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SMEDA increases R&D activities to further SME development in Pakistan

Pakistan, Aug. 4 -- The Small and Medium Enterprises Development Authority (SMEDA) has increased its Research and Development (R&D) activities aimed at planning the development of Small and Medium... Read More


Centre, provinces making all-out efforts to ensure wheat, flour supply at affordable prices: minister

Pakistan, Aug. 4 -- Minister for National Food Security and Research Syed Fakhar Imam on Monday said that the federal government in collaboration with the provincial governments is making all-out effo... Read More


FBR directed to help 12,000 taxpayers declare assets, avail amnesty scheme

Pakistan, Aug. 4 -- The Federal Tax Ombudsman (FTO) has issued a landmark judgment directing the Federal Board of Revenue (FBR) to give relief to 12,000 taxpayers who had deposited Rs2.6 billion tax u... Read More


Cement offtake jumps 41pc to 4.97m tonnes in July

Pakistan, Aug. 4 -- The overall offtake of cement surged by 41pc year-on-year (YoY) to 4.97 million tonnes in July 2020, as domestic despatches jumped 36pc YoY to 4.06 million tonnes while exports inc... Read More


Info ministry appoints Imran Ghazali to lead digital media wing

Pakistan, Aug. 4 -- Following months of candidate assessments and interviews, Imran Ghazali has been appointed the general manager of the Digital Media Wing (DMW) under the Ministry of Information and... Read More


ICCI urged investors to take benefits from construction package

Pakistan, Aug. 4 -- President of Islamabad Chamber of Commerce and Industry (ICCI), Muhammad Ahmed Waheed said that the government has announced a number of incentives to boost construction industry, ... Read More


SBP injects Rs1100 billion into money market

Pakistan, Aug. 4 -- The State Bank of Pakistan on Monday injected Rs1100 billion into money market for four days as reverse repo purchase through its open market operation. The rate of return accepte... Read More


WB approves $400m to help Pakistan combat locusts, open schools

Pakistan, Aug. 4 -- The World Bank has approved two projects worth $400 million for Pakistan with an aim to support interventions in reducing food insecurity from the outbreak of locusts, and measures... Read More


Stocks gain 613 points on positive sentiments

Pakistan, Aug. 4 -- Investors of the Pakistan Stock Exchange (PSX) returned after Eid holidays with positive sentiments, as the indices accumulated gains throughout the day particularly on the back of... Read More


Businesses to remain open in Islamabad before Eid

Pakistan, July 31 -- Islamabad Capital Territory (ICT) Administration has allowed businesses in the federal capital to remain open before Eid-ul-Azha. Islamabad Chamber of Commerce and Industry (ICCI... Read More