APBF to work with govt to lift Ease of Doing Business Index further October 27, 2019 - All Pakistan Business Forum President Syed Maaz Mahmood has welcomed the Pakistan’s highest-ever upward shift in a single year in the World Bank Ease of Doing Business index, stating the APBF is ready to work closely with the government to resolve all industrial issues for further ease of doing business and to enhance exports and […]
Pakistan, Spain need to enhance trade volume in various sectors October 12, 2019 - Spanish Ambassador Manuel Durán Giménez-Rico has said that Pakistan and Spain have been enjoying cordial relations and trade ties between the two countries are growing, but more efforts are needed to enhance bilateral trade volume in various sectors. He said that Spain gives great importance to Pakistan for its trade ties, offering equal opportunity for […]
APBF condoles death of its leader October 3, 2019 - The All Pakistan Business Forum (APBF) has expressed deep sorrow over demise of its National Board Member and former Chairman of APBF Mr. Khalid Rafiq, who was the Director of Habib Rafiq (Pvt) Ltd. APBF Chairman Ibrahim Qureshi and President Syed Maaz Mahmood, in their condolence message, prayed that may Allah Almighty rest the departed […]
APBF concerned over 58% decline in FDI in July-Aug September 29, 2019 - The All Pakistan Business Forum has raised its serious concern over the falling trend of foreign direct investment (FDI) into the country, which has plunged by over 58% during the first two months of the new fiscal year of 2019-20. APBF President Syed Maaz Mahmood said that despite significant improvements in the energy infrastructure and […]
DISCOs raise power tariff by 70% for Punjab export industry September 15, 2019 - The power distribution companies (DISCOs) have raised their electricity tariff for the Punjab exporting industries, charging them up to Rs20 per unit from the earlier rate of Rs10.62 per unit by imposing various levies and taxes. The DISCOs in Punjab, including Lahore Electric Supply Company, has started charging their industrial consumers different taxes from July […]
Low volume of private sector credit offtake to hinder business activity: APBF September 1, 2019 - The All Pakistan Business Forum has urged the central bank to review its policies to facilitate private sector, as the credit off take in fiscal year 2018-19 has fallen to Rs 607.5 billion against Rs 618.2 billion of last year on the back of high key policy rates, which was raised from 6.5 percent to […]
APBF calls for economic uplift through skill development August 4, 2019 - All Pakistan Business Forum has stressed the need for promoting skills development according to the private sector demand, saying the skilled youth can fulfill the industrial human resource needs, besides uplifting national economy. APBF President Syed Maaz Mahmood said that the employability rate of graduates from the formal TVET system is very low due to […]
Work on sustainable way to build reserves and focus on economic growth instead of borrowing: APBF July 4, 2019 - All Pakistan Business Forum (APBF) has asked the government to work on a sustainable way to build reserves and focus on economic growth and come up with export-boosting policies instead of borrowing funds from the State Bank of Pakistan during next fiscal year, as the total borrowing in the ongoing fiscal year has doubled to […]
Govt real task is to end parallel economy through structural reforms in bureaucracy: APBF June 3, 2019 - The real task of the government is to eliminate parallel economy which is equal to the documented economy of around $315 billion and the policy focus should be more on doubling the size of documented economy to over $1 trillion. It is not possible through temporary amnesty schemes rather it can be done through reforms […]
APBF says debt servicing a biggest challenge on expenditures front in upcoming budget May 29, 2019 - The governments’ borrowing policy over the last decade has brought the country to the brink, as the debt servicing has now become the biggest challenge on expenditures front in the federal budget in the wake of huge domestic and foreign borrowings, which might cross Rs2.25 trillion at the end of the current fiscal year of […]