The delegates of the Ministry of Commerce (MOC) of the Islamic Republic of Pakistan and the Ministry of Trade, Industry, and Energy (MOTIE) Republic of Korea [South Korea] held the 3rd Round of Joint Trade Committee (JTC) virtually. The Pakistani delegation was headed by the Ministry of Commerce Pakistan Additional Secretary, Muhammad Humair Karim, and
Govt Raised Rs. 760 Billion from the Domestic Sukuk Market in 2020
The domestic Sukuk market has fetched the Pakistani government north of Rs. 760 billion (approximately $4.7 billion). The report by quoting a banking source stated that this higher issuance activity during the year has been brought on due to the growing demand for shariah-compliant financial instruments, along with the efforts of the government and the
PM Commends Exporters for Beating India and Bangladesh in Exports Growth
Prime Minister Imran Khan took to Twitter on Thursday to congratulate the Commerce Ministry while sharing the regional export trends. He wrote, “I have received the regional export trends and this shows that, compared to our exports, the exports of India and Bangladesh for Nov/Dec 2020 showed negative growth.” He added, “I wish once again
PM expresses satisfaction over positive trend in country’s exports
Prime Minister Imran Khan has expressed satisfaction over the positive trend in the country’s exports. In a tweet on Thursday depicting 8.32 percent and 18.30 percent increase in the country’s exports during the months of November and December last year, he said the exports of India and Bangladesh during this period showed negative growth. The
PM stresses upon need to enhance inter-ministerial coordination for increasing exports
Prime Minister Imran Khan has emphasized on chalking out a long term plan for import substitution and increasing exports to make Pakistan self-reliant. Chairing meeting of the Apex Committee on Economic Outreach in Islamabad today (Thursday), he said international best practices need to be adopted for priority sectors and consultations with international experts is essential
Huge potential for investment in energy sector in Balochistan: Farman Zarkoon
Chief Executive Balochistan Board of Investment and Trade Farman Zarkoon has said that there is a huge potential for investment in the energy sector in Balochistan. In a statement, he said that profitable investments can be made in energy parks projects, solar energy, wind power generation in coastal areas and small hydropower projects. Farman added
Three killed in Sheikhupura furnace oil factory fire
Three people were burnt alive and several injured after a fire broke out at a furnace oil factory in Sheikhupura on Thursday. According to a Rescue 1122 spokesman, ten firefighting vehicles are taking part in the operation to extinguish the fire. Source: Radio Pakistan
ETPB to provide land on lease for educational institutions, hospitals in Punjab
In Punjab, Evacuee Trust Property Board (ETPB) will provide land on lease for construction of educational institutions and hospitals in the province. According to spokesman, lands in Lahore, Kasur and Nankana Sahib have been identified for this purpose. Source: Radio Pakistan
Ministry of Maritime Affairs to build more docks for handling boats/ships at Ports
No Comment Government & Politics
Ministry of Maritime Affairs is planning to build more docks for handling boats or ships at Ports from where a ferry service would be started. An official of Ministry told APP that it is part of the blue economy initiative which would make Pakistan a Maritime nation. He said that under the plan ministry also
Punjab Govt to monitor marts & cash carry stores to facilitate people: Firdous
No Comment Government & Politics
Special Assistant to the Punjab Chief Minister on Information Dr. Firdous Ashiq Awan has said that provincial government has decided to monitor the marts and cash carry stores to facilitate people. Speaking at a new conference in Lahore on Thursday, she said the government is trying to ensure availability of commodities at controlled rates at