Ports key to export boom: Ahsana By: APP on September 28, 2024Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal stressed the need to adopt an export-led economic growth strategy by enhancing the country’s seaports and shipping services. “This is the only way to achieve national prosperity and safeguard sovereignty,” he said in a televised address while chairing a meeting of the prime minister’s committee […]
KCCI demands extension in tax returns filing deadline By: inp on September 28, 2024Karachi Chamber of Commerce and Industry (KCCI) has demanded Federal Board of Revenue (FBR) to extend the deadline for filing tax returns. KCCI President Iftikhar Ahmed Shaikh in his statement said the FBR’s portal for submitting online tax returns is not ‘working’ and the traders are finding it difficult to submit their returns as the […]
Rupee gains 5 paisa against dollar By: APP on September 28, 2024Pakistani rupee on Friday appreciated by 05 paisa against the US dollar in the interbank trading and closed at Rs 277.63 against the previous day’s closing of Rs 277.68. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.80 and […]
Gold prices dip by Rs.300 Rs 276,700 per tola By: APP on September 28, 2024The per tola price of 24 karat gold decreased by Rs.300 and was sold at Rs.276,700 on Friday compared to its sale at Rs. 277,000 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs 256 to Rs. 237,226 from Rs. 237,482 whereas the price of 10 gram […]
LSM index grew by 43% in the past decade: Report By: Agencies on September 28, 2024Large Scale Manufacturing (LSM) index in Pakistan grew by 43% in the past decade while indicating an exponential growth after commencement of energy projects under CPEC. SEZs of CPEC are expected to substantially increase the index by 2030. China Economic Net (CEN) reported it on Friday quoting the newly published report titled “CHINA’s 75-Year JOURNEY […]
Pakistan elected ASOSAI governing board member By: APP on September 28, 2024The Supreme Audit Office of Pakistan’s has been elected member of the Governing Board of the Asian Organization of Supreme Audit Institutions (ASOSAI), one of the regional groups of the International Organisation of Supreme Audit Institutions (INTOSAI). Pakistan won the seat during the 16th Assembly Session of ASOSAI held in New Delhi, India from September […]
Agriculture machinery worth $17.6mn imported in 2 months By: APP on September 28, 2024The imports of agriculture machinery and implements during the first two months of the current financial year grew by 105.59 per cent as compared to the imports of the corresponding period of the last year. During the period from July-August, 2024 agriculture machinery and other implements valued at $17.621 million were imported as compared to […]
Engro strengthens dealer, farmer partnerships By: pr on September 28, 2024Engro Fertilizers Limited, one of Pakistan’s leading fertilizer manufacturers, hosted a meeting in Depalpur for dealers and farmers to address key challenges of the agricultural sector and explore innovative solutions for growth. The highlight of this session was the live demonstration of Engro’s Mobile Lab, which offers on-site soil and water testing services. This initiative […]
EFU Life launches Aasaan product range By: pr on September 28, 2024EFU Life Assurance Ltd, a leading provider of Life, Takaful and Health insurance, proudly announces the launch of its new Aasaan Product Range, designed to simplify the insurance experience, making it accessible to all customer segments, particularly those who find investment linked insurance products complex. The launch of Aasaan product range marks a key milestone […]
Pakistan’s progress masked by formidable challenges: IMF By: News Desk on September 27, 2024The International Monetary Fund (IMF) on Thursday categorically stated that while the government has made progress in restoring economic stability, Pakistan’s “vulnerabilities and structural challenges remain formidable’’. “A difficult business environment, weak governance, and an outsized role of the state hinder investment, which remains very low compared to peers, while the tax base remains too […]