Joint study group with Japan proposed: Promotion of trade
ISLAMABAD, Jan 8: Japanese minister for economics, trade and industries, Shoichi Nakagawa met Prime Minister Shaukat Aziz on Saturday and discussed measures to enhance bilateral trade and promote economic and bilateral ties between the two countries.
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Anti-counterfeit forum launched: IPR violations
KARACHI, Jan 8: As many as 13 national and multinational companies have formed an alliance - Anti-Counterfeit and Infringement Forum (ACIF) - to counter the growing violations of Intellectual Property Rights (IPRs) in Pakistan
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Exporters demand probe into quota mismanagement
KARACHI, Jan 8: Textile exporters have asked the ministry of commerce to initiate inquiry into quota mismanagement by Export Promotion Bureau officials which is going to close down 50 per cent value-added textile industry.
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Govt-rice exporters meeting
ISLAMABAD, Jan 8: The ministry of commerce will convene a meeting of the rice exporters next week to determine measures for taking up the issue of 100 per cent increase in the import duty on rice in the East African Community (EAC).
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233 new firms registered in Dec 2004
ISLAMABAD, Jan 8: The Securities and Exchange Commission of Pakistan (SECP) has registered 233 companies during December 2004, showing an increase of 41 per cent as compared to the corresponding month of 2003.
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Revision of SME laws suggested
KARACHI, Jan 8: All the four working committees of the Task Force for SME Development Policy while submitting their reports have given wide range of suggestions, including setting up of SME Ombudsman office
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Energy stocks give 27pc return
KARACHI, Jan 8: Energy sector stocks listed on the KSE produced a decent return of 27 per cent during the calendar year 2004. The sector broadly includes all listed oil and gas marketing companies, refinery, Exploration and production (E&P) and power generating companies.
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Ishrat played vital role in capital market boost
KARACHI, Jan 8: Moin M. Fudda, Managing Director of the Karachi Stock Exchange, said on Saturday that in 2002 when the Pakistan's stock exchanges were extremely starved of new listings
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Restoration of gas supply ordered
KARACHI, Jan 8: Minister for Petroleum and Natural Resources Amanullah Khan Jadoon has issued orders for immediate restoration of gas supply to textile units in the Gadoon Industrial Estate, NWFP.
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Pakistani Britons to start cargo service
ISLAMABAD, Jan 8: The government has allowed a UK-based Pakistani business group to start first-ever international cargo service between Islamabad and Manchester to export perishable fruits and vegetables from Pakistan.
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Powers of sales tax collectors
ISLAMABAD, Jan 8: The Central Board of Revenue (CBR) has enhanced the power of collectors of sales tax for determining the quantitative entitlement of imported inputs.
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Clearance time reduced to 10 minutes
ISLAMABAD, Jan 8: The Central Board of Revenue (CBR) has installed machines at Karachi customs house, which will reduce the maximum time from three hours to 10 minutes for clearance of documents.
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D-8 may finalize draft PTA in next round
ISLAMABAD, Jan 8: The D-8 countries are likely to conclude negotiations on the draft framework preferential trade agreement (PTA) in the next round.
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Returns filing up by 24.7pc
ISLAMABAD, Jan 8: The tax authorities have received around 12,807 companies returns/statement for the tax year 2004 as against 10,270 corporate returns filed during the last year, showing an increase of 24.7 per cent.
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