Prime Minister Shehbaz Sharif on Wednesday directed that the commercial banks take steps to ensure the access of women entrepreneurs and small and medium enterprises (SMEs) to easy loans, besides assisting them in exporting their products. The prime minister, chairing a review meeting here regarding government measures for the uplift of SMEs, said that the […]
SME’s
BOP president briefs FPCCI on SMEs initiatives
Zafar Masud, President & CEO, The Bank of Punjab and Chairman Pakistan Banks Association visited FPCCI and held an interactive session with the Business Community at FPCCI Regional Office Lahore. The session was chaired by Mr. Zaki Aijaz, Regional Chairman and Vice President FPCCI. Mr. Manzoor ul haq Malik, Mr. Kashif Khokhar, Mr. Sardar Mian […]
Pakistan’s electric fan industry seeks policy support to boost value-added exports
Representatives of Pakistan’s electric fan industry have called for targeted policy interventions to strengthen exports, improve value addition, and promote energy-efficient technologies during a meeting with Finance Minister Muhammad Aurangzeb. Read More: Electric fan industry seeks policy support to boost exports The discussion, held in Islamabad, brought together stakeholders from the Federation of Pakistan Chambers of Commerce and […]
Promotion of SMEs top priority of govt: AJK PM
Azad Jammu and Kashmir (AJK) Prime Minister (PM) Faisal Mumtaz Rathore, has said that the promotion of small, medium, and large industries were his government’s top priority. “Concrete measures are being taken to boost industrial development, attract investment, and create employment opportunities in the region”, the PM said this while speaking to government Advisor Sardar […]
Pakistan, Sri Lanka launch digital partnership
Pakistan and Sri Lanka on Wednesday agreed to deepen partnership in the digital economy by establishing a Joint Working Group on Information Technology and Digital Economy, marking a new phase in bilateral collaboration focused on emerging technologies and digital transformation. Read More: Roundtable highlights pathways for inclusive digital transformation The decision was taken during the 13th session of […]
Pakistan pushes for self-reliance with local production and exports
ISLAMABAD: Pakistan is focusing on self-reliance by promoting local production, indigenisation, and exports oriented industries to reduce reliance on imports and conserve foreign exchange. Finance Minister Mohammad Aurangzeb urged multinational companies to adjust business models, highlighting that some firms are already using local raw materials to cut costs. Experts note that increasing domestic consumption of […]
Pakistan faces employment challenges despite moderate GDP growth
ISLAMABAD: Pakistan’s economy is projected to grow between 3 and 3.6 percent in the current fiscal year, according to international institutions, though recent monsoon floods have dampened growth prospects, particularly in agriculture. Despite exceeding the country’s population growth of roughly 2.6 percent, this moderate expansion may not translate into meaningful job creation or poverty reduction. […]
Pakistan urged to modernise agriculture for growth and exports
ISLAMABAD: Experts have called for a major shift in Pakistan’s agricultural policy to boost productivity, diversify crops, and enhance exports. Historically, the focus has been on improving crop yields through better seeds, fertilisers, pest control, and extension services. While these measures raised yields modestly, Pakistan’s growth in agricultural output has lagged behind population growth, leaving […]
Government signals new push to strengthen SMEs sector
The government is working to evolve new policies aimed at supporting small and medium enterprises (SMEs) to boost industrial output, reduce the trade deficit and generate employment, officials said on Monday. Read More: SAPM assures SMEs of support to unlock growth, jobs Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan said […]
PM Shehbaz Sharif urges easy bank loans to boost SMEs
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday directed authorities to accelerate efforts to provide small and medium enterprises (SMEs) with loans on easier terms through banks and other financial institutions. Read More: PM orders easy loans for SMEs to boost economy Chairing a meeting on SME development, the premier praised Special Assistant Haroon Akhtar and the newly elected […]