MoU inked for collaboration towards digitalization of home based workers in KP By: APP on November 10, 2024A Memorandum of Under (MoU) has been signed for collaboration between Krafters and Pakistan Hoslamand Khawateen Network to synergize efforts towards digitization, financial literacy and onboarding of home based workers, Micro & small enterprises. According to a press release issued here both the organizations agreed for working cohesively to engage home based workers and MSEs […]
China’s consumer prices rises slow to 0.3% on year in October By: Reuters on November 10, 2024China’s consumer prices rose more slowly in October, while producer price deflation deepened, even as Beijing doubled down on stimulus policies to prop up its sputtering economy. China unveiled a 10 trillion yuan ($1.4 trillion) package on Friday to ease local government “hidden debt” burdens, rather than directly injecting money into the economy. The consumer […]
Pak-Malaysia agree to renegotiate bilateral FTA: Malaysian HC By: APP on November 9, 2024On Friday, the High Commissioner of Malaysia, Dato’ Mohammad Azhar Mazlan said that Malaysia and Pakistan have agreed to renegotiate the bilateral Free Trade Agreement (FTA) and the renegotiation process will start soon. The High Commissioner said that from Pakistan’s side Minister for Commerce, Jam Kamal Khan will shortly participate in the dialogue process in […]
Pakistan sees huge trade potential at CIIE By: APP on November 9, 2024Pakistan’s Ambassador to China, Khalil Hashmi, emphasized the immense potential for Pakistani businesses to expand their reach in China through the ongoing 7th China International Import Expo (CIIE) held in Shanghai. He highlighted the Expo as an invaluable platform for developing countries like Pakistan to showcase their products and establish connections with Chinese consumers and […]
Governor SBP for enhanced credit allocation to climate-resilient projects By: APP on November 9, 2024The Governor State Bank of Pakistan (SBP) Jameel Ahmed, Friday, emphasized the need to substantially increase credit allocation to projects that enhance climate resilience and promote environmentally sustainable growth. “It is essential that we leverage our financial sector’s potential to align with the global shift toward sustainability, thereby contributing to both our national priorities and […]
Gold prices increase by Rs.2,000 per tola By: APP on November 9, 2024The price of 24 karat per tola gold increased by Rs.2,000 and was sold at Rs.278,800 on Friday compared to its sale at Rs. 276,800 on last trading day. The price of 10 grams of 24 karat gold also increased by Rs.1,715 to Rs.239,026 from Rs. 237,311 whereas the price of 10 gram 22 karat […]
Rupee gains 21 paisa against dollar By: APP on November 9, 2024Pakistani rupee on Friday appreciated by 21 paisa against the US dollar in the interbank trading and closed at Rs 277.73 against the previous day’s closing of Rs277.94. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.30 and Rs […]
Weekly inflation up by 0.24% By: APP on November 9, 2024The weekly inflation, measured by the Sensitive Price Indicator (SPI), went up by 0.24 percent for the combined consumption groups during the week ended on November 7, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, the SPI for the week under review in the above-mentioned group was recorded at […]
Meezan Bank partners with Trifit Gym By: Agencies on November 9, 2024Meezan Bank, Pakistan’s leading Islamic bank, has recently entered into an exclusive partnership with Trifit Gym, a world-class fitness club in Karachi and Islamabad, to offer its premium cardholders a significant discount on fitness packages. Through this collaboration, Meezan Bank’s Premium Cardholders will be able to enjoy up to 50 percent discount on Trifit packages […]
Workers’ remittances increase by 34.7% By: APP on November 9, 2024The Workers’ remittances increased by 34.7 percent during the first four months of the current fiscal year as compared to the corresponding period of last year, according to latest data of State Bank of Pakistan (SBP) released on Friday. The remittances reached to US$ 11.8 billion during July-October 2024-25 as against the remittances of US$ […]