Lahore, November 14, 2013 (PPI-OT): The All Pakistan Business Forum, criticizing the State Bank’s move to increase discount rate by 50 basis points and describing it a blow to the industry, has called for regionally competitive interest rates and urged the central bank to bring its key policy rate to single digit to counter weak …

Lahore, October 11, 2013 (PPI-OT): The All Pakistan Business Forum has said that the government has to make a long-term strategy to control import bill, as the demand of hundreds of millions of dollars for crude oil purchase is the major reason of free fall of rupee. “The all major banks wanting to cover the …

Lahore, August 22, 2013 (PPI-OT): Rejecting the huge jump in electricity tariff for industry from Rs9.18/KWH to Rs14.82 under the new energy policy, the APBF executive committee has asked the government to generate revenue through new investments in energy sector by attracting oversees Pakistanis introducing better regulations as economy cannot grow in presence of energy …

Lahore, March 25, 2013 (PPI-OT): The All Pakistan Business Forum has suggested the government to evolve a mechanism to become more effective in facilitating investments in the country and for this purpose oversees Pakistanis should be given maximum incentives to win their trust. APBF chairman Syed Nabeel Hashmi, who is also former chairman of the […]