Trade Bodies

KARACHI: The Council of the Institute of Chartered of Accountants of Pakistan (ICAP) unanimously elected Nadeem Yousuf Adil as President, Khalilullah Shaikh as Vice President-South and Nazir Ahmad Chaudhri as Vice President-North of the Institute for the year 2016/17, in their 278th meeting, a statement said on Saturday. Adil, a fellow member of ICAP, is […]

Traditionally, trade financing has been the main contributor to a banks’ core income with long-term project financing being not so alluring for them. But in the last five years, this trend has become more pronounced with the huge expansion in domestic trade. After remaining depressed in 2011, largely due to devastating effects of the super […]

ISLAMABAD (INP): President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain on Wednesday asked the govt to increase regulatory duty on import of wheat from 40 percent to 60 percent to discourage imports. Country has already surplus stock and all efforts to deal with it have backfired therefore wheat imports at this stage is […]

ISLAMABAD: Terming ‘weak’ the regional integration in South Asia under South Asian Free Trade Agreement (Safta), the Asian Development Bank (ADB) has estimated that interregional trade possessed potential of jacking up agriculture exports by $14 billion per annum from existing level of $8 billion to $22 billion. “The fact remains that, unlike other geographic regions […]

KARACHI: The World Bank Group’s Mission on Trade and Competitiveness, led by operation officer Amjad Bashir, visited the Karachi Chamber of Commerce and Industry to seek the business community’s input on the overall investment climate of Sindh, particularly the industrial zones in Karachi. According to a statement issued by the KCCI, Bashir, while highlighting the purpose […]