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BRICS: Pakistan’s Strategic Move to Reshape Trade Dynamics and Foster Global Alliances

In a significant geopolitical move, Pakistan has expressed its intention to join the BRICS alliance, a coalition of five major emerging national economies -...

State Bank of Pakistan’s Ambitious Strategic Plan Navigates Complex Terrain

The State Bank of Pakistan (SBP) has laid out an ambitious and comprehensive strategic plan, meticulously designed to steer through the intricate web of...

Inflation in Pakistan Spikes by Nearly 10% this Week

The Weekly Sensitive Price Indicator (SPI) for the Combined Group in Pakistan witnessed a sharp increase of 9.95% in the week concluding on November...

Lam Scam: Twin Cities Residents Lose Millions in Online Earning App Deception

The Lam app, known for enticing investors with the allure of quick and substantial profits, garnered trust before abruptly shutting down, prompting victims to...

Pakistani Banks in the Spotlight for 2021 and 2022 Foreign Exchange Transactions

In a move directed by the International Monetary Fund (IMF), the caretaker government is gearing up to levy taxes on windfall profits accumulated by...

China’s Financial Lifesaver Loans to Pakistan

In a pivotal moment for Pakistan's economic landscape, the country has reached out to two Chinese banks, appealing for a fresh injection of $600...

Inflation and Debt Weigh on Pakistan’s Economy

In light of the numerous economic challenges confronting the provisional government of Pakistan, such as the exponential growth of inflation and the accumulation of...

Foodpanda Introduces a Dedicated Mental Health Holiday for Employees

Foodpanda, Pakistan's prominent food delivery platform, is elevating its commitment to employee well-being by introducing a dedicated mental health holiday. This recent addition to...

Misconceptions That Hinder Pakistan’s Economic Growth

It’s the time to accept the truth that Pakistanis are living with a slew of misconceptions that hinder its path to national development. These...

The Remarkable Transformation of Punjab Provincial Cooperative Bank Limited (PPCBL)

The Punjab Provincial Cooperative Bank Limited (PPCBL) may not be a ubiquitous name, but its rich history dates back to 1924. As one of...

The Ups and Downs of SMEs Financing in Pakistan

As third-quarter financial numbers continue to trickle in, one thing is plainly clear; Pakistan's banks are making huge profits and witnessing triple-digit bottom-line growth....

De-dollarization Has Begun.

Peter C. Earle Last week, China and Brazil reached an agreement to settle trades in one anothers’ currencies. Over the past 15 years, China has replaced...

JS Bank Partners with Closet to Provide Innovative Banking Services

JS Bank, one of Pakistan's fastest-growing financial institutions, has announced an exciting and strategic partnership with Closet, a pioneering fashion rental marketplace. This collaboration...

Gold Price Decreases in Pakistan and What It Means for You?

The value of gold in Pakistan has recently experienced a decline, and while this shift is in line with fluctuations in the global market,...

HBL Joins UN’s Banking Revolution for Greener Tomorrow

In a significant move towards a sustainable future, Habib Bank Limited (HBL) has officially become a signatory to the United Nations Principles for Responsible...

CPEC boosts development of industries in Pakistan

The China-Pakistan Economic Corridor has boosted the development of industries such as energy, infrastructure, agriculture, and textiles in Pakistan, making significant contributions to Pakistan’s...

Financial woes at Pakistan International Airlines causing headaches for Canadian travellers

Nishat Chowdhury When he learned that Pakistan International Airlines is facing a cash crunch, Edmontonian Shakil Meenai's first instinct was to check the status of his...

Unlocking Pakistan’s Economic Potential: Embracing Digital Payments for MSMEs

In a recent report by the United Nations-based Better Than Cash Alliance, a promising opportunity for Pakistan's economic growth has come to light -...

Pakistan’s Strengthening Currency and A Tale of Soaring Inflation

The Pakistani government is cognizant of the issue and is offering tax exemptions and other incentives to attract foreign investment. When Pakistanis observe the...

Bank Alfalah to Establish Exchange Company

The decision to create an exchange company aligns with the framework outlined by the State Bank of Pakistan. The authorized share capital for this...

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