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Business & Economics

Gold price up, sugar down in Kabul

By
On
Sep 23, 2017 - 18:29
KABUL (Pajhwok): The prices of gold and fuel have increased while that of sugar dipped during the outgoing week in the capital Kabul, market sources said Saturday. Abdul Hadi, a worker at the Wazirabad Fuel Station, told Pajhwok Afghan News that the...
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Australian investors keen on developing Afghan minerals

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On
Sep 21, 2017 - 17:06
KABUL (Pajhwok): Australian businessmen have shown their interest to invest in Afghanistan’s untapped natural resources, a statement from the Presidential Palace said on Thursday. The Australian businessmen met Afghan President Ashraf Ghani in New...
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Test power supply to Ghazni from Kabul launched

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On
Sep 20, 2017 - 21:19
GHAZNI CITY (Pajhwok): After extension of power pylons from Kabul, southern Ghazni province was connected to imported electricity for the first time on temporary trial basis, an official said Wednesday. Governor’s spokesman, Mohammad Arif Noori,...
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Iran lures Afghan traders into investing in Chabahar port

By
On
Sep 19, 2017 - 16:37
KANDAHAR CITY (Pajhwok): Iranian officials have said Afghan traders can get a 25 percent discount on investment at Chabahar port besides availing land and other facilities. Afghan traders could export their fruits to other countries from the seaport...
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First-ever solar-wind power plant goes functional in Herat

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On
Sep 17, 2017 - 20:36
HERAT CITY (Pajhwok): The first-ever solar and wind power plant with the capacity of generating two megawatts of electricity was put into service at the industrial park in western Herat province on Sunday. Water and Energy Minster Ali Ahmad Osmani,...
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Torkham scanner remains faulty after months

By
On
Sep 17, 2017 - 19:51
JALALABAD (Pajhwok): The scanner machine at the Torkham border customs department in eastern Nangarhar province has been out-of-order for the past several months. The machine is used to detect explosives and drugs. People’s representatives said they...
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IDB provides $74 million for KRR construction

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On
Sep 16, 2017 - 18:34
KABUL (Pajhwok): Finance Minister Eklil Hakimi and Vice President of Islamic Development Bank (IDB) Sayed Aqa on Saturday signed a soft loan agreement for construction of Kabul City Ring Road (KRR) and its other related infrastructures, according to...
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Kabul residents complain high liquefied gas price

By
On
Sep 16, 2017 - 14:40
KABUL (Pajhwok): Surge in the price of liquefied gas irked some residents of the capital Kabul while the rates of fuel and gold dipped during the outgoing week, market sources said Saturday. The price of liquefied gas differs in different parts of...
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Afghanistan-India Air corridor flights resume after month delay

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On
Sep 16, 2017 - 14:22
KANDAHAR (Pajhwok): Cargo flights carrying fruits from southern Kandahar province to India started again after a months-long delay, officials said Saturday. After the opening of Afghanistan-India air corridor, it was the second cargo flight from...
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CEO links economic uplift to agriculture

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On
Sep 14, 2017 - 18:07
KABUL (Pajhwok): Chief Executive Officer (CEO) Abdullah Abdullah on Thursday said the country’s economic development was linked to agriculture, asking entrepreneurs to invest in the sector for being significant. Abdullah told a gathering here that...
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Nangarhar traders boycott customs clearance

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On
Sep 13, 2017 - 23:24
JALALABAD (Pajhwok): Traders in eastern Nangarhar province have boycotted customs clearance of their goods to record their protest against increasing incidents of armed robberies.
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Afghan traders charged heavy taxes at Indian airport: ACCI

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On
Sep 12, 2017 - 20:02
KANDAHAR CITY (Pajhwok): The Afghanistan Chamber of Commerce and Industries (ACCI) deputy head on Tuesday said Afghan traders exporting fruits to India were charged heavy taxes at Indian airports. Khan Jan Alokozai told Pajhwok Afghan News in an...
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Economic development only option for regional stability: China

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On
Sep 12, 2017 - 14:26
SHANGHAI/CHINA: China has shown interest to work for the economic rehabilitation of Shanghai Organization Cooperation members states, an idea embodied in the of Silk Road revival. SCO has 12 member which are China, Russia, Kazakhstan, Kirghizstan,...
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Increasing jobless youth raises concerns in Kunduz

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On
Sep 08, 2017 - 16:05
KUNDUZ (Pajhwok): The number of jobless youth has increased in northern Kunduz province, raising concerns about their joining of militant outfits. A civil society activist, Mohammad Qasim, on Friday told Pajhwok Afghan News the government had so far...
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Port enterprise officials accused of seeking bribes

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On
Sep 06, 2017 - 18:17
KUNDUZ CITY (Pajhwok): A number of traders in northeastern Kunduz province have accused Sher Khan Port enterprise officials of extortion, asking the government to curb the illegal practice. The traders warned many companies would stop functioning in...
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Samangan farmers happy as pistachio yield, price jump

By
On
Sep 06, 2017 - 17:49
AIBAK (Pajhwok): Pistachio yield increased by 10 percent and its price by 33 percent in northern Samangan this year, an official said on Wednesday. Humayon Habibi, provincial agriculture and livestock director, told Pajhwok Afghan News farmers...
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Herat’s Zandajan now a major silk farming centre

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On
Sep 06, 2017 - 16:49
HERAT CITY (Pajhwok): The Zandajan district in western Herat province has become a major centre for cultivating silkworms, thanks to the abundance of mulberry bushes, according to residents. The residents said the silkworm industry, a 2000 years old...
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Nangarhar slate stone processing firms face uncertain fate

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On
Sep 05, 2017 - 18:09
JALALABAD (Pajhwok): Officials at slate stone processing factories in eastern Nangarhar province say thousands of people would become jobless if the Ministry of Mines and Petroleum (MoMP) did not renew their contracts. They say the companies would...
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‘Afghanistan willing to launch trade via air-corridor with Sri Lanka’

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On
Sep 05, 2017 - 10:20
KABUL (Pajhwok): Afghanistan has been looking to establish trade via air-corridor with Sri Lanka in the future, a media report said on Wednesday. MunirGhiasy, Afghanistan’s Charge d’Affaires in Colombo, the capital of Sri Lanka, expressed the view...
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Kandahar municipality expects 800m afs in revenue this year

By
On
Sep 02, 2017 - 15:45
KANDAHAR (Pajhwok): The mayor of southern Kandahar province says the municipality’s revenue is expected to reach 800 million afghanis until the end of the year.
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