Pakistan expects $500m FDI: Changed world scenario
ISLAMABAD, Feb 11: The government is expecting to have roughly $500 million foreign investment in Pakistan during the current financial year due to what is being termed changed favourable international environment....
Hotel business returning to normalcy: Local, global events
KARACHI, Feb 11: Big hotels are reporting a pick up in their business, both in terms of room occupancy mainly because of improvement in arrival of foreigners, both businessmen and tourists,...
GDP growth forecast by ABN-Amro improves
KARACHI, Feb 11: The second quarter (Oct-Dec 2001) report released by the ABN-AMRO Bank N.V (Pakistan) last week, ‘fine-tunes’ its earlier forecast of Pakistan’s expected GDP growth in financial year 2002,...
Index loses 9.62 points
KARACHI, Feb 11: Stocks on Monday ran into profit-selling as investors took profits at the inflated levels but the selling was well-absorbed at the dips on the blue chip counters....
Govt asks TCP to begin lint buying
KARACHI, Feb 11: The government has asked the Trading Corporation of Pakistan (TCP) to immediately start procurement of one million bales of cotton to stabilize prices....
Spinners make extensive buying
KARACHI, Feb 11: Physical activity on the cotton market on Monday gained momentum as spinners made an extensive buying followed by reports that the government has asked the Trading Corporation of...
Meetings with Turkish businessmen on Saturday
LAHORE, Feb 11: The Pakistani businessmen will hold sectoral meetings with their Turkish counterparts on the margins of the Pakistan-Turkey Business Forum meeting scheduled for Saturday at Karachi....
Karachi Port operations
KARACHI, Feb 11: Five ships carrying general cargo and containers are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
Asian stock markets higher
HONG KONG, Feb 11: Most of the Asian stock markets that were open for trade on Monday made modest gains in quiet trading ahead of the Chinese New Year....
BD seeks duty waiver
ISLAMABAD, Feb 11: Bangladesh has unilaterally sought zero rate of duty on its export of around 21 categories of items to Pakistan....
Customs website
KARACHI, Feb 11: The Collectorate of Customs (Exports) has taken one more step towards automation and has launched its website on Saturday. It contains up-to-date information about export policy/procedures and notifications...
US trade team due on 16th
LAHORE, Feb 11: An eight-member US delegation comprising senior officials from Export-Import Bank of the United States (Exim Bank), Overseas Private Investment Corporation (OPIC) and US Trade and Development Agency (TDA)...