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Ambassador designate to Portugal calls on Prime Minister
Ambassador designate to Portugal, Gul Haneef paid a courtesy call on Prime Minister Syed Yousuf Raza Gilani this morning before his departure to assume his new assignment. Prime Minister asked the Ambassador…
Pakistan to reinvigorate existing ties with Australia: Prime Minister
Prime Minister Syed Yusuf Raza Gilani has said that Pakistan would like to reinvigorate its existing cordial multifaceted ties with Australia through enhanced trade, investment, social sector and capacity…
No objection if NFC Award formula is reviewed: Shahbaz
Chief Minister Punjab Mian Muhammad Shahbaz Sharif on Tuesday said that the Punjab government would have no objection if formula for NFC Award is reviewed with the consensus of the provincial governments…
Current account deficit narrows in January
The country's current account deficit reduced by 25 percent during January 2009 due to the rise in services exports and decline in global commodity prices. State Bank of Pakistan statistics on Tuesday…
Market access for Pakistani products: US seeks unified idea to help evolve strategy
The United States Administration is evolving a strategy that would ensure greater market access to the Pakistani products, but the Pakistani businessmen should strengthen bilateral trade between the two…
Indonesia and Pakistan discuss FTA
Indonesia and Pakistan on Tuesday started trade negotiations on Free Trade Agreement (FTA) and Preferential Trade Agreement (FTA) to facilitate concessionary import and export between the two countries…
Pakistan to host Pak-Tajik JMC
The Joint Ministerial Commission (JMC) of Pakistan and Tajikistan will hold its next meeting in Pakistan in the middle of this year to further boost economic ties between the two countries. Various matters…
21 SOEs to be offered for sale: new privatisation policy approved by CcoP
The Cabinet Committee on Privatisation (CCoP) here on Tuesday approved the new privatisation policy besides approving privatisation of 21 State Owned Enterprises (SOEs). Addressing a press conference …
Federal government help to be sought for resolution of issues: Ibad assures business community
Governor Sindh, Dr Ishrat-ul-Ibad Khan has assured business community that he will take help of President and Prime Minister to get their economic issues resolved on priority basis. Addressing members…
Chaudhry Javed elected President AJKCCI
Annual elections to the offices of Azad Jammu and Kashmir (AJK) Chamber of Commerce and Industry were held here on Tuesday. According to the results Chaudhry Javed Iqbal was declared successful elected…
Sarhadi elected as APCEA chairman
Zia-ul-Haq Sarhadi has been elected unopposed as chairman All Pakistan Commercial Exporters Association (APCEA) in the elections for calendar year 2009. The elections were held under the supervision of…
Punjab persuading Centre for 20-30 percent cut in medicine prices
Punjab government is determined to vigorously pursue the case for significant cut in medicine prices with Federal Government. However, the Chief Minister's task force chairman on spurious drugs, Dr Saeed…
Pakistan and Nepal sign agreement to enhance tourism
Pakistan and Nepal signed a bilateral agreement to enhance Tourism Co-operation that would allow both tourism-rich countries to further bolster ties for the promotion of their potentials. Under the agreement…
Activity at Karachi and Qasim ports
The Karachi Port handled 114,317 tonnes of cargo including 66,349 tonnes of import and 47,968 tonnes of export cargo during last 24 hours ending at 0700 hours on Tuesday. The freights comprised of 65,…
Railways in lurch: revolutionary steps needed to overcome rising deficit, says minister
Minister of State for Railways, Fakir Muhammad Jadam Mangrio, has stressed the need to take revolutionary steps in the administrative system of Railways to overcome its increasing deficit, which has reached…
PARAS Foods starts providing irradiation services
PARAS Foods (Pvt) Limited, a joint venture of Pakistan Horticulture Development & Export Board (PHDEB) and Pakistan Atomic Energy Commission (PARC), has started providing irradiation treatment to export…
July-December repayment stands at $1.8 billion
Pakistan has made $1.8 billion loan repayment to international financiers and countries during the first six months (July-December) of current fiscal year, Sources told Business Recorder that Pakistan…
Illegal investment in stock exchange: PAC directs NLC to conduct inquiry into Rs 5.387 million loss
Public Accounts Committee (PAC) of the National Assembly has directed Planning and Development Division to submit a report on estimated loss of Rs 5.387 million due to illegal investment made by the National…
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