Pakistan achieves record breaking exports target in 2nd quarter of FY-2024
The Ministry of Commerce urges all stakeholders to build on this momentum, emphasizing the need for collective efforts to sustain and enhance this positive trajectory.
Adil Aziz
FPCCI seeks industry status for packaging sector
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman and Vice President Zaki Aijaz demanded the government grant industry status to the packaging sector.
Zaidi grills Shipping Cos, vows to go tough against exorbitantly high, unlawful charges
Chairman Karachi Port Trust (KPT) Syed Syedain Raza Zaidi, after listening to the grievances being faced by business community due to exorbitantly high and totally unjust charges, grilled Shipping Companies for terribly looting traders by overcharging under various headers without any justification.
Khushhali Microfinance Bank celebrates highest recovery mark
Khushhali microfinance bank has set new benchmarks, achieving a milestone of over PKR 01 Billion in recoveries from the charge-off portfolio through its newly established recovery unit and call centre. The microfinance bank also surpassed its deposit target, achieving PKR 101 Billion in deposits.
Petroleum products prices to drops by of Rs. 8
The government announced a reduction of Rs 8 in the price of petrol, now the price of petrol was fixed at Rs 259.34. Before, the price of petrol was Rs 267.34, which the government has reduced the price by Rs 8, which will be effective from January 16, 2024, statement issued by Ministry of Finance.
FPCCI and KATI dialogue energy, land prices and policy rate top the agenda
Federation of Pakistan Chambers of Commerce & Industry (FPCCI) – the apex body – and the Korangi Association of Trade & Industry (KATI) have joined hands to make Karachi a business & industry-friendly city again through raising a collective, articulate voice; collaboration in research & development and approaching policy-making forums under the one, unified umbrella of FPCCI.
Car sales drop by 55% in first six months
The sale of cars during the first six months of the current financial year 2023-24 has dropped by 55.50 per cent as compared to the same months of last year, data released by Pakistan Automobile Manufacturing Association.
Zong 4G, ASA Pakistan signs agreement for communication & data connectivity
The Zong 4G, Pakistan’s leading digital communication company, has signed a corporate partnership agreement with ASA Pakistan Limited, a leading Microfinance Bank, to provide data and voice services for their customers.
PSW introduces Russian language ‘helpline’ to facilitate Central Asian trade
In a strategic move towards advancing international trade facilitation, Pakistan Single Window (PSW) has launched its dedicated Russian language ‘helpline’ to benefit international transit trade with Central Asia.
Pakistan’s first Special Credit Guarantee company launches by joint venture of Finance Ministry and Karandaanz
Ministry of Finance and Karandaaz launched Pakistan’s first special credit guarantee company namely the National Credit Guarantee Company Limited (NCGCL), with an objective to provide financial assistance to small and medium-sized enterprises (SMEs) in the country.