SBP Launches SMEConnect Digital Platform to Ease SME Access to Loans
The State Bank of Pakistan (SBP) has introduced SMEConnect, a centralized digital platform designed to make it easier for small and medium enterprises (SMEs) across the country to access financing. Available at https://smeconnect.sbp.org.pk, the platform will serve as a single digital window through which SMEs can submit loan applications to banks…
Weir expresses interest in developing Pakistan’s mineral resources
International mining technology firm Weir has expressed its keen interest in utilizing its global expertise for the development of Pakistan’s mineral resources. This interest was expressed by Director of Weir J.D. Singleton during his meeting with Minister for Petroleum Ali Pervaiz Malik in Islamabad today. During the meeting, matters relating to…
Government Increases Petrol and Diesel Prices
The government has increased the prices of petrol and diesel in Pakistan. According to a notification issued by the Petroleum Division, the price of petrol has been increased by Rs. 1.54 per litre, bringing the new price to Rs. 379.25 per litre. The notification further stated that the price of diesel…
CDWP approves ten projects worth Rs40.9bn
The Central Development Working Party, which met in Islamabad today, reviewed a wide range of development initiatives aimed at strengthening key sectors of the national economy and accelerating the government’s reform agenda. The meeting, which was presided over by Minister for Planning and Development Ahsan Iqbal, approved ten projects worth 40.9…
No shortage of wheat in country: Rana Tanveer
Minister for National Food Security and Research Rana Tanveer Hussain has categorically stated that there is no shortage of wheat in the country. Addressing a news conference in Islamabad today, he said a recent hike in wheat prices has been artificially created. He said, under the directives of the Prime Minister,…
Geopolitical tensions, rising costs threaten global growth outlook: ACCA-IMA survey
Geopolitical instability, rising energy prices and persistent cost pressures are emerging as key risks to global economic growth, despite resilient business activity and improving new orders in Asia-Pacific, according to a survey by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA). The Global Economic Conditions…
