ISLAMABAD (APP) – Secretary Commerce Sardar Ahmed Nawaz Sukhera said the government was fully committed to catalyzing private sector to contribute towards strengthening the national economy and boosting the country’s exports.
Pakistan Railways (PR) has resumed container train service from Karachi to Lahore bringing an end to the 22-year suspension on Monday. With 70 containers, the train left Pakistan International Container Terminal (PICT), Karachi Port Trust (KPT). Federal Minister for Railways Shaikh Rasheed Ahmad inaugurated the ceremony. Divisional Superintendent (DS) Syed Mazhar Ali Shah, chairman Karachi Port Trust (KPT), Divisional Commercial Officer (DCO) Ishaq Baloch and other officials of KPT and PICT were also present.
Federal government has released 578.8 billion rupees under its Public Sector Development Programme (PSDP), so far for various ongoing and new social sector uplift projects.
BEIJING: Pakistan has emerged as a leading partner of the Belt and Road Initiative (BRI), introduced by President Xi Jinping six years back, according to a survey released at a media and think tank exchange event held in Nanjing, Jiangsu province.
ISLAMABAD (APP) – Chairman Board of Investment (BoI) Haroon Sharif Sunday said that Rashakai, Special Economic Zones (SEZs) had a strategic significance as it was closer to Afghanistan and resources rich Central Asian Republics (CARs).
ISLAMABAD: The World Bank has released ‘Governance Notes on Pakistan Customs (PC)’ on Monday highlighting three key reforms including enhancement of risk management system (RMS), improving pre- and post-clearance facilities and broadening tax base to enable PC build on its relatively strong base of goods and revenue control capabilities.
With the promise of international opportunities and unlimited resources, Pakistan has embarked on a journey of economic growth. Being the 23rd largest economy in the world by Purchasing Power Parity, Pakistan has now picked up the pace in collaboration with the economic partners from around the world. The state now possesses the strength to boost its semi-industrialized economy and gain acknowledgement over its manufacturing, agriculture, and trade capabilities.
Computer services exports advance from $460.5 million to $514.5 million
ISLAMABAD - Pakistan’s exports of telecommunication, computer and information services have increased to US $ 708.920 million, registering 2.15 per cent growth in first eight months of current fiscal year. The earning made through these exports during the corresponding period of fiscal year 2017-18 was US $ 520.043 million, Pakistan Bureau of Statistics (PBS) reported.
LAHORE: All Chinese industrial units established in Pakistan will be given the status enjoyed by factories set up in the Special Economic Zones (SEZ) regardless of the part of the country where such units are set up, announced Adviser to Prime Minister on Commerce, Textile, Industries, Production and Investment Abdul Razak Dawood.
LAHORE: Prime Minister Imran Khan Saturday said that only the foreign investment could steer the country out of prevailing economic crisis and the government was trying its utmost to bring ease of doing business to facilitate the investors.