Category: Business

Business news from Pakistan

FPCCI welcomes direct flights between Pakistan-Azerbaijan

KARACHI, Apr 25 (APP): Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Thursday, welcomed the launch of direct flights between the Pakistan and Azerbaijan anticipating that it will usher into a new era of business, trade, industrial and economic cooperation. President FPCCI Atif Ikram Sheikh, in a meeting with Ambassador of the Republic of… Continue reading FPCCI welcomes direct flights between Pakistan-Azerbaijan

SECP proposes amendments to General Takaful Accounting Regulations, 2019

ISLAMABAD, Apr 25 (APP): Securities and Exchange Commission of Pakistan (SECP) on Thursday proposed amendments to the General Takaful Accounting Regulations, 2019, allowing non-life insurers to present their complete takaful results in their financial statements. The amendments, proposed vide SRO 569(I)/2024, have been placed on the SECP’s website to solicit public opinion and suggestions thereon,… Continue reading SECP proposes amendments to General Takaful Accounting Regulations, 2019

Kazakh envoy stresses quantum jump in bilateral trade

FAISALABAD, Apr 25 (APP): The business community must avail all opportunities to give quantum jump to bilateral trade between Pakistan and Kazakhstan, said Yerzhan Kistafin, ambassador of the Republic of Kazakhstan. Addressing a selected gathering at the Faisalabad Chamber of Commerce & Industry (FCCI), he said that both countries were enjoying cordial relations, but the… Continue reading Kazakh envoy stresses quantum jump in bilateral trade

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

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