Category: Business

Business news from Pakistan

Govt taking measures to keep growth momentum intact: Outlook

ISLAMABAD, AUG 25 (APP): The government is taking all possible measures to counter high inflationary and external sector pressures so that the growth momentum may remain intact, says Monthly Economic Update and Outlook for August 2022. “The economy of Pakistan is going through high inflationary and external sector pressures due to higher commodity prices both… Continue reading Govt taking measures to keep growth momentum intact: Outlook

Exhibition being held to enhance mutual trade between Iran and Pakistan

ISLAMABAD, Aug 25 (APP): A three-day long exhibition to enhance cooperation for mutual trade and investment between Iran and Pakistan being held here in Islamabad will conclude tomorrow. ‘Pakistan-Iran Trade Exhibition’, organized under the auspices of the Embassy of Iran in Islamabad with the support of Iran National Innovation Fund and Ministry of Labor and… Continue reading Exhibition being held to enhance mutual trade between Iran and Pakistan

Meezan Bank, Samba Bank collaborate with Pakistan Embassy Bahrain to celebrate RDA success

ISLAMABAD, Aug 25 (APP):Meezan Bank and Samba Bank in collaboration with the Embassy of Pakistan in Bahrain hosted a reception at the Gulf Hotel, Manama-Bahrain by inviting prominent Non-Resident Pakistanis and customers to celebrate the success of Roshan Digital Account (RDA) in Pakistan. State Bank of Pakistan, with the goal of achieving digitization is working… Continue reading Meezan Bank, Samba Bank collaborate with Pakistan Embassy Bahrain to celebrate RDA success

Govt committed to expedite work on CPEC projects: Ahsan Iqbal

Ahsan asks Opposition not to create hurdles in flood relief activities

ISLAMABAD, Aug 25 (APP):Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Thursday said the incumbent government fully supports the China Pakistan Economic Corridor (CPEC) and it is committed to expedite work on the projects under CPEC. He said when the PML-N government signed $46 billion projects under CPEC back in 2013, no one… Continue reading Govt committed to expedite work on CPEC projects: Ahsan Iqbal

Govt stands with flood-affected people, directs stakeholders to expedite relief activities : Ashan Iqbal

ISLAMABAD, Aug 24 (APP):Federal Minister for Planning Development & Special Initiatives Professor Ahsan Iqbal said that the incumbent government is committed to provide relief assistance to the flood-affected people and directed the relevant stakeholders to expedite the relief assistance to the people particularly to the affected people of Balochistan. The Minister issued these directions while… Continue reading Govt stands with flood-affected people, directs stakeholders to expedite relief activities : Ashan Iqbal

High-level dependence on imports, plummeting export sector causing external imbalance: Experts

KARACHI, Aug 24 (APP):As part of Islamabad Policy Research Institute’s Grand National Dialogue on the state of economy in Pakistan, a roundtable moot was held at the Karachi School of Business and Leadership where the experts opined that the external imbalance was a result of a range of issues owing to high-level of dependence on… Continue reading High-level dependence on imports, plummeting export sector causing external imbalance: Experts

‘Pak-Iran Trade Exhibition’ to enhance cooperation in trade, investment

APP23-240822 ISLAMABAD: August 24 - Senator Mushahid Hussain Syed, Ministry of Corporation and Labour, Social Welfare Mehdi Maskani and others stand in the honor of the national anthem during Pak-Iran Trade Exhibition at Pak China friendship center. APP Photo by Umar Qayyum

‘Pak-Iran Trade Exhibition’ to enhance cooperation in trade, investment

National productivity master plan to promote competitiveness in markets

ISLAMABAD, Aug 24 (APP):Coordinator to Prime Minister on Commerce and Industries, Rana Ihsan Afzal Khan on Wednesday said that “National Productivity Master Plan” is a landmark initiative which may help reorient the requirement of the current era of competitiveness both in the domestic and global markets. National Productivity Master Plan also supports export sectors in… Continue reading National productivity master plan to promote competitiveness in markets

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Current Account Deficit shrinks to $1.2 bn in July

ISLAMABAD, Aug 24 (APP):The current account deficit shrank to $1.2bn in July from $2.2bn in June, largely reflecting a sharp decline in energy imports & a continued moderation in other imports, a data released by State Bank of Pakistan (SBP) said on Wednesday. “The narrower deficit is the result of wide-ranging measures taken in recent… Continue reading Current Account Deficit shrinks to $1.2 bn in July

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