ISLAMABAD, Feb 8 (APP): The exports from the country increased by 5.53 percent during the first seven months of the current fiscal year (2020-21) as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported Monday. The exports from the country during July-January (2020-21) were recorded at $14.242 billion against the… Continue reading Exports increase 5.53% in 7 months
Category: Business
Business news from Pakistan
300 cotton growers trained to boost yield
ISLAMABAD, Feb 08 (APP): Central Cotton Research Institute had trained about 300 cotton growers on use of best crop management practices for achieving higher per-acre output during the coming season. In this regard, Central Cotton Research Institute in collaboration with Kashtkar Foundation had organised a day long workshop, which was attended by a large number… Continue reading 300 cotton growers trained to boost yield
ICCI organizes Mega Auto Show to highlight potential of automobile sector
ISLAMABAD, Feb 07 (APP): Islamabad Chamber of Commerce and Industry (ICCI) in collaboration with the Centaurus Mall, Islamabad organized a mega show of automobile brands in the open parking of Centaurus to highlight the potential of the automobile sector for economic revival of the country. All major local and international auto brands like cars, SUVs,… Continue reading ICCI organizes Mega Auto Show to highlight potential of automobile sector
Agriculture, live stock major potential of GB region: Italian Envoy
ISLAMABAD, Feb 07 (APP): Ambassador of Italy to Pakistan Andreas Ferrarese on Sunday said Gilgit Baltistan has huge potential in agriculture and livestock and transfer of technology would be must to promote the value addition in these sectors. Gilgit Baltistan is potential region for promoting the agriculture, live stock, horticulture and tourism and Italian government… Continue reading Agriculture, live stock major potential of GB region: Italian Envoy
Spices export increases 4.55% in 1st half of FY2020-21
ISLAMABAD, Feb 07 (APP): The export of spices from the country witnessed an increase of 4.55 percent during the first half of financial year 2020-21, against the export of the corresponding period of last year. Pakistan exported spices of worth $ 41.071 million during July-December (2020-21) against the exports of $ 39.284 million during July-December… Continue reading Spices export increases 4.55% in 1st half of FY2020-21
Incentives for industry to boost economy bearing fruits
Anjum Ala Rana ISLAMABAD, Feb 7 (APP): In the modern world, industry in any country provides a foundation for economic growth and well being of people. The states and the government always desire vibrant industry to avoid recessions and stand firm even during odd times. For, this goal they put in all out efforts that… Continue reading Incentives for industry to boost economy bearing fruits
Stunning spots of KP back on radar of tourists
By Naveel Ahmed ISLAMABAD, Feb 06 (APP): Stunning and snowy tourist resorts of Khyber Pakhtunkhwa (KP) are back on the radar of adventurous tourists with thousands thronging snow festivals and winter sports competitions being held at its snow-capped mountains and valleys in the ongoing winter season. It is, indeed, vindication of the world’s stance that… Continue reading Stunning spots of KP back on radar of tourists
Pakistan must exploit huge potential for reconstruction of Libya: Nominated Ambassador
FAISALABAD, Feb 04 (APP): Pakistan must exploit the huge potential for reconstruction of Libya after protracted civil war in that country, said Major General (retired) Rashad Jeved Hilal-i-Imtiaz (Military) nominated Pakistani Ambassador for Libya. He visited Faisalabad Chamber of Commerce and Industry (FCCI) along with former Pakistani Ambassador in Libya Major General (retired) Sajid Iqbal… Continue reading Pakistan must exploit huge potential for reconstruction of Libya: Nominated Ambassador
Projected circular debt accumulation declining: CCoE
ISLAMABAD, Feb 4 (APP):The Cabinet Committee on Energy (CCoE) Thursday noted that the projected circular debt accumulation was decreasing as a result of the Circular Debt Management Plan being implemented by the government. The committee also appreciated the efforts of the Power Division for regular monitoring of circular debt situation and directed them to timely… Continue reading Projected circular debt accumulation declining: CCoE
Business community of Pakistan reiterates its support to the people of IIOJK
KARACHI, Feb 04 (APP):Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Nasser Hyatt Maggo Thursday said the business community of Pakistan reiterated its untiring moral and diplomatic support to the people of Indian Illegally Occupied Jammu and Kashmir (IIOJK) in their struggle for right to self-determination, in accordance with the United Nations… Continue reading Business community of Pakistan reiterates its support to the people of IIOJK
ECC approves renewal of SSGCL-FFBQL gas supply agreement
ISLAMABAD, Feb 03 (APP):The Economic Coordination Committee of the Cabinet (ECC) Wednesday approved the proposal of Petroleum Division for renewal of gas supply agreement (GAS) between Sui Southern Gas Company Limited (SSGCL) and Fauji Fertilizer Bin Qasim Limited (FFBQL). After a detailed discussion, the ECC meeting chaired by Minister for Finance and Revenue Dr Abdul… Continue reading ECC approves renewal of SSGCL-FFBQL gas supply agreement
Pakistan to provide Rs 549 mln for development projects in Afghanistan
ISLAMABAD, Feb 3 (APP): Pakistan on Wednesday accorded approval to release funds of Rs 549 million for two development projects in Afghanistan. The approval was made as part of Afghanistan Reconstruction and Rehabilitation Programme of Pakistan government, says a statement issued here. Out of total grant, the government has approved release of Rs 61 million… Continue reading Pakistan to provide Rs 549 mln for development projects in Afghanistan
Pakistan to provide Rs 549 mln for development projects in Afghanistan
ISLAMABAD, Feb 03 (APP): Pakistan on Wednesday accorded approval to release funds of Rs 549 million for two development projects in Afghanistan. The approval was made as part of Afghanistan Reconstruction and Rehabilitation Programme of Pakistan government, says a statement issued by the ministry. Out of total grant, the government has approved release of Rs… Continue reading Pakistan to provide Rs 549 mln for development projects in Afghanistan
All necessary measures to be ensured for coordinating CPEC projects: CM Balochistan
QUETTA, Feb 2 (APP): Chief Minister Balochistan Jam Kamal Khan on Tuesday directed to ensure all necessary steps to coordinate China Pakistan Economic Corridor (CPEC) related projects. “CPEC is the best project for Pakistan’s social and economic development and it guarantees the country’s bright future,” he said while chairing a meeting to review progress on… Continue reading All necessary measures to be ensured for coordinating CPEC projects: CM Balochistan
FBR finalizes evaluation of applications for Track & Trace System of specified goods
ISLAMABAD, Feb 2 (APP): The Federal Board of Revenue (FBR) has successfully completed the evaluation process for the grant of five-year license for an IT-based solution for electronic monitoring through Track and Trace System of specified goods including Tobacco, Cement, Sugar and Fertilizer. Initially 11 bids were received out of which 8 bids were technically… Continue reading FBR finalizes evaluation of applications for Track & Trace System of specified goods
Pak-Uzbekistan shows resolve to enter into PTA
ISLAMABAD, Feb 01 (APP):Pakistan and Uzbekistan on Monday resolved to enter into Preferential Trade Agreement (PTA) for increasing the bilateral trade and promote trade liberalization on both sides. The two sides also discussed to revive the Joint Business Council, and assured that bilateral engagements like Inter Governmental Commission will be held more frequently, said a… Continue reading Pak-Uzbekistan shows resolve to enter into PTA
CDWP approves 2 health projects worth Rs 11.6 bn
The Central Development Working Party (CDWP) Monday approved two projects of health sector worth of Rs 11.6 billion and accorded concept clearance to two more proposals. The CDWP approved a project namely “Establishment of 250 bedded mother and Child Hospital Sialkot, Punjab” worth Rs 4,970.65 million. The objective of the project is to enhance access… Continue reading CDWP approves 2 health projects worth Rs 11.6 bn
CPI inflation decelerates to 5.7% on YoY basis
ISLAMABAD, Feb 1 (APP):The Consumer Price Index (CPI) based monthly inflation decelerated to 5.7 percent on year-on-year (YoY) basis during the month of January 2021, from 8 percent during December 2020, Pakistan Bureau of Statistics (PBS) reported. On month-on-month (MoM) basis, it decreased by 0.2% in January as compared to a decrease of 0.7… Continue reading CPI inflation decelerates to 5.7% on YoY basis
Sindh LG system not in accordance with spirit of constitution: Asad Umar
KARACHI, Jan 31 (APP): Federal Minister for Planning, Development and Special Initiatives Asad Umar on Sunday said that the local government system in Sindh was not in accordance with the spirit of the constitution. He expressed these views while addressing to inauguration ceremony of PTI Secretariat in PS 98 Shah Faisal Colony. Asad Umar said… Continue reading Sindh LG system not in accordance with spirit of constitution: Asad Umar
CPI based inflation rate eases to 5.7% in January: Asad Umar
ISLAMABAD, Jan 31 (APP): Minister for Planning Development and Special Initiatives Asad Umar Sunday said the inflation in the country continued to decline as the Consumer Price Index (CPI) based monthly inflation rate eased to 5.7 percent in January 2021 compared to same month of the previous year. In his tweet, the minister informed that… Continue reading CPI based inflation rate eases to 5.7% in January: Asad Umar
- CM directs Excise Dept to achieve recovery targets
- Registration of pilgrims under private Hajj scheme in progress with affordable packages: Ashrafi
- Met predicts cloudy weather, heavy rains in upper districts
- President condemns terrorist attack on Customs officials in DIKhan
- Pak-China ties rapidly growing due to CPEC, Chinese language further fostering them: PM
