Business.

Lahore (Daily Pakistan Online) To achieve sustainable economic growth and reduce dependence on external debt, Pakistan must adopt a comprehensive strategy that promotes foreign direct investment, stimulates economic development, and modernizes key sectors. According to economist Ashiq Ali Rana, President of the International Lawyers Association, Pakistan can learn from successful …

Lahore: Ejazur Rehman, Chairperson of the Carpet Training Institute (CTI), has called for an analytical study to identify the causes of the decline in Pakistan’s handmade carpet exports. In a statement issued here, he emphasized the need for experts to conduct a comprehensive analysis of the industry’s rise and fall, …

Islamabad (Daily Pakistan Online) Minister of State for Information Technology and Telecommunication Shaza Fatima Khawaja has announced plans to leverage Kazakhstan’s fintech expertise to boost investment in Pakistan and strengthen the economies of both nations through digital payment opportunities. This development comes after a meeting between Khawaja and the Kazakh …

Islamabad (Daily Pakistan Online Punjab) Pakistan’s foreign exchange reserves have seen a slight boost, increasing by $19.1 million in the week ending December 6. As of December 6, the country’s foreign exchange reserves stood at $16.6 billion, according to a statement by the State Bank of Pakistan. A breakdown of …

Pakistan is paving the way for a sustainable, equitable, and interest-free financial ecosystem, according to SECP Chairman Akif Saeed. Speaking at a dinner hosted by the Central Depository Company of Pakistan Limited (CDC), Pakistan Stock Exchange (PSX), and National Clearing Company of Pakistan Limited (NCCPL), Saeed emphasized the remarkable progress …

Karachi (Daily Pakistan Online) Pakistan’s business community has expressed cautious optimism about the country’s economic outlook, despite ongoing challenges. The Overseas Investors Chamber of Commerce and Industry (OICCI) unveiled the results of its Business Confidence Index (BCI) Survey – Wave 26, which showed a significant 9% improvement in overall business …

Pakistan has received a staggering $24.7 billion under the China-Pakistan Economic Corridor (CPEC) projects, with 43 projects already completed, according to the Ministry of Planning. The ministry revealed these details during the question hour in the National Assembly session. Furthermore, eight projects worth over $700 million are currently underway, with …

Islamabad (Daily Pakistan Online) The Asian Development Bank (ADB) has approved a $200 million loan to modernize Pakistan’s electricity distribution system, aiming to ensure a reliable power supply to distribution companies (DISCOs). The loan will finance improvements to the infrastructure of Lahore Electric Supply Company (LESCO), Multan Electric Power Company …