Category: Business

Business news from Pakistan

PC’s briefing sought on managing DISCOs on Public Private Partnership basis

ISLAMABAD, Sep 13 (APP): The Cabinet Committee on Privatization (CCOP) here on Tuesday directed Privatisation Commission (PC) to give a detailed presentation on Public Private Partnership in management of power distribution companies (DISCOs) Federal Minister for Finance and Revenue, Miftah Ismail chaired the meeting of the committee, according to press statement issued by finance ministry.… Continue reading PC’s briefing sought on managing DISCOs on Public Private Partnership basis

PSX turns around, gains 139 points

ISLAMABAD, Sep 13 (APP): The 100-index of the Pakistan Stock Exchange (PSX) turned around to witness bullish trend on Tuesday, gaining 139.05 points, a positive change of 0.33 percent, closing at 42,001.34 against 41,862.29 points on the last working day. A total of 118,511,503 shares were traded during the day compared to 161,425,081 shares the… Continue reading PSX turns around, gains 139 points

Workers’ remittances up by 7.9% to $2.7 bn in August

ISLAMABAD, Sep 13 (APP):The overseas workers’ remittances recorded an inflow of US$2.7 billion during August 2022, posting an increase of 7.9% when compared to the previous month’s inflow of $2.53 billion. On year-on-year basis, the remittances also witnessed an increase of 1.5% when compared to the inflow of $2.68 billion recorded in August 2021. On… Continue reading Workers’ remittances up by 7.9% to $2.7 bn in August

CPEC: 27 projects of $19 bn completed, 63 projects of $35.2 bn to be completed by 2030

ISLAMABAD, Sep 12 (APP):Some 27 projects worth of $19 billion have so far been completed under the China Pakistan Economic Corridor (CPEC) while 63 more projects with the investment of $35.2 billion are scheduled to be completed by 2030. According to a report titled “Overview of Pakistan’s Power Sector and its Future Outlook” issued by… Continue reading CPEC: 27 projects of $19 bn completed, 63 projects of $35.2 bn to be completed by 2030

PSX announces ‘Top 25 Companies Awards’ 2021

ISLAMABAD, Sep 12 (APP):The Pakistan Stock Exchange on Monday announced the much-awaited list of companies selected for the ‘Top 25 Companies Awards’ for the year 2021. The PSX Top 25 Companies Awards, initiated in the year 1978, is being presented to the outstanding companies listed on the Stock Exchange, said a PSX press statement received… Continue reading PSX announces ‘Top 25 Companies Awards’ 2021

Miftah assures APTMA of full support to meet exports target

Miftah Ismail resigns; Dar to replace him

LAHORE, Sep 10 (APP):Federal Finance and Revenue Minister Miftah Ismail Saturday assured the All Pakistan Textile Mills Association (APTMA) of the government’s full support in meeting the exports target for the current fiscal year.He was speaking to the APTMA members during his visit to the APTMA House here. Federal Minister for Railways Khawaja Saad Rafique,… Continue reading Miftah assures APTMA of full support to meet exports target

Published
Categorized as Business Tagged

No aid needed with 15pc exports/tax to GDP ratio: Miftah

APP40-100922 LAHORE: September 10 - Federal Minister for Finance and Revenue Miftah Ismail addressing a press conference at Lahore Chamber of Commerce (LCC). APP Photo by Amir Khan

LAHORE, Sep 10 (APP):Federal Minister for Finance and Revenue Miftah Ismail said on Saturday that if Pakistan boosts its rate of tax-to-GDP and exports-to-GDP up to 15 per cent, the government would not need to ask for aid from the world. Talking to business community here at Lahore Chamber of Commerce and Industry (LCCI), he… Continue reading No aid needed with 15pc exports/tax to GDP ratio: Miftah

Published
Categorized as Business

AIIB appreciates govt’s economic policies

Federal Minister for Finance and Revenue, Miftah Ismail in a group photo with delegation of Aisa Infrastructure Investment Bank (AIIB) led by Ms. Supee Teravaninthom, DG (Investment)

ISLAMABAD, Sep 9 (APP):The Asia Infrastructure and Investment Bank (AIIB) Friday appreciated the economic policies and reforms of the present government for social uplift of the masses. Director General Investment, AIIB, Ms. Supee Teravaninthom during a meeting with Federal Minister for Finance and Revenue, Miftah Ismail highlighted the role of the bank in infrastructure development… Continue reading AIIB appreciates govt’s economic policies

Serving the nation since 1947 by providing an accurate, objective, uninterrupted flow of news to the people, the national news service is pursuing a comprehensive strategy to transform the existing news operations into a forward-looking service – APP Digital for its diverse subscriber-base and the public.

Follow Us

APP Services