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Foreign exchange rates

KARACHI, Jan 13 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Tuesday. CONVERSION RATES FOR JANUARY 13, 2026 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS) SBP SETTLEMENT VALUE DATE JANUARY 15, 2026      USD      279.9743      GBP  […]

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SMEDA briefs businessmen about business development

LAHORE, Jan 12 (APP):Small and Medium Enterprises Development Authority (SMEDA) apprised the local businessmen about the business development services of SMEDA including pre-feasibilities, planning and taxation to ensure success of an SME. A two-member team of experts Saddam Qazi and Aamir Tariq informed the businessmen at the SMEDA stall at the SME Finance & Banking […]

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PTEA demands structural reforms for economic growth

FAISALABAD, Jan 12 (APP):Pakistan Textile Exporters Association (PTEA) has demanded the government to undertake structural reforms to restore competitiveness and stimulate economic growth. In a statement here on Monday, PTEA Chairman Sohail Pasha underscored the critical role of the textile sector and said that it contributes significantly to country’s GDP and employment. He said that […]

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PM-led reforms to facilitate industry, enure EoDB, boost exports: LCCI

LAHORE, Jan 12 (APP):Lahore Chamber of Commerce and Industry (LCCI) on Monday welcomed the reform proposals initiated on the directives of Prime Minister Shehbaz Sharif to improve the ease of doing business (EoDB) and rationalise energy and trade tariffs, terming them essential for accelerating export-led growth and reducing Pakistan’s reliance on external financial assistance. LCCI […]

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Economic indicators show improvement amid government economic reforms: Ahsan Iqbal

ISLAMABAD, Jan 12 (APP): Federal Minister for Planning Ahsan Iqbal announced on Monday that economic indicators in the country have shown significant improvement, attributing this positive trend to ongoing economic reforms and stabilization policies implemented in December 2025. During the launch of the “Monthly Development Report, January 2026,” Iqbal revealed that despite the challenges posed […]

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Promoting SMEs key to unlock growth, employment opportunities: SAPM Haroon Akhtar

KARACHI, Jan 12 (APP):The Special Assistant to Prime Minister for Industries and Production Haroon Akhtar Khan, assuring government support to the promotion of SME sector on Monday, highlighted the responsive policies and targeted facilitation to unlock growth and employment opportunities in the country. “SMEs form the backbone of our industrial ecosystem. Supporting them through responsive […]

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Collaborative efforts imperative to ensure food security: experts

FAISALABAD, Jan 12 (APP):The experts said that collaborative efforts on the part of academia, research, extension, farming community and industry with integrated approach are imperative for ensuring food security. They were addressing a meeting of Regional Agriculture Forum Central Punjab at University of Agriculture Faisalabad (UAF). UAF Vice Chancellor Prof Dr Zulfiqar Ali presided over […]

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FDA directed to ensure financial discipline

FAISALABAD, Jan 12 (APP):Director General (DG) Faisalabad Development Authority (FDA) Muhammad Asif Chaudhary ordered to ensure financial discipline across all FDA departments, emphasizing that there must be complete transparency in accounting entries. Assigning monitoring responsibilities to Additional Director General (ADG) Qaiser Abbas Rind here on Monday, the DG said that income and expenditure details in […]

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Chinese EV company’s delegation visit BOI to explore investment opportunities in Pakistan

ISLAMABAD, Jan 12 (APP):The Chinese Chaoniu (EV) electric motorcycle company’s visiting delegation explored the investment and localization opportunities in Pakistan Following the Prime Minister–led Pak–China B2B Investment Conference held in Beijing in September 2025, a distinguished three-member delegation from Shenzhen-based EV technology firm Chaoniu (Electric Motorcycle) visited the Board of Investment (BOI) to explore opportunities […]

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53rd CTP probationary officers of IRS visit FBR headquarter

ISLAMABAD, Jan 12 (APP):Nine probationary officers of the Inland Revenue Service (IRS) from the 53rd Common Training Programme (CTP), undergoing training at the Civil Services Academy (CSA), Lahore, visited the Federal Board of Revenue (FBR) Headquarters as part of their Inland Study Tour. The visit aimed to familiarize the newly inducted officers with the organizational […]