Karachi, December 27, 2019: The exports of pharmaceutical product during the first five months of financial year (2019-20) grew by 8.66 percent as compared to the exports of corresponding period of last year. The pharmaceutical exports were recorded at $92.714 million during July-November (2019-20) as against the exports of $85.323 million during July-November (2018-19), showing…
Karachi, December 11, 2019: Overseas Pakistani workers remitted $9.298.57 billion in the first five months (July to November) of FY20 compared with $9.281.94 billion received during the same period in the preceding year. During November 2019, the inflow of workers’ remittances amounted to $1.819.66 billion, which is 9.05 percent lower than October 2019 and 9.35…
Karachi, November 27, 2019: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) showed his serious concern over the declining of private sector credit by Rs 4.1 billion in the first four-month of the current fiscal year. He stated that the declining demand for private sector credit is…
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…
Karachi, September 23, 2019: The Managing Committee members of the Overseas Investors Chamber of Commerce and Industry (OICCI) recently held their annual interaction with senior diplomats of countries represented at the OICCI. The meeting provided an opportunity to exchange views on the Current Business Environment and to share the OICCI perspective on opportunities for FDI in…