• Pakistan Receives Large International Orders for Export of Face Masks

    According to Abdul Razaq Dawood, Pakistan has received a large number of orders for face masks from different parts of the world including US, Canada and Europe. Advisor to the Prime Minister on Commerce and Investment Abdul Razaq Dawood said that he has received information that some exporters have obtained large orders for face masks…

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  • TCL Raises the Bar with its TCL 10 Smartphone Series

    TCL, the second-largest LED TV brand in the world dazzles with its newly launched TCL 10 series. Well-known in the electronic appliances department, TCL 10 series consists of TCL 10 Pro, TCL 10L and TCL 10 5G, which are fully-equipped with stunning features. With these unique features, the TCL 10 series is engineered to meet…

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  • Foodpanda Partners With Brandverse To Ease Grocery-Shopping With E-commerce

    Brandverse, Pakistan’s largest, fastest and most automated production studio for e-commerce product content has signed a long-term partnership agreement with foodpanda to provide data and content for their recently launched and rapidly expanding grocery delivery service, foodpanda shops. Brandverse will provide foodpanda access to the largest and fastest-growing catalog of FMCG products, delivered in real…

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  • NBP & BoP Record a Drop in Profitability During in Q1 2020

    National Bank of Pakistan (NBP) and Bank of Punjab (BoP), the two public sector banks, could not sustain growth in profitability which declined during the first quarter of 2020. The profit of the banks was down due to the provisioning of loans in the economic slowdown in the prevailing situation. National Bank of Pakistan NBP…

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  • Pakistan’s Current Account Deficit Shrinks by 70% in 10 Months

    The current account deficit has contracted significantly by over 70 percent in the first ten months of the current financial year. According to the State Bank of Pakistan (SBP), the current account deficit decreased to $3.343 billion during the period of July to April FY20 as compared to $11.449 billion recorded in the similar period…

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  • Price Monitoring Committee Asks Provinces to Maintain Affordable Prices for Essential Items

    The National Price Monitoring Committee (NPMC) has called on concerned authorities as well as provincial governments to coordinate their efforts to monitor the provision of essential food items at affordable prices. The committee also asked the Competition Commission of Pakistan to check anti-competitive practices and take prudent administrative measures to check them. It stressed the…

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May 2020
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Yes, it is true that the Business Observer does what its name reveals, means covering the news from all the industries, which are putting their efforts into accelerating the economy of Pakistan.

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