Further hikes in interest rates are being planned
The Pakistan Economy Watch (PEW) on Wednesday said the government is considering a further hike in the interest rates which will close many businesses and leave millions unemployed.There are reports…
The Pakistan Economy Watch (PEW) on Wednesday said the government is considering a further hike in the interest rates which will close many businesses and leave millions unemployed.There are reports…
Pakistan Coating Association (PCA) delegation, headed by its Chairman, Mr Siraj Uddin, visited SBP to discuss irritants in the import of raw materials. The objective of PCA was to apprise…
The tobacco sector has been at the hit list for the government's increasingly higher revenue collection needs, by paying higher taxes. The massive fresh strike of around 153 percent Federal…
The Pakistan Economy Watch (PEW) on Tuesday lauded the proposal of the IMF to tax the rich and subsidize the poor. Still, it is insufficient as the ruling elite will…
Current account deficit (CAD) during Jan 2023 clocked in at US$242mn versus US$290mn in Dec 2022. Trade deficit during Jan 2023 was down 11% MoM to US$1.7bn as imports dropped…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said utilization of electricity is…
Former President of Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, on Monday, said the entire burden of the IMF's conditions is being put on the people, which…
The 6th Edition of The Future Summit concluded on Thursday with eminent foreign and local delegates speaking on diverse topics to recommend a futuristic direction to the country's corporate sector,…
Former Vice President of FPCCI Atif Ikram Sheikh on Sunday said the fuel crisis should not be allowed to grow and those hoarding petrol and diesel should be dealt with…
Overseas Investors Chamber of Commerce and Industry (OICCI), the collective voice of top foreign investors in Pakistan, has revealed the results of its annual "Corporate Social Responsibly (CSR) Report 2022".…
The ambassador of Pakistan to Turkiye Dr. Yousaf Junaid visited Governor Ankara Vasip Sahin at Ankara Governorate yesterday. The purpose of the visit was to convey heartfelt condolences and hand…
Friesland Campina Engro Pakistan Limited (FCEPL) announced its financial results for the year ended December 31, 2022. Building upon the growth trajectory, FCEPL delivered another record year with highest ever…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said Pakistan's economic model…
Mr Irfan Iqbal Sheikh, President of FPCCI, has expressed his optimism that Pak-Turkiye bilateral economic and trade relations are improving. In contrast, the bilateral trade with Turkiye has surpassed the…
The 'Disaster Management Information System' (DMIS) has been launched in Khyber Pakhtunkhwa province to ensure quick access of disaster management authorities to accurate, actionable information and better handling of disasters…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said that over the last several…
President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman expressed his concern over increasing the price of the dollar by 25 rupees at once and the price of the…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Tuesday said the government is taking…
Former Vice President of FPCCI Atif Ikram Sheikh on Sunday lauded the decision of Prime Minister Shahbaz Sharif to resume the stalled IMF programme which is necessary to improve limping…
The Pakistan Economy Watch (PEW) on Sunday said the government has completely failed in the economic field and disappointed people and the business community. It said that the government is…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI) Dr Shahid Rasheed Butt, on Friday, said it is impossible to stabilise the rupee in the presence of a…
As a result of a meeting held at the Karachi Chamber of Commerce & Industry (KCCI) with Governor State Bank of Pakistan (SBP) Mr. Jameel Ahmed on January 18, 2023,…
Leader of a trade delegation from Tehran Chamber of Commerce, Industries, Mines & Agriculture (TCCIMA) Morad Nemati has said that although a Preferential Trade Agreement exists between Iran and Pakistan…
Latest data released by PBS suggests that Large Scale Manufacturing Industries (LSMI) output increased 3.6% on MoM basis while down 5.5% YoY during Nov'22. LSMI Index stood at 112.3 during…
To facilitate exporters of software, IT & IT Enabled Services, State Bank of Pakistan (SBP) has amended its foreign exchange regulations, advising the banks to mandatorily allow, till March 31,…