Saudi Arabia, OPEC+ producers announce surprise oil output cuts
Sunday’s unexpected voluntary cuts come in addition to ones already agreed upon in Oct
Barcode turns 50 but its days might be numbered
GS1 believes moving to QR code format allows sharing of far more information about products
“Khao kasam,” says OLX to its sellers before finalising a deal
OLX makes sellers take a religious undertaking to earn commission from the proceeds
Fuel cost adjustment hearing: power, but no power lines?
NTDC under fire for failure in laying transmission line to evacuate electricity from Thar coal-based power plants
Fiscal deficit to GDP reduced, but external financing still falling short
Fiscal deficit reduces to 2.3% of GDP during July-Jan FY23, down from 2.8% in same period of FY22
China rolls over $2b loan to Pakistan, Dar confirms
Formal confirmation of refinancing would be made after completion of process
China-Pakistan border to reopen on April 1
Trade to resume after three year suspension due to Covid-19 restrictions
Post Office yet to clear Rs8.8b to power utilities
Intervention from PM Office in clearing dues owed to DISCOs and K-Electric by Pakistan Post Office
ECC approves outsourcing operations of three airports
Process will be completed expeditiously by engaging a leading international financial institution
‘Pakistan awaits China’s decision on rollover of $2b loan that matured last week’
Support from friendly countries followed by IMF tranche would unblock flows cash from other multilateral agencies
AirSial expands into int’l market with direct flights to Jeddah
Company commences int'l operations two and a half years after entering local market
Pakistan Railways set to float tender allowing facilities to be utilised for advertising
Lahore railway station, certain crossings, and two rail carriages will be part of initial pilot programme as Pakistan Railway attempts to monetise infrastructure
China spent $240b bailing out ‘BRI countries’ including Pakistan: report
Argentina received the most, with $111.8b, followed by Pakistan with $48.5b
IMF wants external financing commitments fulfilled to release funds, PM says
Lender wants Islamabad to explain fuel scheme before progressing any further
Packages posts 50% increase in revenue but profits remain stable
High financing cost due to rising interest rates held back the business giant’s profits