Economy
BankIslami profit posts 255 pc growth in H1CY23
KARACHI, August 23, 2023: The first half of 2023 has marked its significance for BankIslami, as it attained a notable milestone by securing a ‘AA-’ long term entity rating assigned from PACRA. This rating upgrade acknowledges the outstanding performance the Bank has consistently delivered in recent periods. Further, the Bank also takes pride in the…
Sabotaging Pak-China friendship risks CPEC failure: Chinese CG
Karachi, August 16, 2023: The Chinese Consul General in Karachi, H.E Yang Yundong has emphasized that no attempt to undermine the China-Pakistan friendship and the construction of CPEC will succeed. China has confidence, determination, and the capability to work together with Pakistan to overcome all difficulties and challenges, and to ensure that the development of our…
Real Estate projects to boost economic activities: Musammir Siddiqui
Karachi, August 12, 2023: Commercial real estate projects, including shopping centers and malls, are a catalyst to attract local and foreign investment, stirring the economic activities as hubs of businesses at a massive scale in a mega city, this was stated by Musammir Arif Siddiqui, COO TwentyOne Builders and Developers in an exclusive talk to…
IPR Laws efficiently enforced on imports and exports
Karachi, March 22, 2021: An Awareness Session on IPR Enforcement was organized by FPCCI Central Standing Committee on Customs on 19th March 2021 at Federation House Karachi. Nyma Batool, Director, Directorate General of Intellectual Property Rights (IPR) Enforcement was invited as the presenter by Shabbir Hassan Mansha, to deliver and discuss the matters of mutual interest…
CPI increases sharply to 8.70pc YoY in February
Karachi, March 02, 2021: Headline inflation increased to 8.70 percent YoY in February, compared to 5.65 percent YoY in the preceding month. This was expected, given the hike in electricity charges. Electricity charges were the key contributor to a higher CPI in February, increasing by ~29 percent MoM. Over half of the MoM increase in…