Category: Business

Business news from Pakistan

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

Committee constituted to address Chinese IPPs’ concerns

Federal Minister for Finance and Revenue, Miftah Ismail presiding over a meeting on the issue of payments to Chinese IPPs.

ISLAMABAD, Sep 9 (APP):Federal Minister for Finance and Revenue, Miftah Ismail here on Friday formed a committee to hold meetings with Chinese Independent Power Producers (IPPS) on regular basis to address and resolve their concerns.       The committee would comprise representatives from Finance, Power Divisions and China Pakistan Economic Corridor (CPEC), according to press statement… Continue reading Committee constituted to address Chinese IPPs’ concerns

ZTBL contributes 10 percent of its net income to flood victims

ISLAMABAD, Sep 9 (APP): The Zarai Taraqiati Bank Limited (ZTBL) on Friday contributed 10 percent of its net profit for the rehabilitation of flood victims as the bank registered Rs 514 million after tax profit. President ZTBL Muhammad Shahbaz Jameel handed over the cheque to Finance Minister Miftah Ismail and further assured extending all possible… Continue reading ZTBL contributes 10 percent of its net income to flood victims

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