The Apple Watch Series 10 has received a significant price drop. Both the 42mm and 46mm models with GPS (no cellular connectivity) are now available at discounted prices. Price Breakdown for Series 10: Model Original Price Discounted Price Discount Percentage 42mm Model $399 $329 18% 46mm Model $429 $359 16% These prices are available for…
Pakistan Single Window (PSW) has successfully integrated seven large government organizations, including provincial revenue authorities and the Drug Regulatory Authority of Pakistan (DRAP). This move will significantly enhance the exchange of data during the clearance of imports and exports. The integration aims to simplify and speed up the processes by sharing data across different government…
Amazon Cloud Business Amazon AWS (Amazon Web Services) is the largest player in the cloud computing market with a 31% market share. The company has seen significant growth, especially due to its AI services. In the last quarter, AWS revenue increased by 19%, and operating income surged by 49%. This growth is mainly driven by…
The State Bank of Pakistan (SBP) has launched the Pakistan Remittance Survey 2025. The goal of this survey is to better understand how remittances flow from overseas Pakistanis back to Pakistan. It aims to gather important data on the amount, frequency, and patterns of remittances, which will help the government in policy-making and improving the…
In November 2024, Pakistan export of services reached $675.69 million, marking a growth of 6.51% compared to the same month in the previous year. The services export sector has shown consistent growth since February 2024, with the exception of August when there was a 6.5% contraction. This growth is mainly driven by an increase in…
Engro Corporation Limited (ENGRO) and Dawood Hercules Corporation Limited (DAWH) are in the final stages of their restructuring process, following the Scheme of Arrangement. This restructuring will reshape both companies and is expected to create more value for shareholders. Key Details of the Restructuring Both companies have completed all necessary regulatory requirements, and received the…
Veon Group, a leading global digital operator, has made a $15 million investment in Mobilink Bank to help boost its microfinance operations. This investment will help the bank offer more financing options to micro, small, and medium-sized enterprises (MSMEs), expand digital banking, and enhance financial inclusion. Key Areas of Investment This investment will focus on…
The Ministry of Information Technology and Telecommunication (MoIT&T) has started a major rightsizing initiative based on the recommendations of the rightsizing committee. This exercise aims to streamline operations, reduce costs, and improve efficiency across various entities under the Ministry. Ministry Structural Adjustments The Ministry has abolished 17 positions, with an additional 7 positions categorized as…
The World Bank has released a report titled “Poverty Projections for Pakistan,” which raises significant concerns about the increase in poverty in the country. According to the report, Pakistan poverty rate is expected to rise to 25.3% in 2024, up from 18.3% in 2023. This means an additional 13 million people will be pushed below…
Aqib Javed, Pakistan interim head coach and a member of the selection committee, has stressed the need for an expanded player pool. This is to meet the physical and mental challenges of modern cricket. He believes that expanding the pool of players is essential to keep up with the growing demands of the sport. The…
