Friday, July 1, 2022
Tags Business

Tag: Business

Business

$1bn mobile phone export target fixed for FY22

News Desk - 0
The government has fixed a mobile phone export target at $1 billion for the current fiscal year linked with the incentives offered to local...
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Business

Food import bill up 22pc in fiscal year’s first month

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Pakistan’s food import bill grew by 22.24 per cent to $647.036 million in July compared to $529.311m of the first month of last financial...
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Business

Airlift secures record $85m in Series B financing

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Pakistani startup Airlift secures $85m in the largest-ever funding round for a Pakistani startup The financing is about twice the size of the largest private...
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Business

SBP introduces SAAF programme to lend to SMEs without collateral

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The State Bank has introduced an innovative initiative to improve access to finance for Small and Medium Enterprises (SMEs) in collaboration with the Government...
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Business

LSMI output grows by 15%

News Desk - 0
The overall output of LSMI (large-scale manufacturing industries) has increased by 14.85% for July-June FY21 compared to July-June FY20. Data released by the Pakistan Bureau...
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Business

Rs44 billion fine issued to sugar industry

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The Competition Commission of Pakistan (CCP) has imposed a record penalty of Rs. 44 billion on the sugar industry for cartelization, price-fixing, and market...
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Business

Pakistan achieves compliance in 35 out of 40 FATF recommendations

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Pakistan’s rating on four more of the 40 technical recommendations of the Financial Action Task Force (FATF) against money laundering and terror financing (AML/CFT)...
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Business

KCCI becomes first chamber to have NADRA e-Sahulat facility for PSW

Arshad Hussain - 0
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra along with Additional Director Pakistan Single Window (PSW) Naveed Abbas Memon Monday...
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Business

Gold, silver maintain stable price in local market

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Gold witnessed no change in prices on Wednesday as the price of 24 karat per tola gold remained static at Rs 110,600, in the...
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Business

Oil prices drop for third day as COVID-19 variant spread to cut demand

News Desk - 0
Oil prices fell for a third day on Wednesday on mounting concerns that the increasing spread of the Delta variant of the coronavirus in...
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