National Saving sets target of Rs.960 Billion for the next half yearly
The Central Directorate of National Savings (CDNS) has achieved a target of Rs 960 billion in fresh bonds in the current fiscal year, from July 1 to January 9th 2023-24.
Mehfooz
FPCCI invites Chinese investors for investment, JVs in local businesses
The Federation Pakistan Chamber of Commerce and Industry has invited Chinese investors from different sectors of the economy for investment and Joint Ventures in local businesses.
Retailers seek tax relief amidst recent policy changes
Lahore Chamber of Commerce and Industry (LCCI) President Kashif Anwar has urged the Federal Board of Revenue for S.R.O 1842(1) 2023 Amendment, saying that retailers seek tax relief amidst recent policy changes.
Maersk back again resumes containerships transit through Red Sea
Denmark’s shipping giant Maersk said that it has rerouted four out of five container vessels that were stuck in the Red Sea back towards the Suez Canal and the long journey around Africa to avoid the risk of attack.
Microsoft introduces AI button in keyboard
Microsoft is adding a button to the Windows keyboard to activate its AI Copilot service, with the first devices to sport the new key available this month.
CDNS secure Rs.50 Billion investment in Islamic finance bonds
The Central Directorate of National Savings has secured Rs 50 billion in Islamic finance bonds at the end of the second quarter of the current fiscal year 2023–24.
US become the world’s biggest exporter of LNG: Bloomberg
The United States has become the world’s biggest exporter of liquefied natural gas (LNG) for the first time, with 2023 shipments overtaking leading suppliers Australia and Qatar.
Pakistan goods export to China increase by 39.44%
Pakistan’s export of goods and services to China witnessed an increase of 39.44 per cent during the first five months of the current fiscal year 2023-24, according to the State Bank of Pakistan reported.
Mobilink Bank’s loan disbursement to MSMEs to increase by 41%
Mobilink Bank stood out for its commitment to empowering Micro, Small, and Medium Enterprises (MSMEs), constituting a significant 36% of its total loan portfolio and a noteworthy MSME Growth (YoY) of 41% in 2023. The Bank strongly advocates for social mobility, especially in empowering MSMEs and women across remote rural regions, offering tailored financial products and services.
Pakistan’s IT services export to increase by $892.972 million
Pakistan earned US $892.972 million by providing different Information Technology (IT) services to various countries during the first four months of the current fiscal year 2023-24.