Business
Banking Mohtasib Pakistan provides relief of over Rs 1.26 billion to banking customers in 2023
Karachi: The Institution of Banking Mohtasib Pakistan (BMP) has provided relief amounting to Rs 1.26 billion to the Banking Customers by disposing of 25,493 complaints against commercial banks during the calendar year 2023. Addressing a press conference at the Institute of Bankers Pakistan, the Banking Mohtasib Pakistan, Mr. Sirajuddin Aziz today said that out of…
A closer look at China’s economic steadiness, vitality and potential
BEIJING: The Chinese economy has seen its recovery gather steam in the first quarter (Q1) of 2024, displaying strength and resilience and bringing much-needed certainty to an otherwise uncertain global economic landscape. In the first three months of the year, China’s GDP expanded 5.3 percent from one year earlier, accelerating from 5.2 percent in the…
7th Intersessional meeting of Pakistan-U.S Trade and Investment Framework Agreement (TIFA)
Islamabad, April 26, 2024 : The 7th Intersessional meeting of Pakistan-United States of America Trade and Investment Framework (TIFA) was held in Islamabad on 25th April2024. Mr. Muhammad Sauleh Ahmad Faruqui, Federal Secretary Ministry of Commerce, led the Pakistan’s delegation while the US delegation was led by Mr. Brenden Lynch, Assistant United States Trade Representative…
Nestlé Pakistan reports first quarter sales
Nestlé Pakistan’s revenue, for the three-month period ending March 31, 2024, rose to PKR 54.4 billion. This reflects a growth of 9.7% compared to the same period last year. This increase in revenue can be attributed to broad-based growth across our products and demand generating activities. Although there was an increase in gross profit, there…
Ministry of Commerce and the WTO organized workshop
The Ministry of Commerce and the World Trade Organization (WTO) jointly organized a four-day ‘National Workshop on General Agreement on Trade in Services (GATS)’ in collaboration with the Pakistan Regional Economic Integration Activity (PREIA), a USAID-funded project. The workshop’s objective was to equip participants with an enhanced understanding of the services trade negotiations to enable…