Category: Business

Business news from Pakistan

Engro corporation becomes lead partner of art-tech themed KBT

ISLAMABAD, Jun 17 (APP): Karachi Biennale Trust (KBT) has announced Engro Corporation as the lead partner for the upcoming third Karachi Biennale (KB22) in October 2022 to celebrate 75 years of Pakistan. Engro and Karachi Biennale will pool their resources, experience and network, to expand their audience reach, particularly amongst the youth that constitutes a… Continue reading Engro corporation becomes lead partner of art-tech themed KBT

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Punjab govt presented people-friendly budget despite odds: Leghari

LAHORE, Jun 17 (APP):Provincial Minister Sardar Awais Ahmad Khan Leghari has said that in the given difficult economic situation in Punjab, the present government presented a people-friendly budget for FY 2022-23 with focus on providing social protection to the common man. Addressing the post budget conference here on Friday, he added that the balanced and… Continue reading Punjab govt presented people-friendly budget despite odds: Leghari

SECP holds first in a series of ‘Design Thinking Workshops for LLP’

ISLAMABAD, Jun 17 (APP):The Security and Exchange Commission of Pakistan (SECP) on Friday held its first in a series of ‘Design Thinking Workshops for Limited Liability Partnerships (LLP)’ to facilitate the end-user in company registration ets. Resolving problems through digitization and by using structured method of gathering public opinion were at the heart of SECP… Continue reading SECP holds first in a series of ‘Design Thinking Workshops for LLP’

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Textile exports surge by 28.26% to $17.6 bln in 11 months

Textile exports

ISLAMABAD, Jun 17 (APP):The exports of textile commodities surged by 28.26 percent during the first eleven months of the current fiscal year (2021-22) as compared to the corresponding period of last year. The textile exports were recorded at $17,623.635 million in July-May (2021-22) against the exports of $13,740.113 million July-May (2020-21), showing growth of 28.26… Continue reading Textile exports surge by 28.26% to $17.6 bln in 11 months

Minister invites D-8 to explore investment opportunities SEZs

ISLAMABAD, Jun 16 (APP):Minister for Board of Investment and Special Initiative, Chaudhry Salik Hussain on Thursday said invited the Developing-8 countries for exploring the investment opportunities in Pakistan Special Economic Zones (SEZs). The Minister interacted with the delegates from the Developing 8 countries and welcomed them to explore the immense investment, especially in Pakistan’s SEZs,… Continue reading Minister invites D-8 to explore investment opportunities SEZs

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Imran targeting state institutions to destabilize country: Ahsan Iqbal

  ISLAMABAD, Jun 16 (APP):Minister for Planning and Development Ahsan Iqbal on Thursday said former prime minister Imran Khan was targeting key state institutions in order to destabilize the country. Addressing a press conference here, he said Imran Khan was deliberately spreading anarchy with a well-planned social media campaign against the national institutions.“We will, however,… Continue reading Imran targeting state institutions to destabilize country: Ahsan Iqbal

LSM grows by 6.7% in 10 months

ISLAMABAD, Jun 16 (APP):The Large Scale Manufacturing Industries (LSMI) production for the old base-year 2005-06, grew by 6.7% during the first 10 months of the current fiscal year (2021-22) as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported Thursday. The LSMI Quantum Index Number (QIM) was recorded at 160.1… Continue reading LSM grows by 6.7% in 10 months

Gov’t raises petrol price by Rs 24 per liter

ISLAMABAD, Jun 16 (APP): Minister for Finance and Revenue Miftah Ismail Wednesday said the government had decided to withdraw subsidies from the petroleum products and raise the prices of petroleum products effective from June 16. Addressing a press conference here along with Minister of State for Petroleum, Musadiq Malik, the finance minister announced that the… Continue reading Gov’t raises petrol price by Rs 24 per liter

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