Heimtextil 2024

273 Pakistani exhibitors showcased their innovations at Heimtextil 2024

Pakistan, January 12, 2024 : Heimtextil 2024 came to a successful end. With over 2800 exhibitors from 60+ countries globally, Pakistan ranked fourth among the top 10 exhibiting countries. And 273 Pakistani exhibitors took the opportunity to showcase their products such as bedsheets, towels, kitchen linen and other home textile products internationally. At Heimtextil 2024,…

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NCGCL

First-ever market-based SME credit guarantee facility launched

Islamabad, January 12, 2024: National Credit Guarantee Company Limited (NCGCL) will be the first-ever specialised market-based SME credit guarantee facility for enhancing SMEs’ access to finance in Pakistan, said Dr. Shamshad Akhtar, the caretaker minister for Finance, Revenue, and Economic Affairs, on the launch of Pakistan’s first specialised credit guarantee, company for SMEs in collaboration…

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International Monetary Fund (IMF)

PSX bounces back strongly following successful IMF review

Karachi, January 12, 2024 : The Pakistan Stock Exchange (PSX) experienced a second consecutive session of increased buying activity on Friday, spurred by the positive outcome of the International Monetary Fund’s (IMF) Executive Board completing the initial review of Pakistan’s economic reform program. As per the PSX website, the KSE-100 index surged by 565.79 points,…

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