Service Industries Limited has informed Pakistan Stock Exchange (PSX) today that "Service Long March Tyres (Private) Limited ('SLM'), an associated company of Service Industries Limited (the 'Company'), has announced expansion…
The Korangi Association of Trade and Industry (KATI) President, Faraz-ur-Rehman, alongside Deputy Patron-in-Chief Zubair Chhaya, Senior Vice President Nighat Awan, Vice President Muslim Muhammadi, and members of the Executive Council,…
Employees Verification System (EVS) must be implemented in the entire province so that the identity of employees and foreigners involved in crimes can be revealed. Through this system, it will…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Thursday that the fears of default have passed, and the pressure on the…
On Thursday, Brig. (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW), said few days are left for the Executive Board of the IMF meeting to review and possibly ratify…
President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while referring to NERPA's Public Hearing held on Wednesday, rejected the Regulator's decision to give go ahead to K-Electric…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that the credit…
· In a surprising but welcome development, Pakistan and the IMF reached staff level agreement for a US$3bn (SDR2,250mn) Stand-By Arrangement (SBA). · The agreement is likely to be approved…
Former Vice President of FPCCI Atif Ikram Sheikh said on Saturday lauded the government for finalising a critical deal with the International Monetary Fund (IMF) hours before the expiry of…
On Saturday, former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said the country had been saved from bankruptcy. He added that the country…
Former President of FPCCI and President of United Business Group (UBG) Zubair Tufail said that the credit of the 9-month standby arrangement with the IMF goes to Prime Minister Mian…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that using short-cut loans…
Brig. (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW), on Wednesday, supported the decision of the State Bank of Pakistan (SBP) to hike interest rates by one percent. SBP…
Mr. Irfan Iqbal Sheikh, President FPCCI, has apprised that Mr. Ishaq Dar, federal minister for finance & revenue, has assured the apex body of his support vis-à-vis anomalies in the…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the current…
Brig. (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW), said on Friday that many dollars are being smuggled from the country to Afghanistan and Iran. He said Pakistan's economy…
Pakistan recorded its third consecutive Current Account Surplus of US$255mn in May 2023 against a surplus of US$78mn in April 2023. Tighter monetary and fiscal policy along with administrative steps…
The Karachi Chamber of Commerce & Industry (KCCI) has expressed gratitude and appreciation to the Federal Minister of Finance Ishaq Dar, Chairman FBR Asim Ahmed and his team for giving…
On Monday, Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW), said that the budget attempts to develop the economy through borrowing, which is not a good option. He said…
On Monday, former Vice President of the FPCCI, Atif Ikram Sheikh, lauded the measures taken in the budget to develop the agriculture sector. "The agriculture sector has been continuously falling…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Sunday that the budget's focus is not the economy but politics and fame.…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Saturday that the budget is…
President of Islamabad Industrial Association (IIA) Muhammad Ahmed said on Friday that the budget is average for the industrialist community. Lauding the budget has said that IT, SME, solar, and…
Mr. Irfan Iqbal Sheikh, President of FPCCI, has apprised that the federal budget 2023 – 24 presents an unrealistic picture of the economy, and, therefore, the budgetary targets set in…
Based on our initial analysis Federal Budget FY24 is Neutral for the local stock market. IMF has already hinted that the Budget should be consistent with program objective. According to…
