Hernando De Soto, a Peruvian economist, at the invitation of President Gen Peervez Musharraf, delivered a lecture on Monday on ways of providing cheaper finance to Pakistan’s small- and medium-sized enterprises (SMEs).
Commercial banks and development financial institutions (DFIs) are not financing small- & medium-sized enterprises (SMEs) as they are not secured against losses and are insisting on collateral.
A long-term policy is being formulated for the development of small- and medium-sized enterprises (SMEs) in the country, said CEO, SMEDA(Small- And Medium-Size Enterprise Development Authority), Shahab Khawaja, on Wednesday.
Liaquat Jatoi, minister for industries and production, said Wednesday that the mark-up charged by the Small and Medium Enterprise (SME) Bank and Khushali Bank should be considerably cut to help boost small and medium size sector.
China will provide a credit line of US$ 500 million to Pakistan on a soft-term basis, which would be utilised for projects to be undertaken with the assistance of Chinese companies.
The State Bank of Pakistan (SBP) has set a maximum exposure limit of Rs75m on banks and development financial institutions (DFI) for a single small and medium-sized enterprise (SME).
According to the State Bank of Pakistan’s (SBP) executive director, SBP Mansoor-ur-Rehman Khan, the bank will announce prudent regulations for small- and medium-sized enterprises (SMEs) next month.
Federal Secretary of Industries and Production, Javed Ashraf Hussain, said yesterday (7 October) that Pakistan was negotiating a US$12 million loan agreement with the Asian Development Bank (ADB) for establishment of the Common Facility Centres fo
The Union of Small & Medium Enterprises (UNISAME) in a meeting Tuesday has urged Karachi Port Trust (KPT) not to charge demurrage on cargo lying unshipped in shipping companies yards because the rent is paid by shipping companies according to the
The Small And Medium Size Enterprise Development Authority (SMEDA) and Prime Bank have agreed to provide complete business solutions including financing to SMEs. The decision was made in a meeting between, Mr. Zahid Aziz, CEO, SMEDA and Mr.
