Buisness Archives - Page 11 of 11

SBP Reports Digital Retail Payments Soar to Rs36 Trillion

Digital Retail Payments Surge in Q1 FY25: SBP Report KARACHI: The volume of retail payments via digital platforms surged by 9%, reaching 1,699 million transactions valued at Rs36 trillion in…

Admin December 21, 2024

Buisness

PSX rebounds with a 3,200-point surge following a sharp decline

The Pakistan Stock Exchange (PSX) experienced a notable rebound on Friday, with the KSE-100 index rising by 3.05%, closing at 109,513.14 points. During the session, the index peaked at 109,846.64…

Admin December 20, 2024

Buisness

Amazon Faces Nationwide Walkout Amid Holiday Shopping Surge

Workers from three Amazon facilities in Southern California have joined thousands of employees nationwide in a strike organized by the Teamsters union. The action, which coincides with the busy holiday…

Admin December 19, 2024

Buisness

“World Bank and Pakistan Discuss Climate Resilience”

ISLAMABAD:Najy Benhassine, the World Bank’s Country Director for Pakistan, met with Romina Khurshid Alam, Coordinator to the Prime Minister on Climate Change, to discuss key areas of cooperation aimed at…

Admin December 18, 2024

Buisness

“Current Account Surplus Hits Decade-High”

KARACHI: After a significant reduction in the policy rate, Pakistan achieved its highest current account surplus in over ten years, reaching $729 million in November 2024. This surge was mainly…

Admin December 18, 2024

Buisness Pakistan

Gold Prices Slightly Decrease in International and Local Markets

On Monday, gold prices experienced a decline in both global and local markets. In the international bullion market, the price of gold per ounce decreased by $8, settling at $2,658.…

Admin December 16, 2024