Business
President urges businesses to invest in stock exchange calls for rationalizing interest rates
ISLAMABAD, October 9 2024: To improve the country’s economy, President Asif Ali Zardari has called for providing a business-friendly environment by further rationalizing the interest rate, providing cost-effective energy, and supporting export-oriented industries. He urged the business community to invest in the country’s stock exchange, besides focusing on industries that support small and medium enterprises…
NBP partners with huawei to establish national cloud data center
Karachi: October 9, 2024. The National Bank of Pakistan has signed a MoU with Huawei Technologies Pakistan (PVT) to develop a state-of-the-art National Cloud Data Center. The MoU was formalized during the Huawei Connect 2024 Global Conference. This collaboration aims to strengthen NBP’s digital infrastructure by deploying cutting-edge cloud services in a Tier-3 certified data…
Pakistan received highest ever $8.8 bln remittances in first quarter of FY25
KARACHI: October 8, 2024: Pakistan’s worker remittances in September 2024 totalled US$2.85bn, up 29% year over year and the highest amount ever received in September. In 1QFY25, remittances increased by 39% year over year to US$8.8bn. These stronger inflows will help Pakistan maintain PKR stability and contain the current account deficit. Highest-ever quarterly remittances received…
Sindh Government Decides to Issue Benazir Hari Cards Through Sindh Bank
KARACHI: 07 October 2024, An important meeting was held under the chairmanship of Sindh Agriculture Minister Sardar Muhammad Bux Khan Mahar, attended by Agriculture Secretary Rafiq Ahmed Buriro, Project Director SWAT Project Liaquat Ali Bhutto, Director Generals, representatives of Sindh Bank, and other officials. The meeting focused on briefing the provincial minister regarding the issuance…
Women Chamber Delegation Meets Commerce Minister, Discusses Empowerment and Export Initiatives
Islamabad, October 7, 2024 — A delegation from the Islamabad Women Chamber of Commerce & Industry (IWCCI), led by Founder President Samina Fazil, met with Federal Minister for Commerce Jam Kamal Khan to discuss initiatives focused on women empowerment and export growth. The minister emphasized the need for actionable proposals to boost women’s involvement in…