Maiden Russian Crude Oil Shipment Expected Next Month
The first shipment of Russian crude oil is expected to arrive in Pakistan by the end of April. According to media reports, Russia has...
SBP Prioritize the Release of Edible Oil LCs to Avoid Shortage...
The State Bank of Pakistan (SBP) reportedly gives top priority to the edible oil sector for the release of letters of credit (LCs), this...
PTA Still Indecisive Over Granting License to Elon Musk’s Starlink
Even after several months, the Pakistan Telecommunication Authority (PTA) has not yet granted a license to Starlink to operate in Pakistan. As per details...
Government to Likely Lift LCs Restrictions
The federal government is likely to lift the curbs set in place for the Letters of Credit (LCs). As the country has started to...
SBP Receives $500M from Chinese Bank
The Finance Minister of Pakistan, Ishaq Dar, confirmed that Pakistan has received $500 million from the Industrial and Commercial Bank of China Ltd (ICBC)....
Meta Debuts New Facebook Reels Feature
Meta has announced new features for Facebook Reels, adding support for longer reels of up to 90 seconds, which was previously limited to 60...