Islamabad: The Oil Marketing Companies (OMC) sector recorded a significant decrease in both sales and volumes in August 2024, with a year-on-year decline of 14%, reaching the lowest levels for August in over two decades. This downturn in the industry i…
Islamabad: In a recent statement, Dr. Gohar Ejaz, former caretaker federal minister and Chairman of the FPCCI Economic Think Tank, called for a 4% reduction in interest rates at the upcoming Monetary Policy meeting. Citing the positive shift to 19.5% f…
Islamabad: In a significant step to improve the experience of overseas Pakistani workers, Bank Alfalah has completed a comprehensive renovation of the Protectorate of Emigrants (PE) Karachi Office. This initiative aims to facilitate the workers by upgr…
Karachi: Following recent severe rainfall, the city’s infrastructure deficiencies have been starkly highlighted, leading to significant disruptions and damages. Leaders of the United Business Group (UBG), including President Zubair Tufail and other sen…
Karachi: Additional IG Sindh Police, Javed Alam Odhu, announced a substantial reduction in daily incidents in Karachi, from 252 to 107. Speaking at a luncheon hosted by the Korangi Association of Trade and Industry (KATI), Odhu highlighted improvements…
Lahore: The Punjab Industrial Estates Development and Management Company (PIEDMC) Board of Directors approved a 53 billion PKR budget for the fiscal year 2024/2025 during their 166th board meeting. Key allocations include 9 billion PKR for Quaid-e-Azam…