Govt asked to resume drive for membership: Indian Ocean Rim Association
KARACHI, March 9: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the ministry of foreign affairs to take up Indian Ocean Rim Association for Regional Cooperation
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SSGC to set up LNG import project
KARACHI, March 9: Sui Southern Gas Company Limited (SSGC) has made public its plans to set up an integrated Liquefied Natural Gas (LNG) Import Project, which would be the first of its kind in the country.
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Business dialogue with Japan begins
ISLAMABAD, March 9: Pakistan and Japan will have to remove all roadblocks and impediments, which are hampering the existing relations particularly the smooth flow of trade between the two countries.
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President for increased trade with Japan
RAWALPINDI, March 9: President Pervez Musharraf on Wednesday underlined the need for enhancement of trade and economic cooperation between Pakistan and Japan.
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Industrialists asked to give undertaking: Plots not for resale
KARACHI, March 9: The chairman, Chief Minister's Investment Cell (CMIC), Dr G A Khan on Wednesday assured to make industrial plots available at fixed rates provided industrialists give undertaking that it would only be used for setting up of industries
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Businessmen against shifting of Expo Event
KARACHI, March 9: Businessmen and exporters have termed the government's plan of moving the annual Expo Event from Karachi on security concerns "as a conspiracy against the city and Sindh."
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Flour export to Afghanistan slows down
PESHAWAR, March 9: The introduction of regulatory duty on the export of flour to Afghanistan coupled with closure of some of the busiest trade routes because of heavy snow have slowed trade activities in Peshawar's flour markets
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World Bank to give $125m for tax reforms
ISLAMABAD, March 9: Pakistan on Wednesday signed an agreement on Tax Administration Reforms Project (TARP) with the World Bank to be completed possibly in a period of five years.
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Domestic ST collection declines
ISLAMABAD, March 9: The collection of domestic sales tax from 12 major commodities has registered an average 13 per cent decrease during the first half year of the current fiscal year over the same period of the last year.
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Trade, customs working group
KARACHI, March 9: The second ministerial conference organized by Asian Development Bank (ADB) on Trade and Transport in the Central and South Asia held in Manila, Philippines from March 3-4
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Cotton market stays weak
KARACHI, March 9: The cotton market on Wednesday stayed weak as official spot rates were further lowered in line with the inferior stuff from central Sindh ginneries.
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Stocks hit new record with 370 points gain
KARACHI, March 9: The KSE 100-share index on Wednesday maintained its winning streak and ended with a fresh sharp rise of 370 points aided by renewed massive buying in leading base shares, notably OGDCL, PTCL and PSO
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