South Korean companies are seeking information about the cost of land in Pakistan for setting up manufacturing units, Pakistan’s former ambassador to South Korea, Shaukat Ali Mukadam, said during a meeting with President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Yasir Ilyas Khan. He said that these companies, especially small and medium enterprises (SMEs),

Finance Minister, Dr Abdul Hafeez Shaikh has said that large scale manufacturing showed significant growth last year, which is testament of PTI government’s efforts to encourage industrialization and generate new employment opportunities in the country. In a tweet, he said the large scale manufacturing posted double-digit growth of 14.5 percent in November last year as

The international credit rating agency Moody’s has improved its rating for Pakistan’s banking sector as stable. Moody’ Investors Service report said that the government’s credit profile is stable due to ongoing reforms and increasing policy effectiveness. It said stable outlook for Pakistan’s banking system reflects banks’ solid funding and liquidity. The report said deposit-based funding

Pakistan’s exports of textiles and pharmaceuticals posted high growth in July-December 2020, Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood announced in a tweet on Wednesday. Sharing the figures of textile export for July-December 2020, he said that the exports of home textiles increased by 16 percent to $2.017 billion in July-December

The Economic Coordination Committee (ECC) of the Cabinet is expected to approve a summary of the Ministry of Industries and Production to abolish taxes on the import of sugar, senior government officials exclusively told Propakistani. Sources said that the meeting of the ECC has been scheduled for Wednesday (January 13) in which a summary of

The National Clearing Company of Pakistan (NCCPL) has launched an online account service for securities in Pakistan. The initiative is expected to provide the required impetus to the market participants during the COVID-19 pandemic and boost the confidence of the investor fraternity, which is expected to result in enhancing the performance of the capital market

The Oil and Gas Regulatory Authority (OGRA) has granted two licenses for the sale and marketing of natural gas and LNG to two private companies. The issued licenses are for the sale of natural gas/RLNG to consumers, including industries, power plants, and licensed CNG stations, for an initial period of 10 years with effect from

Finance Minister Dr Abdul Hafeez Shaikh has said large scale manufacturing showed significant growth last year, which is testament of PTI government’s efforts to encourage industrialisation and generate new employment opportunities in the country. In a tweet, he said large scale manufacturing posted double-digit growth of 14.5 percent in November 2020 as compared to November

The poultry sector is still undergoing a crisis phase and Pakistan Poultry Association (PPA) North Zone Vice-Chairman, Raja Attique-ur-Rehman Abbasi, considers government intervention to stabilize prices to be even more harmful. He made these remarks at a press conference, highlighting that poultry was one of the most organized branches of the agri-based economy in the