05282016Sat
Last update: Sat, 28 May 2016 02pm

Business & Economy

Pakistan - Business & Economy

Pakistan imports 5,131.194 mt fertilizers in last three years, Senate toldpp ISLAMABAD: The country has imported 5,131,194 metric ton fertilizer worth $ 2,272.3 million in last three years, Minister for Commerce Khurram Dastigir said Friday.Answering the questions of Senators, he said Saudi Arabia and China are major fertilizer import countries. Fertilizer import is likely to decrease due to import of Liquefied Natural Gas (LNG).Giving the details of 1,270,777 mt fertilizer worth $658.6 million was imported in 2012-13. 1,833,243 mt fertilizers worth $670 million was imported in2013-14 and 2,027.174 mt fertilizers worth $913.7 million was imported in 2014-15.Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Business & Economy

JCCI delegation visits FPCCI LAHORE: A sixteen-member delegation from Jhang Chamber of Commerce and Industry (JCCI) visited the Regional Office of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Lahore on Thursday.Vice President and Regional Chairman FPCCI Mian Rehman Aziz while welcoming the delegation gave a comprehensive briefing on the role of the FPCCI and its activities on national and international level.The delegates raised various questions on bilateral trade and economic relations with neighbouring countries, role of FPCCI ...

Pakistan - Business & Economy

CASA-1000 energy project to generate employment opportunities: KPCCI leader PESHAWAR: The leaders of Khyber Pakthunkhwa Chamber of Commerce and Industry (KPCCI) and politicians here Thursday welcomed the launching of Central Asia South Asia (CASA-1000) electricity project during the historic visit of Prime Minister Nawaz Sharif to Tajkistan.They termed it a landmark step towards revitalization of energy-starved economy of our country besides promote trade and generating employment opportunities for people.Talking to APP, Fawad Ishaq, former President KPCCI welcomed the launching of CASA-1000 electricity project and ...

Pakistan - Business & Economy

Govt. establishing Expo Center Peshawar to promote businesses ISLAMABAD: In line with Lahore Expo Center, the federal government is all set to establish a modern Expo Center Peshawar to facilitate the business community exhibit their products in order to promote trade and investment for the prosperity of the country.The Expo center would be completed by May 2017 with the cumulative cost of Rs.5 billion, official sources said adding the center would be equipped with all latest facilities for trade promotion.Currently, land has been ...

Pakistan - Business & Economy

Imports decrease 3.7pc in 10 months ISLAMABAD: Imports into the country declined by 3.70 percent during the first ten months of the current fiscal year as compared to the corresponding period of last year.Imports into the country during July-April (2015-16) were recorded at $36.338 billion, compared to the imports of $37.734 billion during July-March (2014-15), according to the data of Pakistan Bureau of Statistics (PBS).The exports from the country also witnessed negative growth of 12.99 percent by falling from $19.910 billion ...

Pakistan - Business & Economy

Pakistan keen to lay Rail-Tracks as Trade Corridors: Minister ISLAMABAD: Minister for Commerce Engr. Khurram Dastagir Khan has said that Pakistan is deeply interested into laying modern Rail Tracks and refurbishing existing routes for direct and transit trade with Afghanistan and Iran.Chairing a meeting with business delegation from South Africa here on Wednesday, the minister said the Govt considers Rail-Tracks as Trade Corridors because it will play vital role in boosting Pakistani exports and facilitating transit trades.The South African delegation was led by Mr. ...

Pakistan - Business & Economy

Pak keen to expand economic and trade cooperation in the region: NA Speaker ISLAMABAD: Speaker National Assembly Sardar Ayaz Sadiq has said that Pakistan was keen to expand its economic and trade cooperation in the region extending to Central and South East Asia. He said that Pakistan desired to facilitate foreign investment in Pakistan infrastructure, information technology, health and energy sectors.He expressed these views while speaking to Ambassadors of Japan and Turkmenistan, who called on him separately here at Parliament House on Wednesday.While talking to Japanese Ambassador Mr. ...