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Economy

Sindh has Become a Safe Haven for Fertilizer Hoarders: Industries Minister

Federal Minister for Industries and Production, Makhdum Khusro Bakhtyar, held a fertilizer review meeting with the fertilizer industry on Friday.The meeting discussed the current position of the supply chain of urea in the country. Chief Secretary Punj…

Economy

Tarin Inaugurates Pakistan’s First Professional Clearing Member for Capital Markets

In a landmark achievement in Pakistan’s capital market landscape, Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Friday formally inaugurated the first Professional Clearing Member (PCM) at CDC House in Karachi.Speaking at the occ…

Economy

Pakistani Companies Sign MoUs Worth Millions at the Single Country Exhibition in Nigeria

The Single Country Exhibition under the “Look Africa Policy” of the Ministry of Commerce was organized in Lagos, Nigeria, from 24-25 November 2021. The Expo was jointly inaugurated by Governor of Lagos State, Babajide Sanwo-Olu, along with Federal Mini…

Economy

Rupee Nears All-Time Low Against the US Dollar

The Pakistani Rupee (PKR) has reported losses against the US Dollar (USD) once again and depreciated 48 paisas against the greenback in the interbank market. It hit an intra-day low of Rs. 176.55 against the USD during today’s open market session.The l…

Economy

Daraz Eyes Expansion to Compete Against Amazon

Pakistan’s leading e-commerce retail platform Daraz expects to host 300,000 small to medium enterprises (SMEs) in the next two years as the company looks to strengthen its position in the domestic market in the face of prospective competition from the …

Economy

SEZs Can Play Major Role in Economic Growth: SBP Study

As Pakistan enters the second phase of the China-Pakistan Economic Corridor (CPEC), the Special Economic Zones (SEZs) can play a pivotal role in attracting investment and promoting industrialization, increased market accessibility, and regional connect…