Posts Tagged ‘Business’

Pak-Ukraine trade ties discussed

Pak-Ukraine trade ties discussed

ISLAMABAD: Ambassador of Ukraine to Pakistan, Igor Pasco called on the Federal Minister for Commerce Makhdoom Amin Fahim here on Tuesday and discussed ways and means to further strengthen the trade ties between the two countries. The Federal Minister for Commerce said, Ukraine is a big market for semi-finished goods and asked for strengthened trade [...]

Govt considering a relief for textile sector: Tareen

Govt considering a relief for textile sector: Tareen

KARACHI: PM’s Advisor on Finance Shaukat Tareen said that the government was considering to provide a relief to textile sector on their loan repayments to improve cash flows.
He was replying to media questions after chairing a meeting to review the performance of Pak‑Lybia Holding Company Ltd at FTC building here Saturday.
He said that mark up [...]

Pakistan, Kenya has great trade potential: ICCI

Pakistan, Kenya has great trade potential: ICCI

ISLAMABAD: The present volume of trade between Pakistan and Kenya is not up to full potential while both countries offer plenty of opportunities to enhance bilateral trade.
This was said by Mian Shaukat Masud, President, Islamabad Chamber of Commerce and Industry while talking to Mrs. Mishi Masika Mwatsahu, High Commissioner of Kenya who visited ICCI.
The ICCI [...]

Women Business Development Center to start functioning in Peshawar by end of Jan

Women Business Development Center to start functioning in Peshawar by end of Jan

PESHAWAR: Women Business Development Center, being set up with the objective of facilitating women entrepreneurship in NWFP, will start functioning in Peshawar from end of current month.
The project, to be completed at a cost of Rs. 30 million, will provide support to women entrepreneurship ventures in the province by removing handicaps as regard to business [...]

Govt to bring legislation to protect investment: Minister

Govt to bring legislation to protect investment: Minister

LAHORE: Federal Minister for Investment Senator Waqar Ahmed Khan has said that government has decided to bring legislation  for the protection of investment for next ten years in the country.
Speaking at Lahore Chamber of Commerce and Industry on Tuesday, he said, “The government will not only give full protection to the investments, bilateral trade agreements [...]

Pakistan’s banking sector remains strong: report

Pakistan’s banking sector remains strong: report

KARACHI: The Pakistani banking sector has remained remarkably strong and resilient during the last 18 months but the excessive dependence of economy on banking system is quite stark in comparison with the other emerging economies, said Financial Stability Review 2007-08 released by the State Bank of Pakistan (SBP) here.
Pakistan’s banking sector has remained remarkably strong [...]

15% Tax GDP ratio must to maintain 7% economic growth : Tareen

15% Tax GDP ratio must to maintain 7% economic growth : Tareen

KARACHI, (APP): Advisor to Prime Minister on Finance, Revenue and Economic Affairs, Shuakat Tareen has underlined the need for bringing all kind of income under tax net to ensure high rate of economic growth. “ We need 15% tax‑GDP ratio only to maintain economic growth at around 7 percent. If we want more economic growth [...]

SECP registers 4,461 companies during 2008

SECP registers 4,461 companies during 2008

ISLAMABAD, (APP): The Securities and Exchange Commission of Pakistan (SECP) has registered 4,461 companies during 2008, as compared to 4,837 companies registered during last year.
The total registration of 4,461 companies during the year, comprising 4,153 private companies, 175 single member companies, 67 public companies, 39 associations not for profit licenced under section 42 of the [...]