Science & Technology
SBP released its annual report in the national payment ecosystem during the Fiscal Year 2023-24
KARACHI, October 11 2024: The State Bank of Pakistan (SBP) has released its annual report highlighting the significant advancements in the national payment ecosystem during the Fiscal Year 2023-24. The report underscores the remarkable growth in digital payments, driven by the increasing availability and adoption of digital payment channels, reflecting a growing reliance on these…
Pakistan Autos: Car sales rose by 24% YoY and 18% MoM in Sep 2024
KARACHI, October 10 2024: Car sales in Pakistan clocked in at 10,297 units in Sep 2024, reflecting a 24% YoY and 18% MoM increase in sales, as reported by PAMA. The increase in car sales is driven by a backlog of Suzuki cars which were delivered this month. This takes 1QFY25 sales to 27,585 units…
Dagha urge bold rate cut to stimulate private sector amid single-digit inflation
KARACHI, October 10 2024: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani and Chairman Policy Research & Advisory Council (PRAC) Mohammad Younus Dagha have advised the Central Bank to reduce the policy rate by at least 300 basis points in the next Monetary Policy Committee (MPC) meeting in line with a notable…
Saudia unveils first and business class check-in lounge at Jeddah Hub passengers
Saudia Arabia, October 10 2024: The national flag carrier of Saudi Arabia, has recently announced the inauguration of its new First and Business Class Check-In Lounge at Terminal 1 of King Abdulaziz International Airport in Jeddah. This state-of-the-art facility is designed to enhance the travel experience for Saudia’s premium guests, including travellers from Pakistan, as…
Minister of Commerce encourages women-led businesses
ISLAMABAD, October 10 2024: The president of the Islamabad Women’s Chamber of Commerce and Industry (IWCCI), Samina Fazil, stated Thursday that businesswomen are very pleased with the stabilization of the economy because the country is moving in the right direction. She said that we have high expectations for Federal Minister of Commerce Jam Kamal Khan,…