Chief Editor: Ansar Mahmood Bhatti

Category Archives: Business

Govt slashes power tariff for five export industries

Govt slashes power tariff for five export industries

ISLAMABAD, (DNA) – The federal government has slashed power tariff for five zero-rated industries to provide incentive to the export sector.The government’s step to ensure supply of cheaper electricity will help the export industries to cut down the production cost.The Power Division of the Ministry of Energy has notified reduction in the power tariff by three rupees per kilowatt hour for five zero-rated industries.

Assets worth $1tr to shift from UK to EU due to Brexit

Assets worth $1tr to shift from UK to EU due to Brexit

LONDON, JAN 07 (DNA) – Assets worth nearly 800 billion pounds ($1 trillion) are being moved from Britain to new financial hubs in the European Union ahead of Brexit, consultancy EY said on Monday.Britain, which is due to leave the bloc in March, has yet to approve a deal to avoid an abrupt severing of ties with the EU.

Dollar dips to Rs139.10 in open market

Dollar dips to Rs139.10 in open market

KARACHI, JAN 07 (DNA) – Rupee in open market strengthened while at interbank it shed weight on first session of the new week because of higher demand from oil companies and some big importers.Dollar in the open market recorded a drop of 10 paisa to trade at Rs139.10 while at interbank it gained 7 paisa to touch Rs138.93.

Over 200 Pakistani firms to participate in German fair

Over 200 Pakistani firms to participate in German fair

KARACHI, (DNA) – The textile industry’s biggest exhibition, Heimtextil, is set to kick off in Frankfurt on January 8.About 222 Pakistani companies have headed to Germany to take advantage of the fair and win over European and other buyers.Exporters believe that the Heimtextil exhibition will play a crucial role in increasing Pakistan’s stagnant exports. Through this exhibition, traders can determine the trends followed by European buyers, get export orders on a large scale and attract old customers.

Kyrgyzstan important destination for businessmen: Faisal Niaz Tirmizi

Kyrgyzstan important destination for businessmen: Faisal Niaz Tirmizi

RAWALPINDI, DEC 31 (DNA) – Kyrgyzstan is an important destination for Pakistani traders and they must explore new avenues of cooperation in different fields including fruits, vegetables, pharma, sports goods and services sector.Situated on the Pamirs and the Tian Shen range; the Kyrgyz Republic is the 4th largest country amongst the Central Asian States offers great opportunities for businessmen and Pakistan can double its exports as last year it has signed a protocol during 3rd session of Pak-Kyrgyz Joint Ministerial Commission (JMC).

Pakistan Post launches new mobile app in major revamp efforts

Pakistan Post launches new mobile app in major revamp efforts

ISLAMABAD, DEC 30 (DNA) – Federal Minister for Postal Services Murad Saeed on Saturday inaugurated the Pakistan Post Mobile Application during a ceremony at ECO Postal Staff College in Islamabad.The mobile application will provide a range of services like complaint handling, track and trace, e-commerce, delivery, parcel collection, tariff, post office locations, postcodes and information about postal services.

Pakistan, Tunisia talks to proceed ahead for finalizing PTA

Pakistan, Tunisia talks to proceed ahead for finalizing PTA

ISLAMABAD, DEC 28 (DNA) – Adel Elarbi, Ambassador of Tunisia in Pakistan was invited for meeting by Secretary Commerce Mr. Mohammad Younus Dagha today to discuss bilateral trade issues and proceed ahead with remaining work on Preferential Trade Agreement.