LONDON: A group of airlines accused the UK government on Monday of a “haphazard and disproportionate approach” to travel restrictions in the wake of the Omicron variant and demanded further state help to prevent a “permanent scarring” of the industry. “Whilst we fully recognise the need to take steps to contain the initial impact of … Read more
KARACHI: The government is striving hard to enhance exports of highest quality products, a senior official said. Inaugurating the Pakistan Virtual Export Gallery at the Trade Development Authority of Pakistan (TDAP), Advisor to Prime Minister for Commerce and Investment Abdul Razak Dawood expressed satisfaction over the performance of the TDAP officers, adding that the TDAP … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has welcomed the Punjab government’s decision to withdraw an increase in the property tax, a statement said. The Excise, Taxation and Narcotics Control Department has issued a notification, in this regard. LCCI president Mian Nauman Kabir, senior vice president Mian Rehman Aziz Chan and vice president … Read more
ISLAMABAD: The Board of Investment organised an online Investment Promotion seminar to apprise the potential foreign investors on investment policies and potential in Pakistan, a statement said. The theme of the seminar was “Investment opportunities in education and innovation in technologies”. Board of Investment (BoI) secretary Fareena Mazhar said that the government is committed to … Read more
ISLAMABAD: A meeting with Prime Minister Imran Khan in the chair in Islamabad has decided to implement a comprehensive strategy to curb Sialkot-like incidents and ensure strict punishments to all the perpetrators. The prime minister chaired the meeting to review the overall security situation in the country wherein the participants said that individuals and mobs … Read more
WASHINGTON: The threat of a US federal government shutdown loomed larger on Wednesday as the lawmakers failed to reach a budget agreement with just two days to go before the funding runs out. Congress has until Friday night to come up with a new budget to avoid a sudden stoppage of most so-called non-essential federal government … Read more
KARACHI: United States Agency for International Development (USAID) director for the Office of Sindh and Balochistan Andrew Rebold and Sindh Secretary for Agriculture Parvez Ahmed Seehar participated in a closing ceremony of the US government-funded Pakistan Agricultural Technology Transfer Activity (PATTA), a statement said. The four-year programme increased agricultural yield through modern technologies designed to … Read more
ISLAMABAD: The government plans to increase e-commerce trade volume up to $9 billion in the next two years by June 2023, an official said. There are already conflicting figures in Pakistan’s e-commerce trade; however, with the current trade of $4.5 billion, “we can take it up to $9 billion,” Special Assistant to the Prime Minister … Read more
KARACHI: The Union of Small and Medium Enterprises (Unisame) has urged the government to control inflation by keeping a check on profiteering and hoarding by the big investors, a statement said on Tuesday. Unisame president Zufikar Thaver said that the Unisame is badly affected by the snowball effect of inflation and invited the attention of … Read more
ISLAMABAD: The government is focusing on the completion of the privatisation programme in the stipulated time, an official said. Chairing a meeting of the Privatisation Board, Federal Minister for Privatisation Muhamamdmian Soomro said that the issues regarding the privatisation of the state-owned entities were being jointly resolved by various departments and divisions. The board recommended … Read more
LAHORE: Pakistan Muslim League-N (PML-N) supremo Nawaz Sharif on Sunday rebuked his younger brother and PML-N President Shehbaz Sharif for adopting weak strategy against the government. The differences between Nawaz Sharif and the leader of the opposition in National Assembly are not hidden from anyone but now these differences are emerging in the party meeting … Read more
ISLAMABAD: Minister for Energy Hammad Azhar on Sunday said the government was going to introduce virtual gas pipeline system of Liquefied Natural Gas to overcome energy shortage in the country. “The provision of gas to domestic consumers during the winter season is the first priority of the government,” he said talking to a private news … Read more
ISLAMABAD: Prime Minister Imran Khan on Friday said the government was providing subsidy and incentivising construction industry to help low income people to have their own houses. “Rs35 billion have been allocated for subsidy on construction of houses by the low income people,” said the prime minister while speaking at a ceremony during his visit … Read more
KARACHI: The Union of Small and Medium Enterprises (Unisame) has urged Prime Minister Imran Khan to appoint a chairman of the Intellectual Property Organisation (IPO) Pakistan, a statement said on Tuesday. The seat of the IPO chairman remains vacant since the retirement of Mujeeb Ahmed Khan in June 2021. Unisame president Zulfikar Thaver said that … Read more
ISLAMABAD: Pakistan Democratic Movement (PDM) head and Jamiat Ulema e Islam-F (JUI-F) chief Maulana Fazl ur Rehman on Friday said the government which had itself come through rigging had no right to make reformations. Addressing media in Islamabad after a meeting with Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari, Maulana Fazl ur Rehman said … Read more
FAISALABAD: Despite financial crunch, the government is undertaking a massive development programme to make Pakistan self-reliant, particularly in the agriculture sector, an official said. Addressing a function after laying the foundation stone of a civil dispensary and water filtration plant in Nasir Town, State Minister for Information and Broadcasting Farrukh Habib quoted the global inflation … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to take measures for uninterrupted gas supply to industries during the winter season, a statement said. LCCI president Mian Nauman Kabir, senior vice president Mian Rehman Aziz Chan and vice president Haris Ateeq said that the unavailability or low gas pressure during … Read more
ISLAMABAD: A day after Prime Minister Imran Khan had warned that prices of petroleum products would go up, the government on Thursday night increased petrol price by Rs8.03 to Rs145.82 per litre, an all-time high, with immediate effect. The ministry of finance made the announcement late last night through a notification, according to which the … Read more
LAHORE: Pakistan Muslim League-N (PML-N) on Thursday rejected Prime Minister Imran Khan’s ‘biggest relief package’, terming it a ‘bundle of lies.’ The premier announced the country’s biggest-ever subsidy package worth Rs120 billion on Wednesday, providing a 30 per cent discount on ghee, flour and pulses to support 130 million people. The beneficiaries of the package … Read more
ISLAMABAD: The government and the outlawed Tehreek e Labbaik Pakistan (TLP) reached an agreement on Sunday, averting the possible bloodshed in the country. Addressing a press conference in Islamabad, senior scholar of Ahle Sunnat Wal Jamaat and former chairman of Ruet e Hilal Committee Mufti Muneeb ur Rehman announced that both the parties had reached … Read more
ISLAMABAD: Minister for Planning and Development Asad Umar on Monday said that the government had decided in principle to reduce the edible oil price by Rs45 to 50 per litre. “This will be achieved by reducing taxes on the edible oil. Sales tax on edible oil will be cut from 17 per cent to 8.50 … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to take immediate measures for saving the hospitality industry, a statement said. Talking to the delegation of the Lahore Hotels and Tourism Association, LCCI president Mian Nauman Kabir said that the pandemic has caused a serious blow to the hospitality industry. Asif … Read more
ISLAMABAD: Prime Minister Imran Khan on Friday said the government would provide training of international standard to the staff of panahgahs — the government run shelter homes. PM Imran Khan said this while talking to Special Assistant on Poverty Alleviation Dr Sania Nishtar in Islamabad. He directed the concerned authorities to provide all the necessary … Read more
KARACHI: Despite several measures, the government firmly believes that much is required to be done to ensure sustainability and resilience of the SME sector, considering its valuable contribution in the economic development and its potential to take the economy towards an inclusive and sustainable growth, a government official said on Friday. Addressing a webinar on … Read more
KARACHI: The government has proposed to make brand name mandatory for the supply of goods to ensure the goods are manufactured by a registered company, sources in the Federal Board of Revenue (FBR) said on Wednesday. Officials at the Large Taxpayers Office (LTO), Karachi said an amendment has been made in the Sales Tax Act, … Read more
The prices of petroleum products have been increased. The sources of the ministry of finance said that the prices of petroleum products have been increased on the occasion of Eid-ul-Adha. [embedpost id=”50366″ slug=”govt-decides-to-change-prices-of-petroleum-products-every-15-days”] According to the details, high speed diesel price has been increased by of Rs 5 per liter. The price of Kerosene has … Read more
Shops and shopping malls have been allowed to open in Balochistan till 10 pm. According to details, the Balochistan government has allowed shopping malls, markets and shops to be opened from 9 am to 10 pm, for which a notification has also been issued. [embedpost id=”50366″ slug=”coronavirus-cases-in-pakistan-surge-to-259998″] A notification issued by the Balochistan government said … Read more
A delegation of Federation of Pakistan Chambers of Commerce and Industry, in the lead of its regional chairman Dr. Mohammad Arshad held a meeting with Punjab governor Ch Sarwar here at Punjab Governor’s House to apprise him about the issues of the business community. Besides the regional chairman, the delegation was included FPCCI vice president … Read more
