ISLAMABAD: The World Bank?s report on ?Doing Business 2011? has further downgraded by eight notches Pakistan?s overall ranking in one year, during the tenure of the PPP-led regime. The country has slipped to the 83rd spot in 2011 against the 75th position in 2010, indicating the growing misgovernance and mismanagement….
Category: Pakistan Business News
UNWTO Silk Road Action Plan Passes First Step
SAMARKAND, Uzbekistan — Following the cooperative format and tourism implementation strategy of the Greater Mekong Subregion countries, tourism representatives of 26 countries along the legendary Silk Road took the first steps towards adopting a new Silk Road Action Plan at a meeting in this historic Central Asian city earlier this…
Albtros Luxury Cruise Ship Arrives Karachi for a day
MS Albatros a cruise ship, operated by the Germany-based travel agency Phoenix Reisen docked at Karachi’s Kemari port today the 12th April 2010. Local touroperator Travel Waljis handles the city sight seeing tour of Karachi for the tourist aboard on the cruise ship. Abaros was built in 1973 by W?rtsil?…
Plan afoot to reopen Swat tourism, hotel institute
ISLAMABAD, March 13: The Ministry of Tourism has decided to seek assistance from the Austrian government for the rehabilitation of the Pakistan-Austrian Institute for Tourism and Hotel Management (Paithom) at Gulibagh (Swat). Official sources told Dawn that the Pakistan Tourism Development Corporation (PTDC) had submitted a report to the Ministry…
Pakistani delegation participated at ITB Berlin-2010
PESHAWAR, Mar 10 (APP): NWFP Minister for Sports, Tourism, Culture, Archaeology and Youth Affairs Mr. Aqil Shah said that the Pakistan delegation has been keenly welcomed in the ITB Berlin-2010, the world famous International Tourism Exhibition started at Berlin, Germany. Talking to APP on phone, Syed Aqil Shah said that…
US to facilitate Pak businessmen build international partnerships
ISLAMABAD, Nov 10: US wants to engage Pakistan in a long-term and productive dialogue by facilitating Pakistani entrepreneurs build partnerships with international business community and tackle the problems of poverty, unemployment and other challenges. This was stated by Paul A. Brinkley, Deputy Under Secretary of Defence (Business and Transformation) and…
Yamaha to set up motorcycle manufacturing plant in Pakistan
TOKYO, Sept 17th 2009: The leading Japanese company Yamaha plans to make an investment of US$ 150 million in motor cycle manufacturing on a large scale in Pakistan. This was stated by President of Yamaha Takashi Kajikawa in a meeting with Pakistan?s Ambassador to Japan Noor Mohammad Jadmani at the…
Water comes to the rescue in northern Pakistan
KARIMABAD, PAKISTAN Residents of Pakistan?s northern valleys are harnessing the natural might of glacial melt to generate electricity in their remote communities, and local officials hope that further hydroelectric projects in the area will have the potential to alleviate the country?s growing energy crisis. The five districts of the Northern…
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