Pakistan's largest shoe exporter, Service Global Footwear Ltd., has planned an initial public offering (IPO) to raise funds from the domestic market to invest in the parent company's tire joint-venture.
Service Global Footwear plans to use the IPO proceeds to buy about 20% stake in a joint venture set up by Service Industries and China’s Chaoyang Long March Tyre Co.
The SEZ MIS Module was approved to facilitate investors to gain admission in zones and ensure transparency in allocation of plots in various SEZs, he added.
The minister was replying to a twitterati who called for modern trains similar to what we see in Europe and the developed world to enjoy the scenic beauty, especially of the northern areas.
On the Kashmir issue, PM Khan said that the Kashmir issue could be resolved only through dialogue.
PM Khan urged the business community of Sri Lanka to participate in the China Pakistan Economic Corridor (CPEC) project, which is a part of China’s Belt and Road Initiative (BRI).
The SBP's statistics revealed that FDI fell significantly by 12.27 percent or $27 million to $192.7 million in Jan 2021 compared to net inflow of $ 219.6 million investment in Jan 2020.
The fresh investment will be used by the company to promote its product development and roll-out the first generation of its IoT based intelligent system
The State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to modernize foreign exchange regulations for facilitating startups, fintechs and exports in Pakistan.
Pakistan's e-commerce retail solution startup, Unity Retail, has successfully raised a six-figure Seed funding round in US dollars led by Boston Equity Partners.
Unity Retail hopes to use this investment for further marketing and product development.