Category: Business

Business news from Pakistan

ADB provides $100mln to strengthen KPK’s health system

ISLAMABAD, Nov 4 (APP):Pakistan and Asian Development Bank (ADB) here on Friday inked a financing agreement worth US$100 million for ‘Khyber Pakhtunkhwa Health Systems Strengthening Program. The financing agreement was signed by Secretary, Ministry of Economic Affairs, Dr. Kazim Niaz and Country Director, Pakistan Resident Mission, Yong Ye A while the program agreement was also… Continue reading ADB provides $100mln to strengthen KPK’s health system

PSX stays bullish, gains 146 points

ISLAMABAD, Nov 3 (APP):The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 146.12 points, a positive change of 0.35 percent, closing at 42,090.71 against 41,944.59 points on the last working day. A total of 325,716,698 shares were traded during the day as compared to 230,561,335 shares the previous day,… Continue reading PSX stays bullish, gains 146 points

Services’ trade deficit shrinks 26.22% as exports grow by 4.63% in Q1

ISLAMABAD, Nov 3 (APP):The services trade deficit shrank by 26.22 percent as exports witnessed growth of 4.63 percent during the first quarter (Q1) of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. According to PBS data, the exports from the country during July-September (2022-23)… Continue reading Services’ trade deficit shrinks 26.22% as exports grow by 4.63% in Q1

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