Railways on Wednesday revealed that negotiation for a Chinese loan for the ML-I project under the China Pakistan Economic Corridor (CPEC) is in progress and the tentative date for the groundbreaking of package-I of the project would be July 20…
