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The government targets exports worth $100 billion in cooperation with the business sector – Trendy Blogger

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The government targets exports worth 0 billion in cooperation with the business sector – Trendy Blogger

Federal Minister for Industries and Production Rana Tanveer Hussain urged the business community to target exports worth $100 billion over five years, exceeding the government’s target of $60 billion. He stressed the importance of cooperation between the government and the business sector to achieve economic renaissance and sustainable growth. Addressing the Lahore Chamber of Commerce … Read more

Pakistan intends to issue panda bonds by June with the aim of attracting Chinese investments worth $200 million: Aurangzeb – Trendy Blogger

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Pakistan intends to issue panda bonds by June with the aim of attracting Chinese investments worth 0 million: Aurangzeb – Trendy Blogger

Islamabad: Pakistan is set to issue panda bonds by June 2025 with the aim of raising nearly $200 million in investments from Chinese investors, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb said on Sunday. In an interview with TVB News in Hong Kong, he explained that the bonds were part of Pakistan’s broader … Read more

Pakistan and China sign a memorandum of understanding worth $250 million in the medical equipment sector – Trendy Blogger

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Pakistan and China sign a memorandum of understanding worth 0 million in the medical equipment sector – Trendy Blogger

Pakistan and China signed MoUs worth around US$250 million to enhance cooperation in the medical equipment and surgical instruments sector at a business matchmaking conference in Beijing. Silk Road Assistance Industrial Internet platform, which specializes in cross-border business advisory services, has concluded agreements with Pakistani dental and surgical instrument manufacturer Sawwat and Chinese pharmaceutical company … Read more

More than 33,500 tax cases worth Rs. 4.7 trillion is still pending in the courts – Trendy Blogger

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More than 33,500 tax cases worth Rs. 4.7 trillion is still pending in the courts – Trendy Blogger

Islamabad: More than 3,522 tax related cases worth Rs. 4.7 trillion remains unresolved in courts and tribunals across the country. This came during a review meeting chaired by Prime Minister Shehbaz Sharif in Islamabad today. The Prime Minister ordered immediate action in these cases. He directed the Federal Board of Revenue (FBR) to employ reputable … Read more

Cherat Packaging agrees to acquire second extrusion plant worth Rs 1.4 billion – Trendy Blogger

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Cherat Packaging agrees to acquire second extrusion plant worth Rs 1.4 billion – Trendy Blogger

Cherat Packaging Limited announced that its Board of Directors has approved the acquisition of a second extrusion plant, including an insulating film extrusion line and associated equipment, at an estimated cost of Rs 1.4 billion. “We are pleased to learn that the Board of Directors of the company has approved the acquisition of a second … Read more

Afghanistan stands out as the largest buyer of Russian wheat flour, with imports worth $80 million – Trendy Blogger

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Afghanistan stands out as the largest buyer of Russian wheat flour, with imports worth million – Trendy Blogger

Afghanistan became the largest importer of Russian flour last year, doubling its purchases, according to Russia’s state agricultural export agency, Agroexport. The agency stated that Afghanistan imports flour due to insufficient local production capacity to meet demand. The increase in imports came as Russia strengthened its relations with the Afghan Taliban government. Last month, the … Read more

The World Bank approves additional financing worth $450 million for the reconstruction of flood-affected areas in Sindh – Trendy Blogger

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The World Bank approves additional financing worth 0 million for the reconstruction of flood-affected areas in Sindh – Trendy Blogger

The World Bank has approved additional financing of $450 million for the Sindh Flood Emergency Housing Reconstruction Project to support the reconstruction of resilient housing for people in Sindh province affected by the 2022 floods. According to a World Bank press release, the new support will build on the original $500 million project, approved in … Read more

China plans to issue $411 billion worth of special treasury bonds next year – Trendy Blogger

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China plans to issue 1 billion worth of special treasury bonds next year – Trendy Blogger

Chinese authorities have agreed to issue three trillion yuan ($411 billion) in special treasury bonds next year, which would be the highest ever, as Beijing steps up fiscal stimulus to revive the faltering economy, two sources said. The 2025 sovereign debt issuance plan would be a sharp increase from 1 trillion yuan this year, and … Read more

The Ministry of Power is seeking urgent release of support worth Rs 400 billion to reduce circular debt – Trendy Blogger

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The Ministry of Power is seeking urgent release of support worth Rs 400 billion to reduce circular debt – Trendy Blogger

The Ministry of Energy issued an urgent appeal to release 400 billion rupees in support by the end of December to prevent a slide in circular debt management, a key goal agreed with the International Monetary Fund. News I mentioned. So far, the Finance Ministry has released only 82 billion rupees out of 1,229 billion … Read more

PM reviews $70 million worth of B2B agreements with Chinese companies, urges faster reforms – Trendy Blogger

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PM reviews million worth of B2B agreements with Chinese companies, urges faster reforms – Trendy Blogger

Prime Minister Muhammad Shehbaz Sharif was informed that more than 200 business-to-business (B2B) business agreements, along with memorandums of understanding worth $70 million, have been signed with several Chinese companies, according to APP. The Prime Minister chaired a review meeting to assess the progress of ongoing projects and various initiatives under the Board of Investment, … Read more