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BUSINESS
Pakistan need coherent labour policy to avoid Greece -boat sinking like tragedies : Mian Akram Farid
ISLAMABAD : June 25,2023: Chairman Skill Development Council Islamabad M. Akram Farid, while expressing his views during the meeting, said that Pakistan need to make a coherent labor policy to provide employment opportunities at home to…
SBP revises regulations to make EMIs more business friendly
KARACHI : June 23,2023: Pakistan has issued revised Regulations for Electronic Money Institutions (EMIs) with the aim to enhance outreach and scope of these innovative fintech-enabled payment companies.
The updated regulations now allow…
Prices of essential items jumped-up over 100 % in Shahbaz rule
ISLAMBAD: June 16, 2023: Pakistanis are braving matchless price-hike in Shahbaz government. A sensitive price index report suggests that year- on- year trend depicts increase of 34.96%, cigarettes (124.38%), tea Lipton (114.93%), wheat…
Pakistan’s economic woes continue as workers’ remittances miss target
KARACHI: June 14, 2023: Workers’ remittances recorded an inflow of US$2.1 billion during May 2023.
• In terms of growth, during May 2023, remittances decreased by 4.4 percent on m/m and by
10.4 percent on y/y basis.
• With cumulative…
Hotel, industrial sector ignored in budget FY 23; Mian Akram Farid
ISLAMABAD : June 11,2023: Chairman (Central) Employers Federation of Pakistan Senior vice Chairman Pakistan Hotel Association Mian Akram Farid while expressing his views on the federal budget said the proposals of the business community…
SBP extends last date for encashment of bonds for fifth time
SKARACHI: June 8, 2023: The federal government has given another opportunity to the public to get the withdrawn prize bonds
of Rs.7500, 15,000, 25,000 and Rs. 40,000 redeemed/encashed to June 30, 2023. Earlier, the
government had fixed…
SBP renews ECAIs status for VIS, PACRA
Karachi: June 6,2023. The State Bank of Pakistan (SBP) has renewed the status of the two credit rating agencies operating in Pakistan
namely “VIS Credit Rating Company Limited (VIS)” and “The Pakistan Credit Rating Agency Limited…
The last date for encashment of withdrawn prize bonds extended
KARACHI: June 2, 2023: The government has given another opportunity to the public to get the withdrawn prize bonds
of Rs.7500, 15,000, 25,000 and Rs. 40,000 redeemed/encashed by June 30, 2023. Earlier, the
government had fixed deadline of…
Rethink for sustainability, progress-6th edition of LEADERS in Islamabad business summit
Islamabad, May 31, 2023: Nutshell Conferences Group and Martin Dow Group, in strategic partnership with Overseas Investors Chamber of Commerce and Industry, and Unity Foods Limited, hosted Day 1 of the 6th Edition of LEADERS IN ISLAMABAD…
Pakistan transforming into digital banking : SBP
KARACHI: May 29,2023: The State Bank of Pakistan (SBP) on Monday released its third quarterly review of Payment Systems for the Fiscal Year
2022-23 covering the period January to March 2023.
Major highlights and comprehensive…
