FPCCI launches global trade committees

Initiative will significantly enhance Pakistan’s representation, proactive participation in regional, global economies KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh has announced the formation of national committees for various international forums, including ECO CCI, the Pakistan-EU Business Forum, CACCI, the Pakistan-ASEAN Business Forum, the Commonwealth, D-8 CCI and the…

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President reiterates nuclear safety pledge

. ISLAMABAD/LAHORE: President Asif Ali Zardari has reaffirmed Pakistan’s commitment to maintaining the highest standards of nuclear safety and security. In a message on International Chernobyl Disaster Remembrance Day observed on April 26, the president stressed that Pakistan supports international efforts that promote responsible conduct, strengthen safeguards and reduce the risk of incidents like Chernobyl…

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Saggian zone demands industrial status

Minister directs resolution of conversion fees issue via stakeholder consultation LAHORE: Provincial Minister for Industries and Commerce Chaudhry Shafay Hussain has assured industrialists that their genuine issues would be addressed on a priority basis, particularly the demand to abolish conversion fees imposed by the Ravi Urban Development Authority (Ruda) in Saggian Industrial Area. The assurance…

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PSX sinks 2,830 points on oil, geopolitics

KARACHI: The Pakistan Stock Exchange (PSX) plunged on Thursday, with the benchmark KSE-100 index tumbling 2,830 points, as escalating Middle East tensions and a sharp spike in global oil prices triggered broad-based selling and dampened investor sentiment. At the close of trading, the KSE-100 index posted a sharp decline of 2,829.70 points, or 1.71%, and…

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Businessmen for building gas line

Businessmen Group (BMG) Chairman Zubair Motiwala expressed optimism that the 15-day ceasefire would continue ublic-sector gas utilities are operating with a guaranteed rate of return – a formula that should be revised to run them on a commercial basis. Photo: file KARACHI: Businessmen of Karachi, while terming the US-Iran ceasefire a big achievement, have said…

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Investment in AI, robotics sought

Chairman calls on industry to deepen investment in Pakistan across artificial intelligence, robotics, and blockchain ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib on Thursday held an industry briefing, bringing together founders, chief executives, technologists, and financial innovators from Pakistan’s digital assets sector. The chairman called on industry…

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