Press Releases

Empowering Digital Pakistan: H3C Embarks on Digital Transformation with Partners and Customers

RAWALPINDI, Pakistan, Nov. 20, 2021 /PRNewswire/ — H3C, a leader in digital solutions, recently rolled out its global virtual event, the H3C Digital Tour 2021, in Pakistan. During the event, Gary Huang, President of International Business and Senior Vice President of H3C, shared his insights on Pakistan’s digital transformation and its social impact with local experts, […]

Economy

SECP Makes Hascol Management And Auditors Responsible for Financial Fiasco

The Securities Exchange Commission of Pakistan (SECP) in its investigation has made Hascol Petroleum Ltd’s management and auditors responsible for the financial fiasco.Sources said that the SECP, in its investigation on the first show-cause notice issu…

Economy

Prime Minister Orders Authorities to Facilitate Chinese Investors

Prime Minister Imran Khan has directed authorities to facilitate all Chinese investors who are setting up industries in Pakistan on an emergency basis by resolving their issues related to road connectivity and the provision of utilities.He said this du…

Economy

Medicine Prices Increased by More Than 300% in Previous Two Years

Medicine prices have gone up by as much as 311.61 percent during the last two years, the Ministry of National Health Services informed the upper house of parliament on Friday.According to details presented by the ministry in Senate, during the last two…

Economy

State Bank of Pakistan Announced an Unexpectedly High Policy Rate: Bloomberg

The decision by the State Bank of Pakistan (SBP) to raise its benchmark interest rate by 150 basis points to 8.75 percent has been labeled “more than expected” by Bloomberg.The publication said that all 41 analysts it surveyed expected an increase, how…

Economy

SBP Discusses Digital Frauds and Cyberattacks With FIA & Banks

Governor State Bank of Pakistan, Dr. Reza Baqir, chaired a meeting today with Director General FIA Sanaullah Abbasi to strengthen and coordinate efforts of SBP, banks and Federal Investigation Agency (FIA) to fight money laundering, cyber-attacks, and …