Saturday, December 5, 2020

exports

Capacity building session on exports enhancement held at KCIP

A Capacity building session on exports enhancement was held in Mehran Commercial Enterprises located in Korangi Creek Industrial Park on “Exporting Issues and Enhancement” on Friday. The speaker of the workshop was former Secretary Commerce & Finance Mohammad Younus...

PBIF calls for improved laws on power theft

The PBIF stressed the need of improved laws on power theft, instead weighing the bills on public, the government should prepare the policy for curtailing electricity thefts. President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance...

Pakistan tops in discount rate among Asian countries

State Bank of Pakistan SBP in its meeting on Tuesday raised the discount rate by 100 bps to 13.25 percent with effect from 17th July 2019. The decision takes into account upside inflationary pressures from exchange rate depreciation since the...

Deadline should be extended after improving Amnesty scheme: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain said that the deadline should be extended after improving amnesty...

Interest rate hike to slowdown economy: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said recently announced monetary policy is too aggressive....

Asad launches MTEF report

Pakistan's Finance Minister Asad Umar launched the Medium-Term Economic Framework (MTEF) report titled ‘Road map to Stability, Growth and Productive Employment’. The policy framework has been developed based on inputs from the Prime Minister Economic Advisory Council (EAC) and development...

FTA modification will boost trade between Pakistan and Malaysia: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Saturday said that Pakistan is the second state after...

Pakistan: Exports remained flat at USD 1.89bn in Feb 19

Latest data reveals that during Feb’19, exports remained similar to last year’s levels and clocked in at USD 1.89bn while down by 8% MoM to USD 2.04bn in Jan’19. Textile exports, which comprise around 58% of total exports, posted...

Malaysian CG for reviewing tariff increase of air conditioners

Consul General of Malaysia Khairul Nazam Abd Rahman, while expressing concerns over the decision taken by Pakistan’s Ministry of Commerce to increase tariff (Regulatory Duty) on import of air conditioners, said that the decision to raise tariffs on import...

US-China trade conflict effects

US-Chinese has been weighing on the stock markets since they entered a hotter phase last year. Mutual sanctions give rise to fears for trade between the two major economies, and thus for the growth of the global economy. Because...
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Russian Ambassador: We still have time to extend the START treaty with America

Russian Ambassador to Washington Anatoly Antonov announced that there is still enough time to extend the new "START" treaty on reducing the nuclear arsenal...

Christmas in Italy: Movement between regions banned amid high COVID toll

Italy announced a ban on movement between local areas during the Christmas holidays; In order to contain the spread of the Coronavirus (Covid-19), the...

NATO: Early withdrawal could expose Afghanistan to terrorism

NATO said that an early withdrawal from Afghanistan could leave the country a haven for international terrorism. The Secretary-General of NATO, Jens Stoltenberg, announced that...

Trump’s European allies resisted sanctions on Iranian banks

A diplomatic correspondence showed that Germany, France, and Britain urged the administration of US President Donald Trump in late October to reconsider imposing new...