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Partnering with the tech leaders in the private sector to improve the digital footprint of Pakistan and IT exports is the underlying spirit behind the Punjab Information Technology Board’s (PITB) latest initiative, ‘BizLinks’.The initiative is a major step forward towards collaborative engagement with tech leaders through strategic partnerships and jointly…

The country’s petroleum group imports witnessed a negative growth of 17.96 percent during the first 10 months (July-April) of the current fiscal year 2022-23 (FY23) and stood at $13.974 billion compared to $17.033 billion during the same period of last fiscal year, says the Pakistan Bureau of Statistics (PBS).The data…

The Lahore High Court, Multan Bench, has granted authorization to the Competition Commission of Pakistan (CCP) to recommence proceedings in three cases involving allegations of Deceptive Marketing Practices.This decision comes as a result of the court’s recognition of the CCP as the primary authority responsible for addressing competition-related matters, affirming…

Pakistan Tobacco Company (PTC) is planning to close down its manufacturing unit in Jhelum, top company officials told reporters on Saturday at the company’s Jhelum factory.Out of 10 production machines, eight production lines in Jhelum have been closed and the company is working with a minimum capacity of two machines.…

The price of gold in Pakistan posted its biggest increase of the week on Saturday, closing at Rs. 235,300 per tola.According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) went down by Rs. 2,700 per tola to Rs. 235,300 while…

The country’s textile group exports declined by 14.22 percent during the first 10 months (July-April) of the current fiscal year 2022-23 (FY23) and stood at $13.709 billion as compared to $15.981 billion during the same period of last year, the Pakistan Bureau of Statistics (PBS) said.The data of exports and…

The Ministry of Planning Development and Special Initiatives has authorized Rs. 72 billion for various Ministries/Division in the fourth quarter of the current fiscal year (2022-2023) under the Public Sector Development Program (PSDP) which is Rs. 50 billion more compared to the same period of the previous year of (2021-22).According…

Pakistan Railways is working to complete the rehabilitation work on a 33.50-kilometer track between Quetta-Bostan and Quetta-Chaman section at the earliest.According to official sources, the track will not only facilitate the passengers and small businessmen, but also connect three major cities of the Balochistan province.They said the overall length of…