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US senators introduce bill for duty-free economic zones along Pak-Afghan border

By News Desk
WASHINGTON/ LAHORE: US senators have introduced a bipartisan bill to promote and generate economic benefits for Pakistan and Afghanistan by establishing Reconstruction Opportunity Zones along Afghanistan and Pakistan border.
The bill is called the ‘Pakistan-Afghanistan Economic Development Act’. The legislation proposes the set up of a reconstruction opportunity zones along Pak-Afghan border areas. “The bill would establish Reconstruction Opportunity Zones (ROZs) in Afghanistan and Pakistan’s border regions to allow certain products from these areas to enter the US duty-free,” a statement read.
The bipartisan bill was introduced by Democrat Senators Van Hollen, Maria Cantwell and Republican Senator Todd Young. The outlined objectives of the say that fostering trade with the Pakistan-Afghanistan border region will help bolster economic development and improve the livelihoods of local populations. ....

United States , Todd Young , Tahir Javed , Maria Cantwell , Van Hollen , Afghanistan Economic Development , News Desk , Reconstruction Opportunity Zones , Pakistan Afghanistan Economic Development , Democrat Senators Van Hollen , Republican Senator Todd , American Democrat , ஒன்றுபட்டது மாநிலங்களில் , டாட் இளம் , தாஹிர் ஜாவெத் , மரியா கான்ட்வெல் , வேன் ஹோலன் , செய்தி மேசை , புனரமைப்பு வாய்ப்பு ஸோந்ஸ் , குடியரசு செனட்டர் டாட் , அமெரிக்கன் ஜனநாயகவாதி , ர சி து ,

Finance Ministry reduces 2021 economic growth forecast to 2.3%

Finance Ministry reduces 2021 economic growth forecast to 2.3%
Finance Ministry reduces 2021 economic growth forecast to 2.3%
BANGKOK: The Finance Ministry has reduced its 2021 economic growth forecast for a second time, now from 2.8% down to 2.3% growth, in light of the third wave of coronavirus infections in Thailand this month.
Photo: NNT
Fiscal Policy Office (FPO) Director-General Kulaya Tantitemit said the ministry slashed its forecast for the number of foreign tourists to only 2 million this year from 5mn it had predicted three months ago, reports state news agency NNT.
She said the expected fewer tourists will have quite an impact as that will cut tourism money to just over B100 billion from B260bn previously projected. ....

Kulaya Tantitemit , Fiscal Policy Office , Director General Kulaya Tantitemit , Finance Ministry , Phuket News , 2 3 , நிதி பாலிஸீ அலுவலகம் , நிதி அமைச்சகம் , ஃபூகெட் செய்தி ,

Thai March exports jump 15.8% y/y, current account deficit narrows; March factory output also up 4.12% y/y

BANGKOK, April 30 (Reuters): Thailand recorded a current account deficit of US$0.8 billion in March after a deficit of US$1.07 billion in the previous month, the central bank said on Friday.
Exports, a key driver of growth, rose 15.8% in March from a year earlier after February s 0.2% drop.
However, Thailand s finance ministry on Thursday reduced its 2021 economic growth forecast to 2.3% from the 2.8% growth it projected earlier, an official said, after a third wave of coronavirus infections struck.
The ministry raised its 2021 forecast for exports, however, a key growth driver, to an 11% rise from the 6.2% increase predicted in January, senior ministry official Kulaya Tantitemit told a briefing. ....

Krung Thep Mahanakhon , Kulaya Tantitemit , Thongchai Chawalitpichaet , Current Aaccount , Us 0 8 Billion , Growth Forecast , வளர்ச்சி முன்னறிவிப்பு ,

Construction on multimillion-dollar Ōpōtiki harbour infrastructure project starts

Construction on multimillion-dollar Ōpōtiki harbour infrastructure project starts
30 Apr, 2021 02:00 AM
3 minutes to read
Aerial veiw of Ōpōtiki Harbour. Photo / File
Rotorua Daily Post
A milestone for Bay of Plenty jobs, businesses and regional economic development is being marked as construction gets under way on the multimillion-dollar Ōpōtiki harbour infrastructure project.
Economic and Regional Development Minister Stuart Nash has joined Whakatōhea iwi, local councils and representatives of the aquaculture and marine industry at a ceremony with Prime Minister Jacinda Ardern to celebrate the beginning of the harbour construction.
We are today celebrating the growth of a community which is now able to move from strength to strength, Nash said. ....

Bay Of Plenty , New Zealand , Jacinda Ardern , Stuart Nash , District Council , Harbour Development , Bay Of Plenty Regional Council , Regional Development , Regional Development Minister Stuart Nash , Prime Minister Jacinda Ardern , Plenty Regional Council , Provincial Development Unit Managed , வளைகுடா ஆஃப் ப்லெஂடீ , புதியது ஜீலாந்து , ஸ்டூவர்ட் நஷ் , மாவட்டம் சபை , துறைமுகம் வளர்ச்சி , வளைகுடா ஆஃப் ப்லெஂடீ பிராந்திய சபை , பிராந்திய வளர்ச்சி , பிராந்திய வளர்ச்சி அமைச்சர் ஸ்டூவர்ட் நஷ் , ப்லெஂடீ பிராந்திய சபை ,

Stocks remain on ropes as economic uncertainty deepens

Stocks remain on ropes as economic uncertainty deepens
Business
April 30, 2021
Capital market rout prevailed amid volatile trade as investors continued to pull out, bracing for further tightening of economic activities owing to worsening virus situation, dealers said.
Pakistan Stock Exchangeâs (PSX) KSE-100 Shares Index shed 0.44 percent or 196.01 points to close at 44,863.11 points, while volumes shrank to 280.67 million shares from 305.7 million on Wednesday.
Brokerage Topline Securities in a note said after a slight positive opening the market traded sideways in thin volume, making an intraday low of 278 points.
Investors were concerned about rising Covid-19 cases and rise in smart lockdowns following a meeting of NCOC (National Command Operation Center), it added. ....

Muhammad Mubashir , Colgate Palmolive , Brokerage Arif Habib , Gatron Industries , Ahsan Mehanti At Arif Habib Corp , Asian Development , Pakistan Stock Exchange , Hascol Petroleum , National Command Operation Center , Stock Exchange , Topline Securities , Pearl Securities , Arif Habib Corp , Arif Habib Limited , Sapphire Textile , Ghani Global , Telecard Limited , முஹம்மது முபாஷிர் , கோல்கேட் பால்மொலிவே , தரகு ஆரிப் ஹபீப் , ஆசிய வளர்ச்சி , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , தேசிய கட்டளை செயல்பாடு மையம் , ஸ்டாக் பரிமாற்றம் , மேல் வரி பத்திரங்கள் , முத்து பத்திரங்கள் ,