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Danish trade delegation to visit Pakistan in October: Ambassador KARACHI: Ambassador of Denmark, Jesper Moller Sorensen has said that for the first time, a trade delegation from Denmark will be visiting Pakistan in October 2014 to explore ways and means of enhancing trade and look for partnership in various sectors.Exchanging views with KCCI office bearers during his visit to Karachi Chamber on Thursday, the Danish Ambassador said that representatives of eight Pakistani companies will also be visiting Denmark this month (September) where they will meet Danish businessmen in order to expand their businesses and explore the possibility of undertaking joint ventures.Vice Chairman Businessmen Group, Anjum Nisar, Acting President KCCI, Muffasar Atta Malik, Vice President KCCI, Muhammad Idrees, Commercial Counsellor, Embassy of Denmark Assar Noman Qureshi, Commercial Advisor, Embassy of Denmark Aslam Perwaiz, Area Sales Manager, DNP Denmark Anjum Parwaiz and KCCI Managing Committee members were also present at the meeting.The Ambassador of Denmark while commenting on existing trade relations ...

China to invest $50bn in development projects in Pakistan ISLAMABAD: China intends to invest as many as $50 billion by 2017 in various sectors of Pakistan's economy, particularly in energy sector to help the country overcome power crisis and help sustainable economic growth, President Pak-China Joint Chamber of Commerce and Industry Shah Faisal Afridi said."China has planned to replicate the model of Shanghai Free Trade Zone (SFTZ) by investing $50 billion into a number of projects including coal, solar and wind energy till 2017 ...
SECP to ease regulatory compliance regime ISLAMABAD: Chairman, Securities and Exchange Commission of Pakistan (SECP) Tahir Mahmood on Thursday said that procedural improvements are being made to ease the regulatory compliance regime for registered entities.The SECP is working towards improving the business climate in Pakistan by reducing bottlenecks in the appointment of foreign directors in local companies and simplifying the disclosure requirements for unlisted companies, he said.The Chairman SECP was addressing the business community during his visit to Overseas Investors Chamber ...
SECP allows companies to circulate annual reports via e-mail ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has allowed electronic transmission of annual reports along with notices of annual general meetings in order to reduce the cost of compliance with regulatory requirements for companies through effective use of technology.The SECP, in a notification, permitted companies to send their annual reports along with notice of annual general meetings to their members through e-mail provided they have given their consent in advance and registered their ...
TDAP to hold 4-day lifestyle expo in India from Sept 11 ISLAMABAD: The Trade Development Authority of Pakistan (TDAP) will hold 4-day "Alishan Pakistan", the second edition of the lifestyle Pakistan exhibition in New Delhi from Thursday.TDAP Chief Executive S. M. Munir prior to his departure to India told APP Wednesday that over 800 participants from Pakistan will attend the event.The exhibition will showcase top quality of Pak textiles, including high-end designer wear, various furniture houses will also exhibit and sell as well as market their ...
Mobile phone imports up 8.24pc in July ISLAMABAD: The mobile phone imports into the country increased by 8.24 percent during the first month of the year 2014-15 over the same period of last year.The imports of mobile phone into the country during the month of July (2014-15) were recorded at $48.362 million against the imports of $44.679 million during July (2013-14), according to the data of Pakistan Bureau of Statistics (PBS).On month on month basis, the mobile phone imports into the country ...
About 15.1mn cotton bales production expected ISLAMABAD: About 15.1 million cotton bales production is expected during the current crop season as cotton sowing witnessed 4.5 percent increase in Punjab and 5.8 percent in Sindh Province.The Punjab Province had achieved over 94 percent of crop sowing target set for the current crop season, said Cotton Commissioner in the Ministry of Textile Industry, Dr. Khalid Abdullah.Talking to APP here on Monday, he said that the crop was cultivated over 5.68 million acres as ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln