Business & Economy
Friday, 10 May 2013 15:38
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KARACHI: President, Karachi Chamber of Commerce and Industry, Muhammad Haroon Agar has welcomed the three health ordinances signed and promulgated by Sindh Governor Dr. Ishrat-ul- Ebad Khan on the occasion of international thalassemia day.These ordinances relate to thalassemia, mental healthcare and health commission, said a KCCI release here on Thursday.President KCCI said the implementation of these laws would help control and prevent thalassemia and streamline healthcare in the province.He appreciated the move of adding a column about thalassemia test in the marriage certificates whose filling would be obligatory after promulgation of thalassemia ordinance.On the occasion of Thalassemia International Day, President KCCI Muhammad Haroon Agar, accompanied by Senior Vice President Shamim Firpo, Vice President Nasir Mehmood also visited Afzaal Memorial Thalassemia Foundation.They underlined the need for creating awareness regarding thalassemia and said that its precautionary measures were need of the time.He stressed on educating youth about health matters, hygiene and preventions. ...
ISLAMABAD: Pakistan's investment policy is to actively seek foreign investment by offering a broad array of incentives to attract new capital inflows.This was stated by Maqbool H. H. Rahimtoola, Minister for Commerce, who is leading the Pakistan delegation at the Annual Investment Meeting (AIM) in Dubai, a press release received here Wednesday said.The Minister pointed out that investment policy of Pakistan is very liberal and opens new vistas to local as well as foreign investors ...
LAHORE: Strong fiscal policies backed by long-term stability, sizeable budget for energy projects, cut in spending, tax on agri incomes, rationalization of taxes and decrease in duties on imported raw materials and increase in tax revenues are prerequisite for sustainable economic growth of the country. This was the upshot of the speeches delivered at a pre-budget seminar jointly organized by Lahore Chamber of Commerce and Industry and Association of Chartered Certified Accountants (ACCA) here at ...
ISLAMABAD: The Asian Development Bank (ADB) and the Government of Pakistan Tuesday signed an agreement to invest US$ 73 million in rehabilitating Pakpattan Canal and Suleimanki Barrage in Pakistan's Punjab province. "The rehabilitation of Pakpattan and its linked cannels, and installation of new gates at Suleimanki barrage will reduce water losses and will improve water delivery systems benefitting about 2.6 million people in four farming districts," said Werner Liepach, ADB's Country Director for Pakistan. "The ...
HYDERABAD: The Consul General Republic of Korea Chan Hee Lee has said that Pakistan is a developing country and Korea desired to further strengthen the economic relations with Pakistan.Addressing the members of Hyderabad Chamber of Commerce and Industry (HCCI) here at the Chamber's Secretariat, he said that Korean trade quantum is above US dollars one trillion and having close relationship with Pakistan, Korea wanted to make maximum investment in the country as it is carrying ...
ISLAMABAD: Pakistan has imported around US $ 4.377 billion mobile phone handsets and other telecom apparatus during last five years with telecom imports of US $ 1.331 billion only in 2007-08, the most promising year for the sector.Pakistan Telecommunication Authority (PTA) in its year 2012 report has revealed that the country imported mobile phone handsets with battery of US $ Dollar 1.428 billion and other telecom apparatus worth US Dollar 2.949 billion.It said during 2012, ...
BEIJING: Chinese corporates and SOEs (State Own Enterprises) are looking at prospects of making investment in infrastructure projects in Pakistan."We have signed a pact with the China International Capital Corporation (CICC) under which different areas of economy have been identified for investments as well as taking part in privatization and acquition of various public and private sectors entities" said Nasir Ali Shah Bukhari, Chairman KASB here in an interview with APP on Monday.Under the pact, ...
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