Business

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Services’ exports increase by 18.82 percent in 7 months

Services’ exports increase by 18.82 percent in 7 months

The exports of services during July-January (2021-22) were recorded at $3944.91 million against the exports of $3320.17 million during July-January (2020-21), showing growth of 18.82 percent., Pakistan Bureau of Statistics (PBS) reported The exports of services from the country witnessed an increase of 18.82 percent during the first seven months of the current financial year…

Bank Alfalah And BSecure Collaborate To Provide Digital Payments Infrastructure To Online Businesses In Pakistan

Bank Alfalah And BSecure Collaborate To Provide Digital Payments Infrastructure To Online Businesses In Pakistan

Bank Alfalah, one of the largest private banks in Pakistan and one of the pioneers in the digital banking realm has partnered with bSecure, a 1-Click Checkout Solution. The two innovative organizations have collaborated to facilitate digital payments for e-commerce businesses. bSecure enables organizations to sell products globally through an integration with Alfa Payment Gateway….

MMBL honored with the ‘D&I Leader’ Award for the Second Time in a Row

MMBL honored with the ‘D&I Leader’ Award for the Second Time in a Row

Pakistan’s largest digital Bank, Mobilink Microfinance Bank Limited (MMBL) has once again clinched the Corporate Social Responsibility Award in the category of “Diversity & Inclusion (D&I) Leader” for advancing D&I through its flagship women empowerment and disability inclusion initiatives, Women Inspirational Network (WIN) and Humqadam program. The 11th Annual International Corporate Social Responsibility Summit &…

Fatima Fertilizer celebrates exceptionally inspiring Pakistani female farmers at the Expo 2020 Dubai

Fatima Fertilizer celebrates exceptionally inspiring Pakistani female farmers at the Expo 2020 Dubai

Being a market leader within Pakistan’s agriculture industry, Fatima Fertilizer has always strived to be at the forefront of supporting Pakistani farmers, especially the female farmers. Historically, the company has organized innumerable public campaigns and events recognizing the exceptional bravery and resilience of Pakistani farmers and their important role towards protecting national food security. A…

Pakistan’s Fatima Group inks $1 billion deals with global agriculture giants at Expo 2020 Dubai

Pakistan’s Fatima Group inks $1 billion deals with global agriculture giants at Expo 2020 Dubai

Fatima Group, one of the fastest-growing industrial conglomerates in Pakistan, has signed two MoUs of over USD1 billion with two key global agriculture stakeholders – China Machinery Engineering Company (CMEC) from China and Sarh Attaqnia Co. (SAC) from the Kingdom of Saudi Arabia. A formal signing of the business partnership was held at the Pakistan…

The United States and Pakistan modernize import and export procedures for Pharmaceuticals

The United States and Pakistan modernize import and export procedures for Pharmaceuticals

The Drug Regulatory Authority of Pakistan (DRAP), in partnership with the U.S. government, launched an innovative online platform to digitize pharmaceutical imports and exports that will increase efficiency, transparency, and accountability.  The system will improve the business environment for the pharmaceutical industry, and support Pakistan’s efforts to attract investment in the sector. The new digital…

Banking Mohtasib provided relief worth Rs 709 million in fraud cases, President told

Banking Mohtasib provided relief worth Rs 709 million in fraud cases, President told

The Banking Mohtasib of Pakistan (BMP) has provided relief worth Rs 709 million to account holders in over 37,000 cases related to banking frauds during last year, President Dr Arif Alvi was informed on Thursday. Banking Mohtasib Muhammad Kamran Shehzad, who called on President Alvi to present the BMP Annual Report 2021, also briefed him…

Pakistan Consumer Confidence Index (CCI) Q4 2021 report issued by Dun & Bradstreet and Gallup Pakistan

Pakistan Consumer Confidence Index (CCI) Q4 2021 report issued by Dun & Bradstreet and Gallup Pakistan

The Consumer Confidence Index increased to 77.0 points in Q4 2021, compared to 70.8 points in Q3 2021, translating into 8.8% q-o-q increase Dun & Bradstreet Pakistan and Gallup Pakistan have issued their report on ‘Pakistan Consumer Confidence Index (CCI)’ for Q4 2021. The Consumer Confidence Index increased to 77.0 points in Q4 2021, compared…

PSX turns around, gains 120 points to close at 45,132 points

PSX turns around, gains 120 points to close at 45,132 points

As many as 348 companies transacted shares in the stock market,178 of them recorded gain and 153 sustained losses, whereas the share price of 17 companies remained unchanged The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Wednesday and witnessed bullish trend, gaining 120.74 points, with a positive change of 0.27 percent,…

KCCI, CEC Ink Memorandum of Cooperation

KCCI, CEC Ink Memorandum of Cooperation

The Karachi Chamber of Commerce and Industry (KCCI) has signed a Memorandum of Cooperation with UK-based Commonwealth Entrepreneurs Club (CEC) to promote SMEs and enhance their role in the economic development. The Memorandum was inked by Chairman and Co-Founder of CEC Mobin Rafiq and President KCCI Muhammad Idrees during a meeting held at KCCI which…