ISLAMABAD, Nov 28 (APP):Advisor to the Prime Minister on Commerce, Textiles and Investment Abdul Razak Dawood on Wednesday said Indonesia had notified unilateral concession on 20 tariffs to Pakistan to provide more market access through expansion of Preferential Trade Agreement (PTA) between the two countries.
Category: Business
Business news from Pakistan
Senate body for conducting audit report of tax collection in tobacco sector
ISLAMABAD, Nov 28 (APP):Senate Committee Wednesday directed the concerned authorities to submit the audit report of tax collection of tobacco sector during the year 2016-17 when the tax collection witnessed sharp decline to Rs 74 billion from Rs 111 billion a year ago.
Suzuki planning to set up another production plant in Karachi: Osamu
RAWALPINDI, Nov 28 (APP):Suzuki Motor Corporation (SMC) Chairman Osamu Suzuki Wednesday said the company is planning to invest $450 million by setting up another production plant in Karachi.
Tunisia-Pakistan PTA expected in first quarter of 2019
LAHORE, Nov 28 (APP):Ambassador of Tunisia Adel Elarbi said on Wednesday that Preferential Trade Agreement (PTA) between Tunisia and Pakistan was in process and hopefully it would be signed during the first quarter of 2019.
Govt taking steps to strengthen country’s economy :Farrukh Saleem
ISLAMABAD, Nov 28 (APP):The Government Spokesperson on Economy and Energy Farrukh Saleem Wednesday said the government was gradually overcoming the economic crisis, besides taking steps to further strengthen the national economy by enhancing the trade volume with neighboring countries.
PM invites companies, investors to explore immense potential of Pakistan
ISLAMABAD, Nov 28 (APP):Prime Minister Imran Khan Wednesday said the government was committed to facilitating the businessmen and investors in every possible manner, so that they could take advantage of the existing opportunities in Pakistan that also possessed 100 million population below 30 years of age.
Currency rates of NBP
KARACHI, Nov 28 (APP):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. U.S.A 135.24/ 132.09 S.ARABIA 35.79/ 34.47 U.K 172.76/ 168.74 JAPAN 1.1888/ 1.1605 EURO 152.95/ 149.40 U.A.E 36.91/ 33.85
NBP Exchange Rates
KARACHI, Nov 28 (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 133.90 133.70 133.43 U.K 171.05 170.79 170.44 EURO 151.44 151.22 150.91 CANADA 100.60 100.45 100.18 SWITZERLAND 134.05 133.85 133.50 AUSTRALIA 96.84 96.70 96.44 SWEDEN 14.81 14.79… Continue reading NBP Exchange Rates
Suzuki Motors likely to invest $450 mln in Pakistan
ISLAMABAD, Nov 27 (APP):Minister for Finance Asad Umar on Tuesday said the Suzuki Motors has expressed its interest to invest $450 million in Pakistan.
No gas load shedding in current winter: ECC decides
ISLAMABAD, Nov 27 (APP):The Economic Coordination Committee of the Cabinet (ECC) decided on Tuesday that there would be no gas load shedding during the current winter season.
PM for comprehensive plan to address issues related to livestock sector
ISLAMABAD, Nov 27 (APP):Prime Minister Imran Khan on Tuesday directed that a comprehensive plan be chalked out to address the issues related to the livestock sector.
Govt focusing on improving, simplifying taxation system thru new technology: Hammad
ISLAMABAD, Nov 27 (APP):State Minister for Revenue, Muhammad Hammad Azhar Tuesday said the government was focused on improving and simplifying taxation system by introducing new technology to facilitate the taxpayers.
Development in Afghanistan is development for Pakistan: Khusro Bakhtiar
ISLAMABAD, Nov 27 (APP):Minister for Planning, Development and Reform Makhdoom Khusro Bakhtiar Tuesday said that Pakistan was committed to make meaningful contribution in the reconstruction and rehabilitation effort of Afghanistan by carrying out various development activities.
SECP issues practices guide for BoD, general meetings
ISLAMABAD, Nov 27 (APP):Security and Exchange Commission of Pakistan (SECP) has issued a practices guide for conducting board of directors (BoDs) and general meetings.
Promotion of industrial cooperation, socio economic development to be top agenda of CPEC’s JCC: Khusro
ISLAMABAD, Nov 26 (APP):Minister for Planning, Development and Reform Makhdoom Khusro Bakhtiar Monday said Pakistan would attach top priority to the promotion of social-economic development and industrial cooperation sectors in the Joint Coordination Committee of China Pakistan Economic Corridor (CPEC) which would be held in Beijing next month.
Business community terms building Kartarpur corridor a significant breakthrough
ISLAMABAD, Nov 26 (APP):The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Monday hailed the government decision to build the Kartarpur corridor and said that it would also help to resolve other issues with India.
Import of gold down 12.86% in Jul-Oct
ISLAMABAD, Nov 26 (APP):The import of gold in the country during the first four months (July-October) of current fiscal year witnessed a decrease of 12.86 percent as compared to same period of previous year.
Rs 151.17 bn released for development projects under PSDP 2018-19
ISLAMABAD, Nov 26 (APP):The government has released Rs 151.17 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new schemes against the total allocations of Rs 675 billion.
Brazil keen to boost trade with Pakistan: Ambassador
ISLAMABAD, Nov 26 (APP):Brazil was keen to boost bilateral trade with Pakistan as both countries have great potential to enhance trade in many sectors as the Brazil has great expertise in producing renewable energy and it was producing 65 percent of energy from water and was using ethanol as bio-fuels.
SAARC consultation meeting on small scale fisheries from Nov 27 to 29
ISLAMABAD, Nov 26 (APP):Pakistan Agriculture Research Council (PARC) Aquaculture and Fisheries Program is organizing SAARC consultation meeting on “Small Scale Fisheries In South Asia” which is going to be held here from November 27 to 29.