Pakistan’s Economic Journey: From Crisis to Progress During a special address at a Pakistan Business Council event, Deputy Prime Minister Ishaq Dar reaffirmed that Pakistan’s economy is regaining strength, despite past difficulties. Dar reflected on 2013’s challenges, where the country faced:⚡ Unprecedented load shedding🔫 Terrorism on the rise📉 A weak financial system on the verge […]
Driving Real Estate Growth: GT Properties Brings Expertise to Etihad Town Investment
In an exciting development for the real estate sector, GT Properties, the trusted strategic salespartner of Etihad Town, is now making its mark in Lahore & Sialkot. Known for its innovative, secure, andprofitable investment solutions in Lahore, GT Properties is bringing its wealth of expertise to thisthriving city. As the exclusive sales partner for Etihad […]
PAA Dismisses Reports of Delays, Confirms Normal Airport Operations
The Pakistan Airport Authority (PAA) has dismissed rumors of extended delays for international passengers at Islamabad International Airport (IIA) and confirmed that airport operations remain normal nationwide. Addressing the Claims In recent days, reports surfaced alleging that international passengers were facing delays of up to 72 hours at IIA. Responding to these claims, the PAA […]
October 2024 Sees Pakistan’s Current Account in Surplus by $349 Million
For the third month in a row, Pakistan has achieved a current account surplus, recording $349 million in October 2024, as reported by the State Bank of Pakistan (SBP). This marks a stark contrast to October 2023, which had a deficit of $287 million, showcasing considerable improvement in the country’s external financial health. Strong Export […]
Textile Exports of Pakistan Grow by 5.37% in First Two Months of FY2024-25
Pakistan’s textile exports have seen a 5.37% increase in the initial two months of FY2024-25, with exports reaching $2.915 billion, compared to $2.766 billion during the same period last year, according to the Pakistan Bureau of Statistics (PBS). The knitwear segment showed impressive growth, with exports increasing by 7.15% to $820.585 million. Cotton cloth exports […]
State Minister for IT Shaza Fatima Khawaja Unveils e-Rozgar Centres to Boost Youth Employment
In a significant move to empower the youth and strengthen Pakistan’s digital infrastructure, Minister of State for Information Technology and Telecommunication, Shaza Fatima Khawaja, has announced the establishment of e-Rozgar centres across the country. The initiative, unveiled during the National Youth Convention, aims to provide young Pakistanis with the skills and opportunities needed to thrive […]
Pakistan and Saudi Arabia Handshake on Enhanced Trade Ties
Good news for businesses! Pakistan and Saudi Arabia are joining forces to strengthen their economic and trade relationship, paving the way for deeper business integration. This exciting development emerged during a crucial meeting between Saudi Ambassador Nawaf bin Saeed Al-Malkii and Pakistan’s Caretaker Minister for Interior and Commerce, Dr. Gohar Ejaz. With both sides actively […]
A Boost for Pakistan’s SMEs: National Credit Guarantee Company Launched
Good news for Pakistan’s small and medium-sized enterprises (SMEs)! The government has launched the National Credit Guarantee Company Limited (NCGCL), the country’s first-ever credit guarantee company dedicated to providing financial support to SMEs. This groundbreaking initiative aims to address a critical challenge facing Pakistani SMEs: limited access to credit. With private credit for SMEs at […]
Raast P2M Service Launches to Boost Digital Payment Acceptance in Pakistan
The State Bank of Pakistan (SBP) has launched a new Raast Person-to-Merchant (P2M) payment service to make it easier for businesses to accept digital payments. This will be a significant boost for the digital economy in Pakistan, as more businesses will be able to offer their customers a convenient and secure way to pay. Key […]
PTA conducts raids against illegal Internet service providers
The Pakistan Telecommunications Authority (PTA) has conducted raids against illegal internet service providers (ISPs) in Samundri, Khiderwala, and Mureedwala, in partnership with the Federal Investigation Agency (FIA). During the raids, two individuals were apprehended and illegal ISP equipment was seized, including an unlawful wireless point-to-point (P2P) link or antenna. The PTA attributed the success of […]