US, China, UK remain top destinations for Pakistani exports during Jul-Feb

ISLAMABAD, Mar 25 (APP):The United States (US) remained the top export destination of Pakistani products during the first eight months of the current financial year 2023-24, followed by China and the United Kingdom (UK). Total exports to the US during July-February 2023-24 were recorded at US 3,626.141 million against the exports of US $ 4,046.337… Continue reading US, China, UK remain top destinations for Pakistani exports during Jul-Feb

CDNS accomplish Rs 1200 billion targets in fresh bond

ISLAMABAD, Mar 25 (APP):The Central Directorate of National Savings (CDNS) has attained a target of Rs 1200 billion in fresh bonds in the current fiscal year, from July 1 to March, 21. The CDNS surpassed the annual target and achieved the target of Rs 1.6 trillion in fresh bonds in the current fiscal year, the… Continue reading CDNS accomplish Rs 1200 billion targets in fresh bond

NBP Exchange Rates

KARACHI, Mar 25 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Monday the following exchange rates. URRENCY SYMBOL TT Selling TT Buying U.S DOLLAR USD 278.60 278.10 EURO EUR            301.85  301.31 JAPANESE YEN JPY 1.8424  1.8391 BRITISH POUND GBP 351.25 350.62 SWISS FRANC CHF 310.38 309.83 CANADIAN DOLLAR… Continue reading NBP Exchange Rates

UNHCR Commissioner briefed on carpet sector

LAHORE, Mar 24 (APP):United Nations High Commissioner for Refugees, Regional Bureau for Asia and the Pacific Damla Bayuktaskin along with the delegation visited the office of Pakistan Carpet Manufacturers and Exporters Association (PCMEA) here Sunday. The Association’s Senior Vice Chairman Usman Ashraf, senior central leader Abdul Latif Malik, Riaz Ahmed, Major (R) Akhtar Nazir and… Continue reading UNHCR Commissioner briefed on carpet sector

Bikulon sees vast scope in Pakistan’s pharma, textile sectors

LAHORE, Mar 24 (APP):Head of Regional Development and Investment Attractive Department of National Investment Agency Kyrgyzstan Bikulon Damirbek said the pharmaceutical and textile sectors of Pakistan hold vast scope for bilateral trade with Kyrgyzstan, having a wide array of opportunities for economic cooperation between the two countries. He stated this while talking to a Pak trade delegation led… Continue reading Bikulon sees vast scope in Pakistan’s pharma, textile sectors

Call for using quality seeds, modern farming practices to ensure food security

LAHORE, Mar 24 (APP):Pakistan can harness its agricultural potential to ensure food security, economic prosperity, and sustainable development by promoting horizontal and vertical expansion through the adoption of high-quality seeds and modern farming practices. Pakistan Hitech Hybrid Seed Association (PHHSA) Chairman Shahzad Ali Malik stated this while talking to a delegation of agricultural experts led by Prof Dr… Continue reading Call for using quality seeds, modern farming practices to ensure food security

Kate Somvongsiri spotlights U.S.-Pakistan Partnership, climate resilience in Sindh

KARACHI, Mar 23 (APP):U.S. Agency for International Development’s (USAID) Mission Director for Pakistan, Kate Somvongsiri, engaged with provincial leadership, government counterparts, and development partners to advance USAID’s longstanding commitment to improving lives and achieving shared development goals in Sindh during her visit to the city. Under the U.S.-Pakistan “Green Alliance” framework, USAID continues to collaborate… Continue reading Kate Somvongsiri spotlights U.S.-Pakistan Partnership, climate resilience in Sindh

FPCCI appoints Shahida Parveen as Convener KPK Regional Committee

ISLAMABAD, Mar 23 (APP):The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has appointed Mrs Shahida Parveen as Convener FPCCI’s Women Khyber Pakhtunkhwa Regional Standing Committee on Women Empowerment & Development for the year 2024-2025. The committee would represent Women Chamber Of Commerce & Industry, Peshawar Division, according to press statement received here. Shahida… Continue reading FPCCI appoints Shahida Parveen as Convener KPK Regional Committee

Qatar Fund keen to increase footprint in Pakistan’s power, housing sectors

ISLAMABAD, Mar 23 (APP):Chief Executive Officer, Qatar Fund for Development (QFFD), Khalifa bin Jassem Al-Kuwari here on Saturday showed his interest in increasing the footprint of the fund in Pakistan’s power generation and housing sectors. Both the countries would further enhance bilateral cooperation by initiating technical level discussions, according to press statement issued by Economic… Continue reading Qatar Fund keen to increase footprint in Pakistan’s power, housing sectors

Chairman Telecom Operators Association urges policy reforms to ensure industry viability

ISLAMABAD, Mar 22 (APP):Chief Executive Officer of Jazz and Chairman of the Telecom Operators Association of Pakistan Aamir Ibrahim on Friday held a significant meeting with the Minister of State for IT and Telecommunication, Shaza Fatima Khawaja. During the discussion, Aamir presented a comprehensive overview of the telecom sector’s vital contributions to bolstering Pakistan’s digital… Continue reading Chairman Telecom Operators Association urges policy reforms to ensure industry viability

Pakistan, SFD sign $107 mln hydropower agreements

ISLAMABAD, Mar 22 (APP): Secretary, Economic Affairs Division, Dr. Kazim Niaz and Chief Executive Officer (CEO), Saudi Fund for Development (SFD) here Friday signed loan agreements US$ 66.00 million for Shounter Hydropower Project (48 MW) and US$ 41.00 million Jagran IV Hydropower Project (22 MW). Minister for Economic Affairs, Ahad Khan Cheema witnessed the signing… Continue reading Pakistan, SFD sign $107 mln hydropower agreements

Islamic development bank delegation strengthens partnerships during visit to Pakistan

ISLAMABAD, March 22 (APP):A delegation from the Islamic Development Bank led by Director, IsDB Regional Hub Türkiye Dr. Walid Abdelwahab, is currently on a three-day visit to Pakistan from March 22 to March 24, 2024. The delegation called on Minister for Economic Affairs Ahad Khan Cheema, to discuss strengthening partnerships and promoting development initiatives, said… Continue reading Islamic development bank delegation strengthens partnerships during visit to Pakistan

Finance minister for enhancing Pak-Germany bilateral trade

ISLAMABAD, Mar 22 (APP): Federal Minister for Finance & Revenue, Muhammad Aurangzeb here on Friday underscored the importance of further strengthening bilateral trade between Pakistan and Germany. During a meeting with Ambassador of Germany to Pakistan, Alfred Grannas, who called on him, the minister underscored the significance of bilateral trade between the two nations, recognizing… Continue reading Finance minister for enhancing Pak-Germany bilateral trade

Pakistan, UK vow to strengthen bilateral relations

ISLAMABAD, Mar 22 (APP): Pakistan and United Kingdom (UK) here on Friday expressed mutual commitment to further strengthen bilateral relations and enhance cooperation between both the countries for mutual benefit. British High Commissioner to Pakistan, Ms. Jane Marriott, called on Minister for Finance & Revenue Muhammad Aurangzeb to discuss matters of bilateral significance and strengthening… Continue reading Pakistan, UK vow to strengthen bilateral relations

Ethiopian envoy for further strengthening trade ties with Pakistan

ISLAMABAD, Mar 22 (APP):Ambassador of Ethiopia to Pakistan, Jemal Beker Abdula Friday called for further cementing bilateral trade and investment relations between both the countries. He said that his country considers Pakistan as a strategic and reliable partner and that both the countries are determined to enhance their bilateral relation, especially business and trade ties.… Continue reading Ethiopian envoy for further strengthening trade ties with Pakistan

Pakistan eyes $300 mln by selling Panda Bonds to Chinese investors

ISLAMABAD, Mar 22 (APP):Federal Minister for Finance and Revenue, Muhammad Aurangzeb said here on Friday that he was keen to tap Chinese investors by selling as much as $300 million in Panda bonds for the first time ever this year. In an interview with Bloomberg on Friday, the minister said, selling Yuan-denominated debt would allow… Continue reading Pakistan eyes $300 mln by selling Panda Bonds to Chinese investors

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