Pakistan exported $145 Million of plastic material
The export of plastic materials from the country witnessed an increase of 33.76 percent during the first five months of the current FY 2023-24.
Adil Aziz
World population reaches 8 Billion by January 1
The world population grew by 75 million people over the past year and on New Year’s Day it will stand at more than 8 billion people, according to figures released by the US Census Bureau.
Caretaker govt to introduces Contract Base Smartphones Policy from January
Caretaker IT and Telecommunication Minister Dr Umar Saif disclosed that his ministry with the coordination of all other stakeholders of telecom companies from January 15, 2024 will launch a ‘Contract based smart phone policy’ in which people travelling to other countries will get latest model phones on easy installments, which will benefit economy.
Pakistan’s foreign reserves touch by $ 12.855 Billion
The total liquid foreign reserves of Pakistan increased to US$ 12,855.7 million while the reserves held by the central bank reached at $ 7,757.1 million in the week ended on December 22, 2023.
Russia finding new markets to exports oil
Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak said almost two years after Moscow was hit by Western sanctions over the Ukraine conflict.
PIA flight operation in four cities disrupt, due to fog
The Pakistan International Airlines (PIA) flights operating from Lahore, Multan, and Sialkot had been affected due to dense fog while some local flights faced cancellation as well.
Foods exports surge by 37.12% to $2.64 Billion
The food exports from Pakistan increased by 37.12 percent during the first five months of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics reported.
Maersk to charge from January to transit disruption surcharge on containers
Denmark’s Maersk will impose extra charges on container transport from Asia following its decision to re-route ships away from the Suez Canal and take the longer journey around Africa.
Fertilizer production in first four months of FY-23 increase by 8.91%
Fertilizer production in the country during the first four months of the current financial year increased by 8.91 percent. During the period from July-October 2023 over 1.17 million metric tons of Nitrogenous fertilizers were locally produced.
EXIM Bank to providing financial services for exporters and importers
Caretaker Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar formally launched the Pakistan’s Export-Import Bank (EXIM), marking a significant stride towards fortifying external trade, attracting investments and propelling broader economic growth in the country.