ISLAMABAD, Feb 26 (APP):The Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood on Friday said Pakistan has joined the Madrid system of Trademark of World Intellectual Property Organization (WIPO), which allows the brand owners to protect their trademarks of different local items. The Adviser, Abdul Razak Dawood, held a consultative a meeting… Continue reading Pakistan joins ‘Madrid System of Trademark of WIPO’: Razak Dawood
Category: Business
Business news from Pakistan
Apex committee reviews progress of GB development plan
ISLAMABAD, Feb 26 (APP):Chief Minister GB Khalid Khurshid and Federal Minister for Kashmir Affairs, Ali Amin Khan Gandapur jointly presided over 2nd Apex Committee to review progress of GB Development Plan and the projects which needs Apex committee’s intervention here on Friday. Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, Additional Secretary GB and representatives from… Continue reading Apex committee reviews progress of GB development plan
WB provides $12 million grant for FATA’s, displaced families
ISLAMABAD, Feb 26 (APP):World Bank has provided additional grant worth of US $ 12 million for FATA, Temporarily Displaced Persons Early Recovery Project (TDP-ERP) to earlier recovery of displace families in former tribal areas of Khyber Pakhtunkhwa (KPK). Minister for Economic Affairs, Makhdum Khusro Bakhtyar witnessed the signing ceremony of Additional Grant Agreement of “FATA… Continue reading WB provides $12 million grant for FATA’s, displaced families
New textile policy under consideration: Asad Umar
FAISALABAD, Feb 26 (APP): Federal Minister for Planning, Development, Reforms and Special Initiatives Asad Umar on Friday said a new textile policy was being formulated and industrialists of the city would benefit from it. During a briefing to businessmen and industrialists at the Faisalabad Chamber of Commerce & Industry (FCC), he said issues relating to… Continue reading New textile policy under consideration: Asad Umar
Blacklisting no option, Pakistan to come out of Grey list in June: Hammad
ISLAMABAD, Feb 26 (APP):Pakistan has completely avoided blacklisting by Financial Action Task Force (FATF) and would come out of Grey list in coming June, as it had made significant progress on the historically toughest action plan in a very challenging time amid Covid-19 pandemic, Federal Minister for Industries Hammad Azhar said here on Friday. Hammad… Continue reading Blacklisting no option, Pakistan to come out of Grey list in June: Hammad
FATF appreciates Pakistan’s progress on entire Action Plan
ISLAMABAD, Feb 25 (APP): The Financial Action Task Force (FATF) Thursday appreciated Pakistan for the significant progress made on the entire action plan. “To date, Pakistan has made progress across all action plan items and has now largely addressed 24 of the 27 action items,” FATF stated in its plenary meeting held on February 25.… Continue reading FATF appreciates Pakistan’s progress on entire Action Plan
National Coordination Committee reviews progress of Power Sector Projects
ISLAMABAD, Feb 25 (APP):National Coordination Committee on Foreign-Funded Projects (NCC-FFP) on Thursday reviewed the Progress of Power Sector Projects and earlier implementation of these projects. Federal Minister for Economic Affairs Makhdoom Khusro Bakhtyar and Federal Minister for Energy Omar Ayub Khan, co-chaired the meeting of National Coordination Committee on Foreign-Funded Projects (NCC-FFP) on energy sector… Continue reading National Coordination Committee reviews progress of Power Sector Projects
International tender for Twin Cities’ Ring Road likely next week
ISLAMABAD, Feb 25 (APP):Minister for Planning, Development and Special Initiatives Asad Umar was informed on Thursday that the international tender for Rawalpindi-Islamabad Ring Road project had been prepared and it would be published in the newspapers by next week. The minister was briefed on the project by Commissioner Rawalpindi Muhammad Mehmood in a meeting held… Continue reading International tender for Twin Cities’ Ring Road likely next week
PSX gains 603 points to close at 45,965 points
ISLAMABAD, Feb 25 (APP):The KSE-100 index of the Pakistan Stock Exchange (PSX) on Thursday witnessed bullish trend, gaining 603.05 points, with positive change of 1.33 percent, closing at 45,965.63 points against 45,362.58 points on the last working day. A total 468,970,739 shares were traded during the day compared to the trade of 557,503,875 shares… Continue reading PSX gains 603 points to close at 45,965 points
ICT, Telecom services increase by 38% in 7 months: Razak
ISLAMABAD, Feb 25 (APP):Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood on Thursday said that the export of Information and communications technology(ICT) and Telecom services increased by 38 percent during the seven months of current year (2020-21) compared to last year. In a tweet, he said that the country exported these… Continue reading ICT, Telecom services increase by 38% in 7 months: Razak
Gold imports decreased 53% in 7 months
ISLAMABAD, Feb 25 (APP):The gold imports into the country decreased by 52.99 percent during the first seven months of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. The gold imports during July-January (2020-21) were recorded at $4.732 million as compared to the imports of… Continue reading Gold imports decreased 53% in 7 months
Around 1,606 FIRs registered against gas pilferers in last five years
ISLAMABAD, Feb 25 (APP):The two-state owned companies, Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC), have collectively detected around 430,194 gas theft cases causing pilferage of 13,266 MMCF (Million Cubic Feet) gas worth Rs 8.855 billion during the last five years. During a period from 2016-17 to 2019-20, the companies have… Continue reading Around 1,606 FIRs registered against gas pilferers in last five years
ADB sells $2 billion 10-Year Global Benchmark Bond
ISLAMABAD, Feb 25 (APP): The Asian Development Bank (ADB) priced a $2 billion 10-year global bond, proceeds of which will be part of ADB’s ordinary capital resources. “We appreciate the strong support of our investors for this new 10-year global bond issue,” said ADB Treasurer Pierre Van Peteghem in a press release issued by the… Continue reading ADB sells $2 billion 10-Year Global Benchmark Bond
Trade diplomacy best tool to exploit untapped potential of Yemen: envoy
FAISALABAD, Feb 24 (APP): Ambassador of Yemen in Pakistan Muhammad Motahar Alashabi on Wednesday said the trade diplomacy was the best tool to exploit the untapped potential of Yemen. Addressing the business community in the Faisalabad Chamber of Commerce & Industry (FCCI), he said that Yemen needed every thing for its reconstruction and Pakistani exporters… Continue reading Trade diplomacy best tool to exploit untapped potential of Yemen: envoy
Malaysia wants to further increase trade ties with Pakistan: High Commissioner
ISLAMABAD, Feb 24 (APP): High Commissioner of Malaysia in Pakistan Ikram Bin Muhammad Ibrahim on Wednesday said that his country wanted to have greater bilateral trade with Pakistan as both countries have good potential to do trade in many items. Food processing products of Pakistan have good scope to penetrate in Malaysian market, he said… Continue reading Malaysia wants to further increase trade ties with Pakistan: High Commissioner
Cement export decreases 3.80% in 7 months
ISLAMABAD, Feb 24 (APP): The exports of cement from the country witnessed a decrease of 3.80 percent during the seven months of financial year (2020-21) as compare to the corresponding period of last fiscal year. The country exported cement worth US $163.673 million during July-January (2020-21) as against the exports of US $170.133 million during… Continue reading Cement export decreases 3.80% in 7 months
Gong ceremony being held to mark MoU between PSX, PSEB
ISLAMABAD, Feb 24 (APP): A gong striking ceremony is being held upon signing of Memorandum of Understanding (MoU) between Pakistan Stock Exchange (PSX) and Pakistan Software Export Board (PSEB) on Thursday, February 25. According to PSX press statement issued Wednesday, under the MoU PSEB would work with PSX to conduct workshops and events to create… Continue reading Gong ceremony being held to mark MoU between PSX, PSEB
OGDCL spending Rs10.22mln in Lakki Marwat under CSR initiative
ISLAMABAD, Feb 24 (APP): The Oil and Gas Development Company (OGDCL) is spending an amount of Rs 10.22 million, under its Corporate Social Responsibility (CSR), in Lakki Marwat district of Khyber Pakhtunkhwa. “The Wali, Mianwali and Pezu blocks partially fall in District Lakki Marwat, and the OGDCL has deposited Rs 10.22 million in the joint… Continue reading OGDCL spending Rs10.22mln in Lakki Marwat under CSR initiative
CDNS reaches at Rs 530 billion free deposits
ISLAMABAD, Feb 23 (APP): The savings of the Central Directorate of National Savings (CDNS) has reached to the free deposit of Rs 530 billion during the last 7 months in the current Fiscal Year (FY) 2020-21. The Central Directorate of National Savings (CDNS) had compensated an amount of Rs 258 billion to its investors after… Continue reading CDNS reaches at Rs 530 billion free deposits
Industrial power consumption increases by 17% in January: Hammad
ISLAMABAD, Feb 23 (APP): Federal Minister for Industries and Production, Hammad Azhar on Tuesday said total industrial power consumption in the country increased by 17 percent in January 2021compared to same period of last year. In a Tweet, he said by abolishing the peak hours concept for industry, the consumption also increased by 28 percent… Continue reading Industrial power consumption increases by 17% in January: Hammad
- Pak Chef attracts tourists through traditional cuisines at cooking competition
- ECP notifies April 21 bye-elections winners
- Inimical forces impeding Pakistan’s development to be failed with nation’s support: COAS
- Seven tubewells of WSSP converted to solar power
- SSUET convocation held, 1177 degrees awarded
