Trade & Industry Archives - Page 66 of 201

EDF Approves Rs 20 Billion Proposals to Boost Export Growth

September 22, 2024September 22, 2024Mrs. Anjum Shahnawaz

Islamabad, September 22, 2024 – In a significant push for Pakistan’s export sector, the Export Development Fund (EDF) has approved 20 key proposals worth Rs 8.5 billion across industries including textiles, agriculture, gems and jewelry, defense, and global branding initiatives. These initiatives aim to drive export growth and enhance Pakistan’s presence on the international stage.

BMG Sweeps KCCI Elections 2024-26

September 22, 2024September 22, 2024Shahnawaz Akhter

Karachi, September 22, 2024 – In a resounding victory, the Businessmen Group (BMG) has once again secured a landmark win in the elections of the Karachi Chamber of Commerce and Industry (KCCI) for the 2024-26 term.

CCP Takes Action Against Misleading Retailer Discounts

September 22, 2024September 22, 2024Mrs. Anjum Shahnawaz

The Competition Commission of Pakistan (CCP) has taken steps to address deceptive discount advertising practices among retailers, issuing notices to 20 brands involved in misleading “up to a percentage” discount offers during their “End of Season Sales.”

Citi Pharma Becomes Pakistan’s First Nutraceutical Exporter to US

September 20, 2024September 20, 2024Faisal Shahnawaz

Lahore, September 20, 2024 — In a historic achievement, Citi Pharma Limited has announced its entry into the U.S. market, becoming Pakistan’s first exporter of nutraceutical products to the United States. The announcement, made in a statement on Friday, marks a significant milestone in the country’s pharmaceutical industry.

Pakistan Plans New Steel Mill in Karachi with Russian Support

September 18, 2024September 18, 2024Mrs. Anjum Shahnawaz

Islamabad, September 18, 2024 – Pakistan is set to establish a new steel mill in Karachi with cooperation from Russia, marking a significant stride in the country’s industrial development.

Pakistan’s Food Exports Surge by 42% in July – August FY25

September 17, 2024September 17, 2024Shahnawaz Akhter

KARACHI, September 17, 2024 – Pakistan’s food exports witnessed an extraordinary 42% growth during the first two months of fiscal year 2024-25, according to data released by the Pakistan Bureau of Statistics (PBS). Food group exports reached a remarkable $1.01 billion from July to August 2024, compared to $711 million in the same period last […]

Pakistan’s Textile Exports Rise 5.37% in First Two Months of FY25

September 16, 2024September 16, 2024Shahnawaz Akhter

Karachi, September 16, 2024 – Pakistan’s textile exports have witnessed a significant growth of 5.37% during the first two months (July–August) of the current fiscal year 2024-25, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday. The country’s textile exports reached $2.92 billion during this period, up from $2.77 billion in […]