SBP introduces new measures to facilitate IT Exporters and Freelancers
To facilitate the IT exporters to boost the exports of IT and IT enabled services, SBP has increased the permissible retention limit of IT exporters from 35% to 50% of their export proceeds in the Exporters’ Specialized Foreign Currency Accounts (ESFCAs).
Adil Aziz
Nestle Pakistan achieves record growth in Q3 with 24.9% growth
Nestle Pakistan has announced its third-quarter results for 2023, posting a revenue of PKR 151,153 million. This marks a significant 24.9% rise in comparison to the figures from the same period in the previous year.
Mohamed Essa Al Taheri appointed as new President & CEO of UBank
PTCL Group, the largest ICT services provider in Pakistan, is pleased to announce the appointment of Mr. Mohamed Essa Al Taheri as the new acting President and CEO of U Microfinance Bank.
7th BUILD PAKISTAN Mega Exhibition Inaugurated in Lahore
Pakistan’s leading Building and Construction Industry Exhibition – 7th Edition of BUILD PAKISTAN organized by Fakt Exhibitions (Pvt.) Ltd. opened its doors on 20th October 2023 at Expo Centre, Lahore.
PSX Crosses 50,000 index after six years
The three top-trading companies were K-Electric Ltd with 83,163,817 shares at Rs.3.37 per share, Pak Refinery with 37,666,822 shares at Rs.17.47 per share and WorldCall Telecom with 25,884,545 shares at Rs1.28 per share.
Pakistan exports surge by Rs.2 Trillion in Q1
The exports from the country in the rupee term witnessed an increase of 25.54 percent during the first quarter (Q1) of the current fiscal year.
China Oil expressed keen interest to invest in agriculture sector of Pakistan: PM
Caretaker Prime Minister Anwaar-ul-Haq Kakar said that the government was taking measures to uplift the agriculture sector as well as the processing and exports.
Freelancers can receive payments invoicing from Apple Pay via SadaPay
SadaPay, the FinTech that launched a business account (SadaBiz) tailored for freelancers earlier this year, announces that SadaBiz users will now be able to receive payments via Apple Pay.
Fatima Fertilizer’s Salam Kissan initiative acclaimed at the Asian Experience Awards 2023 in Singapore
: ‘Salam Kissan’ is a flagship initiative of Fatima Fertilizer that aims to highlight the indispensable role of Pakistani farmers in protecting the economy and our national food security. The most commendable achievement under this initiative was the proposal to celebrate December 18th as the official “Kissan Day” in Pakistan to pay tribute to the courage and resilience of Pakistani farmers. This proposal was not only applauded but also recognized by the Government of Pakistan and has been celebrated every year since 2019. In recognition of the untiring efforts by the ‘Salam Kissan’ initiative to uplift the social character and motivation of Pakistani farmers, it was recently bestowed with the prestigious “Digital Experience of the Year for Pakistan” award at the 2023 Asian Experience Awards during a special ceremony held in Singapore.
PSX holds Gong ceremony to announce building of In-House manufacturing facility
Pakistan Stock Exchange (PSX) held a gong ceremony to announce the building of an in-house manufacturing facility for the Panadol portfolio by Haleon Pakistan Limited, a world-leading Consumer Healthcare Company and a listed company on the Pakistan Stock Exchange.