Pakistan News

    Cost Of Doing Business In Pakistan

  • ‘Govt to reduce cost of doing business’

    LAHORE: The government is making efforts to reduce the cost of doing business for the poultry sector as well as removing hurdles, Federal Minister for Commerce Mohammad Pervaiz Malik said on Saturday...

    The event was organised by the Pakistan Poultry Association (PPA) in cooperation with 16 public sector universities including University of Veterinary and Animal Sciences (UVAS)...

  • Energy crisis, high cost of doing business irk textile sector

    KARACHI: All-Pakistan Textile Mills Association chairman Tariq Saud said on Tuesday that six major sub-sectors of textile industry have closed down owing to energy crisis, high cost of doing business and inconsistency in government policies...

    Due to underperformance of the textile industry, he said, Pakistan’s share in the global market also decreased from 2...

  • Govt urged to cut cost of doing business

    KARACHI: The value-added textile sector is cynical about the prospects of any increase in exports unless the cost of doing business is brought at par with other countries in the region and the billions of rupees stuck up against refunds are not paid at the earliest...

    Pakistan Readymade Garments Manufacturers and Exporters Association central chairman Shaikh Mohammad Shafiq said that the government has set an export target of $35...

  • Aptma wants cut in cost of doing business

    LAHORE: All Pakistan Textile Mills Association (Aptma) has said that textile producers have started closing down their units or are operating just two shifts because they are unable to sell their products on the world markets due to higher cost of production...

    Tanveer called upon the government to cut the high cost of doing business that has led to shutdown of more than one-third of the installed capacity...

  • Govt asked to bring down cost of doing business

    All Pakistan Textile Mills Association (Aptma) Chairman pointed out that energy cost was affecting the growth of textile industry because it has failed to expand in the world market where chea­per textile goods of regional countries are easily available...

    ”Pakistan Textile Exporters Association central office-bearers Ajmal Farooq and Muhammad Naeem, in a statement, have termed severe liquidity crunch and high energy prices as major...

  • FATF grey-listing to raise cost of doing business

    KARACHI: Pakistan’s enlistment in the grey list of watchdogs did not show its impact immediately but bankers said the cost of doing business would get higher and the situation for banks would become more difficult than it was during 2012-15...

    Pakistan was placed on the Financial Action Task Force (FATF) ‘grey list’ on June 27, indicating that the country failed to put in place measures to prevent money laundering and other illegal...

  • PM vows to bring down cost of doing business

    ISLAMABAD: Prime Minister Imran Khan said government is firmly committed to reducing the cost of doing business and improve country’s ranking in the ease of doing business index...

    Khan was chairing the first meeting of the newly constituted Council of Business Leaders...

  • Pakistan ranked 147th in Doing Business report

    ISLAMABAD: The World Bank on Tuesday ranked Pakistan at 147th out of 190 countries in its ‘Doing Business 2018’ report...

    The report noted that Pakistan implemented four business reforms in 2017 — making it easier to register a new business, transfer commercial property and facilitate cross border trade...

  • Pakistan ranks 138 out of 189 on ease of doing business

    Pakistan has dropped on the World Bank's Doing Business 2016 ranking, placing at 138 out of 189 countries, with a Distance to Frontier (DTF) score of 51...

    The five countries it is easiest to do business in, and their DTF scores:The report says estimated losses in Pakistan due to power outages cost up to 34 per cent of the annual revenue...

  • Pakistan moves up in ease of doing business rankings

    ISLAMABAD: Pakistan has made some important progress towards the ease of doing business for small and medium-sized enterprises, finds the latest edition of the World Bank Group’s Doing Business report...

    As a result, the country has emerged as one of the global top 10 improvers this year, says the report titled ‘Doing Business 2017: Equal Opportunity for All’...

  • Pakistan’s ‘Doing Business’ ranking up 11 notches

    ISLAMABAD: Pakistan has improved its ranking by 11 points, moving from 147th to 136th position in the ‘Doing Business Report: Training for Reform 2019’ published by the World Bank on Wednesday...

    In resolving insolvency, Pakistan made it easier by introducing the reorganisation procedure and improving continuation of the debtors business during insolvency proceedings...

  • Doing business in Pakistan

    PAKISTAN has struggled for long to attract higher volumes of foreign direct investment (FDI) to expand and modernise its rather stagnant economic base...

    Pakistan’s investment level is almost half the volume of investment attracted by growing economies like Vietnam, India, Bangladesh and Sri-Lanka...

  • Pakistan jumps 28 spots on World Bank's ease of doing business ranking

    Pakistan landed among the world's top 10 business climate improvers for its ratification of six regulatory reforms pertaining to business regulation, the Doing Business 2020 study by the World Bank said...

    A statement issued on Thursday highlighted Pakistan's efforts in bringing improvements to the business climate in the country, which earned it a jump by 28 places to a global ranking of 108...

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