Hutchison Ports Announces Massive US$1 Billion Investment for Pakistani Ports
A high-level delegation from Hutchison Ports, led by Andy Tsoi, Managing Director for the Middle East & Africa Division, met with Federal Minister for Maritime Affairs Qaiser Ahmed Shaikh and secretary Syed Zafar Ali Shah to share a proposed US$1 billion investment plan.
Pak-Europe Maritime Service launched in Karachi
The new service INX from Pakistan to Europe will ensure service will help timely and efficient delivery of Pakistani goods to the destined European ports and beyond.
PTCL Group and PPAF Celebrate Empowerment and Success Through Ba-Ikhtiar Project
The initiative is fostering financial independence and paving the way for sustainable growth of women entrepreneurs through building successful e-commerce stores.
UBG Calls for Urgent Measures to Revitalize Construction Sector
The Southern Zone of United Business Group (UBG) Vice Chairman (VC) Syed Mazhar Ali Nasir has called on the government to implement immediate measures to revitalize the construction and housing sector.
UAE Consul General Seeks to Boost Trade with Pakistan
Consul General, Hussain Muhammad held a meeting with the new Board of Pakistan Business Council (PBC) Dubai at the Consulate General of Pakistan.
Mastercard and foodpanda Partner to Drive Pakistan’s Digital Economy Growth
Mastercard has once again collaborated with foodpanda to boost digital payment in Pakistan and support the nation’s transition toward a cashless economy.
CM Maryam’s New Business Finance Scheme Set to Transform Punjab
Punjab Chief Minister Maryam Nawaz has unveiled the province’s largest-ever business finance initiative. The CM announced an allocation of over Rs.84 billion for the Punjab Easy Business Finance Scheme and more than Rs.48 billion for the Punjab Easy Business Card Scheme. A substantial portion of these funds, exceeding Rs.36 billion, will be used to offer interest-free loans to eligible individuals. These loans, amounting to up to Rs.1 million each, are expected to benefit over 30 million people in Punjab.
Textile Products Export Growth 9% in the Last Half-Year
Textile exports saw a notable 9.67% increase during the first half of the 2024-25 financial year, compared to the same period last year, according to the Pakistan Bureau of Statistics (PBS).
Trump to Impose 25% Tariffs on Mexico and Canada by February 1
President Donald Trump announced his intention to implement previously threatened tariffs of up to 25% on Mexico and Canada by February 1. He reiterated his stance that America’s two closest neighbors are permitting the influx of undocumented migrants and drugs into the country.
CCP Approves 95.59% Acquisition of Alfalah Securities by Optimus Capital
The Competition Commission of Pakistan (CCP) has approved the acquisition of a 95.59 percent shareholding in Alfalah Securities (Private) Limited (ASPL) by Optimus Capital Management (Private) Limited (OCMPL) under a Share Purchase Agreement, following a comprehensive competition assessment.