Business
National Foods inaugurates largest manufacturing facility in Faisalabad
Faisalabad, April 30, 2024: National Foods Limited (NFL) is set to revolutionize Pakistan’s food landscape with the inauguration of its largest, state-of-the-art production plant in Faisalabad. Fueled by an investment of PKR 7 billion, the plant is equipped with cutting-edge technology and marks a significant milestone in National Foods’ pursuit to bring further innovation and…
TECNO launches the new CAMON 30 Series in an extravagant Vogue Night
Karachi , April 30, 2024: TECNO, Pakistan’s No 1 selling smartphone brand, just launched its much-awaited series of the year CAMON 30 in a grand fashion show called “Vogue Night” on 30th April in Karachi. The Camon 30 Series, comprising the CAMON 30, CAMON 30 Pro, and CAMON 30 Premier, represents a leap forward in…
How ABHI and Soorty financially empowered Labor in Pakistan
Karachi, May 01, 2024 : On the occasion of Labor Day, ABHI and Soorty have released a documentary reflecting on transformative change and showcasing the impact of their collaboration on the lives of workers. From blue-collar workers to C-level executives, individuals from all walks of life have benefited from Earned Wage Access, experiencing financial freedom…
K-Electric seeks power tariff hike of Rs 18.86 under FCA
Islamabad, April 29, 2024 : K-Electric has submitted an application to the National Electric Power Regulatory Authority (NEPRA) seeking a substantial Rs18.86 per unit increase in the power tariff. This request is attributed to the monthly Fuel Charges Adjustments (FCA) spanning seven months. NEPRA is scheduled to conduct a hearing on the K-Electric application on…
Monetary Policy: SBP keeps policy rate unchanged
Karachi, April 29, 2024 : On Monday, the State Bank of Pakistan (SBP) opted to maintain the policy rate at 22 percent for the seventh consecutive session. The announcement followed a meeting of the bank’s Monetary Policy Committee (MPC). In its statement, the MPC emphasized the importance of maintaining the current monetary policy stance to…