ISLAMABAD, Aug 25 (APP): Federal Minister for Finance and Revenue, Shaukat Tarin here on Wednesday reaffirmed government’s commitment to encourage and incentivize fertilizer manufacturers as well as exporters to meet domestic demand effectively. Chairing a meeting with the Chairman and other members of the Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC), the minister highlighted the… Continue reading Govt committed to incentivize fertilizer manufacturers, exporters: Tarin
Category: Business
Business news from Pakistan
Groundbreaking of KCR next month: Asad Umar
Country’s exports to reach at record levels by 2023: Razak Dawood
ISLAMABAD, Aug 25 (APP): Adviser to Prime Minister’s for Commerce and Investment, Abdul Razak Dawood on Wednesday said the government would take exports to record levels by 2023 with providing a better business environment for the industrial sector in the country. “Improving Pakistan’s ‘Ease of Doing Business Ranking’ will boost foreign investment in the country”… Continue reading Country’s exports to reach at record levels by 2023: Razak Dawood
Pak-Afghan bilateral trade shows sign of improvement
PESHAWAR, Aug 25 (APP): The bilateral trade between Pakistan and Afghanistan from Torkhem border post has showed signs of improvement in the wake of evolving situation in the region. Talking to APP, former senior Vice President of Pak-Afghan joint chamber of commerce and industry (PAJCCI) Zia-ul-Haq Sarhadi, said Taliban, after taking over, has taken a… Continue reading Pak-Afghan bilateral trade shows sign of improvement
Imam welcomes $50 mln credit facility, scholarships offered by Hungary
ISLAMABAD, Aug 25 (APP): Minister for National Food Security and Research Syed Fakhar Imam on Wednesday welcomed $50 million credit facility for food processing and water conservation, besides 200 scholarship for Pakistani students offered by the Government of Hungary. Talking to Hungarian Charge d’affairs, Tivadar Takacs, who call on him, Imam said that the government… Continue reading Imam welcomes $50 mln credit facility, scholarships offered by Hungary
Tarin stresses to provide industrial input at affordable prices
ISLAMABAD, Aug 24 (APP): Federal Minister for Finance Shoukat Tarin Tuesday stressed the need to provide industrial inputs such as cement and steel at affordable prices to carry forward the momentum of economic recovery amid COVID-19 as well as in post-COVID-19 scenario. He emphasized to reduce the prices of cement as the cement industry was… Continue reading Tarin stresses to provide industrial input at affordable prices
Pakistan, Egypt agree to work for establishing joint Business Council
ISLAMABAD, Aug 24 (APP):Pakistan and Egypt here on Tuesday agreed to work on the idea of establishing a Pakistan-Egypt Business Council and forging closer collaboration between the ministries of finance of both the countries. The agreement was made during a call on meeting of Ambassador of the Arab Republic of Egypt, Tarek Mohamed Dahroug with… Continue reading Pakistan, Egypt agree to work for establishing joint Business Council
Govt release Rs 6 billion under DLTL schemes for industries: Razak Dawood
ISLAMABAD, Aug 24 (APP):Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood on Tuesday has released Rs 6 billion under Drawback on Local Taxes and Levies (DLTL) schemes. This includes Rs. 5.6 billion for Textiles sector and Rs. 400 million for Non-Textile sector, the Adviser said this on his official twitter account. “I… Continue reading Govt release Rs 6 billion under DLTL schemes for industries: Razak Dawood
Investors to be facilitated to transform Pakistan a hub of manufacturing economic activities: SAPM
FAISALABAD, Aug 24 (APP):Special Assistant to Prime Minister on China-Pakistan Economic Corridor Affairs, Khalid Mansoor on Tuesday said the government was taking comprehensive measures to provide maximum facilities to investors at economic zones with an aim to transform Pakistan a hub of manufacturing economic activities. He was talking to the media at Faisalabad Industrial Estate… Continue reading Investors to be facilitated to transform Pakistan a hub of manufacturing economic activities: SAPM
Italy appreciates Pakistan’s support for political settlement in Afghanistan
ISLAMABAD, Aug 24 (APP):Former Deputy Prime Minister and Leader of the second largest political party in both houses of the Italian Parliament Senator Matteo Salvini on Tuesday appreciated Pakistan’s support to a political settlement and inclusive dispensation in Afghanistan. Senator Matteo Salvini called on Pakistan’s Ambassador in Italy, Jauhar Saleem at the embassy of Pakistan,… Continue reading Italy appreciates Pakistan’s support for political settlement in Afghanistan
Pakistan receives US$2.75 billion from IMF
ISLAMABAD, Aug 24 (APP): The State Bank of Pakistan (SBP) has received US$ 2.75 billion from the International Monetary Fund (IMF), as part of Special Drawing Rights (SDR) allocation announced by the fund recently, the central bank confirmed through a tweet here Tuesday. “#SBP has received US$ 2.75 billion from the IMF, as part of… Continue reading Pakistan receives US$2.75 billion from IMF
Tarin welcomes trust of business community over economic policies
ISLAMABAD, Aug 23 (APP):The Federal Minister for Finance and Revenue Shaukat Tarin on Monday welcomed the trust and confidence shown by the business community in Pakistan over the economic policies of the present government. The recently conducted Business Confidence Index (BCI) Survey- Wave 20 by OICCI has indicated that the overall BCI has increased by… Continue reading Tarin welcomes trust of business community over economic policies
Tarin affirms to bring much-needed reforms in public sector
ISLAMABAD, Aug 23 (APP): Federal Minister for Finance and Revenue, Shaukat Tarin on Monday affirmed to carry forward a comprehensive reform agenda for bringing much-needed changes in the public sector. During a meeting with Adviser to the Prime Minister on Institutional Reforms and Austerity Dr. Ishrat Hussain, the minister acknowledged his valuable contribution in spearheading… Continue reading Tarin affirms to bring much-needed reforms in public sector
PVMA urged to bring down edible oil prices
ISLAMABAD, Aug 23 (APP): Federal Minister for Finance and Revenue Shaukat Tarin Monday urged the Pakistan Vanaspati Manufacturers Association (PVMA) to adopt market-based solutions and bring down prices of edible oil and ghee in the domestic market in line with the international price trend. If there is a slight dip in the international market, it… Continue reading PVMA urged to bring down edible oil prices
Business confidence score witnessed record improvement in Pakistan; says OICCI survey
KARACHI, Aug 23 (APP): Overseas Investors’ Chamber of Commerce and Industry (OICCI) Monday shared the results of its comprehensive business confidence index (BCI) survey titled “Wave-20”, conducted throughout the country during May to July 2021, which revealed that the overall business confidence score in Pakistan now stands at positive score of 9 percent. It is… Continue reading Business confidence score witnessed record improvement in Pakistan; says OICCI survey
Pakistan’s regional exports increase 20.50% in July 2021
ISLAMABAD, Aug 23 (APP): Pakistan’s exports to the seven regional countries witnessed an increase of 20.50 percent in first months of current financial year (2021-22) as compared to the corresponding month of last year. The country’s exports to the regional countries including Afghanistan, China, Bangladesh, Sri Lanka, India, Nepal, and the Maldives account for a… Continue reading Pakistan’s regional exports increase 20.50% in July 2021
Punjab to participate actively in Dubai Expo: CM
LAHORE, Aug 22 (APP):Punjab Chief Minister (CM) Sardar Usman Buzdar said on Sunday that the provincial government would participate actively in Dubai Expo and showcase its culture and trade. Chairing a meeting here in his office, he said that southern and central Punjab and Pothohar regions would also be given due representation in the Dubai… Continue reading Punjab to participate actively in Dubai Expo: CM
Gujranwala to gain prominent position in engineering export: Razak Dawood
ISLAMABAD, Aug 22 (APP):Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood on Sunday Gujranwala industries could gain a prominent position in the export of engineering goods in coming years through increasing the productive manufacturing. Gujranwala already has a manufacturing base for engineering goods and the government is ready to provide all possible… Continue reading Gujranwala to gain prominent position in engineering export: Razak Dawood
Youth bearing fruits of KJP across country: Usman Dar
ISLAMABAD, Aug 22 (APP):Special Assistant to the Prime Minister (SAPM) on Youth Affairs Muhammad Usman Dar on Sunday said that the youth was reaping benefits of Kamyab Jawan Programme (KJP) across the country on equal basis. In a news statement, he said the government had so far disbursed soft loans amounting to over Rs 20… Continue reading Youth bearing fruits of KJP across country: Usman Dar
Regional economic integration with CARs key for development, prosperity: Kyrgyzstan Envoy
ISLAMABAD, Aug 22 (APP):Ambassador Republic of Kyrgyzstan to Pakistan, Ulanbek Totuiaev on Sunday said regional economic and trade integration through the connectivity with Central Asian Republics (CARs) is key to the development and prosperity in the whole region. The Ambassador said Peace and socio- political harmony in Afghanistan is significant for prosperity throughout the region,… Continue reading Regional economic integration with CARs key for development, prosperity: Kyrgyzstan Envoy
- Pro-Palestinian protests embroil US colleges, prompting arrests
- PM, Saudi Royal court advisor discuss ways to boost economic ties
- Minister meets Chinese Consul General, discusses bilateral cooperation, Chinese security
- Pakistani players celebrated the wicket of New Zealand batsman Michael Bracewell catch Babar Azam ball by Shadab Khan during the Fifth Twenty20 International cricket match between Pakistan and New Zealand at the Qaddafi cricket stadium
- Advisor at the Royal Court and General Secretary of Saudi-Pak Supreme Coordination Council H.E. Mr. Mohammed bin Mazyad Al-Tuwaijri calls on Prime Minister Muhammad Shehbaz Sharif.
