KARACHI: The Trade Development Authority of Pakistan (TDAP) and the International Trade Centre (ITC) organised a seminar on “Women-in-trade: Export Readiness 101” at the Expo Centre, Hyderabad for capacity-building of women entrepreneurs in Pakistan, a statement said. It is part of a series of seminars leading to the upcoming Wexnet exhibition scheduled in February 2022 … Read more
KARACHI: The rupee ended flat against the dollar on Monday, amid high demand for the foreign currency for external payments, dealers said. The rupee ended at Rs176.68 against the dollar from last Friday’s closing of Rs176.67 in the interbank foreign exchange market. The dealers said the dollar demand remained high during the day, as the … Read more
KARACHI: The rupee gained 25 paisas against the dollar on Friday, as inflows of export receipts and remittances helped the local currency, dealers said. The rupee ended at Rs176.67 against the dollar from the previous day’s closing of Rs176.92 in the interbank foreign exchange market. The dealers said the local currency was supported by the … Read more
ISLAMABAD: Export of Pakistani workforce to the Gulf Cooperation Countries (GCC) has declined over the past few years mainly due to the outbreak of pandemic Covid-19. Details into this account was shared by the Ministry of Overseas Pakistanis and Human Resource Development in Question Hour of the National Assembly of Pakistan on Friday. More than … Read more
KARACHI: The rupee recovered three paisas from it’s all-time low against the dollar on Thursday on tightening of foreign exchange buying in the open market, dealers said. The rupee ended at Rs178.12 against the greenback from the previous day’s closing of Rs178.15 in the interbank foreign exchange market. The rupee recorded the all-time low of … Read more
KARACHI: The Union of Small and Medium Enterprises (Unisame) has sought clarification from the Federal Board of Revenue (FBR) to enable export of white food grade poppy, a statement said on Thursday. Unisame president Zulfikhar Thaver invited the attention of the FBR to the Export Policy Order of September, 2020 wherein export of imported poppy … Read more
LAHORE: Minister for Industries and Commerce Mian Aslam reviewed colonisation and improvement of infrastructure for the Export Processing Zone Sialkot, a statement said. During a meeting, Iqbal urged the allottees to start construction after paying outstanding dues, adding that 100 per cent colonisation of industrial zones would be ensured. The meeting was informed that 121 … Read more
BEIJING: Export growth in China lost some steam in November, as holiday demand from abroad faded, official data showed on Tuesday, but the demand for overseas fuel pushed up imports to spike above expectations. Strong exports have helped boost growth in the world’s second-largest economy since the middle of 2020, with China containing domestic outbreaks through … Read more
KARACHI: The Trade Development Authority of Pakistan (TDAP), in collaboration with the International Trade Centre (ITC), organised a seminar on “Women-in-Trade: Export Readiness 101” at the Quetta Chamber of Commerce and Industry for the capacity-building of women entrepreneurs in Pakistan, a statement said on Monday. This was the second in a series of planned seminars … Read more
ISLAMABAD: The authorities in Pakistan’s northwest Khyber-Pakhtunkhwa province are determined to tap the economic potential of the province through the development of special economic zones (SEZs), chief executive officer of the KP Economic Zones Development and Management Company (KPEZDMC) has said. The investment-friendly policies of the provincial government and efforts of the KPEZDMC have enabled … Read more
ISLAMABAD: The exports of sports goods witnessed an increase of 20.73 percent during the first four months of the current financial year (2021-22) as compared to the exports of the corresponding period of last year. Pakistan exported sports goods worth $105.120 million during July-October (2021-22) against the exports of $87.070 million during July-October (2020-21), showing … Read more
KARACHI: The Union of Small and Medium Enterprises (Unisame) has urged Federal Minister for Science and Technology Shibli Faraz to recommend export of Khaskhas (white poppy seeds without any further delay, as the SME farmers and exporters are losing opportunities in the global markets and suffering due to wrong policies, a statement said on Friday. … Read more
ISLAMABAD: Pakistan earned $195.990 million by providing different information technology (IT) services in various countries during the first month of the current financial year 2021/22. This shows a growth of 20.22 per cent, compared with $163.020 million earned through the provision of services during the corresponding period of the last fiscal year 2020/21, according to … Read more
KARACHI: The Utility Stores Corporation (USC) has been found to have sold tonnes of the imported white sugar in the market instead of selling it to the under-privileged people at subsidised rates. The Customs authorities have seized 500 bags (50kg each) of white sugar, which was being smuggled to Afghanistan. “[The] Customs Squad Nowshera intercepted … Read more
DUBAI: The UAE will pursue an aggressive timetable to negotiate broad economic agreements with eight countries it wants to deepen trade ties with, hoping it can wrap up some of those talks within a year, Reuters quoted UAE trade minister, as saying. The Gulf state, already a hub for global trade, this month announced plans … Read more
BEIJING: The localisation is a key to success for the high-end Pakistani handicrafts such as a variety of minerals, marbles, wooden and leather products. “This design is specially made for the Chinese customers; they like it a lot,” Muhammad Kamil Khan, CEO of Pak Link Enterprises, said, while showcasing the high-end Pakistani handicrafts in the … Read more
ISLAMABAD: The Federal Board of Revenue (FBR) has successfully developed and rolled out a new module in WeBOC system for online Export Facilitation Scheme (EFS) authorisation application, a statement said on Wednesday. The exporters can avail this facility after getting registered in the WeBOC System. In this regard, a new feature has been added in … Read more
KARACHI: The Model Customs Collectorate (MCC) Peshawar has said that the quantum of duty-free imports from Afghanistan has surged 73 per cent in the fiscal year 2020/21. The volume of imports from Afghanistan cleared through the collectorate during the fiscal year 2020/21 was Rs84.4 billion, compared with Rs65.44 billion in the preceding fiscal year, showing … Read more
