Category: Business

Business news from Pakistan

Domestic wheat production grew by 5.4%, 29.69 mln tons output estimated during current season

ISLAMABAD, Apr 25 (APP):The Federal Committee on Agriculture (FCA) was informed on Thursday that wheat production in the country during the current season (2023–24) grew by 5.4 percent as compared to the output of the corresponding period of the last year. The FCA met here with Minister for National Food Security and Research Rana Tanveer… Continue reading Domestic wheat production grew by 5.4%, 29.69 mln tons output estimated during current season

Shipping activity at Port Qasim

KARACHI, Apr 25 (APP):Shipping activity was report at the port where nine ships namely, San Francisco, Atlantic Ibis, Marathapolis, MSC Sindy, Sea Pearl, Aisa Liberty, Hansa Oslo, Bateleur and Limra carrying Container, Fertilizer, Palm oil, Gas oil and LPG, berthed at Container Terminal, Grain Terminal, Liquid Terminal, Oil Terminal, Engro Terminal and Gas Terminal respectively… Continue reading Shipping activity at Port Qasim

ADB operations reach $23.6 bln in 2023, achieve record climate finance

ISLAMABAD, Apr 25 (APP):The Asian Development Bank (ADB) committed $23.6 billion from its own resources in 2023, including $9.8 billion for climate action, to help Asia and the Pacific progress on sustainable development. These figures are among the financial and operational results published on Thursday in ADB’s Annual Report 2023. The report summarizes how ADB… Continue reading ADB operations reach $23.6 bln in 2023, achieve record climate finance

IDEA, TEVTA organizes Job Fair for youth

PESHAWAR, Apr 24 (APP): Initiative for Development and Empowerment Axis (IDEA) in collaboration with Khyber Pakhtunkhwa Technical Education and Vocational Training Authority (TEVTA) organized a Job Fair here at Government Technical & Vocational Centre for Boys Gulbahar on Wednesday. About 30 companies of various sectors of the country including Pepsi, KPBoIT, Durshal, Toyota, Honda, Fixit,… Continue reading IDEA, TEVTA organizes Job Fair for youth

Jam Kamal leads efforts to enhance IT Capacity for trade monitoring

ISLAMABAD, Apr 24 (APP): Federal Minister for Commerce, Jam Kamal Khan on Wednesday chaired a meeting to assess the effectiveness and sufficiency of the Information Technology (IT) infrastructure of the Ministry of Commerce (MOC). The meeting was deliberated the current IT capabilities of the ministry, particularly in monitoring trade activities, international imports and exports, remittances,… Continue reading Jam Kamal leads efforts to enhance IT Capacity for trade monitoring

SECP pushes adoption of IFRS 17 by Insurance sector

ISLAMABAD, Apr 24 (APP): The Institute of Chartered Accountants of Pakistan (ICAP) held a seminar in collaboration with the Asian Oceanian Standard Setters Group, on IFRS 17 implementation in Karachi on April 23, 2024. Commissioner of Insurance, Aamir Khan while delivering the keynote address apprised the participants that the adoption of international reporting standards and… Continue reading SECP pushes adoption of IFRS 17 by Insurance sector

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