Business News
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PTCL promises ‘safeguarding interests of consumers’
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[ad_1] A representational image of several sim cards. — AFP/File Pakistan Telecommunication Company Limited (PTCL) has promised “safeguarding the interests of the concerned consumers” after the Federal Board of Revenue took a “strategic step” for tax compliance by ordering to…
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NIC Hyderabad sparks startup success | The Express Tribune
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[ad_1] KARACHI: The National Incubation Centre (NIC) of Hyderabad has successfully incubated over 100 startups in less than two years across four cohorts, garnering international acclaim while encompassing various tech businesses. Cohorts, often referred to as batches, are selected through…
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Ministry mulls adding dates on cement bags | The Express Tribune
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[ad_1] ISLAMABAD: The Ministry of Science and Technology has decided to forward the Competition Commission of Pakistan’s (CCP) proposal for revising national cement standards regarding the disclosure of “manufacturing/expiry dates” on cement bags to the PSQCA for deliberation in the…
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REIT fund seeks Rs403m investment via IPO | The Express Tribune
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[ad_1] KARACHI: TPL Real Estate Investment Trust (REIT) Fund-I is scheduled to offer a minimum of 1.25% (22.94 million) units at Rs17.59 per unit to the general public with the aim of raising Rs403 million in the ongoing week at…
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This is how much Facebook, Instagram and WhatsApp employees earn globally
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[ad_1] Meta employs around 67,000 people globally. — Arabian Business/File Meta, the umbrella company of Facebook, Instagram and WhatsApp, stands as one of the biggest tech firms globally. It has a huge workforce ranging from semi-skilled to skilled workers. According…
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Saudi Arabia finally secures funding for Neom’s ‘The Line’
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[ad_1] Saudi Arabia to open Neom’s Sinadalah Island in Red Sea by year-end. — Car Blondie/File Saudi Arabia has finally succeeded in securing $2.7 billion for Neom development projects after reports suggested that “The Line” was being scaled back, Construction…
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Mukesh Ambani’s Reliance turns man into millionaire overnight
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[ad_1] Mukesh Ambani is India’s third richest man. — AFP/File Who hasn’t fantasised about stumbling upon a hidden fortune that could solve all of life’s problems without breaking a sweat? For one lucky man in Delhi this dream became a…
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Govt tightens noose on non-filers | The Express Tribune
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[ad_1] ISLAMABAD: In a major development, the Federal Board of Revenue (FBR) on Tuesday issued legally-binding instructions to the relevant departments to block mobile phone connections of over half-a-million non-filers, as its campaign to voluntarily register retailers also falls apart…
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Petrol price goes down by Rs5.45 per litre
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[ad_1] An employee prepares to fill petrol in a vehicle at a fuel station in Karachi on August 1, 2023. — AFP The federal government has reduced the petrol price in Pakistan by Rs5.45 per litre for the next fortnight,…
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Dues of Chinese plants soar to Rs529b | The Express Tribune
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[ad_1] ISLAMABAD: The outstanding dues of Chinese power plants have increased to a record Rs529 billion due to Pakistan’s apathy towards these investors, as Beijing seeks more fiscal incentives for investment in the Special Economic Zones of the China-Pakistan Economic…
