On Thursday, the Pakistan Stock Exchange (PSX) commenced trading with a positive trend, witnessing a significant intraday gain of over 1,000 points in the benchmark index. As per the PSX website, the KSE-100 index, listed as the benchmark, surged by 1,271 points, surpassing the 62,000 mark by 11:25 am and reaching a trading level of…
Islamabad, December 28, 2023: In a groundbreaking collaboration, Ufone 4G and Huawei have unveiled commercial deployment of world’s first Microwave Super Hub solution, showcasing Huawei’s innovative feature of intelligent dynamic power control at large traffic hub sites. The genesis of the Super Hub stems from the challenges associated with the dense link deployment at hub…
Karachi, December 27, 2023 : The salt export industry in Pakistan is teetering on the brink of collapse, casting a daunting shadow over businesses, particularly within the salt sector. The Salt Manufacturers Association of Pakistan (SMAP) urgently calls for immediate government action to avert an impending disaster that could have far-reaching consequences for the industry….
Islamabad, December 27, 2023 : The caretaker government’s initiatives are showing positive outcomes, with Pakistan’s active taxpayer count reaching 5.3 million, according to sources from the Federal Board of Revenue (FBR). According to the updated income tax Active Taxpayer List (ATL), individual taxpayers have reached 3.69 million, while corporate/association of persons (AOPs) have reached 1.67…
Islamabad, December 25, 2023 : Dr. Umar Saif, the Caretaker Federal Minister for Information Technology and Telecommunication, stated that the prompt decisions of the Special Investment Facilitation Council (SIFC) are producing significant outcomes, propelling Pakistan’s IT exports towards the $10 billion mark. In a video message, the minister announced, “Last month, in collaboration with the…