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KARACHI: In a positive development, the foreign investors’ confidence in Pakistan’s security situation has further improved, along with Overseas Investors Chamber of Commerce and Industry (OICCI) central management’s visits to the country which has increased over 65%. The OICCI’s annual security survey, conducted in June 2019, shows that the perception of...
ISLAMABAD: Adviser to Prime Minister on Commerce, Textiles, Industry and Investment Abdul Razak Dawood urged Chinese investors to exploit untapped potential of IT sector by bringing investment in Pakistan. In a meeting with Chinese officials on Wednesday, Dawood informed the delegation of the investment friendly policies being offered in Pakistan. Also Read: Repatriation...
ISLAMABAD - The investment to GDP ratio has been targeted by the government to grow at 15.8 percent during the upcoming fiscal year 2019-20 in order to achieve sustained and inclusive growth, official sources said. Among the total investments, the fixed investment is expected to grow to 14.2 percent...
ISLAMABAD: A US company has announced plans to invest in the solar power sector of Pakistan through a joint venture with a local company. The US-based company has already introduced its mobile solar technology in Pakistan, which can be used for civil and military purposes and assist in overcoming the circular...
ISLAMABAD:  Following incentives offered by Pakistan government, Guangzhou Rongshen Trading Company, one of the largest manufacturers of fragrance and perfumes in China, has announced plans to invest $2 million in the chemical sector of Pakistan and explore further investment avenues. Guangzhou Rongshen Trading Company Chairman Ivan Jiang signed a memorandum of...
KARACHI: In a bid to safeguard Al Futtaim-Renault investment of $165 million, Adviser to Prime Minister on Commerce and Industry Abdul Razak Dawood on Thursday assured full cooperation and support to Al Futtaim in resolving various issues. Faisalabad Industrial Estate Development and Management Company (FIEDMC) arranged the meetings in Islamabad...
ISLAMABAD: Pakistan's stock market has paid a heavy price of political uncertainty and present government’s ambiguous fiscal policies. During the last two years, the investors have lost Rs2,630 billion in the capital market out of which Rs1,758 billion loss has been inflicted in the first ten months of PTI government,...
ISLAMABAD:  Tunisia is keen to promote bilateral trade with Pakistan and both countries have immense potential for trade in many sectors, said Ambassador of Tunisia Adel Elarbi. Speaking to the business community at the Islamabad Chamber of Commerce and Industry (ICCI), the envoy outlined that governments were responsible for facilitating connectivity...
ISLAMABAD: The All Pakistan CNG Association (APCNGA) on Monday said that around twenty multinational and local companies are keen to invest in the country’s gas sector. The companies keen to invest in the country’s gas sector include ExxonMobil, Mitsubishi, Trafigura, Eni of Italy, Vito, Gunvor Group, Petronas Global, and Qatargas....
ISLAMABAD:  A business delegation of the UK has signed agreements for investment of 200 million pounds in Pakistan and it is also searching for more investment opportunities, announced UK-Pakistan Chamber of Commerce and Industry (UKPCCI) President Amjad Khan. Talking to business community at the Islamabad Chamber of Commerce and Industry (ICCI),...

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A tale of two budgets

About a fortnight back the Indian Government announced its first post Elections 2019-20 Budget, and it will be interesting to see how it compares...