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Tag Archives: Economy

Pakistan Day reception in Istanbul highlights strong Pakistan-Turkey relations

Consul General Istanbul and other guests cutting a cake to mark Pakistan Day in Istanbul

Pakistan’s Consul General, Dr. Yusuf Junaid, highlighted greater collaboration between Pakistan and Turkey, which is expected to lead to a comprehensive Free Trade Agreement ISTANBUL (Turkey) – Pakistan Day reception was hosted by Pakistan’s Consul General, Dr. Yusuf Junaid, in Istanbul in which guests highlighted growing relations and cooperation between the two brotherly countries, Pakistan and Turkey. A large number of distinguished guests participated in the reception as ... Read More »

Exploring Wool Value Chain Development in Balochistan

Exploring Wool Value Chain Development in Balochistan

Wool value chain development will facilitate economic development and is an important step towards development of Pakistan: Siddique Mandokhel, Secretary Livestock ISLAMABAD – A consultation session was organized in Islamabad today to seek suggestions and recommendations for the best way forward in developing the wool sector in Balochistan. Food And Agriculture Organisation (FAO) in collaboration with the federal and Balochistan ... Read More »

Saudi Arabia bans imports of shrimps from Pakistan

Workers at a shrimp factory

Saudi Arabia has banned shrimp imports from Pakistan as a precautionary measure after detecting white spot disease in crustaceans exported from the country, according to Saudi Food and Drug Authority (SFDA). The measure is based on a report of the World Organisation for Animal Health (OIE), which included Pakistan in the index of countries with shrimp affected by the disease. ... Read More »

European tourism industry hit hard by Brussels terror attacks

European tourism industry hit hard by Brussels terror attacks. Photo: Charles Platiau/Reuters

Brussels terror attack has altered perceptions of the continent’s safety. The impact of the Brussels terror onslaught was immediate. Within days, occupancy rates at some hotels in the city plunged to just 25%, according to preliminary estimates from STR, a company that tracks hotel industry data. The rate had been 82% the night before the bombings. Other European cities felt ... Read More »

Pakistan and Iran vow to boost trade, defence ties

Pakistani PM Nawaz Sharif and Iranian President Hassan Rouhani in one-on-one meeting at PM House in Islamabad on March 25, 2016.

Pakistan and Iran sign 6 MoUs during the visit of first Iranian head of state to neighbouring Pakistan in the last 14 years. Pakistani Prime Minister Nawaz Sharif and Iranian President Hassan Rouhani have vowed to boost cooperation on regional security and trade during talks in Islamabad, the first visit by an Iranian head of state in 14 years. Pakistan and ... Read More »

Singapore remains world’s most expensive city: Report

Singapore is world’s most expensive city for third year in a row, says EIU report

Singapore is world’s most expensive city for third year in a row, says EIU report Singapore has retained the title of the world’s most expensive city for the third year in a row, despite experiencing its longest spell of declining consumer prices since the 1970s. Singapore has a score of 116, just ahead of Zurich and Hong Kong’s 114, according ... Read More »

Pakistan, Germany to launch renewable energy forum

Speakers at 5th International Renewable Energy and Energy Efficiency Conference held in Islamabad

Pakistan and Germany are working on Pak-German Renewable Energy Forum (REF) to connect Pakistani-German stakeholders from public and private sectors of Renewable Energy and Energy Efficiency, Ambassador of Germany to Pakistan Ina Lepel said on Saturday. Speaking at the 5th International Exhibition and Conference on Renewable Energy and Energy Efficiency, she said the German Development Cooperation had been engaged in renewable energy ... Read More »

Beijing now has more billionaires than New York

Beijing now has more billionaires than New York

China edged out America on several fronts in a new report profiling the world’s wealthiest people. Beijing pushed New York into second place – 100 to 95 – when it took over this year’s “Billionaire Capital of the World” title. Shanghai-based firm Hurun conducts the yearly research and rankings of the world’s wealthiest people and their spending lifestyle. China now has the ... Read More »

Fiza Farhan appointed Member of UN panel on Women Empowerment

Pakistan's Fiza Farhan in Forbes list of 2015's young entrepreneurs

Pakistan’s Fiza Farhan has been named as Member of the first ever High-Level Panel of the UN Secretary-General on Women’s Economic Empowerment. The establishment of this distinguished panel was announced in January at the World Economic Forum in Davos with UN Women – the United Nations Entity for Gender Equality and the Empowerment of Women – serving as its secretariat. ... Read More »

Experts urge to promote social enterprise to empower people

social-enterprise

Enabling environment, regulatory support for social enterprise contribute to growth ISLAMABAD – Experts call upon the government to create an enabling environment, concrete policy regime and regulatory support for development of social enterprise that contributes to addressing some of the most pressing development challenges and to achieving inclusive economic growth. This was the crux of a policy symposium jointly organized by ... Read More »

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