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Editor n Cheif : Syed Asif Salahuddin
Editor: Tariq Sumair
 
Today's INP Latest English Business  News
 
New ADB Pakistan Country Director Assumes Office
  ISLAMABAD, Apr 24 (INP) The Asian Development Bank (ADB) has appointed Xiaohong Yang as new Country Director for Pakistan. Ms. Yang, who assumed office on April 24, 2017, is the first woman to head ADB’s resident mission to the country. full story
 
Gas supply to CNG outlets will be improved, price reduced; MD SNGPL
  LAHORE, Apr 17 9INP) Managing Director of the Sui Northern Gas Pipelines Limited (SNGPL) has said that supply of gas to the CNG outlets will be improved in Punjab while price of the fuel will be reduced. full story
 
Flimsy oil storage capacity poses national security threat: Business leader
  ISLAMABAD, Apr 13 (INP) Thin oil storage capacity in the country is a national security threat therefore Government should take immediate steps to ensure proper strategic reserves of oil in Pakistan, a business leader said Thursday.full story
 
PBIF says increasing imports, falling exports push country at brink of economic collapse
  ISLAMABAD, Apr 12 (INP) President Pakistan Businessmen and Intellectuals Forum (PBIF), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Wednesday said imports and trade deficit has crossed all the limits pushing country at the brink of economic collapse. Government should take steps to control imports and boost exports otherwise country will face very serious repercussions, he said. full story
 
CPEC, IMF programme completion strengthen Pak economy: Moody’s
  SINGAPORE, Apr 12 (INP) Moody’s, a globally recognised credit rating agency has said that the Pakistani economy has strengthened following the completion of a three-year programme under International Monetary Fund (IMF), in comments issued recently. full story
 
SECP facilitating regulated microfinance to enhance financial inclusion
  ISLAMABAD, April 07 (INP): The Securities and Exchange Commission of Pakistan (SECP) in order to increase financial inclusion in Pakistan, is providing enabling regulations for the non-banking microfinance institution segment. full story
 
Delay in payment of refund claims frustrating exporters: Atif Ikram Sheikh
  ISLAMABAD, April 07 (INP): Business leader and former President of Islamabad Chambers of Commerce and Industry (ICCI), Atif Ikram Sheikh has said that continued delay in payment of refund claims is hurting economy and the export sector while the business community is getting loans from banks to keep their units running.full story
 
Businessman demands more attention to agriculture sector in the coming budget
  ISLAMABAD, April 02 (INP): Federal and provincial governments should not ignore agricultural sector in the upcoming budget by allocating proper resources for its development, a business leader said Sunday. full story
 
American Entrepreneur Shares Advice with Pakistani Audiences over doing business
  ISLAMABAD, April 1 (INP): The U.S. Embassy launched its 2017 Entrepreneurship Speaker Series this week with the visit of American entrepreneur Rhett Power, who delivered a series of presentations in Islamabad, Karachi, and Lahore on the theme of “Do’s and Don’ts of Starting a Business.” full story
 
PBIF asks Govt to support pharma sector to attract investment, boost exports
  ISLAMABAD, Mar 29 (INP) President Pakistan Businessmen and Intellectuals Forum (PBIF), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Wednesday said support of the government can boost local pharmaceutical sector to boost exports and attract foreign investment.full story
 
ICCI asks Govt to settle circular debt immediately; Disruption in import of oil, LNG to damage economy
  ISLAMABAD, Mar 26 (INP) Government should immediately settle issue of circular debt otherwise it will leave PSO bankrupt disrupting import of oil and gas which will damage economy and reverse all the economic gains, a business leader said Sunday. full story
 
Great scope for growth of investments for Singapore companies in Pakistan.: High Commissioner
  SINGAPORE, Mar 24 (INP) “The economy of Pakistan has been growing steadily during the last several years. There is great scope for growth of investments for Singapore companies in Pakistan.” said Nasrullah Khan, Pakistan’s High Commissioner to Singapore, in an interview to the Strait Times.full story
 
PBIF demands steps to check increasing inflation hitting poor hard
  ISLAMABAD, Mar 24 (INP) President Pakistan Businessmen and Intellectuals Forum (PBIF), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain the prices of necessitates are skyrocketing which has made life of poor miserable.full story
 
Punjab PDWP approves two schemes worth Rs 6182.85 million
  LAHORE, Mar 24 (INP) The Punjab Provincial Development Working Party approved two development schemes of Energy & Literacy Sectors with an estimated cost of Rs. 6182.855 million. full story
 
PBIF asks Insurance companies to be ready to brace CPEC challenges; Micro-insurance sector needs urgent attention
  ISLAMABAD, Mar 20 (INP) President Pakistan Businessmen and Intellectuals Forum (PBIF), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain has said that insurance sector is set to grow as economy is picking up. Insurance companies should prepare to handle the opportunities and challenges arising out of game-changing project of China-Pakistan Economic Corridor (CPEC), he said. full story
 
Increased confidence resulting in enhanced bank loans: Business leader
  ISLAMABAD, Mar 18 (INP) Business community is getting more and more loans from the banks which reflects their increased confidence that also indicates economic development, a business leader said Saturday. The ratio of defaults has come down which has encouraged banks to lend more which is good omen for the economy, said Atif Ikram Sheikh, former president ICCI. full story
 
29-member Chinese delegation visits ICCI to explore JVs in Pakistan
  ISLAMABAD, March 17 (INP): A 29 member delegation of Chinese companies representing various provinces of China visited Islamabad Chamber of Commerce and Industry led by Mr. Yin Lin Bing, Secretary General, Worldwide Business Culture Exchange Centre. Mr. Wang Zihai, President, Pak-China Joint Chamber of Commerce and Industry also accompanied the delegation. full story
 
PBIF predicts Economic corridor to increase GDP three fold
  ISLAMABAD, Mar 17 (INP) President Pakistan Businessmen and Intellectuals Forum (PBIF), Senior Vice Chairman of the Businessmen Panel of FPCCI and former Provincial Minister Mian Zahid Hussain on Friday said national GDP will jump to fifteen percent after completion of economic corridor. full story
 
SECP accelerates action against defaulting brokers
  ISLAMABAD March 16 (INP): The Securities and Exchange Commission of Pakistan (SECP) has accelerated its efforts to curb the misconduct, market abuse and financial crimes of defaulting brokers of Pakistan Stock Exchange. full story
 
Gas companies plundering poor to benefit rich: PEW
  ISLAMABAD, Mar 15 (INP): The Pakistan Economy Watch (PEW) on Wednesday said gas companies are punishing masses with the help of Ogra by charging masses for the losses during gas distribution and theft. full story
 
 
 
 
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