Ministry of Planning launches new initiative to improve productivity in mines
Cluster Development Based Mineral Transformation Plan, costing Rs62.21 million, has been launched under Vision-2025 and would increase value addition and create jobs in the mineral sector
Kenyan digital payment company planning to open operations in Pakistan
Till March this year, 10 percent of the transactions or $24 million being handled by BitPesa included countries in Asia
TAPI gas pipeline to fulfil international, local environmental laws
ISLAMABAD: Parliamentary Secretary for the Ministry of Climate Change Romina Khurshid Alam said the government is making efforts to ensure that the...
Digital Pakistan policy set to be submitted for go-ahead
Ms Anusha Rehman said growth rate of exports has jumped to 125% over the last five years, adding that the IT industry is not only growing in terms of the number of companies and revenue but also in exports and workforce on a yearly basis
Draft ferry policy to be submitted for approval in next cabinet meeting
As per this draft policy, no duty and taxes would be applicable on ferry services and on the procurement of a ship for introducing the service in Pakistan
FCCI planning visit to GB for exploring investment opportunities
FAISALABAD: The business community from Faisalabad is contemplating to take a delegation to Gilgit-Baltistan for exploring investment opportunities after the end of...
Industries to bear ten-hour power outages in Ramzan
Former APTMA chairman Ijaz Gohar said exports could nosedive by $500 million a month if the 10-hour power outages schedule got enforced
Pakistan’s external debt shoots up, touches record high of $91.8 billion
IMF’s first post-programme monitoring report reveals the country’s gross external debt in terms of exports in 2013 was 193.2 percent, which is expected to touch 316 percent by June this year
WTO dispute settlement body rules in favour of Pakistan in chemical export case
The World Trade Organization (WTO) had decided in Pakistan’s favour in July last year and held measures adopted by the European Commission on the export of PET (Polyethylene Terephthalate a chemical used in the making of mineral water bottles) against WTO law and rules
MoC urged to consult relevant stakeholders before negotiating FTAs
ISLAMABAD: Members of Senate Standing Committee on Commerce Wednesday showed their concerns that the Ministry of Commerce has not consulted relevant stakeholders before negotiating...
Trade dispute organisation at MoC lacks legal cover to move against delinquent firms
In the absence of a dispute resolution mechanism, number of trade disputes crosses 500
Audit team unlikely to submit report on tobacco MNCs before PAC on 23 May
ISLAMABAD: The Auditor General of Pakistan (AGP) is not likely to conclude the special audit of international tobacco companies operating in the...
Country needs 8pc growth to create required jobs for growing population
Pakistan’s population currently has a huge youth bulge. Almost two-thirds of the population is under the age of 16, a large proportion of which will be entering the job market in the near future.
Pakistan’s resilience to climate change is limited: Moody’s
Rising temperatures and erratic rainfall can affect productivity in agriculture and increase the vulnerability of energy production, as 33% of Pakistan’s energy supply are hydropower-driven
NLC to operate Dhabeji-Thatta special economic zone
The MoU was signed by SBI Chairperson Ms Naheed Memon and NLC Director General Major General Mushtaq Ahmed Faisal on Tuesday