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Daily Archives: November 26, 2021

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…

PSX Lists First GEM Board Company

In a watershed development at Pakistan Stock Exchange (PSX), Pak Agro Packaging Limited (PAPL) has become the first company to be listed on PSX’s Growth Enterprise Market (GEM) Board.The GEM Board is a listing platform created to facilitate growth ente…

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…

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…

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 …

Sports Exports Increase by 20% in First Four Months of FY 2021-22

Pakistan’s total exports of sports equipment have registered an increase of 20.73% in the first four months of the ongoing fiscal year as compared to the same period last year.According to the data issued by the Pakistan Bureau of Statistics (PBS), the…

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…