Category : Business

Temu, the international shopping app known for its eye-catching discounts and relentless advertising, is facing increasing criticism in Pakistan. Already under scrutiny in the United States for allegedly product dumping and facing antitrust complaints in Europe, the company is now being called out

In a significant move for Pakistan’s banking sector, BankIslami, one of the leading Islamic financial institutions in Pakistan, has launched the country’s first-ever cheque encashment service through Cash & Cheque Deposit Machines (CCDMs), powered by TouchPoint’s advanced digital platform, QMatch. This innovative service

The salaries and allowances of federal cabinet members have been significantly increased, with federal ministers, ministers of state, and advisers receiving raises of up to 188 percent. Sources confirmed on Thursday that the federal ministers approved a salary hike for themselves and ministers

Prime Minister Shehbaz Sharif on Tuesday directed the Islamabad administration to ensure zero tolerance against profiteers as the federal government was committed to maximum relief to the people during holy Ramazan. The prime minister, chairing a meeting to review the performance of the

In a major move to reshape the real estate landscape, HR Properties, the trusted partner of Etihad Town, is now expanding its operations to Sialkot. Renowned for delivering secure, innovative, and profitable investment solutions in Lahore, HR Properties is bringing its expertise to

Engro Corporation Limited (PSX: ENGRO) announced its 9MCY24 financial result with a consolidated profit after tax of Rs. 11.983 billion (EPS: Rs. 22.33), depicting a decline of 48 percent YoY. On a quarterly basis, the consolidated earnings clocked in at Rs. 5.722 billion

On the final day of his visit to Washington DC to participate in the Annual Meetings of the World Bank Group and IMF, Federal Minister for Finance and Revenue, Muhammad Aurangzeb, met with Andrew Torre, Regional President for VISA. He appreciated Visa’s commitment

Pakistan is close to finalizing a $1.6 billion financing agreement with China for upgrading the Thakot-Raikot section of the Karakoram Highway, sources familiar with the negotiations informed ProPakistani. The Finance Ministry, Planning Commission, and Economic Affairs Division are engaged in discussions with Chinese

The annual revenue of the National Highway Authority (NHA) has increased to Rs. 110 billion while revenue collection at toll plazas has also reached Rs. 64 billion.   Federal Minister for Communications Abdul Aleem Khan highlighted this while presiding over a high-level meeting on

Pakistan Railways (PR) has requested a 130 percent increase in its budget from Rs. 31 billion to Rs. 71 billion for procuring 1,050 bogies. This request has faced strong objections from the Ministries of Finance and Planning when presented to the Central Development