High cost of doing business hurts trade, industry the most: BMP By: News Desk on October 27, 2024The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has called for keeping check on government expenditure and high cost of debt servicing to contain budget deficit, as the Pakistan’s federal budget deficit projection has been revised to history’s highest to over Rs4 trillion, highlighting the unending fiscal woes that have pushed the […]
New Gwadar Int’l Airport to attract investment: Report By: Agencies on October 27, 2024China-aided New Gwadar International Airport (NGIA) is set serve as strong transportation link to attract local and international investment, says a report published by Gwadar Pro on Sunday. Equipped with the spirit of inclusive connectivity with state-of-art airway features, NGIA is going to serve a dynamic precursor for spin-off effects on development horizons of Gwadar […]
With 5.2m businesses, SMEs fostering employment, economic growth: PIAF By: News Desk on October 27, 2024The Pakistan Industrial and Traders Associations Front (PIAF) chairman Faheemur Rehman Saigol has said that government needed to highlight the critical role of small & medium enterprises (SMEs) in driving sustainable economic development in Pakistan. With an estimated 5.2 million businesses, the SME sector is a cornerstone of our economy, fostering employment, growth, and export […]
FFP to showcase entire range at Saudi International Halal Expo 2024 By: APP on October 27, 2024Family Food Products, a leading Pakistani company, will showcase its entire range of international standard products at the 3-day Saudi International Halal Expo 2024 commencing from October 28. Prior to departure, Director Exports FFP Saifur Rehman told the media here on Sunday that the upcoming event at the Riyadh International Convention and Exhibition Centre was […]
PFC chief calls for strengthening bilateral trade to reduce Pakistan’s trade deficit By: APP on October 27, 2024Pakistan Furniture Council (PFC) Chief Executive Officer Mian Kashif Ashfaq has emphasised that Pakistan needs to focus on promoting balanced bilateral trade relations with regional countries to narrow down its growing trade deficit by boosting exports. Speaking at a seminar on “How Pakistan can narrow down its trade deficit”, here on Sunday, he said a […]
Women empowerment essential for development: Iftikhar Malik By: APP on October 27, 2024Former SAARC Chambers of Commerce and Industry President Iftikhar Ali Malik has said women’s participation in the workforce remains underutilised in South Asia, where social norms, inadequate support systems, and limited access to education and training prevent the majority from contributing economically. In a statement issued here on Sunday, an octogenarian trade leader of South […]
Kisan Ittehad demands independent commission to decide crop prices By: APP on October 27, 2024The Pakistan Kisan Ittehad (PKI) has demanded the government constitute an independent agriculture commission to decide rates of different crops after evaluation of inputs’ costs. Addressing a press conference here on Sunday, PKI Chairman Khalid Khokhar said farmers always sought fair profit against their produce. He, however, lamented that they faced multiple problems due to […]
Fatima Fertilizer Becomes the First Company in Pakistan to Partner with UNDP on SDG Impact Framework on October 27, 2024Lahore, October 27, 2024 –Fatima Fertilizer has become the first company in Pakistan to officially partner with the United Nations Development Programme (UNDP) by adopting SDG Impact Framework. This milestone marks a significant step in the company’s journey toward sustainability, focusing on mapping its contributions to the UN’s Sustainable Development Goals (SDGs). Fatima Fertilizer recently […]
Govt financing cost dropped to reduce debt servicing charges: Finance Minister By: APP on October 27, 2024Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb said that government financing cost was coming down which would reduce the debt servicing cost. During a meeting with representatives of S&P Global, the finance minister shared the update on macroeconomic stabilization, fiscal consolidation measures and external account developments which were reflected in improving key indicators […]
Pakistan honored as Guest Country at 31st Yangling Agricultural High-Tech Expo By: APP on October 27, 2024Pakistan Ambassador to China, Khalil Hashmi, participated in the 31st China Yangling Agricultural High-Tech Fair, an internationally renowned platform for agricultural innovation and collaboration, being held from October 25-29. The ambassador also inaugurated the Pakistan Pavilion at the fair together with the Vice Governor of Shaanxi Province. Pakistan’s participation at this forum is in follow-up […]