Business
Chambers and Associations of business community supports United Business Group
Karachi, November 26, 2019: Various Chambers and Associations of business community across the country have announced for the support of United Business Group (UBG) for the upcoming election of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) scheduled on 27th of December 2019. Office bearers of different Chambers and Associations announced their unconditional support…
SBP enhances freelancers limit of getting remittances by over three times
Karachi, November 26, 2019: In order to enhance the dwindle inflows of remittances inflows, the State Bank of Pakistan (SBP) has extended the limit of freelancers on the account of remittances by over three times from $1,500 per month to $5,000 per month. Freelancers providing computer services and different services can now attract handsome remittances…
Expired Indian sugar declared unfit for transit
Karachi, November 24, 2019: On the directives of Environment, Climate Change and Coastal Development Department, Government of Sindh, a technical team of Sindh Environmental Protection Agency, Government of Sindh headed by its Director Technical Ashique Langah visited the office of Pakistan Customs in Karachi on Saturday and discussed the matter of reported contamination of Indian…
CPEC is mutually beneficial to Pakistan and China: Says Federal Minister Asad Umer
Karachi, November 23, 2019: While denouncing the statement of US foreign office diplomat Alice Well that China alone is the beneficiary of China-Pakistan Economic Corridor CPEC, Federal Minister for Planning and Development Asad Umer said that Pakistan is also an important beneficiary of this umbrella project in terms of energy and infrastructure. Federal Minister made…
Monetary Policy Statement by SBP
Karachi, November 22, 2019: At its meeting on 22nd November 2019, the Monetary Policy Committee (MPC) decided to leave the policy rate unchanged at 13.25 percent. The decision reflected the MPC’s view that recent developments have had offsetting implications for the inflation outlook. On the one hand, recent inflation outturns have been on the higher…