Business News
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PayPal enters Pakistan via strategic partnership | The Express Tribune
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[ad_1] ISLAMABAD: PayPal is set to establish its presence in Pakistan through a strategic partnership with an existing international payment gateway, catering to freelancers and IT professionals. The joint venture announcement is expected next week. Caretaker Minister for IT and Telecom, Dr Umar Saif, stated that PayPal will operate indirectly in Pakistan through this collaboration,…
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How to make extra money after costly Christmas, New Year spending?
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[ad_1] People wind their way through the Eaton Centre in Toronto during the December holidays. — X/2thecanadianpress After the holidays, a lot of people check their bank accounts to see where all of their money has disappeared as it is common to find your wallet a little empty at the end of December due to…
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Govt, KE agree to ensure Karachi’s energy security
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[ad_1] Power Division and K-Electric ink landmark agreements, in the presence of Minister for Energy Muhammad Ali, providing energy security for Karachi at Power Division. — Ministry of Energy/X/@MoWP15 ISLAMABAD: In their bid to address Karachi’s energy woes, the caretaker federal government and Karachi Electric (KE) Friday inked various agreements provisioning stabilised electric supply to address…
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Verizon customers to get $100 each in settlement — Who qualifies, how to get paid
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[ad_1] A display of the Verizon logo on a smartphone. — Verizon A payment of up to $100 may be received by certain Verizon subscribers which is followed by the resolution of a class action complaint alleging that the company was using a “deceptive and unfair manner” to charge customers unreported administration fees. Verizon agreed…
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Rs150b needed for better services | The Express Tribune
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[ad_1] ISLAMABAD: In order to improve Pakistan’s governance indicators, the Planning Commission has estimated that Rs150 billion will be required under the new five-year economic plan for better service delivery and beating the South Asian nations. The draft of an official plan underlined that the lack of accountability and transparency at all levels of the…
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Analysts urge politicians to draw up economic stability plans | The Express Tribune
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[ad_1] KARACHI: Analysts and market pundits have described 2024 as the most volatile year locally and globally because of elections, energy crises, tough conditionalities of the International Monetary Fund (IMF) programme, and the lack of clear directions from the upcoming government to address prevailing challenges. They said all local mainstream political parties contesting the general…
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Rupee continues upward trajectory | The Express Tribune
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[ad_1] KARACHI: The Pakistani currency continued its upward trajectory, reaching a two-month high at slightly over Rs281.50 against the US dollar in the interbank market on Thursday. This marks the second successive working day of gains, supported by the government’s commitment to crack down on currency smugglers and hoarders. According to the State Bank of…
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Ministries violate cabinet directive | The Express Tribune
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[ad_1] ISLAMABAD: The interim government has violated a decision of the federal cabinet, failing to recover approximately Rs95 billion from publicly-owned power sector companies. Instead, it released Rs131 billion without first deducting its receivables. This failure by two ministries to implement the cabinet’s decision has resulted in a higher level of budget deficit for the…
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Traders ride Chinese county’s boom | The Express Tribune
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[ad_1] BEIJING: More Pakistani traders are settling in the Tashikurgan Tajik autonomous county of Kashgar in China’s Xinjiang Uygur autonomous region to tap the business potential. As the county is close to their homes, they said it was easy to commute and interact with the local community. A booming tourism is benefitting their businesses. Pakistani…
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Rupee hits over two-month high against dollar | The Express Tribune
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[ad_1] KARACHI: Pakistani currency resumed its uptrend on Wednesday after taking a breather for a day, hitting over two-month high at slightly above Rs281.50 against the US dollar in the inter-bank market. The uptick stemmed from a reduction in demand for the foreign currency and an increase in its supply in the banking network. According…
