Karachi, February 19, 2021: Exporters of goods and services, including IT based services, are allowed to retain a certain portion of their exports proceeds in their Special Foreign Currency Accounts. The fund from these accounts, however, could be utilized for specified purposes only. Over time the types of payments that exporters need to make have…
Karachi, February 19, 2021: The KSE100 started the day strong, rising to touch a high of +235 points from where the index slid to a low of -6 points as a result of profit-taking. The market closed the volatile session at 46,227 level with the benchmark index having inched up 85 points. BYCO (9.6 percent),…
Karachi, February 19,2021: Karachi Wholesale Growers Association’s measures against the speculative market have led to stabilization in wholesale prices of commodities, reduction in prices of other commodities including sugar, pulses, gram and others. Merchants from all over the country are with us for the elimination of seller option and buyer option and are ready to…
Islamabad, February 18, 2021: The Honourable Prime Minister of Pakistan thanked Overseas Pakistanis for their overwhelming response to the State Bank’s Roshan Digital Account (RDA) initiative. He was speaking at a ceremony at the Prime Minister House today, held to mark the significant milestone of remittances through RDA crossing $500 million in just five months….
Islamabad, February 18, 2021: Pakistani telecom operator, Ufone brings a gaming ecosystem for all its customers across Pakistan. Ufone’s Ubox app provides access to hundreds of games without any advertisements or in-app purchases for a nominal subscription fee. By using UBox, customers can enjoy variety of games curated especially to challenge minds and ensure a…