Mr. Rocco Rossi, the President of Ontario Chamber of Commerce that represents more than 60,000 big and small businesses, met with Pakistan’s Commerce Minister Pervaiz Malik and discussed areas to boost business ties and enhance interaction between business entities of the two countries. The Pakistani minister is visiting Canada to highlight business opportunities in Pakistan […]
Pakistan and its neighbors can turn South Asia into an Export Powerhouse only if they improve the business environment, connect to global value chains, leveraging clusters, and strengthening firm capabilities, a World Bank report says. The report titled “South Asia’s Turn: Policies to Boost Competitiveness and Create the Next Export Powerhouse” speaks about the need […]
In yet another major boost to its efforts to attract foreign investment, Korean carmaker Kia will start assembling cars in Pakistan in a joint venture with a local partner, a new addition to the car industry which has long been dominated by Japanese companies. Karachi-listed company Lucky Cement will invest $115 million to set up […]
Pakistanis expatriates sent $6.2 billion back home in remittances during the first four months of the 2016-17 fiscal year, according to the State Bank of Pakistan, posting a slight decline when compared with the same period last year. During July-October, 2015, overseas Pakistani workers remitted $6.5 billion. During October 2016, the inflow of worker’s remittances […]
Chinese ships loaded with cargoes sailed to overseas destination from Gwadar this week, as Pakistan activated the much-awaited deep sea port for international trade route that is seen as a rival to Iran’s port of Chabahar. Pakistan’s Prime Minister Nawaz Sharif and Chinese officials gathered on the port to receive the first trade convoy from […]
