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Business & Economics

Afghanistan, Iran trade $2.48b goods in 11 months

By
On
Mar 19, 2018 - 10:18
KABUL (Pajhwok): Afghanistan and Iran traded 5.32 million tonnes of non-oil commodities worth $2.48 billion in 11 months till Feb. 19, a news report said on Monday. In terms of tonnage and value, the commodity exchange growth of 18.64 percent and 8...
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Firewood, gas prices down in Kabul marts

By
On
Mar 17, 2018 - 03:41
KABUL (Pajhwok): The prices of firewood and liquefied gas went down this outgoing week in capital Kabul where other daily-use items’ rates stayed stable, market sources said on Saturday. Ahmadullah, a liquefied gas seller in Kolola Pushta...
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Nangarhar: A widow apiculturist employs 3 men

By
On
Mar 11, 2018 - 12:09
JALALABAD (Pajhwok): A widow apiculturist from eastern Nangarhar province, besides overcoming her economic woes, has offered employment opportunities for several men. Sherino -- hailing from the Sawakai district of neighbouring Kunar province --...
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Afghanistan gets presidency of ECO CCI

By
On
Mar 10, 2018 - 12:19
PESHAWAR (Pajhwok): Afghanistan has got presidency of the Economic Cooperation Organisation chamber of commerce and industry (ECO-CCI). The vice-presidential slot has been handed over to the Iran Chamber of Commerce and Industry. The secretariat of...
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Afghanistan, Switzerland sign bilateral development pact

By
On
Mar 06, 2018 - 18:50
KABUL (Pajhwok): Afghanistan and Switzerland on Tuesday signed a ‘bilateral development framework agreement on technical assistance, financial cooperation and humanitarian aid.’
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Govt’s revenue from gold sales up fourfold for 2017

By
On
Mar 06, 2018 - 18:01
KABUL (Pajhwok): The Ministry of Finance (MoF) on Tuesday announced collecting 65 million afghanis (around $1 million) in revenue from trade of gold weighing 1.7 tons in capital Kabul last year. Habibullah Amin Andar, MoF’s revenue director for the...
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4th Work and educational exhibition kicks off tomorrow

By
On
Mar 05, 2018 - 14:43
KABUL (Pajhwok): The fourth National Work and Education Exhibition -- a direct link creating an opportunity for direct communication between the human resource and prospective employers -- is set to begin tomorrow (Tuesday). Spogmai Sayam, an...
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Import of Iranian fruits hampers local fruit market

By
On
Mar 04, 2018 - 19:48
KABUL (Pajhwok): Some shopkeepers at the Fazel Baig Fruits Market complained against the low price of local fruits special apples and preference to apples imported from Iran. They said the lack of marketing for local fruits and preference of...
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Pakistan’s market share in Afghanistan shrinking

By
On
Mar 04, 2018 - 10:22
PESHAWAR (Pajhwok): Pakistan has lost more than 50 per cent of its market share in Kabul over the last two years when India expanded its foothold in Afghanistan, a business leader says. Pakistan-Afghanistan Joint Chamber of Commerce and Industry (...
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Gold, flour prices down in Kabul markets

By
On
Mar 03, 2018 - 17:32
KABUL (Pajhwok): The prices of gold and flour went down but of other daily-use item stayed stable during the outgoing week in capital Kabul, market sources said on Saturday. The price of one gram of Arabian gold fell from 2, 400 to 2, 350afs and of...
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Female carpet weavers in Kabul seek govt support

By
On
Feb 27, 2018 - 21:06
KABUL (Pajhwok): A number of women associated with carpet weaving in capital Kabul have complained against low wages and say if the government supported the carpet industry, their lives could improve. Nearly 80 women have been working in the textile...
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Gemstone illegally excavated from 370 Nuristan sites

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On
Feb 27, 2018 - 00:43
JALALABAD (Pajhwok): Illegal excavation of gemstones from nearly 400 mines has been underway in eastern Nuristan province, with half of the revenue going to militants, officials and public representatives say. Local officials acknowledge the illegal...
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Samangan denied 5pc coalmine revenue share: Residents

By
On
Feb 26, 2018 - 11:32
AIBAK (Pajhwok): Under the Afghanistan laws, a five percent of the revenue from mineral extraction should go to the relevant province, but residents of northern Samangan province say they are denied this royalty benefit. Coalmines in Dara-i-Suf Bala...
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Gulbahar textile mill's land grabbed, machines sold

By
On
Feb 25, 2018 - 22:29
MAHMOOD RAQI (Pajhwok): The machinery of Gulbahar Textile Plant in central Kapisa province has been sold, its land partially grabbed and the building is ruined.
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Illegal stalls operate on Kabul bus stops’ property

By
On
Feb 25, 2018 - 15:35
KABUL (Pajhwok): Many areas specified for bus stops in capital Kabul have been usurped and roadsides stalls built on them by some individuals, Pajhwok Afghan News has observed. A Pajhwok team visited eight bus stands falling in the limits of 7th,...
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Decouple trade from politics, Kabul & Islamabad urged

By
On
Feb 25, 2018 - 11:53
PESHAWAR (Pajhwok): Pakistan-Afghanistan trade has decreased from 2.7 billion dollars to 1.2 billion dollars in less than two years, sparking concerns among businessmen from the two countries. Pakistani and Afghan traders voiced concerns at the...
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Diesel, gas, gold prices down in Kabul

By
On
Feb 24, 2018 - 18:38
KABUL (Pajhwok): The prices of diesel, liquefied gas and gold have dipped while other items’ rates remain steady during the outgoing week in the capital Kabul, market sources said Saturday. Abdul Hadi, a worker at Wazir Abad Fuel Station in Kabul,...
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$9m contracts for fruit, saffron inked at Dubai exhibition

By
On
Feb 24, 2018 - 15:42
KABUL (Pajhwok): The Dubai exhibition proved significant for Afghanistan as contract for over nine million dollars were signed with foreign clients, the Ministry of Agriculture and Livestock said on Saturday. Afghanistan performed extra-ordinarily...
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Taliban promise stout support for gas pipeline project

By
On
Feb 23, 2018 - 12:14
KABUL (Pajhwok): The Taliban on Friday announced stout support for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project, hailing it as a landmark scheme for the country’s economic prosperity.
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Work on Afghan section of TAPI project finally begins

By
On
Feb 23, 2018 - 11:48
HERAT CITY (Pajhwok): Construction work on the Afghan section of a multibillion dollars natural gas pipeline -- linking energy-rich Turkmenistan to Pakistan and India -- got under way on Friday. "Galkynysh, the world´s second largest gas-field, will...
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