Pakistan Cutlery exports increases by 1.73 percent
The cutlery exports from the country witnessed an increase of 1.73 percent during the financial year 2018-19 as compared to the corresponding period of last year. Pakistan exported cutlery worth $91.325 million during July-June...
North Shore Medical Labs USA to invest US$ 40 mln in Pakistan’s healthcare
The North Shore had invested US$ 10 million on the project, which was underwritten by the US government.
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.
IFC invests $2.5 million in Tech startup Sarmayacar
The International Finance Corporation (IFC), a member of the World Bank Group, will invest $2.5 million in Sarmayacar, one of the first early-stage venture capital funds supporting tech-driven startups in Pakistan, to help boost...
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.
Pakistan’s exports expected to increase: IMF
The International Monetary Fund (IMF) has projected that Pakistan’s exports will increase to US $ 36.7 billion in five years by the year 2023-24.
Pakistan’s Cement Industry exports Increased
The cement exports from the country were recorded at $271.726 million during July-June (2018-19) as against the exports of $ 222.841 million during July-June (2017-18) showing growth of 21.94 percent.
OGRA provides Rs107 million relief to complainants
The authority received 7,082 complaints, out of which it decided 5,909 and granted gas connections to 635 complainants besides provided Rs106.93 million relief to consumers by removing their grievances, according to OGRA’s Annual Performance Report 2018-19.
SECP notifies Collateral Management Companies Regulations, 2019
SECP has notified Collateral Management Companies (CMC) Regulations, 2019 under the Companies Act, 2017 to promote warehouse receipt financing and electronic trading of agricultural commodities. Under these Regulations, any public limited company with a...
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...
