Kia Picanto Automatic gets upgraded with a 9-inch touchscreen and a rear-view camera, maintaining its price at Rs. 3,850,000, with an extra Rs. 50,000 cashback for early bookings. Meanwhile, Pak Suzuki enhances safety features in the Swift line-up, introducing airbags, fog lamps, and seatbelt reminders for an improved driving experience.
Pakistan’s IT and IT-enabled Services (ITeS) sector witnessed a 4.4% increase in export remittances, reaching $893 million in the first four months of FY23-24. Despite impressive growth over the past five years, challenges such as policy inconsistency and taxation issues hinder the sector’s goal of reaching a $15 billion export potential, according to the Ministry of Information Technology and Telecommunication.
PIA announces a 20% discount and an 80 kg luggage allowance exclusively for students on flights to China, encouraging student travel and aiding the airline’s recovery efforts.
Pakistan Petroleum Limited achieves a substantial gas and condensate discovery at the Jhim East X-1 well in Shah Bandar, Sindh, contributing to energy sector needs and reducing the supply-demand gap in the country. #PPLDiscovery #EnergySecurity
Rawalpindi is introducing a new bus service with 78 minibusses covering 34 routes, aligning timings and fares with the Metro Bus Service for seamless commuting. The integrated system, set to launch in phases, enhances public transportation with feeder buses connecting to metro stations.
Toyota is gearing up to introduce its first Hybrid Electric Vehicle (HEV) in Pakistan, the Corolla Cross HEV, representing a major step in the country’s automotive sector. With a significant $100 million investment, the move aims to cut import costs and save $37 million annually, catering to a growing demand for fuel-efficient and eco-friendly vehicles.
Roshan Digital Accounts (RDAs) in Pakistan recorded a substantial $6.898 billion in foreign exchange inflows by October 2023, showcasing the program’s success in attracting global investments. With $1.524 billion repatriated and $4.219 billion used locally, RDAs continue to play a crucial role in the country’s financial landscape.
PayFast, Pakistan’s top payment gateway, reinforces its collaboration with JazzCash, a leading fintech provider, allowing millions of Pakistanis to use JazzCash mobile wallets for online transactions, fostering financial inclusion and convenience. This partnership also offers businesses using PayFast an opportunity to tap into the growing e-wallet market, with JazzCash boasting over 43 million registered users.
The Caretaker Religious Affairs Minister, Aneeq Ahmed, revealed that the cost for Hajj 2024 under the government quota is set at Rs. 1.075 million, marking a notable decrease from the previous year. Other policy changes include returning unused slots, implementing financial monitoring, and allowing greater flexibility for individuals over 80 in private Hajj schemes.
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