CCOE approves circular debt mitigation plan

The CCOE approved debt mitigation plan which covers the period FY21 to FY23 aims to cut the flow of circular debt from the current...

GGPL to invest $94.04 million in virtual LNG pipeline from Gwadar

According to a senior GGPL executive, Gwadar GasPort Limited (GGPL) has decided to invest $94.04 million in a ‘virtual pipeline’ to transport imported liquefied...

Moody’s says most economies won’t be able return to pre-pandemic activity levels until 2022

In the year since the World Health Organisation (WHO) declared COVID-19 a pandemic on March 11, 2020, the virus has disrupted the global economy...

SECP orders for formulation of gender diversity policies

According to the circular number 7 of 2021 issued by the SECP Saturday, the gender diversity in decision making usually results in enhanced financial...

Nestlé making women in rural Pakistan financially secure

Throughout the rural areas of developing countries, women have been providing an essential monetary contribution to family survival and wellbeing. However, in almost every...

Govt gets Nepra bill cleared to revive IMF program

After facing tough resistance from the opposition, the government was finally able to get the Nepra bill cleared which would allow it to revive...

Vocational training essential for prosperity: Chairman FIEDMC

Addressing inaugural ceremony of a vocational training institute at Garments City, Chairman FIEDMC Mian Kashif Ashfaq said that vocational training was imperative for national...

Pakistan’s WBL Index goes up by 25 points

The rise is mainly attributed to reforms introduced by the SECP, enabling women to register a company effectively and promptly, stated a press release....

SBP calls for digitization of payments, financial services

The State Bank of Pakistan (SBP) on Wednesday directed all banks to provide a set of minimum services on internet banking (IB) and mobile...

PIEDMC to establish multi-purpose business center at QABP

Punjab government has approved to set up a multi-purpose business center covering an area of 300,000 square feet equipped with state-of-the-art facilities at Quaid-i-Azam...

KP to get a 300-megawatt hydropower project

The 300MW project is believed to be the biggest-ever power generation plant Khyber Pakhtunkhwa (KP) . The estimated cost of construction for this mega...

Textile sector fears losing orders due to unavailability of cotton yarn

Pakistan Apparel Forum Chairman Jawed Bilwani on Monday said that unavailability of cotton yarn and sudden decrease in the value of rupee against the...
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