Category: Business

Business news from Pakistan

Miftah terms self-reliance, export promotion as pre-requisites for progress

Federal Minister for Finance and Revenue, Miftah Ismail addressing 'Leaders in Islamabad- Business Summit 2022'.

ISLAMABAD, Aug 17 (APP):Federal Minister for Finance and Revenue, Miftah Ismail here on Wednesday highlighted that self-reliance, export promotion, farm productivity enhancement and educating children were four basic principles to lead the country towards growth and development. Addressing the “Leaders in Islamabad Business Summit” here the minister said Pakistan was not at the place where… Continue reading Miftah terms self-reliance, export promotion as pre-requisites for progress

Textile exports up by 0.67% in July

ISLAMABAD, Aug 16 (APP):The exports of textile commodities increased by 0.67 percent during the first month of the current fiscal year as compared to the corresponding month of last year. The textile exports were recorded at $1,481.021 million in July 2022 against the exports of $1,471.185 million in July 2021, showing growth of 0.67 percent,… Continue reading Textile exports up by 0.67% in July

IMF loan disbursement to start by August end: Miftah

ISLAMABAD, AUGUST 16 (APP): Federal Minter for Finance, Miftah Ismail said here on Tuesday that loan disbursements under the Extended Fund Facility (EFF) would start by the end of this month as the International Monetary Fund (IMF) board is expected to meet on August 29. Addressing a press conference, the minister said that Islamabad had… Continue reading IMF loan disbursement to start by August end: Miftah

PSX stays bullish, gains 764 points

ISLAMABAD, AUGUST 15 (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 764.25 points, a positive change of 1.78 percent, closing at 43,621.82 points against 42,857.57 points on the last working day. A total of 541,548,244 shares were traded during the day compared to the trade of 373,855,747… Continue reading PSX stays bullish, gains 764 points

PIDE study advocates growth-oriented focus to ensure sustainability

ISLAMABAD, Aug 15 (APP): Pakistan Institute of Development Economics (PIDE) in its recent research study has highlighted the importance of focusing on growth with special focus on investment, productivity and exports. According to the ‘One Year Growth Strategy for Pakistan’ launched to mark country’s 75th anniversary of independence says that historically the country had been… Continue reading PIDE study advocates growth-oriented focus to ensure sustainability

Weekly inflation goes down by 0.08 percent

ISLAMABAD, Aug 15 (APP): The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on August 11 for the combined consumption group, witnessed a decrease of 0.08 percent as compared to the previous week. The SPI for the week under review in the above mentioned group was recorded at 209.01 points against 209.17… Continue reading Weekly inflation goes down by 0.08 percent

PFC to participate in “China Eurasia expo at Urumqi

ISLAMABAD, Aug 14 (APP):Pakistan Furniture Council ,in collaboration with Chenone,will participate in “ China-EurAsia expo being held at Urumqi China on August 25-30 to showcase Pak products and identify new global markets besides luring foreign investments. Chief Executive Officer PFC Mian Kashif Ashfaq while talking to a delegation of exporters led by Ahmad Waqar Ch… Continue reading PFC to participate in “China Eurasia expo at Urumqi

Sino,Pak agree to enhance business, economic relations

ISLAMABAD, Aug 12 (APP):China and Pakistan on Friday agreed to enhance the business and economic relations for joint ventures, business to business talk for increasing industrial cooperation. On the backdrop of the successful meeting of the Minister, Chaudhry Salik Hussain and Secretary, Asad Rehman Gillani, Board of Investment with Ambassador of China, Mr. Nong Rong,… Continue reading Sino,Pak agree to enhance business, economic relations

CDNS, CDC join hands for the issuance of digital Savings Certificates

ISLAMABAD, Aug 12 (APP): Central Directorate of National Savings (CDNS) and Central Depository Company of Pakistan Limited (CDC) Friday signed a Memorandum of Understanding for mutually collaborating to convert and issue National Savings Certificates (NSCs) in digital form to reduce physical process flows of different transactions and develop a systematic framework through which NSCs can… Continue reading CDNS, CDC join hands for the issuance of digital Savings Certificates

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