Category archives for: Business

Pakistan‚ IMF agree on new debt arrangements

Pakistan and the International Monetary Fund have agreed to sign agreement regarding new debt arrangements. According to Ministry of Finance‚ negotiations between the two sides continued for two weeks‚ which remained successful. Under the proposed agreement‚ IMF will issue over five billion dollars soft term loan to Pakistan. The agreement in this regard will be […]

30 Malaysian companies to attend Expo Pakistan 2013

Pakistan High Commissioner to Malaysia Mr. Shahid Masroor Gul Kiani has said the Malaysian companies are seriously looking to explore business and investment opportunities in Pakistan. “We have spent the last few weeks holding a series of talks with the Malaysian trade officials and the captains of various industries and the response to our offer […]

Pakistani exporters learn of opportunities in U.S. market

Pakistani exporters have learnt about opportunities to sell over 3,500 products duty-free in the United States at a seminar jointly sponsored by the U.S. and Pakistani governments, the US embassy said Thursday.      Exporters from Peshawar, Karachi, Rawalpindi, Islamabad, and the Federally Administered Tribal Areas (FATA) participated in a video seminar that detailed the advantages […]

PML-N to present Rs.3.4 trillion federal budget

The PML-N will present its first federal budget of nearly Rs 3.4 trillion for the fiscal year 2013-14 later on Wednesday. Finance Minister, Ishaq Dar will present the budget in the National Assembly in the afternoon.   PML-N leaders say the National Budget envisages revival economy, overcoming challenges at economic front particularly resolving the energy crisis […]

Finance Minister says road map prepared for economic revival

The government has prepared a road map for economic revival as economy is as big a challenge as terrorism, Finance Minister Ishaq Dar said on Tuesday.  Releasing economic survey at a news conference in Islamabad he said an aggressive plan has been prepared to eliminate the circular debt at the earliest.     He said licenses […]

PML-N gov’t to present first budget on Wednesday

The Pakistan Muslim League (PML-N) government will present its first federal budget for the Fiscal Year (FY) 2013-14 on Wednesday. Finance Minister Ishaq Dar will present the budget in the National Assembly. PML-N leaders say that the new budget focuses on revival of economy‚ energy crisis‚ reducing non development expenditure and to give relief to […]

National Economic Council approves Rs: 1155 billion PSDP approved

The National Economic Council Monday approved 1155 billion rupees development projects including federal Public Sector Development programme of Rs. 540 billion and 615 billion rupees of development projects belonging to the provinces.  It also decided to constitute a committee led by Minister for Planning and Development with Chief Ministers of the Provinces as its members […]

Muhammad Aslam Hayat to join Telenor Pakistan as Chief Corporate Affairs and Security Officer from 8 July 2013

(Islamabad, Pakistan – 3 June 2013) Muhammad Aslam Hayat has been appointed as Chief Corporate Affairs and Security Officer in Telenor Pakistan. He will be joining the company from 8 July 2013.   Muhammad Aslam Hayat is an ICT regulatory professional who is currently working as Centre Director (CEO) of Pacific ICT Regulatory Resource Centre […]

Syntax Communications becomes Edelman’s exclusive affiliate and sole representative in Pakistan

Karachi, May 28, 2013: Syntax Communications, one of Pakistan’s leading PR agencies, has entered into an exclusive affiliate relationship with Edelman, the world’s largest public relations firm. With this exclusive affiliation, Syntax Communications has become the sole representative of Edelman in Pakistan. Through the partnership, Syntax Communications aims to take public relations to the next […]

Pakistan election outcome could augment stability: Standard & Poor’s

Standard & Poor’s Ratings Services said today that Pakistan’s parliamentary election results set the stage for longer-term stability of our ‘B-‘ sovereign credit rating on the country.   Partial results from the elections held May 11 indicate a strong lead for the Pakistan Muslim League (PML-N). The elections were the first in the country’s history […]

ADB provides $99m to improve smaller cities in Sindh

The Asian Development Bank (ADB) and Pakistan Wednesday signed an agreement to invest $ 99.1 million in improving water supply, sanitation, and solid waste management facilitates of 8 smaller cities in Sindh province, the ADB said.   Werner E. Liepach, ADB’s Country Director for Pakistan and Muhammad Shahzad Arbab, Secretary Economic Affairs Division (EAD), Government […]

Let Loose! Designer wear Clothing being Sold Online in Pakistan

Which is your most favorite brand? And, most importantly why? Or don’t tell me if you haven’t had bought any piece of clothing from a branded outlet? Is it because of skyrocketing price tag? As much as it sounds daunting, it isn’t so much in reality. Although online shopping Pakistan has definitely given a way […]

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