Business

The Central Directorate of National Savings (CDNS) on Saturday achieved the target of issuing Rs 950 billion fresh bonds in the last 10 months of current fiscal year 2021-22 from July 1st to April 30. The CDNS has set an annual gross receipt target of Rs 980 billion from July …

The Oil and Gas Development Company Limited (OGDCL), in collaboration with Al-Shifa Trust Eye Hospital, recently held 19 eye camps in all four provinces where around 56,565 underprivileged patients were provided free of cost treatment. At the camps arranged under the Corporate Social Responsibility (CSR) initiatives, as many as 3,168 …

The export of pharmaceuticals goods from the country has witnessed a decrease of 3.25 percent during the first three quarters of financial year (2021-22) as compared to the corresponding period of last year. Pakistan exported pharmaceutical products worth US $200.529 million during July-March (2021-22) as compared to the export of …

Federal Minister for Commerce and Investment Syed Naveed Qamar Saturday directed the officials concerned to thoroughly review the European Union’s GSP scheme and other bilateral trade agreements with different countries to safeguard the interests of Pakistani business community. He issued the directives while presiding over a meeting here at the …

The Central Development Working Party (CDWP) has cleared three development projects worth 15.7804 billion, while recommending to the National Economic Council (ECNEC) for approval during its meeting held on Thursday. The CDWP considered seven projects under the chairmanship of Deputy Chairman Planning Commission Dr Mohammad Jahanzeb Khan and accorded two …

A Pakistani expert on agriculture stressed for collaboration with Chinese researchers on the development of modern agricultural machine to enhance yields and profits to farmers in Pakistan. “Slow adoption of mechanization technology has been a key reason for low yields and inefficiencies in agriculture in Pakistan, resulting in lower profit for farmers” …

Although the economic recovery is underway, the international developments and persistent high domestic inflation might impact domestic economic activities, says Monthly Economic Update and Outlook, April 2022 released here on Friday. “The domestic and international scenario is changing over the course of time. Thus, inflationary, and external sectors risks are …

Pakistan earned US $508.015 million by providing different transport services in various countries during the first eight months of financial year (2021-22). This shows growth of 26.71 percent as compared to $400.940 million earned through provision of services during the corresponding period of fiscal year (2020-21), Pakistan Bureau of Statistics …

ISLAMABAD, Apr 28 : Oil and Gas Development Company Limited (OGDCL) on Thursday announced the financial results for the third quarter of the current fiscal year ended on March 31, 2022, posting a profit of Rs 112.044 billion. “Net sales revenue clocked at Rs 240.267 billion translating to profit after …

ISLAMABAD, Apr 28 :The Finance Ministry here on Thursday notified Economic Advisory Council (EAC) to review and formulate economic policies in a more holistic manner. “The Prime Minister has been pleased to constitute the Economic Advisory Council (EAC). The EAC shall be chaired by the Prime Minister,” according to the …