SITE Industrialists Decry 11.5% Policy Rate, Call for Immediate Review
KARACHI: The SITE Association of Industry (SAI) has voiced strong concern over the State Bank of Pakistan’s recent decision to raise the policy rate by 100 basis points to 11.5…
SAI chief hails EDS abolition, seeks transparent use of Rs50bn fund
KARACHI: The SITE Association of Industry (SAI) has lauded Prime Minister Shehbaz Sharif’s decision to abolish the 0.25 per cent Export Development Surcharge (EDS), terming it a timely intervention that…
Governor SBP underscores the importance of empowering women entrepreneurs for sustainable economic growth
Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, emphasized the vital role of women entrepreneurs in driving inclusive and sustainable economic growth in developing countries. He was speaking during…
High Interest Rates Hindering Economic Growth: Syed Aman Shah
Business community and general public severely affected; Awaam Pakistan Party Balochistan demands immediate rate cut from State Bank: Karachi: Syed Aman Shah, Provincial Convener of Awaam Pakistan Party Balochistan, has…
New Report Reveals How Pakistan’s Nurses Can Drive Economic Growth and Global Impact
Karachi: A report of national significance was launched today by the Pakistan Business Council (PBC) and Aga Khan University’s (AKU) School of Nursing and Midwifery, Pakistan, highlighting the untapped potential…
Finance Minister and OICCI align on tax reforms and economic growth
Karachi: Finance Minister Muhammad Aurangzeb held a high-impact virtual dialogue with the Overseas Investors Chamber of Commerce and Industry (OICCI), attended by senior leadership of leading multinational companies operating in…
SECP Registers 2,757 New Companies in March 2025
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered a total of 2,757 new companies in March 2025, bringing the total number of registered companies in the country to…
Pakistan’s Economy Gaining Momentum: Governor SBP reflects on economic progress and path to a sustainable and inclusive economic growth
The Governor of the State Bank of Pakistan (SBP), Mr. Jameel Ahmad, while attending the gong ceremony at the Pakistan Stock Exchange (PSX) on Monday, highlighted noticeable progress made by…
SECP Inaugurates Pakistan’s First-Ever Start-up Summit in Karachi to Empower Innovation and Economic Growth
Karachi: The Securities and Exchange Commission of Pakistan (SECP) successfully inaugurated its first-ever Pakistan Start-up Summit at the Pearl Continental Hotel, Karachi. The first day of the event, received overwhelming…
SAI Chief Calls for Clear Roadmap and Single-Digit Interest Rates
KARACHI: Muhammad Kamran Arbi, President of the Site Association of Industry (SAI), has criticized the State Bank of Pakistan’s (SBP) recent 2% cut in the interest rate, arguing that a…
Sindh’s Energy Ministry supports IEEEP Fair: Nasir Hussain
Karachi: Minister of Energy, Government of Sindh, Syed Nasir Hussain Shah has said that his department stands fully committed to support the IEEEP Fair. “We will work closely along with…
UBG leaders call for deeper policy rate cuts to revive economic growth
KARACHI: The United Business Group (UBG) leadership, comprising S.M. Tanveer, Zubair Tufail, Khalid Tawab, Hanif Gohar, and Syed Mazher Ali Nasir, expressed disappointment over the State Bank of Pakistan’s (SBP)…
Hutchison Ports Pakistan marks the historic arrival of the Largest Container Vessel Ever to Berth in Pakistan
Hutchison Ports Pakistan welcomes the maiden call of the CV MSC ANNA, the largest container vessel ever to berth in Pakistan. This milestone underscores the terminal’s advanced capabilities and strategic…
Illicit Trade in Pakistan: Challenges and Solutions
The Transnational Alliance to Combat illicit Trade (TRACIT), a New York based Global think tank dedicated to mitigating economic and social damages of illicit trade has recently published a report:…
IMF Resident Representative meets CCP Chairman
ISLAMABAD: Ms. Esther Pérez Ruiz, the IMF Resident Representative in Pakistan, visited the Competition Commission of Pakistan (CCP) and met with Dr. Kabir Ahmed Sidhu, Chairman CCP, to discuss matters…
Fourth Generation Universities: ICE Presents Future Work Connect 24 to Enhance Pakistan’s Global Competitiveness in Education
Karachi: The International Centre of Excellence (ICE) successfully organized “Future Work Connect 24,” a high-profile event aimed at advancing Pakistan’s global competitiveness in education and fostering collaboration between industry and…
Electronic Import Form: Supreme Court encourages Customs to address importers’ problems
KARACHI: The Supreme Court of Pakistan has encouraged Pakistan Customs to take independent decisions and address the problems of importers who are not issued the Electronic Import Form (EIF) by…
Budget lacking on measures to stabilize the economy: OICCI
Based on first assessment of the budgetary tax measures announced today, it appears to be an interim budget with short term measures for certain sectors, but lacking on measures to…
Federal Minister for Maritime Affairs Announces $500 Million Investment in Port Qasim
Karachi: Federal Minister for Maritime Affairs, Faisal Sabzwari, announced on Saturday that a $500 million investment is being negotiated with Gulf countries, including Abu Dhabi. The investment will be used…
Government Should Take Preventive Measures to Protect Economic Growth Anjum Nisar, President FPCCI
Mian Anjum Nisar, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Government to take preventive measures and develop strategy to protect the pace…