Category: Business

ISLAMABAD, Mar 7 (APP):The Islamabad Chamber of Commerce and Industries (ICCI) will arrange a daylong interactive programme titled “Pakistani Women, Innovative, Skillful for Empowerment” here on Friday March 8 to mark the International Women Day. The programme is aimed at highlighting contribution of women in business and paying tributes to their extraordinary role in contributing… Continue reading ICCI arranges programme to mark Int’l Women Day on Friday

ISLAMABAD, Mar 7 (APP):The National Vocational and Technical Training Commission (NAVTTC) has planned to initiate technical and vocational training for semi or unskilled local youth to meet the required jobs for upcoming China Pakistan Economic Corridor (CPEC) projects. The CPEC will attract more than 1.2 million direct jobs in various projects during next 10 years,… Continue reading NAVTC to train unskilled workers to meet required demand of CPEC projects

RAWALPINDI, Mar 06 (APP):Advisor to Prime Minister on Trade, Textile and Investment Razak Dawood Wednesday said that Pakistan,being a responsible state, did not opt to react hostilely on India’s withdrawing of most favorite nation (MFN) status to Pakistan. He said “We are assessing the situation as India has raised the custom duty to 200% on… Continue reading Pakistan not opted to react hostilely on Indian withdrawal of MFN status : Advisor

ISLAMABAD, Mar 6 (APP):A three-member delegation of Pakistan Furniture Council (PFC) Wednesday left for Saudi Arabia on a three-day visit to explore potential in the furniture sector. The delegation will visit different cities, including Jeddah, for opening outlets of Pakistan handmade world class furniture brands to expand local furniture outlook in addition to study the… Continue reading PFC delegation leaves for Saudi Arabia

ISLAMABAD, Mar 5 (APP):Minister for Planning, Development and Reform Makhdoom Khusro Bakhtyar Tuesday said that the government was focusing on equitable development of marginalized regions of the country including Balochistan, South Punjab and merged districts of Khyber Pakhtunkhwa and urged upon the World Bank to extend cooperation towards this end. The Minister was talking to… Continue reading WB urged to finance projects in Pakistan’s underdeveloped areas

ISLAMABAD, Mar 4 (APP):METRO shared its expansion and investment plans with Board of Investment (BOI) for Pakistan especially for Punjab with new store opening in Multan along with expansion of E-Commerce (METRO Online) and Franchise (Freshly) business. The METRO delegation led by Managing Director Marek Minkiewiczand and BOI Committee lead by Chairman/ MOS Haroon Sharif… Continue reading METRO shares its expansion, Investment Plans with BOI

Najam ul Hassan ISLAMABAD, Mar 4 (APP):The country’s trade surplus with Afghanistan jumped 44 percent in January 2019 as the value of surplus rose to US$127.819 million in the month as compared to the surplus worth of $88.749 million in same month of previous year. The trade surplus during first seven months (July-January) of current… Continue reading Trade surplus with Afghanistan jumps 44% in January

ISLAMABAD, Mar 3 (APP):A state-of-the-art oil refinery and petrochemical complex, being established at Gwadar deep seaport city, has tremendous potential to capture markets in China and Central Asian landlocked states where fuel supply takes weeks to reach through other routes. Under the China Pakistan Economic Corridor (CPEC), the fuel transportation to China via Pakistan would… Continue reading Gwadar oil facility has potential to capture China, Central Asian markets

ISLAMABAD, Mar 1 (APP):Advisor to Prime Minister on Commerce, Textile, and Industry Abdul Razzak Dawood Friday said that the government was reforming the Federal Board of Revenue (FBR) that was pivotal for promoting ease of doing business. He was chairing a meeting on the customs valuation herd here today. Member Customs, Dr. Jawad Owais Agha… Continue reading Bringing reforms in FBR vital for ease of doing business: Razzak Dawood

LAHORE, Mar 01 (APP):A business delegation from Singapore held business-to-business (B2B) meetings with their Pakistani counterparts on Friday, to explore new trade and investment opportunities in Pakistan. Head of the delegation, Shamsher Zaman, who is also Singapore’s Ambassador to Jordan, and Lahore Chamber of Commerce and Industry (LCCI) President Almas Hyder, termed it a historic… Continue reading Singapore business delegation in Lahore, keen to invest in Pakistan

KARACHI, Mar 01 (APP):Karachi Chamber of Commerce and Industry (KCCI) has been invited to participate in the SelectUSA Investment Summit-2019 scheduled to be held in Washington DC from 10 to 12 June. The invitation has been extended to KCCI by Senior Commercial Officer at Consulate General of the United States of America here, Mark Russel… Continue reading KCCI invited to participate in USA Investment Summit

KARACHI, Mar 01 (APP):President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Engr. Daroo Khan Achakzai , who is on visit to Saudi Arabia on the occasion of 75th anniversary celebrations of Jeddah Chamber of Commerce (JCC), has a detailed meeting with Vice Chairman, Jeddah Chamber of Commerce, Sheikh Mazen M. Batterjee. In the… Continue reading FPCCI, JCC discuss ways to promote Pak, Saudi trade

ISLAMABAD, Mar 01 (APP):Ambassador of Germany to Pakistan Martin Kobler has proposed that Pak-German Joint Chamber of Commerce and Investment should be created for further promotion of bilateral trade and investment. He said that Germany was Pakistan’s biggest trading partner in European Union with trade balance in favor of Pakistan. He was addressing a workshop… Continue reading Pak-Germany Joint Chamber proposed to promote bilateral trade

ISLAMABAD, Mar 1 (APP):The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Friday said Prime Minister Imran Khan has united the divided nation and successfully foiled the unholy designs of Indian Prime Minister. The statesmanship of PM Khan, amid Pak-India conflict, without compromising on the country’s sovereignty has enriched his domestic and global image… Continue reading PM Khan’s statesmanship wins global recognition

KARACHI, Mar 1 (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 139.00 138.50 138.22 U.K 184.30 183.64 183.26 EURO 158.08 157.51 157.19 CANADA 105.61 105.23 104.95 SWITZERLAND 139.21 138.71 138.34 AUSTRALIA 98.63 98.28 98.02 SWEDEN 15.05 14.99… Continue reading NBP Exchange Rates

ISLAMABAD, Feb 28 (APP):Finance Minister, Asad Umar, said Thursday that the government had taken steps for ease of doing business and had been facilitating both domestic and foreign investors with various incentives including rationalization of tax regime. Talking to a visiting Singapore business delegation, he said more such steps were envisaged in the budget 2019-20.… Continue reading More measures envisaged in upcoming budget for ease of doing business: Asad

ISLAMABAD, Feb 28 (APP):A state-of-the-art oil refinery and petrochemical complex, being established at Gwadar deep seaport city, has tremendous potential to capture markets in China and Central Asian landlocked states where fuel supply takes weeks to reach through other routes. Under the China Pakistan Economic Corridor (CPEC), the fuel transportation to China via Pakistan would… Continue reading Gwadar oil facility has potential to capture China, Central Asian markets

ISLAMABAD, Feb 28 (APP):Iran has shown interest in importing meat and livestock products from Pakistan as it has huge potential in this particular sector. Iranian Ambassador Mehdi Honardoost, during a call on meeting with Minister for National Food Security and Research, Sahibzada Mehboob Sultan, said that Iran had a big demand for these products, adding… Continue reading Iran shows keen interest to import meat, livestock from Pakistan