02062016Sat
Last update: Sat, 06 Feb 2016 11am

Business & Economy

Pakistan - Business & Economy

12 exporters attends World Food Moscow Show to improve trade with Russia: TDAP ISLAMABAD: Trade Development Authority of Pakistan (TDAP) has arranged participation of 12 exporters from agricultural sector in World Food Moscow exhibition to improve volume of trade with Russia.The other objective of the participation was to help exporters introduce and capture Russian market.Sources at TDAP on Friday said the Authority is also arranging participation of 15 exhibitors in International Sports Exhibition in Moscow this year.The sources said to get competitive market access in Russian Federation by lowering the customs duties applicable on Pakistani goods, Ministry of Commerce has requested Ministry of Foreign Affairs to request Eurasian Economic Union for initiation of talks for a Free Trade Agreement.Another event is Heimtextil Moscow - a leading exhibition for textile products and TDAP arranges participation of Pakistani exporters in this exhibition every year.Regarding bilateral trade between Pakistan and Russian Federation in last 5 years, the sources said during 2010-11 Pakistan's exports to Russian Federation ...

Pakistan - Business & Economy

High-end new markets identified, accessed to increase fruits export ISLAMABAD: The government is undertaking various export promotional activities through trade exhibitions, identified and accessed high-end new markets to increase export of Pakistani fruits.The high-end markets are South Korea, Australia, Lebanon, United States (US), Mauritius, Bulgaria, Sweden, Latvia and Ireland.Citing the steps taken by the government to achieve exports target of Pakistani fruits, the sources at Commerce Division on Thursday said Ministry of Commerce under Strategic Trade Policy Framework 2012-15 announced subsidizing 50 percent cost ...

Pakistan - Business & Economy

Pakistan needs to improve its regulations related to agribusiness KARACHI: Pakistan is in urgent need to develop systematic agribusiness laws despite the fact that agriculture sector is the back bone of the economy, said Ahmad Jawad, a seasoned businessman and former Chairman of FPCCI Standing Committee.Commenting on the first edition of World Bank report "Enabling the Business of Agriculture 2016: Comparing Regulatory Good Practices," he said countries where agriculture accounts for less than 25 percent of GDP were found to have better regulatory systems."The ...

Pakistan - Business & Economy

Traders urged to improve tax compliance ISLAMABAD: The economic experts here in a seminar stressed that trade bodies across the country should play their role for improving tax compliance and minimizing informal economy.They urged that educating taxpayers including Small and Medium Enterprises (SMEs) on tax compliance was key to promote tax culture and improve tax revenue.Islamabad Chamber of Commerce and Industry (ICCI) organized a seminar on sales tax on services and inter-provincial harmonization in collaboration with the Association of Chartered Certified ...

Pakistan - Business & Economy

Gems and Jewellery can generate thousands of jobs: Masooma QUETTA: Thousands of news jobs could be generated by promoting business, vocational and designing training pertaining to precious gems and jewellery which would help in resolving unemployment issue in the country including Balochistan province.This was said by Member Balochistan Assembly, Masooma Hayat, Principal Gems and Jewellery Training and Manufacturing Centre Quetta, Bashir Agha and other speakers at NAVTCC Competition 2016 held under Prime Minister Youth Skills and Development Programme at Gems and Jewellery Training and ...

Pakistan - Business & Economy

PARC to train women to make value added olive products ISLAMABAD: Pakistan Agriculture Research Council (PARC) has embarked upon a plan to impart training to women farmers to make value added olive products by utilizing their own fruit to up raise standard of living."To develop cottage industry in target areas, woman farmers are being trained which would play important role in poverty alleviation of respective areas", spokesman of PARC told APP here on Wednesday.He said working in olive sector at this massive scale would also ...

Pakistan - Business & Economy

Shipping activity at Port Qasim KARACHI: Three ships carrying containers and edible oil were berthed at Qasim International containers Terminals and Liquid cargo terminal respectively.Meanwhile six more ships carrying containers, chemical, diesel oil and LPG Mix also arrived at outer anchorage of Port Qasim during last 24 hours.Berth occupancy was 75% at the port on Wednesday where a total eight ships namely Maersk Hartford, CGM Mollere, Ping An Song, Zante, Athinoula, Maria, SCF Plymouth and Chemroad Sea are currently occupying ...