The Punjab Agricultural Research Board (PARB) has greenlit research initiatives valued at Rs. 900 million. These include developing superior canola quality lines in rapeseed and mustard with a special focus on enhancing productivity in the Potohar reg…

Pakistan’s IT companies remained active in the software business, having a share of 52 percent in IT exports in the financial year 2022-23 (FY23).According to data released by the State Bank of Pakistan (SBP), the exports of software consultancy and c…

Minister for Power Khurram Dastgir says efforts are afoot to narrow down the gap between demand and production of electricity across the country.He was talking to the Governor of Sindh Kamran Khan Tesuri in Karachi today.During the meeting, they discu…

The State Bank of Pakistan (SBP) has decided to extend the interbank settlement of card-based cross-border transactions by another five months.“It has been decided to extend the validity of this permission till December 31, 2023”, the SBP said in a ci…

The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 22 percent.The announcement was made by SBP Governor Jameel Ahmad in a press conference after the meeting of the Monetary Policy Committee (MPC) held today.In the statem…

A senior Chinese leader landed in Pakistan Sunday to attend a government-sponsored ceremony this week, marking the 10th anniversary of their infrastructure development collaboration under China’s global Belt and Road Initiative.He Lifeng, the Chinese …

Pakistan’s weekly inflation, measured by the Sensitive Price Index (SPI), increased by 29.21 percent on a year-on-year basis, according to the Pakistan Bureau of Statistics (PBS) on Thursday.The PBS said that the SPI was computed to assess the price m…

Daraz, South Asia’s leading e-commerce platform in Pakistan, Bangladesh, Sri Lanka, Nepal, and Myanmar, announced the latest integration of Microsoft Azure OpenAI Service in Daraz to launch “AskDaraz”, an AI ChatBot, to simplify the shopping experienc…

In a recent development, CBA and IPC (International Parliamentarians Congress) have partnered to promote bilateral or multilateral trade and investment opportunities between the countries represented by the IPC.This partnership is expected to have a m…

Marks and Spencer Group, the international fashion retailer, has expressed a strong interest in augmenting its imports of textile products from Pakistan. This was revealed by Unsal Erdogan, Country Manager for Turkey, during a meeting with the All Pak…