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    Business & Economics

    Business & Economics

    ACCI warns nationwide protests against octroi

    KABUL (PAN): The Afghanistan Chamber of Commerce and Industries (ACCI) chief on Sunday warned the trader body would resort to countrywide protests until a municipal tax charged at the entry points to cities, including Kabul, is abolished.



    Business & Economics

    New water supply system in Balkh City

    MAZAR-I-SHARIF (PAN): Construction of a new water supply system has begun in the ancient Balkh City, a large urban site west of Mazar-i-Sharif, the capital of northern Balkh province, the German Federal Ministry for Economic Cooperation and Development (BMZ) said on Thursday.



    Business & Economics

    ADB grants $200m for power projects

    KABUL (PAN): The Asian Development Bank (ADB) on Wednesday agreed to give the Afghan government a $200 million grant to finance power transmission and distribution grid development projects.



    Business & Economics

    Only bid for Kabul Bank rejected

     KABUL (PAN): The Ministry of Finance (MoF), rejecting the only bid offered by a local consortium to buy the New Kabul Bank, said on Wednesday it would submit new recommendations to the president next week.



    Business & Economics

    Delhi pledges 1,000 buses in aid to Kabul

    KABUL (PAN): India has pledged donating 1,000 buses to Afghanistan to help the war-devastated country improve its public transport system, the deputy transport and civil aviation minister said.



    Business & Economics

    MoF hails verdict as an achievement

    KABUL (PAN) The Ministry of Finance (MoF) on Wednesday welcomed the Special Tribunal’s verdict in the Kabul Bank fraud case, saying it represented a major achievement of Afghan law-enforcement authorities and the judiciary.  



    Business & Economics

    72 tonnes of substandard Iranian flour destroyed

     HERAT CITY (PAN): Over 72 tonnes of substandard flour imported from Iran was recovered and buried in western Heart province on Tuesday, an official said.



    Business & Economics

    Turkey urged to invest in oil, gas exploration

    KABUL (PAN) President Hamid Karzai on Saturday urged Turkey for greater investment in exploring fuel and gas resources in Afghanistan and expanded economic cooperation.



    Business & Economics

    Accession to WTO possible this year: Ahady

    WASHINGTON (PAN): Expressing his satisfaction with the progress made toward Afghanistan’s accession to the World Trade Organization (WTO), Commerce Minister Dr. Anwarul Haq Ahady on Thursday his country could be integrated with the global economy this year.