Pakistan to Issue Panda Bonds by June, Finance Minister
Federal Minister for Finance and Revenue, Muhammad Aurangzeb, announced that Pakistan will issue Yuan-denominated Panda Bonds as early as June, aiming to further integrate its capital markets with China’s.
Bangladesh and Pakistan Sign MoU to establish joint Business Council at Dhaka Business Forum
Mr. Atif Ikram Sheikh, President of FPCCI, announced that the Pakistani trade delegation, under the leadership of FPCCI, actively participated in the Bangladesh – Pakistan Business Forum held in Dhaka. The event was organized by the Federation of Bangladesh Chambers of Commerce & Industries (FBCCI).
SBP Governor urges enhanced Financial Inclusion with all stakeholders
Governor, State Bank of Pakistan, Jameel Ahmad, reaffirmed the central bank’s dedication to increasing financial inclusion through strengthened collaborations with both global and domestic stakeholders.
NLC and DP World Partner to Modernize Pakistan’s Logistics Infrastructure
National Logistics Corporation (NLC) and DP World have officially announced a strategic partnership to modernize logistics and delivery systems in Pakistan which will help set new standards for improvement in the logistics industry.
Bangladesh Visit by FPCCI Delegation to Boost Bilateral Trade
Convener of the Federation of Pakistan Chamber of Commerce and Industry’s regional committee on Food, Shahid Imran praised the timely decision by FPCCI to send a Pakistani business delegation to Bangladesh, which he believed will enhance the long-awaited trade volume between the two countries.
Workers’ Remittances Surge to $3.1 Billion in December 2024
Workers’ remittances recorded an inflow of US$ 3.1 billion during December 2024. Marking a 29.3% Year-on-Year and 5.6% Month-on-Month Growth.
FBR issues clarification on monitoring of transit, shipment Cargo
The Federal Board of Revenue (FBR) has recently introduced a new process for monitoring transit cargo, replacing satellite tracking with human monitoring. This decision comes after the license of the sole company providing satellite tracking services was revoked due to outdated technology and frequent technical issues.
Million Smiles, JazzCash bring Pakistan’s largest youth leadership BootCamp
Jazz Cash and Million Smiles Private Ltd jointly organized Pakistan’s largest youth leadership boot camp, Eagles Nest, which featured representation from diverse cultures and minority groups across Pakistan, gathered over 125 young delegates from 75 universities and 40 cities.
ADB revises Pakistan’s growth forecast upwards to 3% for FY-2025
The Asian Development Bank (ADB), in its recent publication, has revised upwards Pakistan’s growth forecast to 3.0% during the fiscal year 2024-25, from 2.8% projected in September 2024.
Dubai Islamic Bank partners with Nestlé professional to enhance its customer experience
Dubai Islamic Bank Pakistan Limited has partnered with Nestlé Professional to offer customers a selection of hot beverages at its Wajaha- Priority Banking Lounge. This collaboration lets visitors enjoy a hot drink, NESCAFÉ or traditional NESTEA Cardamom, Karak & Kashmiri chai, creating a more pleasant and relaxing experience. Dubai Islamic Bank currently operates 12 Wajaha-…