Global Payments into Pakistan

NayaPay, Alipay+ boost global payments into Pakistan

Karachi , January 23, 2024 : NayaPay, a rapidly growing financial platform, has partnered with Alipay+, a cross-border digital payments and marketing platform operated by Ant International. The collaboration between NayaPay and Alipay+ is set to make a significant impact by deploying QR codes compatible with both RAAST and Alipay+ payment partners, including e-wallets and…

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Pakistan General Election

TikTok shares election integrity measures on platform ahead of Pakistan General Election

Karachi, January 23, 2024 : TikTok today shared its approach to uphold and protect election integrity on its platform ahead of the Pakistan parliamentary elections slated for February 2024. The initiative underscores TikTok’s commitment to being a responsible and reliable source of information, especially during critical civic events. TikTok has robust measures in place to…

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Lahore University of Management Sciences (LUMS)

The United States and LUMS inaugurate electric vehicle R&D center

Lahore, January 23, 2024: Officials from the United States government and the Lahore University of Management Sciences (LUMS) inaugurated their new, jointly funded e-Mobility Research and Development Center at the Syed Babar Ali School of Science and Engineering at LUMS’ Lahore campus. This research and development center aims to help promote widespread use of electric…

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PTC campaign

Two more organizations join hands with PTC for joint massive tree plantation campaign in Karachi

Karachi, January 23, 2024 : Two more organizations have joined hands with the Plant a Million for Community (PTC) campaign aimed at conducting a massive tree plantation drive in Karachi in the next few years. The PTC in this regard signed two separate memorandums of understanding with the Dream World, Resort, Hotels & Golf Course,…

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Textile exports

Pakistan Textiles

As per the latest data reported by PBS, textile exports recorded an increase of ~3% YoY in Dec’23 to clock in at US$1.4bn vs. US$1.3bn in SPLY. The increase is possibly due to Christmas/winter season coupled with improve cotton arrivals. Segment wise, export of value-added textile products increased by ~2% YoY, to stand at US$0.97…

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