SMEs

16 minutes Read 749 views

Small and Micro-enterprises benefit from the launch...

November 10, 2016

In late October 2016, the government announced the signing of the Shareholder’s Agreement for the establishment of Pakistan Microfinance Investment Company (PMIC). The company has been set up by the Pakistan Poverty Alleviation Fund (PPAF), with a sizable grant of GBP 15 million from the United Kingdom Department of International Development (through Karandaaz Pakistan) and […]

7 minutes Read 458 views

EU to support SMEs in Balochistan

September 20, 2016

Balochistan government has signed different deals, of around $256 Million for five different development projects in Balochistan, with World Bank, European Union and German Banks. The projects between Pakistan and EU were signed by Mr Tariq Bajwa, Secretary Economic Affairs Division Pakistan and Stefano Gatto, Chargé d’Affaires. These projects are worth around €59m. According to […]

9 minutes Read 372 views

LCCI -developing the environment for entrepreneurial success

June 15, 2016

The Chamber of Commerce plays a key role in supporting businesses and the private sector at all levels of the economy. Over the years we have seen that fueling the private sector development drives economic growth. The chambers’ across the globe make significant contributions in developing strategies for sustainability of businesses and job creation. The […]

4 minutes Read 469 views

Pakistan: the next big opportunity for the...

June 11, 2016

Stefano Pontecorvo, the Italian Ambassador to Pakistan, recently spoke at a seminar in Rome (Italy) titled “Investment opportunities in Pakistan”. He expressed the business interests of 40 Italian companies that are willing to explore opportunities in the Pakistani market. According to the Punjab Board of Investment and Trade (PBIT) spokesperson, the event was attended by […]

9 minutes Read 420 views

HEC launches a PKR 2.91 billion fund...

June 11, 2016

Responding to the growing startup trend in Pakistan, the government announced a PKR 2.91 Billion fund to accelerate the growth and innovation process for startups. The establishment of the fund will be done through Higher Education Commission of Pakistan (HEC). The aim of the fund is to help innovative, knowledge intensive initiatives to secure funding […]