Day: February 3, 2023

Islamabad, February 03, 2023 (PPI-OT):The Pakistan Economy Watch (PEW) on Friday said Pakistan to face default risk for five years as the government is not serious about reducing expenses, increasing investment, and booting exports. Even if Pakistan is saved from bankruptcy due to the IMF this year, its condition will worsen again next year, it […]

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Karachi, February 03, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the dysfunctional energy sector has contributed to the devastation of the country’s economy. 4000 megawatts of electricity are wasted annually in line losses […]

The post Income of $13 billion possible by eliminating load shedding: Mian Zahid Hussain appeared first on AsiaNet-Pakistan.

Islamabad, February 03, 2023 (PPI-OT):Faad Waheed, Acting President, Islamabad Chamber of Commerce and Industry (ICCI) said that Pakistan and Syria are two brotherly Islamic countries and they can complement each other’s economy in many fields, therefore, they should focus on promoting trade and economic ties to achieve mutually beneficial outcomes. He said that the bilateral […]

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Karachi, February 03, 2023 (PPI-OT):The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 2, 2023, approved the Bank’s financial results for the year ended December 31, 2022. The Bank posted a profit after-tax growth of 28.1% compared to last year, standing at Rs. 18.206 billion. This translates into earnings […]

The post Bank Alfalah Kept Up Its Growth Trajectory in 2022 appeared first on AsiaNet-Pakistan.

Islamabad, February 03, 2023 (PPI-OT):OPPO leads the way for a smart future by shaping its technology for the emerging concept of digitization. To do this, OPPO showcased its ground-breaking technologies of tomorrow at the Future Fest Tech Expo in Lahore. OPPO’s booth recorded an overwhelming footfall of over 50,000 visitors who were excited for a […]

The post OPPO Leads the Smart Future through its Innovation led Technology Showcased in Pakistan appeared first on AsiaNet-Pakistan.

Karachi, February 03, 2023 (PPI-OT):Members of a delegation from Pakistan Automobile Spare Parts Importers and Dealers Association (PASPIDA), while expressing deep concerns over stuck up containers and non-issuance of LCs, stated that the situation has triggered severe crises for the automobile sector as it has been discouraging imports through legal channels and paved way for […]

The post Blocked imported consignments pave way for massive smuggling of automobile spare parts: PASPIDA appeared first on AsiaNet-Pakistan.