Islamabad: Ambassador of Republic of Iraq to Pakistan Dr. Rushdi Al-Ani on Monday said local business community needs to benefit for investment boom in Iraq. Inviting Pakistani industry to participate in the re-building of Iraq by making investments and entering into business ventures, he said that situation in Iraq is ... Read More »
Category Archives: Business
Feed SubscriptionMultiple Sales Tax Rates be Reduced to Single Digit to Curb Parallel Economy
Islamabad:Former President FPCCI Tariq Sayeed has said that GDP growth should be increased at least 5% relief and facilitation should be provided to the common man through the taxation system,he said while apprising Dr. Abdul Hafeez Shaikh, Federal Minister for Finance about the aims and objectives of FPCCI’s Proposals for ... Read More »
IMF doubts Pakistan’s capacity to repay loans, introduce reforms
Lahore:The Pakistan Economy Watch (PEW) on Sunday said it would be difficult for Pakistan to secure another bailout package from the IMF to avoid looming crisis of external payments. Pakistan has good relations with the US in 2008 when it got 7.6 billion dollar loan after two weeks of negotiations ... Read More »
Pakistan’s poor power generation is rising political instability?
Lahore:Electricity in Pakistan is generated, transmitted, distributed and retail supplied by two vertically integrated public sector utilities: Water and Power Development Authority (WAPDA) for all of Pakistan (except Karachi), and the Karachi Electric Supply Corporation (KESC) for the City of Karachi and its surrounding areas. There are around 20 independent ... Read More »
SAARC Chambers demand balanced budget
Islamabad: Vice President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik on Saturday said government should introduce a budget that can trigger economic activity in the country. There is a break in growth since few years while the economy continues to nosedive with which is a matter of great ... Read More »
Pakistan, India asked to accelerate trade liberalisation
Islamabad:The Attock Chamber of Commerce and Industry on Saturday asked Pakistan and India to speed up trade liberalisation efforts. Pakistan and India are the two most populous and largest economies in South Asia while trade volume remains unsatisfactory, it said. Liberalised trade will help both countries save billions in the ... Read More »
Enhanced trade only strong incentive against Pak, India tensions
Islamabad:The Attock Chamber of Commerce and Industry on Friday said enhanced trade is emerging as a strong incentive against war between Pakistan and India. The two countries have missed many opportunities in last 65 years before a formal trade deal which can reduce tensions and cut defence budgets to benefit ... Read More »
CJP asked to take note of conspiracies against Thar Coal project?
Lahore:The Punjab Forum on Wednesday said that vested interests have targeted Thar Coal project after burying Kala Bagh dam (KBD) project to bleed the country dry. Pakistan can never become a stabilised and energy secured country in the absence of critical projects which are being made controversial on purpose, it ... Read More »
German companies interested in Thar Coal
Federal Republic of Germany on Monday said some German companies have interest in the potential of Thar Coal. Germany has a big coal industry, a long history and expertise in the clean coal technology which reduces the environmental impact of energy generation from coal, said Samy Saadi, Head of Economic ... Read More »
popular budget can be devastating for the economy.ACCI
Islamabad: The Attock Chamber of Commerce and Industry (ACCI) on Sunday said a popular budget can be devastating for the economy. Government should not compromise economic considerations for the sake of a popular budget in the election year, it said. Talking to business community, Tariq Mehmood, President ACCI said that ... Read More »