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Industrialists and business leaders have called for urgent reforms to revitalize the Pakistan Post Office, a once-prominent institution now struggling with severe financial and operational challenges. The Post Office, despite providing essential services such as communication, remittances, and postal deliveries, is on the brink of collapse due to prolonged neglect, mismanagement, and corruption. Muhammad Farooq Shaikhani, President of the Hyderabad …

On Wednesday, Jameel Ahmad, the Governor of Pakistan’s central bank, addressed the National Assembly Standing Committee on Finance, providing a mixed outlook for the country’s economy. Ahmad projected that inflation might surge in the coming months due to recent budgetary measures, rising energy prices, and ongoing geopolitical tensions in the Middle East. Despite these challenges, he assured that the foreign …

BF Biosciences Limited (BFBL), a prominent player in the pharmaceutical sector, is preparing for a significant move by applying for a listing on the main board of the Pakistan Stock Exchange (PSX). The company aims to raise a minimum of Rs1.37 billion through its Initial Public Offering (IPO), offering 25 million shares to institutional, high net worth, and individual investors. …