LCCI chief for result-oriented budget to end economic miseries

LAHORE, Apr 22 (APP):Lahore Chamber of Commerce and Industry (LCCI) President Malik Tahir Javaid on Sunday emphasized the need for a result-oriented federal budget aimed at addressing the miseries of trade, industry and economy. The LCCI president told APP here that federal budget was the most important document of any country as it set economic… Continue reading LCCI chief for result-oriented budget to end economic miseries

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ICST demands package for agriculture sector in upcoming budget

ISLAMABAD, Apr 22 (APP):Terming the agriculture as the backbone of the economy, Islamabad Chamber of Small Traders (ICST) Sunday demanded purposeful relaxations for this sector in the upcoming budget to strengthening it. “The agricultural sector should be given a package aimed at improving lives of millions of farmers and improving the output which is not… Continue reading ICST demands package for agriculture sector in upcoming budget

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Islamic Banking investments rise 1.8% in Oct-Dec

ISLAMABAD, Apr 22 (APP):Net investments of Islamic banking industry recorded an increase of 1.8 percent (Rs.9 billion) during the quarter from October to December, 2017 and were recorded at Rs. 534 billion by end December, 2017 compared to Rs. 525 billion in the previous quarter. Break up of investments (net) among full-fledged Islamic banks and… Continue reading Islamic Banking investments rise 1.8% in Oct-Dec

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Finance Adviser meets CEO World Bank

APP03-21 WASHINGTON: April 21 - Adviser to Prime Minister on Finance, Miftah Ismail in a meeting with CEO, World Bank, Kristalina Georgieva. APP

  ISLAMABAD, Apr 22 (APP):Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Miftah Ismail met with Managing Director and Chief Executive Officer of the World Bank, Kristalina Georgieva in Washington, and discussed WB’s portfolio in Pakistan as well as the future pipeline. He briefed the MD about Pakistan’s economic performance over the… Continue reading Finance Adviser meets CEO World Bank

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Commerce Ministry formulating STPF 2018-23 to facilitate local SMEs, Industry

ISLAMABAD, Apr 21 (APP):Commerce Division and National Tariff Commission (NTC) have drafted National Tariff Policy to make exports more competitive and facilitate participation of local manufacturers, including SMEs, in global and regional value chains. This policy will be an integral part of the upcoming Strategic Trade Policy Framework (STPF) 2018-23 and the objective of the… Continue reading Commerce Ministry formulating STPF 2018-23 to facilitate local SMEs, Industry

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Pakistan set to achieve higher GDP growth: Miftah tells IMF, WB

ISLAMABAD, Apr 21 (APP):Adviser to Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail had told the IMF and World Bank that Pakistan was set to achieve high GDP growth rate during current year again and was hoping to maintain this momentum in the coming years due to robust performance of the real sector… Continue reading Pakistan set to achieve higher GDP growth: Miftah tells IMF, WB

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No further devaluation of Pak rupee in near future : Miftah Ismail

ISLAMABAD, Apr 21 (APP):Adviser to Prime Minister on Finance, Miftah Ismail has said that Pakistan does not see any further devaluation of rupee in near future. He said now the exports had captured the upward trend as in just March, the exports were up 24 per cent from a year ago. “So I see good… Continue reading No further devaluation of Pak rupee in near future : Miftah Ismail

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Pakistan among top 5 countries in infrastructure investment

ISLAMABAD, Apr 19 (APP):Pakistan has become one of top five countries across the globe in Private Infrastructure Investment during the year 2017 as it received US$5.9 billion during the year, according to a report released by World Bank. “Fifty-two countries received PPI investments in 2017, which was a significant increase over the 2016 level of… Continue reading Pakistan among top 5 countries in infrastructure investment

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Pakistan, Uzbekistan agree to form joint working group on trade, investment

ISLAMABAD, Apr 19 (APP):Pakistan and Uzbekistan on Thursday agreed to form a joint working group on trade and investment to boost bilateral trade volume.The agreement was made at a meeting between high-ranking Ministerial delegation from Uzbekistan led by Uzbek Minister for Foreign Trade Khodjaev Jamshaid and Secretary Commerce Mohammad Younus Dagha here. Uzbek delegation also… Continue reading Pakistan, Uzbekistan agree to form joint working group on trade, investment

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Pakistan can get good share in Japanese market through competitiveness, diversity: Japanese Ambassador

KARACHI, Apr 19 (APP):Ambassador of Japan to Pakistan, Takashi Kurai has advised the Pakistani Business Community to become cost and quality competitive along with coming up with diversity of products to capture significant share of Japanese market. Japanese like Pakistani goods including textile especially apparel and agriculture products. There was great demand for Pakistani mango,… Continue reading Pakistan can get good share in Japanese market through competitiveness, diversity: Japanese Ambassador

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British trade minister assures Pakistan more market access

ISLAMABAD, Apr 19 (APP):British Minister of State for Trade Policy Greg Hands has assured to work with Pakistan to promote it as a safe destination for British investment and assured that post Brexit, Pakistan will get more generous market access in the United Kingdom as compared to the access which it currently enjoyed under GSP… Continue reading British trade minister assures Pakistan more market access

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PCJCCI suggests developing Gilgit-Baltistan as Pak-China Tourism Zone

LAHORE, Apr 19 (APP):The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has suggested to develop Gilgit-Baltistan as a joint tourism zone for people of Pakistan and China. PCJCCI President SM Naveed said while addressing a meeting of the PCJCCI here on Thursday which was also attended by a number of senior members of the… Continue reading PCJCCI suggests developing Gilgit-Baltistan as Pak-China Tourism Zone

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Cotton crop to be cultivated over 2,955 thousand hectares

ISLAMABAD, Apr 19 (APP):Cotton crop to be cultivated over 2,955 thousand hectares of land across the crop growing areas in the country during current sowing season to fulfill the domestic requirements of the commodity as well as for exporting. The cotton production targets for the crop season 2018-19 were fixed at 14.370 million bales with… Continue reading Cotton crop to be cultivated over 2,955 thousand hectares

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Govt introduces lucrative incentives to attract foreign investment;Minister

RAWALPINDI, Apr 18 (APP):The Rawalpindi Chamber of Commerce and Industry (RCCI) organized Pak-Uzbek networking session at a local hotel here on Wednesday. Addressing the networking session as chief guest, Minister of state for Finance Rana Afzal said Pakistan offers promising investment opportunities and government has introduced lucrative incentive to attract foreign investors. Halal food, tourism,… Continue reading Govt introduces lucrative incentives to attract foreign investment;Minister

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NPO holds conference on energy efficiency, conservation

ISLAMABAD, Apr 18 (APP):The National Productivity Organization (NPO) hosted on Wednesday a conference on Energy Efficiency and Conservation here to demonstrate best environmental practices. The speakers at the conference shared the progress of the green productivity campaign, an energy efficiency campaign attempts to address the current energy gap and global environmental challenges through the creation… Continue reading NPO holds conference on energy efficiency, conservation

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SAARC CCI President convenes meeting of all VPs in Pakistan

ISLAMABAD, Apr 18 (APP):The newly appointed President SAARC Chamber of Commerce and Industry, Ruwan Edirising had convened his first 3-day meeting of Senior Vice Presidents and all Vice Presidents from member countries in Pakistan on April 27 to finalize vision 2030. Talking to Vice President SAARC chamber Pakistan chapter Iftikhar Ali Malik by telephone from… Continue reading SAARC CCI President convenes meeting of all VPs in Pakistan

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Govt to consider banking sector budget proposals: Miftah

ISLAMABAD, Apr 17 (APP):Adviser to the Prime Minister on Finance Miftah Ismail Tuesday assured the Pakistan Bankers Association (PBA) that the government would accord due consideration to the proposals of the banking sector for upcoming budget and accommodate them to the extent possible. The advisor was talking to a PBA delegation during a meeting here.… Continue reading Govt to consider banking sector budget proposals: Miftah

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Ahsan approves Rs 45 bn for HEC under PSDP 2018-19

ISLAMABAD, Apr 17 (APP):Minister for Planning, Development and Reforms, Ahsan Iqbal on Monday approved allocation of Rs 45 billion for the development budget of Higher Education Commission (HEC) under Public Sector Development Programme (PSDP) 2018-19. The HEC has recommended to allocate Rs 35 billion for the upcoming fiscal year but the minister gave additional ten… Continue reading Ahsan approves Rs 45 bn for HEC under PSDP 2018-19

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Cassini Partners announces official launch of operations in Pakistan

ISLAMABAD, Apr 17 (APP):Cassini Partners on Tuesday announced the official launch of its operations in the country and an event in this connection would he held here on May 2. The event will be marked by a presentation and discussion with the management and Board of Directors in the presence of Minister of State and… Continue reading Cassini Partners announces official launch of operations in Pakistan

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