Category: Business

Business news from Pakistan

ASEAN a symbol of shared prosperity for world: Ambassador Phong

ISLAMABAD, Aug 28 (APP):Chairman ASEAN Committee Islamabad (ACI) Ambassador Nguyen Tien Phong on Sunday said that ASEAN is a symbol of shared Prosperity economic development for the whole world including Pakistan, which is a catalyst in global economy and trade. The Association of SouthEast Asian Nations (ASEAN) has established excellent economic and trade relations with… Continue reading ASEAN a symbol of shared prosperity for world: Ambassador Phong

Miftah welcomes Turkish investment

ISLAMABAD, Aug 26 (APP): Federal Minister for Finance and Revenue, Miftah Ismail here on Friday welcomed Turkish investments in various fields in Pakistan and assured of full cooperation and facilitation in this regard. The minister was talking to Ambassador of the Republic of Turkiye, Dr. Mehmet Pacaci who called on him here, according to press… Continue reading Miftah welcomes Turkish investment

IMF to release tranche on Monday after board meeting: Miftah

APP07-260822 ISLAMABAD: August 26 – Federal Minister for Finance Miftah Ismail addressing a press conference at PTV HQ. APP photo by Saeed-ul-Mulk

ISLAMABAD, Aug 26 (APP): Minister for Finance and Revenue Miftah Ismail Friday said the International Monetary Fund (IMF) would release the tranche (worth US$1.17 bn) to Pakistan after its board meeting on Monday. Addressing a press conference here, the minister said Pakistan had already fulfilled all the requirements of the IMF and it is very… Continue reading IMF to release tranche on Monday after board meeting: Miftah

Currency rates of NBP

KARACHI, Aug 26 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Friday. CURRENCY SELLING BUYING USD 222.15 217.26GBP 262.62 256.81EUR 221.45 217.00 JPY 1.6252 1.5894SAR 59.21 57.75AED 60.48 59.55

Govt taking measures to keep growth momentum intact: Outlook

ISLAMABAD, AUG 25 (APP): The government is taking all possible measures to counter high inflationary and external sector pressures so that the growth momentum may remain intact, says Monthly Economic Update and Outlook for August 2022. “The economy of Pakistan is going through high inflationary and external sector pressures due to higher commodity prices both… Continue reading Govt taking measures to keep growth momentum intact: Outlook

Exhibition being held to enhance mutual trade between Iran and Pakistan

ISLAMABAD, Aug 25 (APP): A three-day long exhibition to enhance cooperation for mutual trade and investment between Iran and Pakistan being held here in Islamabad will conclude tomorrow. ‘Pakistan-Iran Trade Exhibition’, organized under the auspices of the Embassy of Iran in Islamabad with the support of Iran National Innovation Fund and Ministry of Labor and… Continue reading Exhibition being held to enhance mutual trade between Iran and Pakistan

Meezan Bank, Samba Bank collaborate with Pakistan Embassy Bahrain to celebrate RDA success

ISLAMABAD, Aug 25 (APP):Meezan Bank and Samba Bank in collaboration with the Embassy of Pakistan in Bahrain hosted a reception at the Gulf Hotel, Manama-Bahrain by inviting prominent Non-Resident Pakistanis and customers to celebrate the success of Roshan Digital Account (RDA) in Pakistan. State Bank of Pakistan, with the goal of achieving digitization is working… Continue reading Meezan Bank, Samba Bank collaborate with Pakistan Embassy Bahrain to celebrate RDA success

Govt committed to expedite work on CPEC projects: Ahsan Iqbal

Ahsan asks Opposition not to create hurdles in flood relief activities

ISLAMABAD, Aug 25 (APP):Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Thursday said the incumbent government fully supports the China Pakistan Economic Corridor (CPEC) and it is committed to expedite work on the projects under CPEC. He said when the PML-N government signed $46 billion projects under CPEC back in 2013, no one… Continue reading Govt committed to expedite work on CPEC projects: Ahsan Iqbal

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