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Monthly Archives: June, 2020

Pakistan’s Textile and Apparel Industry Grew by 4.2% in Last Seven Years

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"Pakistan’s textiles and  apparel exports, at $10.6bn in 2006, grew to only 12.8bn by 2015, a growth rate of 2.1% .Bangladesh’s textiles and apparel exports grew...

Gold surges to historic excessive at Rs 105,100 per tola

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Gold price in Pakistan rose by Rs2,000 to a new peak of Rs105,100 per tola on Wednesday on the back of soaring prices in...

The Next set of CPEC project: The challenges Pakistan will have to overcome: UNDP

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According to the United Nations Development Program (UNDP), Pakistan would have to resolve many obstacles including macroeconomic, legal, and regulatory issues as well as coordination problems to...

The ECC Approved Wheat Import for Private Sectors

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The Cabinet’s Economic Coordination Committee (ECC) has given the go-ahead to the private sector to import wheat into the market to control wheat and flour prices,...

UnionPay, Keenu & Bank Al Habib Launch Contactless Payments in Pakistan

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UnionPay International has announced the inauguration of the UnionPay Quickpass (NFC (Near Field Communication) / Contactless and Host Card Emulation (HCE) on Keenu POS terminals in Pakistan,...

Gold hits all-time high of Rs 102,000 per tola

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Gold shines once again, as it hit all-time high of Rs102,000 per tola (11.66 grams) in Pakistan on Monday after investors relocated capital from...

Senate committee rejects taxpayers profiling, real-time access to information

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The Standing Committee on Finance, Revenue and Economic Affairs, in a meeting, has rejected new clauses of taxpayers profiling and real-time access to information. The...

1.2 million Overseas Workers Expected to Leave Saudi Arabia in 2020

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According to recent estimates released by Jadwa Investment Company, about 1.2 million expat employees are expected to leave Saudi Arabia this year. The report also showed that...

Pakistan’s Housing Finances Remain Underdeveloped

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State Bank of Pakistan (SBP) Governor Dr. Reza Baqir said that Housing financing in Pakistan has not only remained underdeveloped compared to other emerging economies but...

Pakistan Economy Is Expected to Rise by 2% in Next Fiscal Year: ADB

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The Asian Development Bank ( ADB) has projected that Pakistan 's economy will regain some pace and grow at 2% in the upcoming fiscal year 2020-21,...
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