The Pakistani government raised Rs1.65 trillion in an auction of Treasury Bills (T-bills) and Pakistan Investment Bonds (PIBs) on Tuesday. This was the first auction after the reduction of the interest rate by 200 basis points (bps) announced on December 16. Despite expectations that the T-bill yields would fall due to this rate cut, they…
Alibaba, a major global platform for businesses to trade with each other (B2B), has announced the launch of its Trade Assurance service in Pakistan. This move is aimed at helping local small and medium-sized enterprises (SMEs) grow and do business with more confidence. With Trade Assurance, Pakistani businesses can trade globally, knowing that their transactions…
Excitement is building in Pakistan automotive world, as a double-cabin pickup truck from JAC Motors, the JAC T9, has been spotted at Karachi Port. This sighting has fueled speculation that the vehicle might be getting ready for its official launch by Ghandhara Automobiles, which is known for bringing foreign vehicles to the local market. The…
WhatsApp continues to improve its platform, making it more convenient and user-friendly for millions of users around the world. In its latest update, WhatsApp has rolled out a new feature that allows users to scan documents directly within the app using their phone’s camera. This eliminates the need for traditional scanners and makes document sharing…
The excitement for the 10th season of the Pakistan Super League (PSL) is growing rapidly as the much-anticipated player draft approaches. With top cricketing talent from around the world confirming their participation, PSL 10 promises to be bigger and better. One of the most thrilling developments is the return of Australian cricketer Usman Khawaja, who…
In a positive step for the energy sector, the Oil and Gas Regulatory Authority (OGRA) has approved a significant portion of the finance cost requested by Sui Northern Gas Pipeline Limited (SNGPL) for the fiscal year 2023. This decision will allow SNGPL to recover Rs. 8.5 billion of its requested finance cost. While the company…
Exciting news for Android users in Pakistan! Google Wallet, the popular digital wallet and payment system, is finally making its way to Pakistan. This development comes from leaked release notes, which indicate that Google Wallet will soon be available in the country. Although Google has yet to confirm the official launch date, the news suggests…
