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Editor n Cheif : Syed Asif Salahuddin
Editor: Tariq Sumair
 
Today's INP Latest English Business  News
 
ICST warns that hike in price of local gas to hit masses, business community
  ISLAMABAD, Feb 19 (INP) Islamabad Chamber of Small Traders on Sunday lauded the decision of the government to hasten work TAPI gas pipeline project to import natural gas from Turkmenistan. Natural gas has emerged as the most import fuel and Pakistan’s future is also linked to the gas therefore the decision to expedite TAPI project is laudable, said Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt. full story
 
UBG lauds Economic initiatives of Govt; Asks Businessman to pay taxes properly to ensure rapid nation building
  ISLAMABAD, Feb 19 (INP) The United Business Group (UBG) of FPCCI on Sunday lauded the moves of the business friendly government which has infused confidence in the business community through various positive initiatives. The package for exporters worth Rs180 billion and other moves will result in revenue shortfall to the tune of billions which should be bridged by paying taxes honestly, said UBG Zonal Chairman Naseem-ur-Rehman. full story
 
Indonesian CG & SBI chief stress strengthening trade ties
  KARACHI, Feb 16 (INP): Consul General (CG) of Indonesia in Karachi, Dempo Awang Yuddie called on Chairperson Sindh Board of Investment (SBI) Ms. Naheed Memon at her office here on Thursday.full story
 
PSX starts Monday on positive note, gains 0.65pc by mid-day
  KARACHI, Feb 13 (INP) The Pakistan Stock Exchange has started the week on a positive note, with the benchmark KSE-100 index gaining 326.78 points, or 0.65 per cent, by the halfway mark of the trading session to reach 50,251.86 points on Monday.full story
 
PBIF demands National transport policy; Inefficient transport system eating up 4pc of GDP
  ISLAMABAD, Feb 13 (INP) President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain on Monday said inefficient transport system continue to inflict loss of 4 to 6 percent to the GDP. Improving transport infrastructure can help boost GDP by 4 to 6 percent which will improve economy therefore government should immediately frame and announce national transport policy, he said. full story
 
KC-EU lauds European Union for linking human rights in trade talk with India
  BRUSSELS, Feb 12 (INP) Kashmir Council Europe (KC-EU)’s Chairman Mr Ali Raza Syed has lauded European Union (EU)’s stance for linking the upcoming Union free trade dialogue with human rights’ situation in India. full story
 
UBG demands clearance of pending refund claims; package for revival of suck units
  KARACHI, Feb 12 (INP) The United Business Group (UBG) of FPCCI on Sunday lauded the decision of the Government to suspend audit of the taxpayers for thirty days terming it a good move of the business friendly administration.full story
 
New US priorities can hit Pak export sector : UBG
  ISLAMABAD, Feb 9 (INP) The United Business Group (UBG) of FPCCI on Thursday said inclination of US policymakers towards protectionism can hit the export sector of Pakistan which is already facing problems. Nfull story
 
UBG demands inclusion of agricultural projects in CPEC
  ISLAMABAD, Feb 5 (INP) The United Business Group (UBG) of FPCCI on Sunday asked the government to pay attention to the agricultural development and include agricultural projects in the China-Pakistan Economic Corridor (CPEC).full story
 
UNIDO helps Pak industries prioritize renewable energy and energy efficiency interventions
  ISLAMABAD, Jan 31 (INP) Within the framework of the UNIDO/GEF project entitled "Sustainable Energy Initiative for Industries", UNIDO presented priority renewable energy and energy efficiency interventions for 5 priority industries sectors in Pakistan. full story
 
Shares in Asia Mixed on Uncertainty Over US Immigration Flap
  TOKYO, Jan 30 (INP) Most financial markets were closed in Asia on Monday for lunar new year holidays, but shares fell in Japan and Australia on uncertainty over the potential impact of President Donald Trump's travel ban on seven Muslim-majority countries and other immigration actions. full story
 
PEW demands steps to reduce food wastage worth billions
  ISLAMABAD, Jan 29 (INP) The Pakistan Economy Watch (PEW) on Sunday demanded steps to reduce wastage of food as tens of millions of people including children and mothers continue to face food security issues in Pakistan. Proper storage and food waste management system in the country can help increase income of farmers and feed the starving people, it said. full story
 
American Embassy Leads Trade Mission to Georgia to Promote Innovation in Agriculture
  ISLAMABAD, Jan 28 (INP) 2017 – U.S. Embassy Economic Counselor Joel Robert Garverick will lead a delegation of senior Pakistani government officials, businessmen, farmers and agriculture experts to Atlanta, Georgia, January 28 – February 4, to promote U.S.-Pakistan bilateral commercial ties and increase trade and investment in agriculture.full story
 
ABAD announces international expo in Islamabad commencing from March 24
  ISLAMABAD, Jan 22 (INP): The Association of Builders & Developers of Pakistan (ABAD) announces country largest real estate and construction expo 2017 on March 24-26, 2017. A large number of national and international industry leaders from real estate and construction sector will exhibit their products and services in the exhibition to be held at Pak-China Friendship Center Islamabad.full story
 
ICST expresses concern over fall in leather exports
  ISLAMABAD, Jan 9n (INP) Islamabad Chamber of Small Traders(ICST) on Monday expressed concern over falling production and dwindling exports of the leather sector and called for steps to revive it. Once vibrant leather sector is sailing in troubled waters and its exports for the year 2015.16 fell by 12.35 percent on the back of rising cost of production despite GSP status, it said. full story
 
Primitive methods keeping agriculture sector backward; Agriculture no longer largest sector of the economy: PBIF
  ISLAMABAD, Jan 9 (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 agricultural sector is considered backbone of the economy but it is not getting due attention since long. Inputs are being increased to boost production which is increasing cost of doing business while neglect continue to reduce share of agriculture in the GDP, he said. full story
 
PSX continues record-breaking run, crosses 49,300 points
  KARACHI, Jan 9 (INP) Continuing its record-breaking bull-run, Pakistan Stock Exchange (PSX) has extended its last week’s gains on Monday as it has rallied by 354 points in morning session to arrive at a new high of 49,393 points. full story
 
PIAF criticizes FBR for arms twisting of business community
  LAHORE, Jan 7 9INP) Pakistan Industrial and Traders Associations Front (PIAF) Chairman Irfan Iqbal Sheikh has criticized the Federal Board of Revenue (FBR) for issuing undue notices to business community, creating unrest among them. full story
 
ICCI asks Govt to reduce taxes on real estate sector
  Islamabad, Jan 7 (INP) Real estate sector was playing crucial role in the economic development of the country and creating jobs, but imposition of heavy taxes has hampered its growth and government should reduce tax rates on this important sector of the economy to facilitate its better growth, observed Khalid Iqbal Malik, President, Islamabad Chamber of Commerce and Industry while addressing at Islamabad Real Estate Association (IREA). He visited IREA along with a delegation to congratulate Rana Arshad, newly elected President of the Association. ICCI Vice President Tahir Ayub, Khalid Javed, Khalid Chaudhry, Ch. Irfan, Saif ur Rehman, Nisar Miraz, Ms. Nasira Ali, M. Ashfaq Chatha, Naeem Siddiqui and others were also present at the occasion. full story
 
FPCCI to organize Canada-Pakistan Trade Expo in Toronto
  KARACHI, Jan 05 (INP): The 4th Canada-Pakistan Trade Expo 2017 at Toronto will be organized in July, 2017 by FPCCI disclosed by the newly elected President FPCCI Zubair F Tufail, hoping this expo shall help in exports to capture unconventional North American market. full story
 
 
 
 
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