Exports increase by 21.22% to Rs.6.862 trillion in FY 2023
Exports from the country in the rupee term witnessed an increase of 21.22 percent during the fiscal year 2022-23 as compared to the previous year (2021-22). Exports from July 2022 to June 2023 were recorded at Rs. 6,862,294 million as against Rs. 5,661,128 million during the corresponding period of last year, showing an increase of…
PTCL Group collaborates with GSMA to address Digital Gender Disparity
Pakistan’s leading ICT services provider, PTCL Group (comprising PTCL & Ufone 4G), joined forces with the Global System for Mobile Communications (GSMA) to co-host a momentous knowledge-sharing workshop titled “Connected Women Strategy Workshop.” The primary objective of this workshop was to tackle the gender gap in mobile usage in Pakistan, leveraging insights from the authoritative…
Khanewal-like modern farms to benefit small farmers, spread scope of GPI across Pakistan: COAS
Pak Army’s assistance towards revolutionizing the agriculture sector Chief of Army Staff (COAS) General Syed Asim Munir said the government of Pakistan in collaboration with the Army would create modern farms like Khanewal model farm that would benefit the small farmers and spread the scope of Green Pakistan Initiative (GPI) across the country. On the…
Unity Foods carries out beach cleaning activity under the Plastic Free July global initiative
Unity Foods Limited, a leading agro-products company, organized a beach cleaning activity at the Seaview Beach, Karachi, under the Plastic Free July global initiative, first launched in July 2011 by the Plastic Free Foundation. Millions of people across the world take part every year in this initiative and Unity Foods participation has put Pakistan too…
Modern technology, alternative energy inevitable to achieve exports competitiveness: PM
PM soft launching of Ombre Special Economic Zone, Sundar Green Special Economic Zone and Smart Special Economic Zone Prime Minister Shehbaz Sharif said that the utilization of modern technology and alternative energy by the industrial sector were inevitable to make exports competitive in the international market. The prime minister, addressing the soft launching of Ombre…
Pakistan to host 3rd D-8 Ministerial Meeting on Tourism Cooperation
Pakistan’s tourism potential and exploring tourism trade opportunities Pakistan will host the 4th D-8 Senior Officials Meeting and 3rd D-8 Ministerial Meeting on Tourism Cooperation for the first time in country on August 4-5, 2023 at Bhurbhan, Murree. The meeting, being organized by Pakistan Tourism Development Corporation (PTDC), will be followed by the technical visit to the…
MG Pakistan to introduces new variants
MG Pakistan, a prominent player in the country’s automotive industry aims to introduce two new variants of its popular models, the MG HS Excite and 2.0 AWD, in a bid to further strengthen its market presence and cater to evolving consumer preferences. As part of their expansion strategy, MG Pakistan is also turning its focus…
CCoIGCT approves G2G agreement between UAE and Pakistan
The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) approved G2G draft framework agreement between United Arab Emirates (UAE) and Pakistan for the ratification of the Federal Cabinet. The meeting was chaired by Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired. The agreement will be signed between the governments of the UAE and…
PM calls for political stability for attracting foreign investment
Prime Minister Shehbaz Sharif Sunday called for political stability to attract foreign investment and pull the country out of the present economic difficulties. Speaking to the office bearers of Faisalabad Chamber of Commerce and Industry and prominent businessmen, he urged that politics should be put aside in the matters of economy and all stakeholders including…
Realtors demand urgent withdrawal of high taxes on real estate sector
The construction and real estate sector is the backbone of the economy as it facilitates the growth of over 70 allied industries, generates economic activities, attracts investment and creates plenty of new jobs. However, the government in the budget 23-24 has imposed high taxes on the real estate sector that would destroy property businesses and…