Thanks in part to Brexit, Lithuania is becoming a fintech hub as a growing number of UK-linked digital financial companies are getting licences there so they can continue to operate in the European Union. The Baltic eurozone state with a population about a third the size of London is now leading the EU in fintech […]
Business
Privacy faces risks in tech-infused post-Covid workplace
People returning to work following the long pandemic will find an array of tech-infused gadgetry to improve workplace safety but which could pose risks for long-term personal and medical privacy. Temperature checks, distance monitors, digital “passports,” wellness surveys and robotic cleaning and disinfection systems are being deployed in many workplaces seeking to reopen. Tech giants […]
Swiss spooked by using debt to prop up economy
Germany, which is known for strict budgets, has tapped debt markets to prop up its virus-hit economy, while neighbouring Switzerland has consistently curbed borrowing despite calls to change course. With Swiss firms struggling through another lockdown, the federal government last week finally loosened its purse strings a bit, doubling emergency aid to 10 billion Swiss […]
Sudan floats currency, part of measures to overhaul economy
Sudan took the unprecedented but expected step of floating its currency Sunday, meeting a major demand by international financial institutions to help transitional authorities overhaul the battered economy. The flotation is the boldest economic measure taken by the joint military-civilian government that has ruled the African country after a popular uprising. The revolt led to […]
Production of cigarettes goes up by 14.5% in FY21 first half
The cigarettes production has surged at least 14.5% with a total worth of over Rs 25 billion in the first six months of this fiscal year, according to the Pakistan Bureau of Statistics. The official data shows a significant increase in production and sale of the cigarettes in the country, contrary to the government’s claims […]
Bitcoin and ethereum prices ‘seem high,’ says Musk
Billionaire CEO Elon Musk said on Saturday the price of bitcoin and ethereum seemed high, at a time when the cryptocurrencies have hit record highs, with bitcoin crossing the $1 trillion market-capitalization threshold. The chief executive of Tesla Inc, whose recent tweets have fueled the digital-currency rally, made the remark on Twitter while replying to […]
Gold Rate In Pakistan Today, 21st February 2021
Gold Rate in Pakistan today on 21 February 2021 is being sold for Rs. 93110 per 10 grams, and the price of Gold is Rs. 108600 per tola in Pakistan today. Gold Rate In Pakistan Today Karachi is the main hub of the gold market, in Pakistan, Karachi is leading for the gold price, every […]
Pakistan, Sri Lanka agree to activate JWGs to boost trade
Pakistan and Sri Lanka had agreed to reactivate the forum of Joint Working Groups (JWGs) for redressal of technical issues pending between the two trading partners for prompting trade liberalization to increase bilateral trade between both of the countries. It was decided to conduct the next JWG meeting during the first half of 2021, said […]
Revival of power loom sector to boost economy in country
Manufacturing sector growth in any country provides strong basis for a vibrant economy, help create employment and boost exports for earning more and more foreign exchange. Economic stability is most often linked to manufacturing sector growth as it provides a strong basis for economy through revenue collection, enhancing per capita income and cutting trade deficits […]
NEPRA providing enabling regulatory environment for clean energy goals
Distributed generation through net-metering is one of the most effective tools to enable renewable power generation at the grass-root level and is one of the key focus areas of NEPRA for meeting increased electricity demands sustainably. This was stated by Chairman National Electric Regulatory Authority (NEPRA) while addressing launching of a research report by Institute […]