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Pakistan setting up digital platform for traders

KARACHI: Pakistan has kick-started the process of establishing an integrated digital platform named the National Single Window (NSW) to facilitate traders in filing import and export documents at one place instead of 42 places and reduce the consignment clearance time at ports to hours from days at present. “The new …

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OPEC, Russia agree to slash oil output

VIENNA: Organization of the Petroleum Exporting Countries (OPEC) and its Russia-led allies agreed on Friday to slash oil production by more than market expectations despite pressure from US President Donald Trump to reduce the price of crude. The producer club will curb output by 0.8 million barrels per day from …

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Pakistan’s overseas assets at risk after court verdict

ISLAMABAD: Pakistan’s overseas assets are at risk of being taken over as a security to enforce the verdict of an international arbitration court in the Karkey rental power case, which may lead to serious financial complications for Pakistan sources pointed out that the International Centre for Settlement of Investment Disputes …

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Govt committed to facilitate investors in country: PM

ISLAMABAD: Prime Minister Imran Khan has said his government is committed to facilitate investors in taking advantage of the existing opportunities in the country by providing level playing field. He was talking to a delegation of Coca Cola from Turkey, which called on him in Islamabad on Tuesday. The Prime …

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High gas price hinders indusrital growth : LCCI

Lahore: Uneven prices of gas and its unavailability is forcing industrialists to import raw material for the industrial sector is causing huge challenges for the export-oriented industry therefore these issues must be resolved on priority. The LCCI Senior Vice President Khawaja Shahzad Nasir said that government had announced implementation of …

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Dawlance launches ONE TOUCH Dishwasher with Dirt & Load Sensors

Karachi: (PR) Dawlance is Pakistan’s market leader in home-appliances and a fully owned subsidiary of Arcelik – the largest Turkish enterprise, which is also the third-largest manufacturer in Europe. Being the most reliable brand, Dawlance has now unveiled its innovative ONE TOUCH Dishwashing machine in Pakistan, to create unmatched convenience …

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Businessman condemns cowardly attack on Chinese Consulate

ISLAMABAD: S M Munir Former President of FPCCI, chief petron UBG, Zubair Tufail, Former President FPCCI and Gulzar Firoz, Spokesman UBG has vehemently condemned the cowardly attempt of the terrorists’ attack on Chinese Consulate in Karachi today and termed it as a conspiracy against the exemplary and all times tested …

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Pakistan promising market for oil and gas sector

ISLAMABAD: Pakistan is a highly promising and rewarding market for oil and gas sector while investment in the energy sector of the resource-rich province of Baluchistan can reduce oil and gas import bill, revive industry and provide jobs, a business leader said Saturday. Gas reserves are rapidly depleting while load …

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ICCI for focusing on cities development to accelerate economic growth

Islamabad: The Prime Institute, an economic think tank, in collaboration with Islamabad Chamber of Commerce & Industry organized a multi-stakeholder consultative session at ICCI for preparing a draft Economic Vision State of Islamabad. Representatives of business community, multilaterals, academia, UN Habitat Pakistan and civil society attended the session. Addressing the …

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PM Imran Khan’s trips to Saudi Arabia, UAE, China and Malaysia strengthen mutual trade: PFC

LAHORE : Entire business community across the country termed Prime Minister Imran Khan’s four high level official foreign visits to Saudi Arabia, UAE, China and Malaysia good harbinger for the country as his counterparts not only gave positive gestures to help Pakistan out of economic crunch but also committed to …

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