Japanese companies operating in Pakistan are least interested in further investment to expand their businesses, while the country ranked lowest in the region. “Unstable security, high inflation and an unstable exchange rate are major business concerns for Japanese companies operating in Pakistan,” said an official Japanese government survey on Monday. The Japan External Trade Organisation (J
Pakistan’s merchandise export growth in March slowed to 7.99 per cent after posting double-digit increases in the preceding three months. In absolute terms, the export reached $2.55 billion in March, up 7.99pc from $2.36bn over the corresponding month of last year, according to data released by the Pakistan Bureau of Statistics on Monday. The trade deficit widened year-on-year by 56.30pc to
The federal government has decided to conditionally allow goods exporters to import raw material, machinery and equipment without paying duties and taxes under the Export Facilitation Scheme. Exporters will have to obtain approval from the collectorate for the import of raw material, machinery and equipment. They will be able to import machinery and equipment worth up to 50% of the annual expor
World War II concluded with the end of a multipolar world. Under the umbrella of the United States, the West initiated the process of creating a unipolar world, but the emergence of the USSR did not allow the West to create a unipolar world. The West came up with another strategy and began constructing a global economic and financial system to dominate the post-World War II world. The West wanted
Leading business leaders have presented a couple of proposals to find solutions to the problems arising in the wake of a sudden implementation of the Axle Load Regime (ALR) of the National Highway Safety Ordinance (NHSO) 2000. The ALR, re-implemented on Nov 12, 2023, is hitting local trade, exports and imports. They said the authority concerned imposed the ALR and adopted a pitch that highways