Dawn: Pakistan’s services export rises 24pc in July-October

Services export grew by over 24.25 per cent year-on-year in the first four months of the current fiscal year with a major contribution from the highest-ever growth in export of IT services, showed data released by the Pakistan Bureau of Statistics (PBS) on Friday. In...

Dawn: Addition of 900MW in power generation capacity for Karachi.

A Dawn Article. KARACHI: Industries and Production Minister Makhdum Khusro Bakhtiar has said that addition of 900MW in power generation capacity for Karachi is a gift for people and the industries. He said Prime Minister Imran Khan will inaugurate K-Electric’s Bin...

Robotic arm makes waves at COMSTECH-KU exhibit

A Tribune Article. KARACHI: A Karachi-based prosthetics company has broken a world record by fitting a multi-grip bionic arm on a four-year-old child. Being the first private, non-profit company in the country to design and produce bionic arms in 2016, Bioniks...

Dawn: EU-Pakistan business forum for SMEs launched

A Dawn Article. ISLAMABAD: The first-ever EU-Pakistan Business Forum for Small and Medium Enterprises was launched on Wednesday which is aimed at boosting trade with countries in the European Union. The objective of the forum is to provide opportunities to both EU and...

The News: Inflation remains unchanged at 8.4% in Pakista.

A International News Article. KARACHI: Consumer Price Index (CPI)-based inflation was recorded at 8.4% on a year-on-year basis in August 2021, compared to 8.41% in July 2021 and 8.21% in August 2020, according to the data released by the Pakistan Bureau of Statistics...

TPL Plans Pakistan’s Biggest REIT to Gain From Construction Push

A Bloomberg Article. A unit of Pakistan’s TPL Corp. plans to raise as much as $500 million through a private real estate investment trust, marking one of the largest such fundraisings in the nation’s history. TPL REIT Management Co. is seeking to raise 60%...

Observer: UAE real estate firm announces investment in Pakistan

A Pakistan Observer Article. KARACHI – A United Arab Emirates-based real estate company has announced to invest $30 million in Pakistan amid Prime Minister Imran Khan-led government’s special packages for construction sector. Diyár Homes Limited will make the...

The News: IMF releases $2.75 billion to Pakistan

A News Article. ISLAMABAD: The International Monetary Fund (IMF)  has released $2.75 billion  to Pakistan, the State Bank of Pakistan (SBP) confirmed receiving the amount  on Tuesday.  The amount has been transferred as part of Special Drawing...

Let’s celebrate the Honorary Consuls of Finland and Pakistan!

Over this summer Finland and Pakistan have been celebrating the 7 Decades of bilateral Diplomatic Relations, starting in 1951. During this interesting journey of 70 years, the role of Honorary Consuls of both countries has been quite significant already since 1950 –...