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 installs 1600 net metering based solar systems
The Power Division has installed more than 1600 net metering based solar systems across the country with a cumulative capacity about 27.5 Mega Watt (MW) of electricity by end June 2019.
Italy’s Economic Transformation Initiatives in Gilgit-Baltistan
Italy granted 20.5 million Euro for economic transformation Initiatives to benefit the rural communities of Gilgit-Baltistan (GB).
Secretary Economic Affairs Division, Noor Ahmed and Ambassador of Italy in Pakistan, Stefano Pontecorvo signed the agreement here...
Dutch oil company, Royal Vopak is to invest $ 2.8 billion in Pakistan
The world famous Dutch oil company, Royal Vopak is going to invest $ 2.8 billion in Pakistan due to improved investment regime and conducive business environment being provided by the government.
A delegation of Royal...
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...
Pakistan IT services export earns over $1 billion
Pakistan earned $1008.490 million by providing different information technology (IT) services in various countries during the first eleven months of the fiscal year 2018-19.
This shows growth of 4.37 percent when compared to $966.240 million...
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.
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...
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.
Sichuan University of China to organize tourism promotion conference for Pakistan
Sichuan University of China Professor Dr Song Zhihui has said that a tourism promotion conference for Pakistan would be organised to highlight its tourism potential.
