Canada’s Tim Hortons, one of North America’s most popular restaurant chains, has announced plans to open dozens of outlets in Pakistan this year. According to the company’s LinkedIn page, “Tims is opening in Pakistan this year as we continue to grow Tim Hortons around the world.” There will be dozens of new Tim Hortons restaurants…
Foreign direct investment of $6.1 billion were allured during July 1, 2018, to March 30,2022 by the telecom industry: As reported by Federal Minister for IT and Telecommunication Syed Amin ul Haque. On the event of “World Telecommunication and Information Society Day”, the aforesaid Minister reported that the number of active cellular SIMs reached 193…
According to an industry source, Petrochina submitted the lowest bids in response to a Pakistan LNG Limited (PLL) procurement seeking two spot cargoes of liquefied natural gas (LNG) for delivery in June. Petrochina offered prices of $23.96/mmbtu for a delivery on June 1-2 and $22.49/mmbtu for a delivery on June 28-29. PLL had advertised the…
Punishments of Rs 108.93 million have been levied on four major banks by the State Bank of Pakistan (SBP) for violations of several regulatory regulations during the quarter ending March 31, 2022. With regard to the most recent action by the banking watchdog, Albaraka Bank (Pakistan) Limited received the maximum penalty of Rs 40.901 million…
According to the findings of the Labour Force Survey (LFS) published by the Pakistan Bureau of Statistics, Pakistan’s economy created 5.5 million jobs over the last three years – on an average of 1.84 million jobs per year, which is far higher than the yearly average of new job creation during the 2008-18 decade (PBS)….
The Federal Board of Revenue (FBR) has frozen the bank accounts of Telenor on account of its income tax default amounting to approximately Rs3.5 billion. The company owes the government of Pakistan as arrears of tax liability from previous years, which it has failed to pay. All appellate for a as well as Islamabad High…
When it comes to having uncomfortable discussions, women are leading the way. They’re sharing their knowledge and paving the way for others. YouTube believes that everyone should have a platform to express themselves. They wish to assist creatives express themselves in a way that is unique to them. As a result, they want to shift…
Pakistan Petroleum Limited (PPL) and Oil & Gas Development Company Limited (OGDCL) have entered into a non-binding framework agreement for the restart of the Reko Diq project with the federal government, the Balochistan government, Government Holdings (Private) Limited (GHPL), and Barrick Gold Corporation (Barrick). The Pakistan Stock Exchange (PSX) was informed of the news by…
After completing its $80 million Series C round, Cresta, the leading provider of real-time intelligence for contact centers, has quadrupled its post-money worth to $1.6 billion. Cresta has quadrupled its sales in the last year and achieved a Net Revenue Retention (NRR) of 210 percent. Tiger Global led the round, with Genesys, Five9, J.P. Morgan…