Search results
Results from the WOW.Com Content Network
Pakistan Services Limited was founded as a state-owned company in 1958. Later, it came under the ownership of Haroon family. [2]The first Pearl-Continental Hotel in Karachi was inaugurated by President Muhammad Ayub Khan on 10 May 1964 and was the first five-star hotel in Pakistan which hosted various prominent figures from across the globe including Queen Elizabeth II, Nelson Mandela, and ...
The high performance supercomputing program started in mid-to-late 1980s in Pakistan. [1] Supercomputing is a recent area of Computer science in which Pakistan has made progress, driven in part by the growth of the information technology age in the country. Developing on the ingenious supercomputer program started in 1980s when the deployment ...
Pakistan. Owner. Government of Pakistan. Number of employees. 9,350 (2020) Website. www.paksteel.com.pk. The Pakistan Steel Mills Corporation, [2][3] colloquially referred to as Pak Steels, is a Pakistani state-owned company that produces long-rolled steel and heavy metal products in the country. [4]
In February 2023, a Moody economist predicted that inflation in Pakistan could average 33% in the first half of the year 2023. [31] China lent Pakistan further 700 million dollars to shore up Forex reserves. [32] Pakistan's Consumer price index (CPI) further jumped to 31.5%, the highest annual rate in 50 years. [33]
Cotton production in Pakistan is integral to the economic development of the country. The nation is largely dependent on the cotton industry and its related textile sector, and the crop has been given a principal status in the country. Cotton is grown as an industrial crop in 15% of the nation's land during the monsoon months of April–May ...
Information technology in Pakistan is a growing industry that has the potential to expand more in the future. Matters relating to the IT industry are overseen by the Ministry of Information Technology of the Government of Pakistan. [1][2][3] The IT industry is regarded as a successful sector of Pakistan economically, even during financial ...
Pakistan Mint. Valuation. Inflation. 11.8% (May 2024) The Pakistani rupee (ISO code: PKR) is the official currency in the Islamic Republic of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan. It was officially adopted by the Government of Pakistan in 1949.
Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [64]