ISLAMABAD - Adviser to Prime Minister on Commerce, Textile, Industries, Production and Investment Abdul Razak Dawood Friday said Li & Fung, a Chinese company, has expressed its intention to enhance purchasing from Pakistan up to 1 billion dollar, which would further help promoting the industrial productivity.
Pakistan's global ranking in Ease of Doing Business (EoDB) improved to a position of 136 out of 190 countries in 2018 as against 147 out of 190 countries in 2017. But it is still far behind its peers in the region and far from being considered as a destination favourable for investment.
PESHAWAR - Ambassador of Tajikistan in Pakistan, Nasredin Ismatullo has called for removal of impediments in the way to further cement bilateral trade and economic ties between Pakistan and Tajikistan. While addressing a meeting at Sarhad Chamber of Commerce and Industry (SCCI) on Thursday, Nasredin said that Pakistan and Tajikistan should enhance mutual economic relations by exchanging business delegations and establishing links among them.
Chinese Ambassador to Pakistan Yao Jing on Wednesday said that his country is only charging 2-2.5 percent on government-to-government loans with a repayment term that goes into a long tenor. Talking to Sherry Rehman, PPP''s parliamentary leader, at her chamber in about Rehman''s concerns on Pakistan''s indebtedness to China, he said that sovereign guarantees are only required on government projects and currently there are 21 ongoing projects worth $19 billion.
ISLAMABAD: The government has allocated Rs 100 million in Public Sector Development Programme (PSDP) 2019-20 for one on- going scheme of the Board of Investment (BOI) for the industrial promotion and Investment in the country.
LONDON: The Pakistan Tehreek-e-Insaf (PTI) government was committed to fully protecting and facilitating the overseas Pakistanis and other foreign investors in order to attract huge investment for the prosperity of the country, said Special Assistant to Prime Minister on Overseas Pakistanis Zulfi Bukhari.
LAHORE - OPPO has unveiled its new brand identity by announcing the launch of its power packed Reno series in Pakistan. Here is the interview of Ali Kakvi, Marketing Director, Oppo Pakistan.
The Presidents and representatives of Lahore, Faisalabad, Sialkot, Karachi and Federation of Chambers of Commerce and Industry held a meeting with Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Abdul Hafeez Shaikh on Thursday. The representatives of various Chambers briefed the Adviser about various problems and challenges being confronted by the economy of the country, says a press release issued here.
Rawalpindi - Pakistan offers great opportunities for joint ventures in different sectors like ‘halal’ foods, information technology, poultry, pharmaceutical and gems and jewellery. We have mega projects like CPEC that offer great regional connectivity and integration from South Asia, Central Asian countries and beyond, said Rawalpindi Chamber of Commerce and Industry President Malik Shahid Saleem at an ‘iftar’ dinner hosted by Rawalpindi Chamber of Commerce and Industry in honour of the ambassadors, high commissioners and commercial counsellors here at a local hotel, the Rawalpindi Chamber of Commerce and Industry spokesman said on Thursday.
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Thursday approved the proposal of Finance Division, authorizing the government to issue sovereign guarantee amounting to Rs20 billion for investment in National Investment Trust (NIT)-State Enterprise Fund.