Business

Agriculture training contribute in increase of productivity, food security: Chairman

F.P. Report ISLAMABAD: Training program under JICA supported project for “Capacity development of Agriculture Extension services in Balochistan inaugurated at NARC. Islamabad; The inaugural ceremony of 1st Cycle of training courses of Agriculture Officers and Field Assistants was held in the auditorium of National Agriculture Research Centre (NARC). The Government of Balochistan and NARC requested…

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PM’s efforts to boost trade with Qatar hailed

F.P. Report KARACHI: President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday termed decision of the Prime Minister Imran Khan to boost trade with Qatar a great decision. Talking to the business community…

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‘Promoting regional trade must for alleviating poverty’

F.P. Report ISLAMABAD: Advisor to Prime Minister on Commerce Abdul Razak Dawood has said the government’s resolve to work for achieving economic, social and cultural development in the South Asian region by combating common challenges of poverty, unemployment, terrorism, transnational crimes and climate change. “As the largest number of the world’s poor resides in the…

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Rupee stable against dollar in interbank

F.P. Report ISLAMABAD: The exchange rate of US dollar against rupee remained stable at Rs 154.98 on Wednesday, the State Bank of Pakistan (SBP) reported. However according to Forex Association of Pakistan the buying and selling rates of dollar in open market were recorded at Rs 154.4 and Rs155. The SBP further reported that in…

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Russian involvement in development projects mutually beneficial, says Hammad Azhar

F.P. Report ISLAMABAD: Federal Minister for Economic Affairs HammadAzhar on Wednesday said that Russian involvement in development projects will be mutually beneficial for both Russia and Pakistan. Addressing a press conference alongside Russian Trade Minister Denis Valentinovich in Islamabad, Azhar specifically highlighted cooperation in the railway sector. “Russia is exporting (railways) equipment to European countries.…

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Turkey may buy cheaper gas via TurkStream

Monitoring Desk ANKARA: Turkey will be able to avail of cheaper natural gas through the new TurkStream pipeline that will begin operating in the coming month, Professor SalihYilmaz, president of Ankara based think-tank institute of Russian studies (RUSEN) told Anadolu Agency on Tuesday. The dual TurkStream natural gas pipeline is considered a strategic investment for…

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European, US stock markets hit pause at start of big week

Monitoring Desk NEW YORK: European and US stock markets eased on Monday at the start of a key week for China-US trade hopes and ahead of Britain’s general election. The dollar wobbled against its main rivals ahead of the final monetary policy meeting of the year of the Federal Reserve. Meanwhile, sterling drifted higher awaiting…

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Auto sale plunges 44% in November

F.P. Report ISLAMABAD: The sale of cars in November 2019 plunged by 44.4 percent to 8,524 units against sale of 15,334 units in same month of last year. On average the auto sale also sharply declined by 44.12 percent from 87,897 units in the period July-November (2018-19) to 49,110 units in first five month of…

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SCCI, SMEDA accelerate efforts for development of Business Facilitation Centre

F.P. Report PESHAWAR: The Sarhad Chamber of Commerce and Industry, and Small and Medium Enterprises Development Authority (SMEDA) have expedited their efforts to establish a proposed Business Facilitation Centre with an object to resolve business community issues and bring easiness in doing businesses under idea of ‘one-window’ operation. In this connection, a meeting was held…

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