-
The
Board of Investment has identified the sectors that
attracted major investments during the last five
months, saying that the total marked an increase
of 186 percent over the same period of last year.
-
Minister
for Industries and Production said the Government
will shortly introduce a 'one-desk system' to facilitate
the investors at one point.
-
The
Asian Development Bank approved a grant of $ 150,000
to assist the Government of Pakistan in the design
of a Political Risk Guarantee Facility.
-
The
prices of 20 life-saving drugs of leader products
have been reduced.
-
State
Bank of Pakistan is currently engaged in developing
special government securities that will be Shari'ah
compliant and meet an important requirement of the
Islamic banks.
-
As
per the results, 32.64 percent of Karachi Stock Exchange
listed companies are profit making, while 23.57 percent
paid dividends during 2002.
-
Japanese
Ambasador expressed satisfaction on restoration of
democracy in Pakistan and explained that Japanese
Government is very keen to expand and deepen their
economic business relations with Pakistan.
-
World
Trade Organization poses no serious threat to the
leather industry of Pakistan; however, the industry
needs to address the whole value chain of its production
to meet the required standards of quality set by
WTO.
-
The
Consul General of Sri Lanka said "We are almost
ready to ink a Free Trade Agreement, between Pakistan
and Sri Lanka at any movement, depending upon the
convenience of the two governments, to enhance the
two-way trade."
-
Pakistan
Readymade Garments & Manufacturers Association
has urged Advisor to the Prime Minister on Economic
Affairs to direct Central Board of Revenue not to
withdraw SRO 410, and instead let it run simultaneously
with Duty and Taxation Remission on Exports rules
for garment exporters.
