Foreign remittances flow to support account balance amidst low FDI: PIAF By: News Desk on October 7, 2024As the remittances to Pakistan has hit a record high in first two months of the current fiscal year the Pakistan Industrial and Traders Associations Front (PIAF) has said that foreign remittances flows are crucial which can support the country’s account balance amidst low volumes of foreign direct investment (FDI) and nominal growth of exports. […]
Pakistan’ economy showing signs of recovery’ By: APP on October 7, 2024Coordinator to the Prime Minister Rana Ihsan Afzal Khan Sunday expressed optimism about Pakistan’s economic recovery, highlighting the government’s initiatives that have boosted investor confidence, exporter confidence, and attracted foreign investment, paving the way for sustainable economic growth. Pakistan’s economic recovery is gaining momentum, driven by strategic reforms and investments, he said in an exclusive […]
UK, Gulf to establish 280 skills centers By: Agencies on October 7, 2024Government of United Kingdom and Middle East institutions will provide jobs to millions of Pakistanis around the world by creating 280 skills centers in Pakistan. A high-level British delegation is on a two-day visit to Pakistan to discuss possible cooperation with Pakistan in education, with a special focus on Technical and Vocational Education and Training […]
Tech key to food export growth: FFP MD By: APP on October 7, 2024Family Food Products (FFP) Managing Director Shahid Imran said on Sunday that with proper investment, technological advancements, and modern agricultural practices, Pakistan could significantly increase its food production manifold and cater to international markets. Talking to a delegation of food producers, he said that Pakistan had immense potential to become a leading player in the […]
PFC heads to US for furniture trade By: APP on October 7, 2024A delegation from the Pakistan Furniture Council (PFC), led by CEO Mian Kashif Ashfaq, has embarked on a week-long visit to the United States to explore new export opportunities and expand the market for Pakistan’s high-quality furniture products. Prior to his departure here on Sunday, he said delegation will engage with American businesses, industry stakeholders, […]
Two percent cess halts KP exports: President SCCI By: APP on October 6, 2024Sarhad Chamber of Commerce and Industry president Fazal Moqeem Khan said that export from Khyber Pakhtunkhwa had halted after imposition of two percent cess and feared of shifting of export to other provinces from KP if the cess was not withdrawn immediately. Fazal Moqeem said that the provincial government move was not only adversely affecting […]
PBF KP officials demands sustainable economic decisions for province By: Agencies on October 6, 2024The Executive Committee of Pakistan Business Forum (PBF) have appointed Mariam Iqbal and Haji Iftikhar Ahmed as Vice Chairmen of the Khyber Pakhtunkhwa and Muhammad Atta ur Rehman Yousafzai as Secretary General for KP chapter besides Akbar Khan as PBF President Swat. The official notification in this regard has been issued. The newly appointed PBF […]
Oil settles up, biggest weekly gains in over a year By: inp on October 6, 2024Oil prices rose and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were limited as US President Joe Biden discouraged Israel from targeting Iranian oil facilities. Brent crude futures rose 43 cents, or 0.6%, to settle at $78.05 per […]
Gold rates decrease by Rs. 700 per tola to Rs 275,500 By: APP on October 6, 2024The per tola price of 24 karat gold decreased by Rs.700 and was sold at Rs.275,500 on Saturday compared to its sale at Rs. 276,200 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs. 600 to Rs. 236,197 from Rs. 236,796 whereas the price of 10 gram […]
Qaiser Ahmed for boosting foreign investment in maritime sector By: APP on October 6, 2024Federal Minister for Maritime Affairs Qaiser Ahmed Shaikh here on Saturday chaired a meeting with representatives from Malaysian companies, including Felda Global Ventures and KLK Malaysia, as well as the Pakistani Westbury Group to discuss foreign investment in Pakistan’s maritime sector. According to a statement from the Ministry of Maritime Affairs, the Malaysian companies, including […]