12082016Thu
Last update: Thu, 08 Dec 2016 12pm

Business & Economy

Pakistan - Business & Economy

Nepal wants to enhance bilateral trade: Ambassador RAWALPINDI: Nepal wants to enhance trade relations with Pakistan and appreciated the role of Rawalpindi Chamber of Commerce and Industry (RCCI) for promoting bilateral trade relations and organizing Made in Pakistan Expo for the last seven years.The Ambassador Sewa Lamsal Adhikari said during her visit to Rawalpindi Chamber of Commerce and Industry here Monday.She urged business community of both countries to boost volume of trade between the two countries.She said Pakistan and Nepal has strong relations due to Gandhara civilization.The envoy said we want to boost trade relations especially in the field of tourism, hydro power and agriculture.She assured full support and cooperation for boosting bilateral trade and called for frequent exchange of trade delegations.Nepal offers lucrative incentives for investors in terms of banking, custom tariff and fees and labour laws.She said the people of Nepal are thankful to Pakistan government for sending rescue and medical teams during the 2015 ...

Pakistan - Business & Economy

FPCCI chief calls for making ECO as a vibrant block ISLAMABAD: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Abdul Rauf Alam on Monday said Economic Cooperation Organisation (ECO) countries have great potential and the importance of this block has increased manifold in the current set of circumstances.He said "we will try our best to make this block vibrant while government of the related countries should also play their role for the sake of rapid development which will reduce poverty and ...

Pakistan - Business & Economy

PSO has ample fuel reserves to meet nation's needs KARACHI: The Pakistan State Oil (PSO) has repudiated the news circulating in some sections of the media fomenting speculations about shortage of fuel in the country.The PSO has clarified that there is no imminent shortage of fuel in the country as PSO has ample fuel reserves in its stocks and it's being dispensed off as usual at all PSO retail outlets across Pakistan.A statement here on Monday said that followed by a recent incident at ...

Pakistan - Business & Economy

Innovation, entrepreneurship a must for economic activity: FCCI FAISALABAD: Engineer Ahmed Hasan, vice president, Faisalabad Chamber of Commerce and Industry (FCCI), Monday said that innovation and entrepreneurship were prerequisite to generate much-needed economic activity in the country.He was addressing the inaugural session of a workshop on 'Innovation and Entrepreneurship', jointly organised by the University of Agriculture Faisalabad (UAF) and the Institute of Engineers Pakistan (IEP), here.He said that Pakistan was a country of more than 190 million people, making it 6th largest country ...

Pakistan - Business & Economy

Increase in trade with USA needed KARACHI: Chairman, Rice Exporters Association of Pakistan (REAP) Mahmood Moulvi has emphasized on increasing bilateral trade of Pakistan and United States of America; especially in agriculture produce." Pakistan exports a good quality rice to USA and still there is a good potential to increase market share there," he said in his speech to welcome United States' Consul General in Karachi Ms. Grace W. Shelton at a lunch hosted by REAP's Patron-in-Chief Abdul Rahim Janoo for ...

Pakistan - Business & Economy

Turkey can help Pak businessmen to export products to Europe LAHORE: Turkey can provide huge opportunities to the Pakistani exporters to market their products including Pak handmade furniture in European markets in collaboration with Turkish companies.A Turkish furniture producers' delegation headed by a leading Turkish businessman Ahmet on Monday visited 3-days 6th Interiors Pakistan exhibition at Expo Center organized by PFC here at its concluding day.The members of the delegation also visited the stalls installed by more than 100 leading producers and interior designers and ...

Pakistan - Business & Economy

Shipping activity at Port Qasim KARACHI: Three ships, C.V MSC Maria Elena, C.v Express Black Sea and M.V Eternity SW carrying containers and project cargo were allotted berths at Qasim International Container Terminal and Multipurpose Terminal respectively on Sunday, 27th November-2016.Meanwhile three more ships with containers, LPG and diesel oil also arived at outer anchorage of Port Qasim on Friday morning25th November.Berth occupancy was manager at the Port at fifiy three percent on Sunday where a total of eight ships ...