Finance Minister Muhammad Aurangzeb has directed accelerated efforts to finalise the proposed policy framework to connect philanthropic contributions with the underserved segments of society. The minister issued the direction while chairing a meeting of the Prime Minister’s Committee on Social Impact Financing at the Finance Division on Monday. The session focused on advancing innovative financ
The International Cotton Association (ICA) has placed at least 84 Pakistani textile mills on the defaulter’s list and prohibited them from trading in the world cotton markets. The ICA website revealed on Monday that 84 Pakistani textile companies could not honour their cotton purchase agreements, and association members were asked not to enter into any deal with them. Most of these units are
Finance Minister Muhammad Aurangzeb assured a high-level delegation of US investors and business professionals on Monday that the government is committed to implementing economic reforms. The delegation put together by Ambassador Ali Jehangir Siddiqui comprised entrepreneurs, business practitioners, and professionals in technology, academia, and finance. Key members included Auren Hoffman, Chie
Robust economic data amid an easing of political noise, the stock market maintained its record-setting streak by turning in a stellar performance on extensive mutual fund buying that sent the index soaring by a record point-wise weekly gain of 7,697 points in the outgoing week. Arif Habib Ltd said the market surged to a record high of 109,478 points, driven by improved inflation data, which dro
Better internet access has opened doors to new possibilities for Pakistan’s youth. Young freelancers use these opportunities to earn a livelihood for their families. From technology companies in major cities to remote workers using their 4G internet in villages, Pakistanis are excelling and competing with global talent. As of 2024, our freelancers rank 4th globally with over 400 million annual rem