Govt announces automotive policy carrying incentives, reduced duties

Courtesy The News International ISLAMABAD: The government on Monday announced the Automotive Policy 2016 carrying incentives and reduced duties for new entrants and existing vehicle manufacturers with the hope to bring in well known international brands to the Pakistani market. Addressing a press conference here Minister for Water and Power Khawaja Asif said the new…

Bangladesh’s bank governor resigns after $81 mn stolen in cyber heist

Courtesy The News International DHAKA: Bangladesh’s central bank governor Atiur Rahman resigned on Tuesday following demands of accountability from the government after $81 million was stolen from the bank’s U.S. account in one of the largest cyber heists ever. Rahman, who returned to Dhaka late on Monday after attending a weekend International Monetary Fund conference…

PM approves Strategic Trade Policy Framework 2015-18

Courtesy The News International ISLAMABAD: Prime Minister, Nawaz Sharif has approved the Strategic Trade Policy Framework (STPF) 2015-18. The mid-term strategic trade policy framework was formulated through an extensive consultative process spanning over almost a year, keeping in view the current trends in global trading environment and the declining trend witnessed in Pakistan’s exports during…