Government Commitment to Boost Business and Investment in Pakistan
The Honorable Secretary of BOI Muhammad Sohail Rajput addressed a gathering of esteemed CEOs and business leaders at the CEO Investment Summit organized by CEO Club Pakistan, underscoring the pivotal role played by the business community in the economic development of Pakistan.
Mehfooz
SECP registers 2,477 new companies in September
Foreign investment has been reported in 82 new companies The Securities and Exchange Commission of Pakistan registered 2,477 new companies in September 2023, bringing the total number of companies in Pakistan to 202,892. The total capitalization (paid up capital) of newly incorporated companies stood at Rs. 1.59 billion, said a press release issued. Private limited…
Adil Aziz
FDI increases by 17.3% in August: Economic Outlook Report
Foreign Direct Investment in the country during first month of current financial year (2023-24) witnessed about 17.3 percent growth as compared to the investment of the corresponding month of last year. By the month of July 2023, the FDI reached $87.7 million against the investment of $ 74.8 million in same period of the last…
Experts for maximizing exports, curtailing imports to achieve trade surplus
Speakers at a seminar highlighted the importance of maximizing exports and curtailing imports to help the country in achieving trade surplus for sustainable economic growth. They were speaking at a seminar titled “40 Years of Diplomatic Relations between Pakistan and Korea: Trade, Investment and human resources” organized by the Pakistan Institute of Development Economics (PIDE),…
Pakistan is an ideal destination for U.S. investors and businesses
Pakistan has taken a number of steps to enhance the ease of doing business, Ambassador Masood Khan has told Pakistani-American businessmen in Los Angeles, California, urging them to become part of the country’s economic transformation. “Pakistan is an ideal destination for U.S. investors and businesses due to its unique geo-economic position and impressive demographic cohorts”,…
FDI increases by 88pc in August
The Foreign Direct Investment (FDI) into the country increased by 87.94 percent on month-on-month basis during August 2022 against the inflows of July 2022. The FDI inflows were recorded at $ 110.7 million in August 2022 as against an inflow of $ 58.9 million in July 2022, says ‘Economic Update and Outlook for September 2022’….
International inflation, floods minimize economic outlook for FY 2023
In the backdrop of international price-hike and recent exceptional floods, the economic outlook for Pakistan in the current fiscal year (2022-23) is likely to remain below the target, says ‘Economic Update and Outlook for September 2022’ released by finance ministry. “The economic outlook for Pakistan in the current fiscal year has become uncertain and will…
Chinese entrepreneurs united to invest SEZs in Punjab
Pakistan has one of the most free trade and investment regimes in the world and is likely the most free one in South Asia. The establishment of Special Economic Zones (SEZs) is a flagship initiative of the Pakistani government to attract Foreign Direct Investment (FDI). Pakistan attaches high importance to its trade and investment relations…
PM forms committee to resolve problems of foreign investment companies
Prime Minister Shehbaz Sharif on Monday constituted a committee to resolve the problems faced by the foreign investment companies, particularly related to Gwadar Free Zone. The committee will submit a comprehensive report along with recommendations to the prime minister within 10 days. Chairing a high-level meeting on investment, Prime Minister Sharif said the Chinese investment…
Govt resolved to facilitate businesses for attracting FDI: Pasha
Minister of State for Finance and Revenue, Dr. Aisha Ghous Pasha here on Thursday expressed government’s resolve to increase foreign direct investment (FDI) in the country through keen focus on ease of doing business and facilitation of business community. This would help in attaining sustainable growth in the country, the state minister said in a…
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