Category: Latest Business News

Pakistan decides to register pink salt as GI

Pakistan decides to register pink salt as GI

ISLAMABAD-Pakistan, after registering Basmati rice, decided to register pink salt from the country’s Salt Range as the Geographical Indication (GI). “To prevent unauthorized use of Pakistan Geographical Indications (GI) by other countries, a meeting was held with the IPO Pakistan at the Ministry of Commerce (MOC). GI registration of products from various regions of Pakistan […]

Pakistan to reach at 1.5% growth rate in current year: IMF

Pak to reach at 1.5% growth rate in current year: IMF

Citing negative growth of 0.4% for the 2019-20 fiscal year, the International Monetary Fund (IMF) achieved 1.5% of Pakistan’s GDP growth rate for the current year 2020-21 on Wednesday. However, with the expectation that the recovery in economic activity will help improve the growth trajectory after overcoming the COVID-19 pandemic, the incumbent government envisioned a […]

Allied Bank partners with Infobip to offer WhatsApp banking

Allied Bank partners with Infobip to offer WhatsApp banking

Lahore-Allied Bank, one of Pakistan’s largest commercial banks, announced the addition of WhatsApp to customer communication channels in collaboration with global cloud communications provider Infobip. The move was prepared to strengthen the Bank’s digital presence and to provide customers with universal banking services that meet today’s connected consumer expectations. Allied Bank aims to increase customer […]

FIEDMC completing high valued projects on priority basis

FIEDMC completing high valued projects on priority basis

Faisalabad – FIEDMC plays a vital role in completing high-value projects primarily. Mian Kashif, president of FIEDMC, spoke with Chinese Ambassador Nong Rong, saying that FIEDMC is a multi-functional organization that manages multiple industrial sites in the Faisalabad Division, including Pakistan’s most successful industrial area M3 Industrial Estate, Sahianwala, Faisalabad. Speaking with the Ambassador, FIEDMC […]

ECC directs TCP to import 500,000 MTs of white sugar

ECC directs TCP to import 500,000 MTs of white sugar

[On Wednesday, the Cabinet’s ISLAMABAD-Economic Coordination Committee (ECC) directed Pakistan Trading Corporation (TCP) to import 500,000 Tons (Metric Tons) of white sugar as and when needed during the current season. Finance and Revenue Minister Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet. The Ministry of Industry and […]

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