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Business & Economics

Private sector to invest $900m in energy sector

By
On
Nov 20, 2017 - 18:39
KABUL (Pajhwok): Deputy finance minister Khalid Painda on Monday said the private sector would invest $900 million in the energy sector alone through public-private partnership.
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Major Af-Pak trade route may be reopened next month

By
On
Nov 20, 2017 - 08:42
PESHAWAR (Pajhwok): Closed three years ago, a major Pakistan-Afghanistan trade route will be reopened next month, says a senior military commander. The Ghulam Khan trade route in North Waziristan Agency was shut in 2014 when a major military...
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Govt offices, people owe 560m afs to DABS

By
On
Nov 19, 2017 - 20:04
KANDAHAR CITY (Pajhwok): Government departments and residents owe about 560 million afghanis to Da Afghanistan Breshna Shirkat (DABS) in unpaid power bills in southern Kandahar province, an official said Sunday. DABS chief for Kandahar, Amanullah...
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Unlicensed companies importing 87pc of fuel: ANSA

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On
Nov 19, 2017 - 00:03
KABUL (Pajhwok): The Afghanistan National Standards Authority (ANSA) cancelled licenses of 58 companies over importing low quality petroleum during the past two years and another 15 companies faced the same charges, an official said on Saturday...
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Diesel, sugar prices up, gas, petrol stable in Kabul

By
On
Nov 18, 2017 - 15:59
KABUL (Pajhwok): The prices of diesel and sugar increased but that other items remained unchanged during the outgoing week in Kabul, market sources said on Saturday. Abdul Hadi, a worker at Wazirabad filling station, told Pajhwok Afghan News the...
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Af-Pak annual trade volume falls to $700m

By
On
Nov 16, 2017 - 08:14
PESHAWAR (Pajhwok): Tariff and non-tariff barriers have led to a free fall in trade between Afghanistan and Pakistan, say business community leaders. The annual bilateral trade volume had dropped from $2.5 billion to $700 million, Sarhad Chamber of...
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RECCA-VII reiterates prosperous Afghan economy

By
On
Nov 15, 2017 - 19:23
ASHGABAT (Pajhwok): Second vice president Sarwar Danish on Wednesday said Afghanistan could overcome its challenges with cooperation of regional countries.
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9 militants killed in Helmand, Kapisa violence

By
On
Nov 15, 2017 - 14:54
LASHKARGAH/MAHMOOD RAQI (Pajhwok): Nine Taliban insurgents have been killed, including a notorious commander, in central Kapisa and southern Helmand provinces, officials said on Wednesday. In Helmand, police spokesman Abdul Salam Afghan told Pajhwok...
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Ashgabat hopes bilateral trade with Kabul to reach $1b

By
On
Nov 14, 2017 - 21:07
KABUL (Pajhwok): Participants of the 7th Regional Economic Cooperation Conference (RECCA-VII) who gathered in the Turkmen capital, Ashgabat, on Tuesday stressed empowering Afghan businesswomen and increasing the bilateral annual trade volume between Afghanistan and Turkmenistan to $1billion.
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Nangarhar olive factory resumes work after 3 years of halt

By
On
Nov 11, 2017 - 19:38
JALALABAD (Pajhwok): After suspending operations three years ago, the Nangarhar Olive Processing Factory on Saturday resumed work, officials said, hoping the plant would produce olive oil and pickle from 1,200 tons of olive collected this year. The...
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2 tonnes of pomegranate delivered to UAE by air

By
On
Nov 09, 2017 - 18:57
KABUL (Pajhwok): The export of Afghan fruits by air has launched with two tonnes of pomegranates delivered to the United Arab Emirates (UAE) from Kandahar City, a statement from the Presidential Economic Advisory Office said on Thursday. “The Afghan...
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Kandahar exports dry, fresh fruits worth $51m

By
On
Nov 09, 2017 - 18:24
KANDAHAR CITY (Pajhwok): Dray and fresh fruits worth $51 million has been exported from southern Kandahar province so far this year, an official said on Thursday. Abdul Baqi Bena, head of the Afghanistan Chambar of Commerce and Industries (ACCI) for...
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Focus on Afghanistan’s economic development, US told

By
On
Nov 09, 2017 - 08:45
KABUL (Pajhwok): The Trump administration should enhance its focus on the economic development of conflict-devastated Afghanistan, believes a top scholar.
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Frequent power cable cuts inflict huge losses on govt

By
On
Nov 07, 2017 - 11:06
JALALABAD/MEHTARLAM (Pajhwok): Power cables from Naghlu dam to eastern Nangarhar and Laghman provinces have been cut 57 times in the past two years, causing a huge loss, officials say. The transmission lines were not repaired within six hours or...
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33rd flight departs via Afghan-India air corridor

By
On
Nov 06, 2017 - 18:56
KABUL (Pajhwok): Thirty-three flights, carrying 20 metric tons of goods, from Afghanistan to India have taken place since the launch of the Afghanistan-India air corridor in June until November 5, the Presidential Palace said on Monday.
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Rice exports to Afghanistan: Tax waiver demanded

By
On
Nov 06, 2017 - 08:43
PESHAWAR (Pajhwok): Exporters have demanded the withdrawal of a 1.5 per cent withholding tax (WHT) on purchasing profit margin to promote rice exports to Afghanistan. Imposition of the tax had caused a fall in rice exports worth $1 billion, the All...
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Diesel, sugar prices up, ghee down in Kabul

By
On
Nov 04, 2017 - 15:10
KABUL (Pajhwok): Prices of diesel and sugar have increased, but the rate of ghee dipped during the outgoing week in Kabul, market sources said on Saturday. Abdul Hadi, a worker at the Wazirabad Filling Station, told Pajhwok Afghan News the price of...
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Aryana Airlines accused of not paying amount for the aircraft it leased

By
On
Nov 02, 2017 - 14:39
KABUL (Pajhwok): Financial depute has surfaced between The UBC Investments and AAA after the foreign company accused the national carried not responding to them for discussion on related issue of the contract inked between the two sides last month.
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3-day ‘Rural Bazaar’ exhibition ends in Bamyan

By
On
Nov 01, 2017 - 17:35
BAMYAN CITY (Pajhwok): A three-day exhibition aimed at encouraging small investors in central Bamyan province was wrapped up on Wednesday. The exhibition named “Rural Bazaar” featured 40 production groups and 20 small business groups, all run by...
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Trust deficit hurting Afghan transit trade: PAJCCI chief

By
On
Nov 01, 2017 - 10:23
PESHAWAR (Pajhwok): Reservations of businessmen about the new Afghan Transit Trade Agreement (ATTA) need to be addressed on priority, says the Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) chief. The lack of interest on the part of...
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