Business
Pakistan’s Business Confidence Shows Signs of Recovery: OICCI Survey
Business Confidence Rises Despite Economic Challenges The Overseas Investors Chamber of Commerce and Industry (OICCI) has unveiled the findings of its latest Business Confidence Index (BCI) Survey, conducted during October and November 2024. The results indicate a remarkable improvement in Pakistan’s business environment, with the index climbing by 9 percentage points since the last survey […]
Pakistan Airports Functioning Smoothly, Says PAA Amid Delay Rumors
Amid reports of extended delays for international travelers at Islamabad International Airport (IIA), the Pakistan Airport Authority (PAA) has confirmed that airport operations remain unaffected nationwide. PAA Refutes Delay Allegations The PAA spokesperson addressed the circulating reports, categorically denying claims of 72-hour delays at IIA or any other airport in the country.“All operations at Pakistan’s […]
Pakistan Records $349 Million Current Account Surplus in October 2024
Pakistan’s economic performance saw a positive shift in October 2024, as the country recorded a current account surplus of $349 million, according to data from the State Bank of Pakistan (SBP). This marks the third consecutive month of surplus, driven by a rise in exports and remittance inflows. In contrast, the same month last year […]
Pakistan Textile Exports Surge by 5.37% in July-August 2024
Pakistan’s textile industry recorded a 5.37% increase in exports during July-August 2024, totaling $2.915 billion, up from $2.766 billion in the same period last year. The Pakistan Bureau of Statistics (PBS) highlighted this growth across several categories, showcasing the resilience of the industry despite global challenges. Key categories driving the export growth include cotton cloth, […]
Shaza Fatima Khawaja Announces Nationwide e-Rozgar Centres for Youth Empowerment
In a major development aimed at empowering Pakistan’s youth, Minister of State for Information Technology and Telecommunication, Shaza Fatima Khawaja, has announced the establishment of e-Rozgar centres across the country. Speaking at the National Youth Convention, the minister outlined the government’s plan to launch these centres through public-private partnerships, with the goal of equipping young […]
Inner Drive: Unveiling the Journey of Innovation and Empowerment in the inDrive Documentary
How does a startup, emerging from regions distant from the global tech hubs, achieve unicorn status? The inDrive documentary sets out to explore this question and more, delving into the profound evolution of the company and the relentless pursuit of purpose and significance that propels its progress. In an exclusive revelation, the inDrive documentary provides […]
Pakistan and Saudi Arabia Aim for Closer Economic Ties
Pakistan and the Kingdom of Saudi Arabia are set to strengthen their economic and trade ties, paving the way for increased business integration between the two nations. This agreement, reached during a meeting between Saudi Ambassador Nawaf bin Saeed Al-Malkii and Pakistan’s Caretaker Minister for Interior and Commerce Dr. Gohar Ejaz, promises exciting opportunities for […]
Pakistan’s SMEs Get a Boost with First-Ever Credit Guarantee Company
Small and medium-sized enterprises (SMEs) in Pakistan have a reason to celebrate! The Finance Ministry has launched the National Credit Guarantee Company Limited (NCGCL), the country’s first-ever credit guarantee company dedicated to supporting their growth. Financial Lifeline for SMEs: This revolutionary initiative aims to address the long-standing challenge of limited financial access for SMEs. Pakistan’s […]
New Raast P2M Service Simplifies Digital Payments for Businesses
The State Bank of Pakistan (SBP) has launched a new Raast Person-to-Merchant (P2M) payment service, making it easier for businesses to accept digital payments. This move is expected to significantly boost digital payment adoption in Pakistan. Seamless Payment Options: Merchants can now accept payments through various modes, including QR codes, mobile phone numbers (Raast Alias), […]
22 YEARS OF YOUNG LEADERS CONFERENCE. NEXT IS NOW, OR NEVER!
[Karachi, 22nd September, 2023] – The Young Leaders Conference (YLC) proudly enters its 22nd year with an inspiring theme, “Next is now, or never.” Over 220 energetic participants from across Pakistan will gather at Karachi’s Movenpick Hotel for a 6-day event featuring leadership training, influential speakers, and skills workshops. YLC’s founders, Kamran Rizvi, Team SoL, […]