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Pakistan posts $9m current account surplus in November, ending four-month deficit
The SBP reported a current account deficit of $1.16 billion in July-November of FY24, a significant improvement from the $3.3 billion deficit during the same period in the previous fiscal year
Finance Division raises alarm over advert of over 4,000 vacancies by Pakistan Post
ISLAMABAD: The Ministry of Finance on Wednesday raised alarm over the Ministry of Communication's advertisement for over 4,000 posts for its attached department Pakistan...
Pakistan posts record trade surplus, export growth in Covid hit Italian market
ISLAMABAD: Pakistan's Ambassador to Italy, Jauhar Saleem has said that Pakistan has posted a trade surplus of $300 million, 49 per cent higher than...
Philip Morris Pakistan posts Rs1.76bn profit for 2020
Philip Morris (Pakistan) Limited has announced a profit after tax of Rs1,765 million for the year ended 31st December 2020 as compared to a...
Pakistan Post reverts back to manual ledger system
ISLAMABAD: Pakistan Post has reverted back to manual ledger system from digital transactions due to its non-functional Centralised Software Solution (CSS).
Sources revealed that departmental...
Shell Pakistan posts Rs1.8bn profit for Q3 2020
The Board of Directors of Shell Pakistan Limited on Wednesday announced the company’s financial results for the third quarter ending September 30, 2020.
The company...
Pakistan Post directed to stop opening new savings accounts
ISLAMABAD:Â In order to comply with the requirements of the Financial Action Task Force (FATF), a supervisory board has directed the Pakistan Post to stop...
Nestlé Pakistan posts Rs88.7bn revenue for 9M2020
Nestlé Pakistan Limited posted a revenue of Rs88.7 billion for the nine-months period ended September 2020, an increase of 1.9pc compared to the same...
Financial scam in Pakistan Post unearthed
ISLAMABAD: A financial scam worth millions of rupees has surfaced in the Pakistan Post Office Department (PPOD) owing to the connivance of its officials.Â
Documents...
Shell Pakistan posts Rs3.54bn loss for 2nd quarter of 2020
The Board of Directors of Shell Pakistan Limited (SPL) met on Friday to discuss the company’s performance and announce its financial results for the...
SBP stresses active involvement of Pakistan Post to promote financial inclusionÂ
'Cross-country evidence indicates that post offices are likely to accommodate financial needs of individuals who are poor, less educated, or outside the labour force compared to conventional financial institutions'
Pakistan Post’s revenue surges by 110pcÂ
ISLAMABAD: Revenues for the state-owned Pakistan Post have gone by 110pc during the last year, the Minister for Communications Murad Saeed informed while speaking...
HBL and Pakistan Post join hands to further financial inclusionÂ
ISLAMABAD: HBL and the Pakistan Post Office Department (PPOD) have entered into a 20-year strategic alliance with an investment portfolio of Rs118 billion aimed...
PM approves establishment of Pakistan Post Pension Fund
ISLAMABAD:Â Prime Minister Imran Khan on Wednesday approved the establishment of Pakistan Post Pension Fund for an institutionalised mechanism for disbursing of pension.
Chairing a meeting...
Pakistan Post offers EMO service to send money at doorstep
The Pakistan Post is offering Pakistan Post Electronic Money Order (EMO) service which is known as post to the doorstep, adding that these EMOs...