Pakistan
Hub Chamber President Urges 4% Interest Rate Cut to Stimulate Economic Growth
KARACHI, November 05 2024: The President of the Hub Chamber of Commerce and Industry, Mr. Yakoob H. Karim, has expressed his approval of the State Bank of Pakistan’s recent decision to reduce the interest rate by 2.5% (250 basis points). However, he emphasized that while this move is a step in the right direction, it…
FPCCI Proposes Amendments in Petroleum Act 1934
KARACHI, November 04 2024: Atif Ikram Sheikh, President FPCCI, has appreciated Senator Musadik Malik, Federal Petroleum Minister and the Director General of Explosives at the Ministry of Petroleum for responding to the concerns of trade and industry vis-à-vis the definition, handling, and storage and licensing requirements of liquid hydrocarbon, mixed hydrocarbons and any other material…
SI Global Solutions becomes first Pakistani company to get membership of IALA
KARACHI: SI Global Solutions, a leading maritime and fastest-growing ICT system integrator and consultancy company, has become the first Pakistani company to receive membership in the International Association of Lighthouse Authorities (IALA). This prestigious recognition solidifies SI Global Solutions’ commitment to excellence for the safety of our ports and harbours domain and positions Pakistan on…
Pakistan’s Cotton Import Bill Projected to Surge 3.9 Times
KARACHI, November 04 2024: At the end of October 31, 2024, Pakistan’s cotton arrivals had significantly declined, dropping 37% year-over-year to 4.3 million bales, down from 6.8 million bales during the same period last year. This decline, which improved slightly from a 48% decrease noted earlier in the month, is primarily attributed to poor farmer…
Empowering Tharparkar through Livelihoods & Skills Development
SINDH, November 03 2024: Tharparkar is experiencing a transformative journey that distinguishes it from other regions of Sindh, marked by notable progress in human development and economic prosperity aimed at uplifting the area. The lives of Thar’s residents are witnessing improvement as investments in Thar Coal projects have generated thousands of job opportunities. This has…