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Pakistan Industrial Development Corporation (PIDC) is a state corporation of Pakistan under Ministry of Industries and Production. It was created to set up industries in Pakistan in such fields where the private sector was shy and where large amount of capital outlay with long gestation period was required.
NIB Bank Limited, a Temasek's subsidiary in Pakistan, is a major shareholder of PICIC Insurance Limited with a 30% stake. Temasek Holdings is an investment company owned by the government of Singapore , through which is managed a portfolio of more than US$100 billion, focused primarily in Asia.
Government employees in Pakistan encompass all individuals employed by the government, including both civil and military personnel, who fulfill their duties within federal, provincial, or district areas of the government of Pakistan. Their recruitment and appointment in respective services adhere to the specifications outlined in the 1973 ...
The Industrial Development Bank of Pakistan (IDBP) was established on July 29, 1961, through the transformation of the Pakistan Industrial Finance Corporation (PIFCO). [1] PIFCO, founded in February 1949 with a share capital of Rs. 20 million, was primarily funded by the Central Government (51 percent) and various institutional and individual ...
Pakistan Gems and Jewellery Development Company (PGJDC) is a subsidiary of Pakistan Industrial Development Corporation, Ministry of Industries & Production. The charter of the Company is to enhance the value chain productivity of gems and jewellery industry of Pakistan from Mine to Market. The Company aims to enhance exports through ...
The Industries, Commerce and Investment Department (ICID) is a department of the Government of Punjab in Pakistan. The department promotes industrial development, trade and investment. The department is headed by an elected minister as well as a secretary.
A Pakistani province has issued a flood alert due to glacial melting and warned of heavy loss of life, officials said Saturday. Experts say Pakistan is experiencing heavier rains than normal in ...
According to data of the Pakistan Bureau of Statistics, the Special Investment Facilitation Council (SIFC) was responsible for boosting Pakistan’s exports by 10% (to $30.64 billion) in FY2024. [29] In October, Bloomberg reported that Pakistan's local government bonds in 2024 earned $875 million in overseas inflows, among the highest returns ...