ISPR releases Shad Rahe Pakistan national song amid 23rd March celebrations
The Inter Services Public Relations (ISPR) on Thursday released the national song Shad Rahe Pakistan (May Pakistan remain happy) as part of the Pakistan Day celebrations. Shad Rahe Pakistan is a unique song composed in connection with 23rd March which is a prayer in the name of this sacred land which is becoming the voice…
Adil Aziz
SBP facilitates Microfinance Banks to lend for low-cost housing and micro and small enterprises
Building on the measures taken in recent years to encourage financing to priority areas, State Bank of Pakistan (SBP) has revised Prudential Regulations for Microfinance Banks (MFBs) with the goal of promoting access to finance for low cost housing and micro enterprises. The revised regulations are expected to bring down the cost of serving to…
Shell Pakistan Announces Financial Results For 2021
The Board of Directors of Shell Pakistan Limited (SPL) announced financial results for the year ended December 31st, 2021. The company posted a profit after tax of PKR 4,466 million for 2021 compared to the loss of PKR 4,821 million in 2020. 2021 saw significant recovery with a profit after tax in comparison to a…
Pakistan earns $1486 million from IT services’ export in 7 months
Pakistan earned US $1,486.890 million by providing different Information Technology (IT) services in various countries during the first seven months of financial year 2021-22. This shows growth of 32.63 percent as compared to US $1,121.105 million earned through provision of services during the corresponding period of fiscal year 2020-21, Pakistan Bureau of Statistics (PBS) reported….
Textile exports increase by 26.08% to $12.607 bln in 8 months
The exports of textile commodities increased by 26.08 percent during the first eight months of the current fiscal year (2021-22) as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported on Tuesday. The textile exports were recorded at $12,607.824 million in July-February (2021-22) against the exports of $9,999.923 million in…
Exports increase by 32.77% to Rs3.520 trillion in 8 months
Exports during July-February (2021-22) were recorded at Rs3,520,242 million as against the exports of Rs2,651,319 million during July- February 2020-21: PBS The exports from the country in rupee term witnessed an increase of 32.77 per cent during the first eight months of the current fiscal year as compared to the corresponding period of last year,…
SBP Enables Microfinance Account-holders to Invest in Government Securities
To provide greater opportunities for public to invest in government securities and in line with the objective of diversifying funding for this exclusive avenue, State Bank of Pakistan (SBP) has taken the following measures: Microfinance Banks (MFBs) have been permitted to offer Investor Portfolio of Securities (IPS) Accounts to their customers. Microfinance Bank (MFB) account…
PTCL Group concludes Month-long campaign on Gender Equality
Pakistan Telecommunication Company Limited (PTCL) & Ufone celebrated International Women’s Day through a comprehensive month-long campaign to promote gender equality at workplace under the theme #BreakingTheBias. The campaign has been in line with the PTCL Group’s long-term commitment to women empowerment and participation across all fields. To reinforce the message, PTCL Group has been running…
US Consul General Inaugurates IHOP Lahore!
Riding the wave of its popularity in Karachi, Lahoris opened their arms (and stomachs) for the arrival of the International House of Pancakes (IHOP). IHOP-branded buses rolled through Lahore’s busy streets while banners dotting the skies called out to the city’s enthusiastic foodies. Gerry’s Group was pleased to welcome members of the U.S. Mission in…
Sania Maskatiya launches a brand new range of Modest Wear
Karachi: Multi-award winning fashion house Sania Maskatiya introduces a brand new range of Modest Wear. Launched under the fashion houses’ realm of diverse and inclusive fashion lines, Sania Maskatiya’s Modest features a chic capsule comprising of classic silhouettes, namely the kaftan and abayas, elegantly embellished and cut from pure fabrics. Perfect for special occasions, this…