Private sector representatives from Pakistan and Afghanistan met to boost prosperity and create jobs in both countries. The participants in this U.S. government-facilitated event addressed a range of trade issues between the two countries that have held back the growth of the cross-border economy. The “Pakistan-Afghanistan Bilateral Trade – Private Sector Perspectives, Strategy and Recommendations”

Punjab government has started supply of low cost flour in all divisions of province. According to Punjab Senior Minister Abdul Aleem Khan, a 20 kilogram flour bag is available at 860 rupees. He said that fair price shops and sale points have been set up in different districts for the convenience of citizens. He said

Punjab Minister for Industries and Commerce Mian Aslam Iqbal visited his camp office in Lahore and listened to people’s problems and issued on the spot orders for the solution of their problems. Speaking on this occasion, he said that serving the people and solving their problems is the top most priority of the government and

State Bank of Pakistan (SBP) has extended bank branch timings from 9 am to 5.30 pm for commercial and microfinance banks, effective from July 13. According to the notification, banks will ensure the banking timing from Monday to Thursday with a break between 1.30 pm to 2 pm. On Friday, the branches will take a

International Monetary Fund (IMF) has predicted recovery in Pakistan’s economy during financial year 2021. In a report titled “Policy Actions Taken by Countries,” IMF said a gradual recovery is expected in Pakistan’s economy in Fiscal Year 2021 as the economy reopens. The report highlighted the measures taken by the present government to contain spread of

To extend the benefits of a reduction in the policy rate to people using its refinance schemes, State Bank of Pakistan (SBP) has decided to align the end-user markup rates on two of its refinance schemes for promoting investment in the country. SBP has curtailed the end-user markup rates on Temporary Economic Refinance Facility (TERF)

Gold prices reached a new high at Rs. 108,300 per tola in the local market on Wednesday following the increase in prices in the international market. The local gold association set the rates of gold at Rs. 108,300 per tola, which is almost discounted by Rs. 6,000 compared to the original price hike when converting

Asian Development Bank has shown keen interest to collaborate with Prime Minister’s Kamyab Jawan Programme through partnership in various micro financing schemes launched for financial inclusion of youth. This was stated by Asian Development Bank’s representatives during a meeting with Special Assistant to Prime Minister on Youth Affairs Muhammad Usman Dar via video link today

The first IPO of 2020 by the Organic Meat Company at Pakistan Stock Exchange received an overwhelming response with shares that were oversubscribed by 1.90x and attracted a handsome amount of Rs. 1.4 billion in bids. During the book-building process, the investor interest went up to 68.1 million shares while only 40 million were offered