Business
Orientation session empowers trade & investment officers for enhanced fruit and vegetable exports
Karachi, January 16, 2024 : The All Pakistan Fruit & Vegetable Exporters, Importers, and Merchants Association (PFVA) conducted a comprehensive orientation session on January 15, 2024, aimed at equipping forty (40) newly appointed Trade & Investment Officers (TIOs). These officers will be stationed in Pakistani Embassies, High Commissions, and Consulates across diverse countries worldwide. The…
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,…
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…
Utility stores to acquire 70,000 tons sugar ahead of Ramadan
Islamabad, January 12, 2024 : Utility Stores Corporation (USC) has announced to procure some 70,000 tons sugar to ensure uninterrupted supply of the essential commodity during Ramadan. Bids for the supply of sugar have been welcomed from interested parties until January 30, with the tender opening on the same day. Despite having a one-month sugar…
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,…