Business
Pakistan excludes Pakistan Steel Mills from privatization list
Islamabad, December 19, 2023 : The interim government has excluded Pakistan Steel Mills from its list of state-owned entities for privatization. The government has released a revised list of state-owned entities (SoEs) slated for privatization as part of its ongoing privatization program. In total, 26 SoEs will be transferred to the private sector, encompassing four…
Sugar price soars to Rs143/kg in Pakistan
Islamabad, December 19, 2023 : Sugar prices surged to Rs143 per kg in retail markets throughout Pakistan, as per an official document. Official data indicates that sugar was priced at Rs95.29 per kg in December of last year. The average price of the commodity increased by Rs48 per kg during the same period. Additional details…
Finance professionals should take lead on public sector risk management in era of great challenges
Lahore, December 15, 2023: Top risks facing public sector organizations are financial challenges and an inability to meet changing demands and expectations of the public for services. A global survey of finance professionals and others working in the public sector showed a key part of the global economy wrestling with significant risks, while not always…
Gold prices rise in Pakistan
Karachi, December 15, 2023 : On Friday, the local market saw a significant surge in the per tola price of 24-karat gold. Gold prices in the domestic market rose by Rs5,700 per tola, reaching Rs218,300, as reported by the All Sindh Sarafa Jewellers Association. The cost of 10 grams of 24-karat gold also surged by…
Pakistani fintech ABHI selected in UAE’s future 100 companies
Karachi, December 14, 2023 : ABHI, an embedded finance platform, has been selected as one of the Future 100 companies in the UAE. Future100, an initiative by the Ministry of Economy and the Government Development and the Future Office aimed at spotlighting the top 100 startups contributing to the nation’s readiness for the future and…