FPCCI expresses concern over decline in foreign investments

'Foreign investors are reluctant to invest in Pakistan due to economic uncertainty, infrastructural backwardness and other bureaucratic hurdles' Federation of Pakistan Chambers...

Hafeez Shaikh vows investor facilitation in upcoming budget

ISLAMABAD: Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh said on Thursday the proposals of all business...

Fraud probe targets top Porsche bosses: report

FRANKFURT: Three top executives at Volkswagen subsidiary Porsche including chief Oliver Blume are under investigation over alleged excessive payments to a former works...

Abraaj founder released from custody after $19 million bail payment

Arif Naqvi will have to surrender his Pakistani passport, wear an electronic tag and remain under 24-hour curfew LONDON: Arif Naqvi, the Pakistani...

Sri Lanka enters port deal with Japan, India

A deep-sea container terminal will be developed next to the $500-million Chinese-run container jetty in Colombo harbour COLOMBO: Sri Lanka on Tuesday announced...

Uzbek companies urged to invest in CPEC economic zones

ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Monday underlined the need to establish transport and energy corridors, as they would...

Hafeez Shaikh urges US investors to explore Pakistani market

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh on Friday urged the United States (US) businessmen...

Special Economic Zones to get electricity, gas

The cost of providing these utilities to the economic zones would be met through the  Cost of the provision of utilities to SEZs will be met through Public Sector Development Programme (PSDP)

Turkish giant Arçelik eyes further expansion in Pakistan

The chief technology officer of Arçelik, the largest Turkish enterprise, visited Pakistan on an official visit from 14th to 16th of May,...

Senate body stresses uniform criteria for all provinces in FPCCI election

Committee terms one-year tenure of FPCCI president as insufficient, as ‘most of the time is spent in preparation for next election’ ISLAMABAD: The...

KSE 100 jumps 1,055.41pts, anticipates Pakistan’s greylist removal

The KSE 100 index has gained 1,055.41 points in the very first hour of the trading session here on Wednesday

Cabinet approves Rs100bn youth loan programme

Briefing the media about cabinet decisions here, Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said the cabinet held a thorough discussion on education policy and the new Rs100 billion youth loan programme.

Spanish investors invited to explore Pakistani market

ISLAMABAD: Commerce Secretary Sardar Ahmad Nawaz Sukhera on Tuesday invited the Spanish investors to visit Pakistan and hold business-to-business meetings with their Pakistani...

PM’s aide vows representation of business community in policymaking

ISLAMABAD: A delegation of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) called on Adviser to Prime Minister on Commerce Abdul...

Business community urged to make transactions in rupees

'People must refrain from propaganda and speculations and adopt legal way of currency transaction' ISLAMABAD: Federation of Pakistan Chamber of Commerce and Industry...