Tue, 21-Oct-2025

Pakistan needs 7% GDP growth to ease debt burden

Mian Anjum Nisar

KARACHI: The Pakistan government should take measures to achieve an annual 7 per cent GDP growth rate, which will not only help reduce the debt burden but also create job opportunities, said Mian Anjum Nisar, chairman of the Businessmen Panel. “There is a need for a reform agenda to achieve 7 per cent economic growth … Read more

Indonesia, Iran diplomats inaugurate Consumer Products exhibition at Expo Centre

exhibition

KARACHI: Counsel General of Indonesia Dr June Kuncoro Hadiningrat has said that the convention of an international exhibition in Karachi post Covid would further promote the bilateral relations between two countries. He was speaking at the inauguration of the third three-day International Consumer Products Exhibition at Expo Centre, organised by the Ecommerce Gateway on Friday. … Read more

Large-Scale Manufacturing grows 37% in May, 14.56% in 11 months

ISLAMABAD: The Large-Scale Manufacturing (LSM) production grew 36.84 per cent on a year-on-year basis during the month of May 2021, compared with the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported on Wednesday. The LSM Quantum Index Number (QIM) was recorded at 139.55 points during May 2021 against 101.98 points … Read more

Large scale manufacturing posted growth of 9.1% in January, Hammad Azhar

Hamad Azhar

Large Scale Manufacturing (LSM) has faced a growth of 9.1 percent in January, federal Minister for Industries and Production Hammad Azhar said on Tuesday. He announced in a tweet on Tuesday that the sustained and robust growth in the industry is expected to lift economic growth beyond earlier forecasts. Large scale manufacturing has posted a … Read more