ISLAMABAD, Oct 14 (APP): President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik on Wednesday urged the need for maintaining political stability which was prerequisite for sustained economic growth to cope with the multiple challenges faced by the country. Addressing members of core committee of United Business Group in connection with forthcoming annual election… Continue reading Political stability prerequisite for sustainable economic growth:SAARC CCI
Category: Business
Business news from Pakistan
President ICCI urges for industrial competitive to benefits from CPFTA
ISLAMABAD, Oct 13 (APP): President Islamabad Chamber of Commerce and Industry (ICCI) Sardar Yasir Ilyas Khan Tuesday said skilled human capital resources, competitive industrial sector and connection with global value chains such as China were the only way forward for Pakistan economy to get more benefits from China Pakistan Free Trade Agreement (PCFTA). He was… Continue reading President ICCI urges for industrial competitive to benefits from CPFTA
Policy to appoint legal advisors, advocates on FBR panel approved
ISLAMABAD, Oct 13 (APP): The Federal Board of Revenue (FBR) has approved the policy to appoint legal advisors and advocates on the panel of the board. According to an FBR press statement issued here on Tuesday, the Policy was approved in the 6th Board-in-Council meeting held in the last week of September. In the light… Continue reading Policy to appoint legal advisors, advocates on FBR panel approved
Worker’s remittances surge 31.2 in September
ISLAMABAD, Oct 12 (APP): The workers’ remittances sent by the overseas Pakistanis surged by 31.2 percent to $2.3 billion in September against same month of last year. The remittances stood at above $2 billion for fourth consecutive month in September, said a statement issued by the State Bank of Pakistan (SBP). On month on month… Continue reading Worker’s remittances surge 31.2 in September
Speakers agrees to increase bilateral trade between Pakistan-Sri Lanka
ISLAMABAD, Oct 11 (APP): The speakers during ‘Book Launching” on Pakistan – Sri Lanka Free Trade Agreement (PSFTA) have agreed that through the proper execution of the agreement both the countries would increase their trade volume from the recent ratio of bilateral trade. The Federation Pakistan Chamber of Commerce and Industry (FPCCI) has launched the… Continue reading Speakers agrees to increase bilateral trade between Pakistan-Sri Lanka
Rice traders organizes sessions on agri- children rights
ISLAMABAD, Oct 11 (APP): The top rice traders has organized the workshops for educating the 1000 rice transplanters families and their children on Child Rights and to create awareness for their personal health, hygiene and Prevention from COVID-19 pandemic. The top rice trader of the country, Rice Partners (Pvt) Ltd (RPL) organized 20 awareness sessions… Continue reading Rice traders organizes sessions on agri- children rights
Pakistani diaspora in Canada urged to pursue long-term investments in Pakistan
ISLAMABAD, Oct 9 (APP):Pakistan’s High Commissioner to Canada Raza Bashir Tarar on Friday urged the Pakistani diaspora and their representative associations in Canada to synergise their resources and formulate consortiums to launch bigger investment and long term development initiatives in Pakistan. “It is heartening to see the Pakistani diaspora in North America come forward and… Continue reading Pakistani diaspora in Canada urged to pursue long-term investments in Pakistan
Sindh loses 30% or 1.4 mln cotton bales: Fakhar Imam
ISLAMABAD, Oct 9 (APP): Minister for National Food Security and Research Syed Fakhar Imam Friday said that Sindh province has lost nearly 30 percent or 1.4 million bales of cotton this year due to climate change implication. “Unfortunately cotton has been extraordinarily badly hit this year mainly due to climate change implications,” he said while… Continue reading Sindh loses 30% or 1.4 mln cotton bales: Fakhar Imam
ECC allows OGRA to issue licenses for RLNG-based CNG stations
ISLAMABAD, Oct 7 (APP):The Economic Coordination Committee (ECC) of the Cabinet Wednesday allowed Oil and Gas Regulatory Authority (OGRA) to issue new CNG Licenses to Regasified Liquified Natural Gas (RLNG) based CNG stations. The ECC meeting, chaired by Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh here, however, made it… Continue reading ECC allows OGRA to issue licenses for RLNG-based CNG stations
Japan provides JPY 471 mln to UN-Habitat for building disaster resilient schools in KPK
ISLAMABAD, Oct 7 (APP):The Government of Japan Wednesday agreed to provide grant assistance of 471 million Japanese Yen (JPY) to UN-Habitat for the project of “The Improvement of Disaster Resilient Schools Infrastructure” in Khyber Pakhtunkhwa (KPK) province, aiming to provide a safe and stable educational environment to the students as well as the teachers. According… Continue reading Japan provides JPY 471 mln to UN-Habitat for building disaster resilient schools in KPK
CDNS achieves collection of Rs 10 bln by Sep 30
ISLAMABAD, Oct 7 (APP): The Central Directorate of National Savings (CDNS) has achieved collection net target of Rs 10 billion by of fiscal year 2020-21. The CDNS has set Rs 249 billion annual collection target for the year 2020-21 as compared to Rs 352 billion for the previous year’s 2019-20 to enhance savings and promoting… Continue reading CDNS achieves collection of Rs 10 bln by Sep 30
FBR start tax awareness education in educational institutions
ISLAMABAD, Oct 6 (APP): Federal Board of Revenue (FBR) has started holding tax educational awareness sessions in different educational institutes of Islamabad. Under the Letter of Understanding (LoU) signed between FBR and Federal Directorate of Education (FDE), said a statement issued by FBR here on Tuesday. The part of bilateral LoU, the series of tax… Continue reading FBR start tax awareness education in educational institutions
Services trade deficit shrinks 50.41 pc in two months
ISLAMABAD, Oct 6 (APP):The country’s services trade deficit contracted by 50.41 percent during the first two months of the current financial year (2019-20) as compared to the corresponding period of last year. The services trade deficit during July-August (2020-21) was recorded at $462.07 million against the deficit of $931.77 million in July-August (2019-20), according to… Continue reading Services trade deficit shrinks 50.41 pc in two months
NPMC analyzes price hike in essential commodities
ISLAMABAD, Oct 05 (APP):The National Price Monitoring Committee (NPMC) Monday reviewed price mechanism for essential commodities and evaluated the reasons for increase in their prices with particular focus on perishable items. The NPMC meeting was held under the Chairmanship of the Special Secretary Finance, according to press statement issued by the Finance Ministry here. The… Continue reading NPMC analyzes price hike in essential commodities
Pakistan to oppose India’s claim of Basmati Rice in EU:Dawood
ISLAMABAD, Oct 5 (APP): Pakistan has decided to give a befitting reply to India’s claim of Geographical Indication (GI) tag to Basmati Rice in the European Union (EU) market and it will file its opposition in the EU. This was decided during a meeting chaired by the Adviser for Prime Minister on Commerce Abdul Razak… Continue reading Pakistan to oppose India’s claim of Basmati Rice in EU:Dawood
Federal Govt allows release of Rs117.67 billion for development projects
ISLAMABAD, Oct 5 (APP): The federal Government has so far authorized release of Rs117.67 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2020-21 as against the total allocation of Rs650 billion. Under the development programme,the Government has released an amount of Rs78.15 billion for federal ministries,… Continue reading Federal Govt allows release of Rs117.67 billion for development projects
Hafeez Shaikh briefed on ERP software
ISLAMABAD, Oct 2 (APP): Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired a meeting at the Finance Division with the Country Director SAP Saquib Ahmad and his team. The Country Director briefed the Adviser Finance on the operations of the Company and how it is providing services in 180… Continue reading Hafeez Shaikh briefed on ERP software
ECNEC okays projects worth over Rs 440 billion
ISLAMABAD, Oct 1 (APP):The Executive Committee of National Economic Council (ECNEC) Thursday approved projects in various sectors worth of over Rs 440 billion. The meeting of the committee was held here with Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh in chair. The committee considered and approved the “Simplification of… Continue reading ECNEC okays projects worth over Rs 440 billion
NA body briefs on privatization process of HEC
ISLAMABAD, Oct 1 (APP): The National Assembly Standing Committee on Privatization on Thursday briefed on the privatization process of Heavy Electrical Complex (HEC) and also way forward for bidding and marketing finalization. The Director General, Privatization Division gave detailed briefing on Heavy Electrical Complex; he informed that Heavy Electrical Complex (HEC) is a subsidiary of… Continue reading NA body briefs on privatization process of HEC
ECC approves Rs.19, 656.213 mln for PSM employees retrenchment plan
ISLAMABAD, Sep 30 (APP):The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved Rs 19,656.213 million for the implementation of employees retrenchment plan in the Pakistan Steel Mills (PSM) submitted to the Supreme Court. The ECC, which met here with Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh in the… Continue reading ECC approves Rs.19, 656.213 mln for PSM employees retrenchment plan
- 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.
- 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
- 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.
