ISLAMABAD, Dec 09 (APP):Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin Thursday extended his felicitations to Masood Khan, the designated Ambassador to United States of America, on his new responsibilities. In a meeting with the Pakistan’s Ambassador- designate to USA, the adviser conveyed his best wishes for his success, said a press… Continue reading Tarin felicitates Masood Khan on new responsibilities
Category: Business
Business news from Pakistan
Govt committed to stimulate economic growth: Tarin
ISLAMABAD, Dec 09 (APP):Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin said Thursday that government was committed to introduce growth-oriented measures to stimulate economic growth with a clear roadmap of strategic priorities, business facilitation, investment opportunities, revenue and expenditure plans. The adviser was addressing “Dialogue on the Economy-2021” conference organized by Pakistan… Continue reading Govt committed to stimulate economic growth: Tarin
Tarin supports PCRCL in reviving sick industrial units
ISLAMABAD, Dec 09 (APP):Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin on Thursday assured Corporate Restructuring Company Limited (PCRCL) of his full cooperation and support for revival of sick industrial units and making them profitable contributors for the economy of Pakistan. The adviser was presiding over a meeting on revival of sick… Continue reading Tarin supports PCRCL in reviving sick industrial units
Govt taking concrete measures to promote ecommerce: Aon Abbas
ISLAMABAD, Dec 09 (APP):Special Assistant to Prime Minister on E-Commerce, Senator Aon Abbas Buppi said Thursday that the government was committed to facilitate ecommerce, which would be a big source of business in near future. Addressing the National E-Commerce Symposium organized by the Commerce Ministry here, the special assistant said that it was vision of… Continue reading Govt taking concrete measures to promote ecommerce: Aon Abbas
SEZs to attract FDI, establish industrial units, create employment opportunities: Omar Ayub
ISLAMABAD, Dec 08 (APP):Federal Minister for Economic Affairs, Omar Ayub Khan on Wednesday said that Pakistan and China are entering into the next phase of China Pakistan Economic Corridor (CPEC), in which Special Economic Zones (SEZs) are being established. The SEZs would be helpful in attracting foreign direct investment, establishing industrial units, creating employment opportunities… Continue reading SEZs to attract FDI, establish industrial units, create employment opportunities: Omar Ayub
Committee reviews stock, production of urea
ISLAMABAD, Dec 8 (APP):The ‘Fertiliser Review Committee’ on Wednesday reviewed the supply, stock position and production targets of urea in current month for sowing season. In order to supervise the urea supplies amidst Rabi season, Federal Minister for Industries and Production Makhdum Khusro Bakhtyar along with Federal Minister for Food Security Syed Fakhar Imam held… Continue reading Committee reviews stock, production of urea
Measures taken to ensure smooth supply of essential commodities: Tarin
ISLAMABAD, Dec 8 (APP):Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin said Wednesday that the government was taking all possible measures to ensure smooth supply of essential commodities throughout the country. The adviser was presiding over the National Price Monitoring Committee (NPMC) meeting, according to press statement issued by the finance ministry… Continue reading Measures taken to ensure smooth supply of essential commodities: Tarin
ADB approves $603 mln to support social protection programmes in Pakistan
ISLAMABAD, Dec 8 (APP):The Asian Development Bank (ADB) on Wednesday approved a $603 million results-based lending program to strengthen and expand social protection programmes in Pakistan. Using conditional cash transfers, the program will support the implementation of Ehsaas, Pakistan’s national social protection and poverty reduction strategy, according to an ADB statement received here Wednesday. Under the… Continue reading ADB approves $603 mln to support social protection programmes in Pakistan
Supernet gets contract to secure SBP infrastructure
ISLAMABAD, Dec 8 (APP):The Supernet, a subsidiary of Telecard Limited, has got Rs 100 million contract from the State Bank of Pakistan (SBP), in Information Technology (IT) and Cyber Security domain, to secure its infrastructure from Advanced Persistent Threats (APT). According to a notice issued by the Telecard to Pakistan Stock Exchange Limited, the contract… Continue reading Supernet gets contract to secure SBP infrastructure
Govt committed to provide conducive environment to foreign investors: Tarin
ISLAMABAD, Dec 07 (APP):Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin said Tuesday that the government was firmly committed to provide conducive environment to the investors and businessmen to promote investment and export-led growth. Talking to a delegation of Turkish Coca Cola Company, led by its General Manager, Ahmet Kursad Ertin, the… Continue reading Govt committed to provide conducive environment to foreign investors: Tarin
Mobile manufacturing leads ‘Make-in-Pakistan’ policy: Razak
ISLAMABAD, Dec 7 (APP):Adviser to the Prime Minister on Commerce and Investment, Abdul Razak Dawood on Tuesday said that mobile manufacturing in Pakistan is part of the government’s ‘Make in Pakistan’ policy which will boost domestic exports. “Our vision is to make Pakistan a hub of mobile phone manufacturing and export and the export of… Continue reading Mobile manufacturing leads ‘Make-in-Pakistan’ policy: Razak
FBR engages SBP experts to help property valuation
ISLAMABAD, Dec 7 (APP): The Federal Board of Revenue (FBR) Tuesday decided to engage top property valuation experts of the State Bank of Pakistan (SBP) for proper assessment of properties. According to press statement issued by the board here, the SBP experts would hold meaningful consultations with the key stakeholders including real estate agents and… Continue reading FBR engages SBP experts to help property valuation
Govt to encourage, protect foreign investments in country: Fereena
ISLAMABAD, Dec 6 (APP):Federal Secretary for Board of Investment (BOI) Fareena Mazhar on Monday said the government is committed to encouraging and protecting foreign investments in the Country. The Board of Investment organized an online Investment Promotion seminar to apprise the potential foreign investors on investment policies and potential in Pakistan, said a press release… Continue reading Govt to encourage, protect foreign investments in country: Fereena
IFC to partner with Engro to reduce plastic waste
ISLAMABAD, Dec 6 (APP): To step up the fight against climate change in Pakistan, International Finance Corporation (IFC) is partnering with Engro Corporation to help reduce plastic waste promote recycling, and boost the company’s energy efficiency. The project is part of IFC’s Pakistan Resource Efficiency Program, which aims to improve efficiency, cost-competitiveness, reliability, and productivity… Continue reading IFC to partner with Engro to reduce plastic waste
Khusro assures Coca-Cola company for support
ISLAMABAD, Dec 6 (APP):Federal Minister for Industries and Production Makhdum Khusro Bakhtyar Monday assured the government’s full support for execution of Company’s investment plans and shared Prime Minister’s vision to make Pakistan a economic hub. He said this in a meeting with the senior management of Coca-Cola Icecek Pakistan (CCI), said a press release issued… Continue reading Khusro assures Coca-Cola company for support
Footballs exports witness record 17.22% increase
ISLAMABAD, Dec 5 (APP): Football exports during the first four months of fiscal year of 2021-22 grew up by 17.22 per cent as compared to the exports of the corresponding period of last year. During the period from July-Oct 2021, Footballs worth US$ 50,148 exported as compared to exports worth US$ 42,780 during same period… Continue reading Footballs exports witness record 17.22% increase
IAP, CDC-IT Minds sign MoU for digital aggregation of insurance products
ISLAMABAD, Dec 3 (APP):Under the regulatory impetus of SECP, the Insurance Association of Pakistan (IAP) and Central Depository Company of Pakistan Limited (CDC) on Friday signed a Memorandum of Understanding for the digital aggregation of Insurance products CDC’s Emalaak Financials platform. Ms. Sadia Khan, Commissioner – Securities and Exchange Commission of Pakistan (SECP) presided over… Continue reading IAP, CDC-IT Minds sign MoU for digital aggregation of insurance products
Tarin greets envoy on new responsibilities
ISLAMABAD, Dec 3 (APP):Adviser to Prime Minister on Finance and Revenue Shaukat Tarin Friday greeted Ameer Khurram Rathore, Pakistan’s Ambassador designated to Kingdom of Saudi Arabia and extended his felicitations to the designated ambassador on his new responsibilities and conveyed his best wishes for success. Ameer Khurram Rathore paid a courtesy call on Adviser to… Continue reading Tarin greets envoy on new responsibilities
SNGPL agrees to wave of 66% ‘Take or Pay’ clause for stated-owned LNG plants: Hammad
ISLAMABAD, Dec 03 (APP):Minister for Energy Hammad Azhar on Friday said the Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL) had agreed to waive of 66 per cent ‘Take or Pay’ clause for the government-owned Liquefied Natural Gas (LNG) plants. “In the long run, this will help in reducing the capacity payments that… Continue reading SNGPL agrees to wave of 66% ‘Take or Pay’ clause for stated-owned LNG plants: Hammad
Economy on right path; escalation in imports, inflation due to external factors: Tarin
ISLAMABAD, Dec 3 (APP): Maintaining that economy was moving on positive direction, Advisor to Prime Minister on Revenue and Finance, Shaukat Tarin said Friday that the country was facing escalation in import bill and inflationary pressure due to surge in prices of imported commodities. “The inflation and import bill are connected and have same cause… Continue reading Economy on right path; escalation in imports, inflation due to external factors: Tarin