Pakistan’s economic growth rebounds in FY-2024: ADB
According to the Asian Development Outlook (ADO) September 2024, an update to ADB’s flagship economic publication, Pakistan’s gross domestic product (GDP) growth is projected to have recovered modestly to 2.4% in FY2024 and should growth further by 2.8% in FY2025 accompanied by a decline in inflation.
Editor
P@SHA hosts prestigious ‘HBL ICT Awards 2024’
Pakistan Software Houses Association (P@SHA), the premier representative body of Pakistan’s thriving IT industry hosted the prestigious HBL-P@SHA ICT Awards 2024.
Mehfooz
SBP extends the date for imports of cash US dollar till June 30, 2025
The State Bank of Pakistan (SBP) has extended the deadline of import of cash US Dollars by exchange companies for their export consignments till June 30, 2025, in order to ensure adequate supply of cash USD in open market.
Adil Aziz
Pakistan, China join hands to tap global Kiwifruit market potential
Agricultural experts have expressed optimism that Pakistan could become a significant player in the global kiwifruit market by collaborating with China, following an assessment of its potential during the recently concluded International Training Workshop on Kiwifruit Production in Sichuan.
BMMC received approval for GEM board listing from PSX
Burj Modaraba Management Company (BMMC) has received approval from the Pakistan Stock Exchange (PSX) for listing Burj Clean Energy Modaraba (BCEM) on the Growth Enterprise Market (GEM), Pakistan’s First Green Energy Fund.
FBR sets Sept 30 deadline for income tax returns, no extension to be granted
Federal Board of Revenue (FBR) Spokesperson Bakhtiar Muhammad Saturday cautioned citizens against last-minute rush, advising them to file their income tax returns well before the September 30 deadline and emphasized that no extensions will be granted.
Chinese firm to set up textile parks in Pakistan
The Board of Investment and Chinese textile firm RUYI Shangdong signed a Memorandum of Understanding under which the latter would establish textile parks of international standards in Pakistan to boost country’s exports to $5 billion and create around 0.5 million jobs.
NADRA-SECP Sign MoU to Promote Mutual Cooperation
National Data Base and Registration Authority (NADRA) and the Securities and Exchange Commission of Pakistan (SECP) signed a Memorandum of Understanding (MoU) to formalize mechanism for information sharing and cooperation between the two institutions.
Banking sector grows 11.5% in H1CY24 with satisfactory performance, resilience: SBP
The State Bank of Pakistan (SBP), stated that performance and resilience of the banking sector for the period January to June 2024 remained satisfactory with a growth of 11.5 percent in collective balance sheet.
TMB wins “Best Microfinance Bank” award
Telenor Microfinance Bank, operator of Pakistan’s leading digital financial services platform, Easypaisa, received its double recognition at the renowned 21st Annual Excellence Awards by CFA Society Pakistan, having won the “Best Microfinance Bank of the Year 2023” and “Recognizing Gender Diversity at the Workplace Award 2024.”