Fatima Fertilizer celebrates the sixth Kissan Day as a national triumph for Pakistan’s farmers
Fatima Fertilizer marked the sixth Kissan Day with a landmark celebration in Islamabad, uniting policymakers, stakeholders, and farmers to honor the pivotal role of agriculture in Pakistan’s economy. The event reflected on the remarkable success of Kissan Day as a national celebration and its evolution into a meaningful platform advocating for the welfare and recognition of farmers across the country.
EditorSECP Introduces regulatory framework for investment plans to facilitate mutual fund industry
The Securities and Exchange Commission of Pakistan (SECP) has further strengthened the regulatory framework for the mutual fund industry by specifying detailed requirements for “Investment Plans.”
Aiming to increase bilateral trade to US$1 billion, says Uzbek Ambassador
The Ambassador of the Republic of Uzbekistan, Alisher Tukhtaev, highlighting the progress in bilateral trade with Pakistan, stated that the Uzbek Embassy is aiming to increase bilateral trade to US$1 billion in the coming years as per leadership level agreement of both countries.
Pakistan’s liquid foreign reserves reach $16.41 billion: State Bank
The total liquid foreign reserves of Pakistan stood at US$ 16,408.7 million as of December 27, 2024 while the reserves held by the central bank were recorded as $ 11,710.5 million.
Adil Aziz
EcoStar revolutionizing laundry care with the latest One-Touch washing machines
EcoStar, a flagship brand of DWP Group, has introduced its latest innovation in home appliances—the one-touch washing machine with real capacity—designed to deliver unmatched performance with its spacious drum and high-performance motor.
Mehfooz
Investor Confidence: Veon Group injects USD 15 million in Mobilink Bank to fuel growth and tech advancement
Global digital operator VEON Group reaffirms its confidence in the growth potential of Pakistan’s microfinance sector and Mobilink Bank by investing USD 15 million in fresh capital to drive the bank’s strategic ambitions. The capital injection will empower Mobilink Bank to expand its offerings in Micro, Small, and Medium Enterprise (MSME) financing, explore Islamic banking, and accelerate its ongoing transition into a technologically advanced, future-ready digital bank.
Services Exports surge by 7.8% in first five months of FY 2024-25
During the period from July to November 2024, Pakistan’s services sector exported goods worth $3.275 billion, marking an increase compared to the $3.044 billion exported during the same period last year. This data, released by the Pakistan Bureau of Statistics, highlights the growing strength of Pakistan’s services exports.
Ahsan Iqbal Advocates for Medium-Term Framework to Deregulate Sugar Industry
Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal directed developing a medium-term framework for deregulating sugar industry, stressing industries to ensure data uniformity, crop zoning and backward integration.
SECP notifies adoption of IFRS standards for sustainability disclosure
The Securities and Exchange Commission of Pakistan (SECP) has notified the adoption of IFRS Sustainability Disclosure Standards in a phase-wise manner in Pakistan. The IFRS-S1, ‘General Requirements for Disclosure of Sustainability-related Financial Information’ and IFRS-S2, ‘Climate-related Disclosures’, are issued by the International Sustainability Standards Board (ISSB) and recommended for adoption in Pakistan by the Institute of Chartered Accountants of Pakistan (ICAP).
JazzCash introduces BNPL: Your new way to shop smart
JazzCash, Pakistan’s leading fintech platform, has launched Buy Now, Pay Later (BNPL), a convenient alternative to traditional credit cards.