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Pakistan Plans to Introduce First $200-250 Million Panda Bonds in China in 2025
During an interview at the Asian Financial Forum in Hong Kong on Monday, Pakistan’s Finance Minister Muhammad Aurangzeb disclosed the country’s plans to issue bonds…
Pakistan Set to Regulate Cryptocurrency with Virtual Assets Bill 2025: Sources
The Senate of Pakistan is considering the Virtual Assets Bill 2025, a groundbreaking legislative proposal introduced by Senator Dr. Afnan Ullah Khan. This private member’s…
Minister Instructs SUPARCO to Develop Business Plan for PakSat-MM1
ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, has directed the chairman of the Space and Upper Atmosphere Research Commission (SUPARCO) to…
Merger of Shutterstock and Getty Images Forms $3.7 Billion Visual Content Giant
Tuesday saw the announcement of a cash-and-stock merger between Getty Images and rival Shutterstock. According to yesterday’s closing share prices, the combined business is anticipated…
Federal Govt to Eliminate 150,000 Vacant Posts in Phase-I of Rightsizing Plan
The federal government has decided to close 43 ministries and eliminate 150,000 vacant positions in Phase I of its rightsizing initiative, Finance Minister Muhammad Aurangzeb…
Al-Ghazi Tractors Temporarily Shuts Down Manufacturing Facility
ISLAMABAD: Al-Ghazi Tractors Limited has announced the temporary suspension of its manufacturing plant, effective from January 4 to January 31, 2025. The decision was made…
3 Million Users Uninstall PayPal’s Honey Extension After Backlash
PayPal’s Honey extension, popular for finding coupon codes, has faced criticism due to unethical practices. A viral video by MegaLag, with over 14 million views,…
Banking Sector’s ADR Shows Significant Recovery from 38.4% to 51.8% in Q4 2024
The State Bank of Pakistan (SBP) has reported a remarkable increase of Rs. 700 billion in bank advances as of December 27th, 2024. The banking…
Top Contributors to PSX’s 84% Surge in 2024
The Pakistan Stock Exchange (PSX) experienced a remarkable surge in 2024, with the benchmark KSE-100 index climbing by 84%, adding 52,676 points to reach a…
10 Inspiring Startups Proving That Age Has No Limits in Business
In a world that often associates entrepreneurship with youth, age doesn’t limit the ability to innovate and build a successful business. Many individuals have proven…
SadaPay Sends Erroneous Email to Users, Apologizes for Glitch
In an unusual incident, several SadaPay users recently received an email from the fintech company informing them that their account funds had been processed. The…
Turkish Group Proposes 47% Concession Fee, Below Minimum for Islamabad Airport Operations
Islamabad: A Turkish consortium, the only bidder for the management of Pakistan’s Islamabad airport, has proposed a concession fee that falls below the required minimum…
SBP Reserves Decline to $11.7 Billion After Two Consecutive Drops
The State Bank of Pakistan (SBP) reported a decline of over $143 million in its foreign exchange reserves weekly, according to data released by the…