Category: Business

Business news from Pakistan

US$3.35 bln foreign-funded water projects under implementation currently

ISLAMABAD, Sep 15 (APP): As many as twenty six (26) foreign-funded projects in Water Sector amounting to US$ 3,354 million are currently under implementation, according to the National Coordination Committee on Foreign Funded Projects (NCC–FFP) Federal Water Sector. According to press statement issued by Economic Affairs Division (EAD), the NCC-FFP forum reviewed progress of the… Continue reading US$3.35 bln foreign-funded water projects under implementation currently

Textile exports increase by 4.18% in two months, 7.7% in August

ISLAMABAD, Sep 15 (APP): The exports of textile commodities increased by 4.18 percent during the first two months of the current fiscal year as compared to the corresponding month of last year. The textile exports were recorded at $3,056.387 million in July-August (FY2022-23) against the exports of $2,933.739 million in July-August (FY2021-22), showing growth of… Continue reading Textile exports increase by 4.18% in two months, 7.7% in August

GSP+ impacts positive in Pakistan with exports to EU rising by 82%

ISLAMABAD, Sep 15 (APP): The outcomes of Pakistan’s GSP+ status conferred by the European Union (EU) has started bearing positive outcomes amid growing exports to the EU by 82% whereas the trade incentive scheme would be revised soon with increase in demand on compliance of international conventions. Head of Rural Development and Economic Cooperation, European… Continue reading GSP+ impacts positive in Pakistan with exports to EU rising by 82%

Pasha for legislation to strengthen women participation in labour force

ISLAMABAD, Sep 14 (APP):State Minister for Finance and Revenue, Aisha Ghaus Pasha here on Wednesday highlighted the importance of developing a legal framework and creating enabling environment to encourage women strengthen their participation in labour force. Speaking at the “Regional Seminar for the Asia Pacific Region Parliaments on Achieving Sustainable Development Goals (SDGs),” the minister… Continue reading Pasha for legislation to strengthen women participation in labour force

Miftah apprises German Ambassador on flood devastation

German Ambassador, Alfred Grannas during a call on meeting with Federal Minister for Finance and Revenue, Miftah Ismail

ISLAMABAD, Sep 14 (APP):Federal Minister for Finance and Revenue, Miftah Ismail here on Wednesday apprised German Ambassador, Alfred Grannas on the devastation caused by the current floods in Pakistan and the losses it inflicted on country’s economy.   According to press statement issued by the finance ministry, the Ambassador of Federal Republic of Germany called… Continue reading Miftah apprises German Ambassador on flood devastation

Currency rates of NBP

KARACHI, Sep 14 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. CURRENCY SELLING BUYINGUSD 234.72 229.58GBP 270.10 264.11EUR 234.44 229.76 JPY 1.6254 1.5897SAR 62.53 61.00AED 63.92 62.91

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