Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 16,450.9 million as of 10-Jan-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
INGOs in Pakistan Face Shutdown Over Financial Irregularities
Pakistan’s Ministry of Interior has recently ordered the shutdown of operations for two major international non-governmental organizations (INGOs) sponsored by Bloomberg—Tobacco-Free Kids (CTFK) and Vital Strategies. Allegations of financial misconduct…
EFP Urges Action on Decent Working Conditions to Preserve GSP-Plus Status for Pakistan
KARACHI: The Employers Federation of Pakistan (EFP), with the support of the International Labour Organization (ILO) under the Rise for Impact (Cotton INDITEX Project), organized the awareness-raising sessions in its…
InfraZamin Pakistan and HABIBMETRO Partner to Provide a Structured PKR 800mn Guaranteed Trade
Karachi: InfraZamin Pakistan (IZP), has successfully issued its first short-term guarantee of PKR 600m against a PKR 800m Trade Finance Facility by HABIBMETRO for Jaffer Business Systems. The groundbreaking facility…
EFP, ILO Collaborate to Strengthen Workers’ Rights in Cotton Industry Challenges in Cotton Production Discussed at EFP’s Session, Small Cotton Growers’ Association Proposed
KARACHI: The Employers Federation of Pakistan (EFP), with the support of the International Labour Organization (ILO) under the Rise for Impact (Cotton INDITEX Project), organized the fourth awareness-raising session in…
Governor SBP affirms central bank’s commitment to further increase financial inclusion through enhanced collaborations with global and domestic stakeholders
Governor, State Bank of Pakistan Mr. Jameel Ahmad reaffirmed the central bank’s dedication to increasing financial inclusion through strengthened collaborations with both global and domestic stakeholders. Mr. Ahmad shared these…
Precarious Law & Order FPCCI & Sindh Police to Have Closer Liaison
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has extended his full support to Sindh Police in maintenance of Law & Order from the platform of the apex body. We have…
Unlocking Growth Potential: D&B Pakistan & PSO Join hands
Karachi: Dun & Bradstreet Pakistan (D&B) has partnered with Pakistan State Oil Company Limited (PSO), the country’s leading energy company, to enhance its supplier risk management capabilities. Through this collaboration,…
SAFA Board Meeting: New Leadership Appointments and Key Discussions for 2025
Karachi, Pakistan: The 86th Board Meeting of the South Asian Federation of Accountants (SAFA), accompanied by a series of high-level committee meetings, was held today at Karachi. The event marked…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 16,377.8 million as of 03-Jan-2025. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Saquib Fayyaz Magoon Elected Chairman of BMP Progressive, Khurram Ijaz as Secretary General
KARACHI: The Businessman Panel Progressive Core Committee has elected Saquib Fayyaz Magoon as the Chairman of BMP Progressive. Other elected office-bearers include Senior Vice Chairman Dr. Jasu Mal Leemani, Secretary…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 16,408.7 million as of 27-Dec-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Domestic cement despatches declined by 4.76% during December 2024
According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement despatches by the industry during the month of December 2024 were 3.370 million tons compared to…
Investor Confidence: Veon Group invests USD 15 million in Mobilink Bank to fuel growth and tech advancement
Islamabad: Global digital operator VEON Group reaffirms its confidence in the growth potential of Pakistan’s microfinance sector and Mobilink Bank by investing USD 15 million in fresh capital to drive…
EFP Delegation Visits Turkish Embassy to Discuss Trade Development Initiatives
KARACHI A high-level delegation from the Employers’ Federation of Pakistan (EFP), led by Mehmood Arshad, Board Member and Chairman of the EFP Economic Council, visited the Turkish Embassy in Islamabad…
EFP and MUSIAD Sign MoU to Boost Pakistan-Türkiye Bilateral Trade
KARACHI: In a significant step toward enhancing bilateral trade and investment, the Employers’ Federation of Pakistan (EFP) and MUSIAD (Independent Industrialists and Businessmen’s Association of Türkiye) signed a noteworthy Memorandum…
Corporate Sector Investing in Agriculture
Karachi: The corporate and financial sector of Pakistan are investing to develop the agriculture sector. This view emerged at the launch of The State of Pakistan’s Agriculture 2024 report by…
Bank Holiday
The State Bank of Pakistan will remain closed for public dealing on Wednesday, January 01, 2025, which will be observed as ‘Bank Holiday’. All banks / DFIs / MFBs shall,…
Despite ups & downs, Pakistan-US trade remains consistent: Envoy Work underway on war footing for revival of Pakistan’s GSP Plus status: Rizwan Sheikh
KARACHI: Pakistan’s Ambassador to the United States, Rizwan Saeed Sheikh has stated that while the relationship between Pakistan and the US has experienced numerous ups and downs during the last…
Result of SBP OMO Injection
Result of SBP Open Market Operations (OMO) Injection Result of SBP Open Market Operations (OMO) Injection Result of SBP Shariah Compliant (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection