Govt to off load burden from PSDP by introducing innovative financing: Planning Minister

ISLAMABAD, Mar 18 (APP):Minister for Planning, Development and Reforms Makhdum Khusro Bakhtyar Monday said the government was planning to off load some burden from Public Sector Development Programme (PSDPh for commercially viable infrastructure projects by resorting innovative financing through public private partnership and viability gap financing. The government is also trying to reduce regional inequality… Continue reading Govt to off load burden from PSDP by introducing innovative financing: Planning Minister

Published
Categorized as Business

BOI chief discusses investment opportunities with ABD delegation

ISLAMABAD, Mar 18 (APP):Director General of Central West Asia Development, Asian Development Bank Werner E Liepach along with his delegation called on Minister of State /Chairman Board of Investment (BOI) Haroon Sharif here at the BOI office. During the meeting, Haroon Sharif stated, “The Prime Minister Imran Khan is taken a clear leadership role in… Continue reading BOI chief discusses investment opportunities with ABD delegation

Published
Categorized as Business

Govt making efforts for stabilizing economy : PM’s Advisor

KARACHI, Mar 18 (APP):Advisor to Prime Minister on Commerce Abdul Razzak Dawood Monday said the present government was making efforts to extend all out support to the business community for stabilizing the country’s economy. He stated this while addressing a seminar on Trade Opportunities in USA, China and Indonesia at a hotel here. He appreciated… Continue reading Govt making efforts for stabilizing economy : PM’s Advisor

Published
Categorized as Business

Fish, fisheries exports contribute US $ 451 mln during year 2017-18

ISLAMABAD, Mar 18 (APP):The fish and fisheries products exports have contributed US $ 451 million precious foreign exchange to national kitty during year 2017-18, registering around 27 per cent increase as compared to previous year. This is important sector as far as exports are concerned as the country exported 198,420 metric tons of fish and… Continue reading Fish, fisheries exports contribute US $ 451 mln during year 2017-18

Published
Categorized as Business

Tajikistan intends to enhance trade volume with Pakistan

ISLAMABAD, Mar 18 (APP):Tajikistani investors and business community will take advantage of package of incentives offered to foreign investors by Prime Minister Imran Khan and this would help both the countries to take bilateral trade to $500 million per annum. A 18-member high-level Tajikistan delegation of investors and businessmen led by Chairman Union of Private… Continue reading Tajikistan intends to enhance trade volume with Pakistan

Published
Categorized as Business

NBP Exchange Rates

KARACHI, Mar 18 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Monday issued the following exchange rates. Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 139.50 139.00 138.71 U.K 185.49 184.82 184.44 EURO 158.13 157.56 157.24 CANADA 104.74 104.37 104.09 SWITZERLAND 139.26 138.76 138.40 AUSTRALIA 99.23 98.87 98.61 SWEDEN 15.13 15.07… Continue reading NBP Exchange Rates

Published
Categorized as Business

FBR Chairman assures to address genuine grievances of FPCCI members

KARACHI, Mar 16 (APP):Chairman, Federal Board of Revenue (FBR), Dr. Jehanzaib Khan here on Saturday assured the business community that their genuine grievances would be addressed on compassionate basis. Addressing the members of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), during his visit to its headquarters,he said adequate coordination and efficient interaction between… Continue reading FBR Chairman assures to address genuine grievances of FPCCI members

Published
Categorized as Business

SBP conducts awareness campaign on SME finance in different cities

KARACHI, Mar 16 (APP):The State Bank of Pakistan (SBP) has completed its four-day SME finance awareness campaign in Sialkot, Gujranwala and Gujrat from March 13- 16. According to SBP statement issued here on Saturday, the meetings and interactions were held with over 2,000 representatives of various SME clusters during the campaign. Over 300 senior bankers… Continue reading SBP conducts awareness campaign on SME finance in different cities

Published
Categorized as Business

New trade policy to be announced soon: Razak

LAHORE, Mar 16 (APP):Prime Minister’s Advisor on Commerce, Textile, Industry and Production, and Investment Abdul Razak Dawood said on Saturday that new trade policy would be announced soon. He was addressing a seminar on ‘Trade opportunities in China, Indonesia and the United States of America’, organised by the Ministry of Commerce here at Expo Centre.… Continue reading New trade policy to be announced soon: Razak

Published
Categorized as Business Tagged

Govt keen to devise innovative financing model, mobilize private sector: Asad

ISLAMABAD, March 15 (APP):Minister for Finance Asad Umar Friday said the government was keen to devise innovative financing model, develop capital markets and mobilize private sector investment in infrastructure and social sectors. Talking to a delegation of the Asian Development Bank (ADB), he said these initiatives will not only provide fiscal space to the government… Continue reading Govt keen to devise innovative financing model, mobilize private sector: Asad

Published
Categorized as Business

MD Iranian Foreign Investment Company calls on Finance Minister

ISLAMABAD, Mar 15 (APP):Pakistan and Iran here on Friday reiterated their desire for further enhancing bilateral trade which would greatly benefit the two neighboring countries. Consensus to this effect was developed in a meeting between Minister for Finance Asad Umer and Managing Director Iranian Foreign Investment Company (IFIC) Hassan Abghari, a press released issued by… Continue reading MD Iranian Foreign Investment Company calls on Finance Minister

Published
Categorized as Business

NBP Exchange Rates

KARACHI, Mar 15 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Friday issued the following exchange rates. Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 139.40 138.90 138.61 U.K 184.59 183.92 183.55 EURO 157.78 157.21 156.89 CANADA 104.72 104.35 104.07 SWITZERLAND 139.06 138.56 138.20 AUSTRALIA 98.74 98.38 98.12 SWEDEN 15.00 14.95… Continue reading NBP Exchange Rates

Published
Categorized as Business

New liberal visa regime to attract foreign investors, tourists : PFC

ISLAMABAD, March 14 (APP):Pakistan Furniture Council (PFC) Thursday hailing Prime Minister Imran Khan’s new visa regime expressed the hope that this new policy would attract foreign investors, and tourists besides giving impetus to economic growth of the country on long term basis. It said the hotel industry would also flourish with tourism and this would… Continue reading New liberal visa regime to attract foreign investors, tourists : PFC

Published
Categorized as Business

NBP Exchange Rates

KARACHI, Mar 14 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Thursday issued the following exchange rates. Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 139.10 138.60 138.32 U.K 184.31 183.65 183.27 EURO 157.49 156.92 156.60 CANADA 104.50 104.12 103.85 SWITZERLAND 138.50 138.00 137.64 AUSTRALIA 98.27 97.91 97.66 SWEDEN 14.95 14.90… Continue reading NBP Exchange Rates

Published
Categorized as Business

Petroleum ministry urged to review inflated consumer bills

ISLAMABAD, Mar 13 (APP):Finance Minister, Asad umar Wednesday directed the Ministry of Petroleum to review the inflated gas bills in order to reduce burden on consumers. Chairing the meeting of Cabinet Committee on Energy (CCOE), the minister said that the Prime Minister Imran Khan had already ordered to refund the amount charged from natural gas… Continue reading Petroleum ministry urged to review inflated consumer bills

Published
Categorized as Business

German delegation meets BOI chairman to discuss renewable energy projects

ISLAMABAD, Mar 13 (APP):German delegation led by Ambassador of Germany to Pakistan, Martin Kobler and Managing Director Siemens Pakistan, Helmut Von Struve, called on MOS/Chairman Board of Investment, Haroon Sharif, at BOI office here on Wednesday. Chairman BOI explained to the delegates that the government has prioritized skills development and technology development. For this Pakistan… Continue reading German delegation meets BOI chairman to discuss renewable energy projects

Published
Categorized as Business

Business Forum established to materialize true potential of CPEC

CPEC

ISLAMABAD, Mar 13 (APP):Federal Minister for Planning, Development and Reform, Makhdum Khusro Bakhtyar said the Cabinet Committee on China-Pakistan Economic Corridor (CPEC) has decided to establish CPEC Business Forum to tap true potential of this important corridor. Talking to media after the committee meeting, the minister said that the formation of the forum was being deliberated since long and… Continue reading Business Forum established to materialize true potential of CPEC

Services trade deficit shrinks 34.79% in seven months

ISLAMABAD, Mar 13 (APP):The services trade deficit shrank by 34.79 percent during the first seven months of the current fiscal year compared to the corresponding period of last year. The services trade deficit during July-January (2018-19) was recorded at $2.091 billion against the deficit of $3.208 billion during July-January (2017-18), showing decline of 34.79 percent,… Continue reading Services trade deficit shrinks 34.79% in seven months

Published
Categorized as Business

NBP Exchange Rates

KARACHI, Mar 13 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 139.00 138.50 138.22 U.K 181.89 181.23 180.86 EURO 156.85 156.29 155.97 CANADA 104.04 103.67 103.40 SWITZERLAND 137.94 137.44 137.08 AUSTRALIA 98.09 97.73 97.48 SWEDEN 14.83 14.77… Continue reading NBP Exchange Rates

Published
Categorized as Business

NBP Exchange Rates

KARACHI, Mar 12 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 139.15 138.65 138.37 U.K 183.86 183.20 182.82 EURO 156.70 156.14 155.82 CANADA 103.88 103.50 103.23 SWITZERLAND 137.69 137.20 136.83 AUSTRALIA 98.39 98.04 97.78 SWEDEN 14.85 14.80… Continue reading NBP Exchange Rates

Published
Categorized as Business
APP Services