Recent data from the Pakistan Bureau of Statistics (PBS) shows a trend that may well be the forerunner of a reversal in Pakistan’s export fortunes...
Added megawatts of electricity to run the newly imported textile machinery is the herald of future export proceeds, according to Stefano Pontecorvo, Italy’s ambassador to Pakistan...
RAWALPINDI: The government of China and its people have always expressed their love for Pakistan and its people and Chinese businesses prefer to invest in Pakistan to boost bilateral trade, said Chinese Ambassador Sun Weidong at the inauguration of an event in connection with ‘China Week’ on Wednesday...
The envoy was accompanied by Chairman of the Parliamentary Committee on China Pakistan Economic Corridor (CPEC) Senator Mushahid...
The United States (US) remained the top export destination of Pakistani products during the fiscal year 2015 (FY2015) while China was the top import destination from where goods were traded into the country...
93 billion were exported during the year, according to a Pakistan Business Council (PBC) report...
“Businesses will be busy working out how they are going to adapt and succeed after the referendum result,” said Simon Walker, IoD director general...
ISTANBUL: The lifting of sanctions against Iran may be a mixed blessing for Turkey, opening up access to a fast-growing, lucrative market, but one that could someday rival Ankara as both an investment destination and exporter...
NATO-member Turkey remains the region’s economic powerhouse, with output of nearly $800 billion in 2014, well above Iran’s $425bn, and an advanced manufacturing industry that exports televisions, cars and washing...
MANSEHRA: A non-governmental organisation has given away a grant of Rs4 million to 80 poor families in Gari union council here to help them start small businesses to earn a respectable living...
“We have already given Rs10 million in the same union council and those who availed the grants have been running small businesses successfully, living a better life and educating their children,” he added...
Can the trajectory of the United States and Pakistan’s economic relationship be immune to renewed diplomatic bitterness?The government and leaders of the business community do not expect instant economic fallout owing to souring diplomatic relations...
But American companies in Pakistan differ...
Famed in Delhi’s Chandni Chowk market, Kanwarji Bhagirathmal is one of many small businesses in Delhi where sales have slowed...
The shock of major economic changes has caused panic and confusion, leaving some small businesses like Gupta’s with slower sales than in past years...
As couples coo over each other during China’s version of Valentine’s Day on Monday (today), several businesses will woo a single population that may be unlucky with love but has money to spend...
Businesses have something else for them...
Pakistani businesses find the Chinese too mechanical and rigid to deal with...
“The government of Pakistan will have to intervene to pave the way for a flow of local private capital and expertise in CPEC-related projects...
On top of that, China also agreed to pour in billions in Pakistan’s power infrastructure under the multibillion-dollar China Pakistan Economic Corridor (CPEC) initiative...
The Chinese firms working on power projects prefer to import equipment from China rather than source from Pakistan...
KARACHI: Rising political temperature and the worsening law and order situation in the city are deeply worrying to the businesses, and some of them are looking to the army to step forward and clear up the mess...
“It is very unfortunate that the uncertainty is haunting businesses at a time when they are looking with interest at opportunities in the wake of expected Chinese investment in the country,” said Iftikhar A...
But it wasn’t the end of the enterprise: With the help of a small government agency that advises businesses that have been caught in the cross-drafts of international trade, she was able to open a much smaller, high-tech facility in leased space down the road and start looking towards new markets...
Over 49pc of the tax revenue is collected by private businesses that provide cost-free services, much to the relief and satisfaction of the Federal Board of Revenue...
Businesses collect income tax as withholding agents and sales tax on commodities...
It sealed five houses on Monday where businesses were being run in violation of its bylaws that forbid ‘non-conforming use’ of residential buildings in the city...
“It meant high rent for the owner of the house and high-end clientele for the businesses...