Pakistan’s Plastic Imports dip 5pc to $ 2.2bln
The imports of plastic materials into the country witnessed negative growth of 5.30 percent during the financial year 2018-19 as compared to the corresponding period of last year.
Chinese company Timesaco to invest $20 million in Pakistan
Chinese company, Timesaco intends to provide five special services in sectors including transportation, cargo, bank transaction and advertising.
North Shore Medical Labs USA to invest US$ 40 mln in Pakistan’s healthcare
The North Shore had invested US$ 10 million on the project, which was underwritten by the US government.
Pak Suzuki reports Rs. 1.53 billion loss
Pakistan Suzuki Motor Company has reported a loss of 1.53 billion rupees in the first half on 2019 amid troubling times for the automotive industry in Pakistan.
Pakistan’s rice export grew by 1.6%
The Rice exports od Pakistan during preceding financial year witnessed about 1.6% growth as compared the exports of the corresponding period of last year.
FBR Mandates Buyers to show CNIC on purchases over PKR 50,000
FBR issued a sales tax notification mandating the buyers to show their Computer National Identity Card (CNIC) on purchases over PKR 50,000 from a sales tax registered person.
Pakistani Banks asked to collect details of Benami accounts
the Chairman of the board, Syed Mohammad Shabbar Zaidi wrote to the heads of all banks, asking them to collect the details under the Benami Transaction (Prohibition) Act 2017.
SBP data shows Growth in Pakistan’s Textile Industry
The textile group exports from the country during July-June (2018-19) were recorded at US $13553.153 million against the export of US $ 13376.780 million.
Pakistan Artificial Jewellery exports drops to 16.86pc
The exports of artificial jewellery from the country witnessed decrease of 16.86 percent during the financial year (2018-19) as compared to the corresponding period of last year.
The artificial Jewellery exports from the country during...
Asian Development Bank introduces contingent disaster financing
The Asian Development Bank (ADB) has introduced a new financing mechanism—contingent disaster financing (CDF)—to support its developing member countries in strengthening disaster preparedness and provide quick-disbursing budget support following natural disasters.
“CDF will provide...
