PSMA ask government to allow him to export Surplus Sugar
Pakistan Sugar Mills Association (PSMA) Sindh chapter on Thursday said the dollar-strapped Pakistan can fetch up to $1 billion by exporting the minimum 1.3 million tonnes of surplus sugar, currently stocked in local go-downs, this year till November 30. Addressing a Press Conference at FPCCI Head Office, the PSMA Sindh chapter Chairman Zaid Zakarya urged…
Adil Aziz
Exhibition being held to enhance mutual trade between Iran and Pakistan
A three-day long exhibition to enhance cooperation for mutual trade and investment between Iran and Pakistan being held here in Islamabad will conclude tomorrow. ‘Pakistan-Iran Trade Exhibition’, organized under the auspices of the Embassy of Iran in Islamabad with the support of Iran National Innovation Fund and Ministry of Labor and Social Welfare Iran, began…
President stresses upon innovation in agri, industrial sectors for fast-paced development
President Dr Arif Alvi on Thursday said that Pakistan had immense potential to emerge as an economically strong country by adopting critical IT-based innovative technologies to substantially increase agriculture yields. He also stressed upon investing in research and development (R&D) to indigenously invent new products, adding value to its industrial production, and bringing youth bulge,…
Meezan Bank, Samba Bank collaborate with Pakistan Embassy Bahrain to celebrate RDA success
Meezan Bank and Samba Bank in collaboration with the Embassy of Pakistan in Bahrain hosted a reception at the Gulf Hotel, Manama-Bahrain by inviting prominent Non-Resident Pakistanis and customers to celebrate the success of Roshan Digital Account (RDA) in Pakistan. State Bank of Pakistan, with the goal of achieving digitization is working towards providing technology-enabled…
Logistics giant BlueEX partners with ABHI to offer the facility of Earned Wage Access to all their employees across Pakistan
BlueEX joins hands with ABHI, Pakistan’s first financial wellness platform, to offer its employees the facility of Earned Wage Access, giving them the freedom to access their salaries whenever they want, saving them from financial distress. On a mission to financially empower salaried individuals, ABHI is changing the landscape of the payroll in Pakistan and…
China offered to set up industry at Dhabeji SEZ for export purpose
Federal Minister for Industries and Production, Syed Murtaza Mahmud here on Thursday offered China to set up its industry in 1,500-acre Dhabeji Special Economic Zone in Sindh, manufacture products there and export to the world. The minister was talking to Chinese Ambassador to Pakistan Nong Rong who called him, according to a press statement issued…
Current Account Deficit shrinks to $1.2 billion in July
The current account deficit shrank to $1.2bn in July from $2.2bn in June, largely reflecting a sharp decline in energy imports & a continued moderation in other imports, a data released by State Bank of Pakistan (SBP) said on Wednesday. “The narrower deficit is the result of wide-ranging measures taken in recent months to moderate…
Pakistani freelancers attract export remittances of nearly $400 million in FY22
Pakistani freelancers attracted export remittances of nearly $400 million in the closing financial year 2021-2022 by providing various services online to foreign clients in different countries. According to the official data released by the Ministry of IT and Telecommunication (MoITT), the remittances inflows in the closing financial year stood at $397.328 million as compared to…
MMBL reaffirms its commitment to promoting financial inclusion & digitalization efforts at the Leaders in Islamabad Business Summit 2022
Pakistan’s largest Digital Bank, Mobilink Microfinance Bank’s (MMBL) efforts to promote digital and financial inclusion across Pakistan, were recognized at the recent 5th edition of the Leaders in Islamabad Business Summit (LIIBS) 2022, organized by Nutshell Conferences. More than 1,000 delegates were in attendance, including senior dignitaries from local and international private organizations, the public…
PSX turns around, gains 540 points
The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Tuesday, gaining 540.11points, a positive change of 1.26 percent, closing at 43,366.77 points against 42,826.66 points on the last working day. A total of 324,443,387 shares were traded during the day compared to the trade of 194,667,559 shares the previous day, whereas the…