Stories from Salman Siddiqui
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Start-up looks to reshape retail sector
Aims to improve customer experience through deploying artificial intelligence in stores
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Engro to establish petrochemical plant
Unit will help slash country’s chemical imports, boost exports
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Use of RLNG by K-Electric to cost Rs18 billion
End-consumers will pay some of additional cost; govt will bear the rest
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Pakistani startup raises $320,000 in pre-seed funding
It will provide learning solutions mostly to students unable to find teachers
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SBP unveils Islamic banking plan
Aims to make Islamic banking one-third of overall banking industry by 2025
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State Bank amends wheat procurement rules
Allows banks to extend loans for purchasing imported grain
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Pakistan wins approval for meat export to China
Firm sets up heat treatment facility to remove virus from export consignments
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Rupee becomes world’s best currency
Gains significant ground against dollar in wake of excessive inflow of foreign currency
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Pakistan receives third IMF tranche of nearly $500m
Development comes after Islamabad resumes stalled $6 billion loan programme
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Rupee hits near 2-year high
Stands at Rs153.09 against US dollar after fresh gain of Rs0.95