Surge in ocean carrier’s charges pose threat to exports: NKATI

KARACHI: North Karachi Association of Trade and Industry (NKATI) president Faisal Moiz Khan dubbed the four-time surge in tariffs by international shipping companies as a threat to the country’s exports, while urging the government to play a role like the US Federal Maritime Commission (US-FMC), according to a press statement. He also sought a clarification … Read more

Provinces urged to play greater role in making census more credible

Census-2017 Report

ISLAMABAD: Planning secretary Hamid Yaqoob chaired a progress review meeting on bringing transparency, credibility, and ownership in the entire census process and the sensitivity of the issue and its long-term effects on Friday. The Council of Common Interests (CCI) in its 45th meeting held on April 12, 2021, decided to approve the final results of … Read more

Vivo: Chinese smartphone company sets up production unit in Pakistan

Vivo: Chinese smartphone company sets up production unit in Pakistan

Vivo, a Chinese mobile manufacturing company, has set up a production plant in Pakistan. Abdul Razaq Dawood, in a series of tweets, congratulated Vivo, mentioning that this development will not only create job opportunities but also make smartphones more accessible to people across the country at lower costs. “I congratulate Vivo Pakistan Mobile on setting … Read more

What is the future of Afghanistan after the resurgence of the Taliban?

What is the future of Afghanistan after resurgence of the Taliban?

Afghanistan is in dire straits at the moment and its security forces have been weakened after the state failed to stop the Taliban’s attacks. Adding to Afghanistan’s woes, Washington has announced plans to evacuate its citizens from Kabul, a symbol of the US presence after nearly two decades of conflict. Following the Taliban’s takeover of … Read more

SECP digitalises filing of biannual returns of employees’ contributory funds

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has deployed an online reporting system for filing biannual returns under the Employees’ Contributory Funds (Investment in Listed Securities) Regulations, 2018, a statement said on Friday. The development of this reporting system is part of the commission’s efforts for promoting digitalisation, ease of doing business and … Read more

Pakistan Mango Festival held to explore new markets in China

GUANGZHOU: The Trade and Investment Section of the Consulate General of Pakistan in Guangzhou organised a “Pakistan Mango Festival” for the second consecutive year to introduce Pakistani mangoes and explore markets in Guangzhou, China. A large number of guests, including Chinese dignitaries, government functionaries, and diplomats from the Consulate General of Malaysia, Belgium and Turkey … Read more

Amreli Steels earns profit of Rs1.36 billion

KARACHI: Amreli Steels Limited has announced a net profit of Rs1.36 billion, translating into the earnings per share (EPS) of Rs4.61 for the year ended June 30, 2021, compared with the net loss of Rs1.24 billion and the loss per share (LPS) of Rs4.18 in the previous year, a bourse filing said on Friday. The … Read more

Pakistan offers huge opportunities for investment in tourism

tourism

ISLAMABAD: Pakistan has a huge potential for investment in the tourism sector, while the government is making all-out efforts to offer huge opportunities in the sector, an official said. During a meeting with Ambassador of Portugal to Pakistan Paulo Neves Pocinho held at the BoI office, Board of Investment (BoI) secretary Fareena Mazhar said that … Read more

UKPBC playing key role in attracting foreign investment

ISLAMABAD: The UK-Pakistan Business Council (UKPBC) is playing an effective role in attracting foreign investment to Pakistan and establishing collaboration between the investors for setting up joint ventures in various sectors of the economy. UK-Pakistan Business Council Pakistan Chapter chairman Mian Kashif Ashfaq, while talking to a delegation of importers and exporters led by Rehmat … Read more

Asad Khohkar given portfolio of housing, urban development

LAHORE: Pakistan Tehreek-e-Insaf (PTI) legislator Asad Ali Khohkar, who was notified on Tuesday as the provincial minister, has been given the portfolio of Housing, Urban Development and Public Health Engineering on Friday. Khohkar whose oath-taking ceremony was previously delayed because of the murder of his brother Mubashar Khohkar last week was confirmed on Tuesday as … Read more

Press Gallery: Ruckus in PA over non-parliamentary remarks about PM

LAHORE: The Punjab Assembly session was again marred by ruckus after a query regarding the Department of Excise and Narcotics Control was taken up in the question-hour session. The PML-N’s lawmaker, during the session, remarked that Buzdar-led PTI government in the province has failed to take effective measures for narcotics control, as their leader Prime … Read more

Pakistan and Kazakhstan discuss bilateral relations

Pakistan

Pakistan and Kazakhstan’s defense officials met on Thursday to discuss bilateral relations and military cooperation between the two nations, according to Kazakhstan’s Defense Ministry. According to a statement by the Defense Ministry of Kazakhstan, following a ceremony in the capital Nur Sultan, Kazakhstan’s Defense Minister Nurlan Yermekbayev and Pakistan’s Chairman Joint Chiefs of Staff Committee … Read more

National workshop on irrigation water management organised

ISLAMABAD: A national workshop on “Irrigation Water Management” was organised by the Ministry of Planning, Development and Special Initiatives with the support of the Climate Adaptation and Resilience for South Asia (CARE) project, which is funded by the World Bank and is being implemented by the Asian Disaster Preparedness Center (ADPC). Syed Fakhar Imam, Federal … Read more

We want broad-based relations with US for shared objective of regional peace: FO

Zahid Hafeez

Pakistan has said that it considers the United States a friend and wants broad-based relations with it to achieve the shared objective of peace and prosperity in the region and beyond. At his weekly news briefing in Islamabad on Friday, Foreign Office Spokesperson Zahid Hafeez Chaudhri said Pakistan and the United States have a history … Read more

Technological advancements vital for agriculture growth: minister

ISLAMABAD: Science and technology was the key to upgrading agriculture and transforming it from low value crops to high value crops, resulting in boosting the economy, a senior government official said. Addressing the national workshop on “Irrigation Water Management”, organised by the Asian Disaster Preparedness Centre (ADPC), Federal Minister for National Food Security and Research … Read more

USF awards Rs555 million contract to Telenor for mobile broadband services

ISLAMABAD: The Universal Service Fund (USF) has awarded a contract worth approximately Rs555 million to Telenor for providing high-speed mobile broadband services in Nowshera, Mardan, Swabi and Charsadda districts of Khyber-Pakhtunkhwa. Federal Minister for Information Technology and Telecommunication Syed Amin Ul Haque and Federal Minister for Defence Pervez Khattak witnessed the contract signing ceremony held … Read more

SECP introduces WhatsApp support service

secp

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), to promptly respond to the public queries regarding incorporation of companies, has introduced its WhatsApp channel for business care, a statement said. The WhatsApp helpline number is a first-of-its-kind service in Pakistan’s public sector, it added. The WhatsApp service can be accessed by saving the helpline … Read more

PIA successfully completes Safety Validation and Airworthiness Audit

Pakistan China Sinopharm vaccine

KARACHI: Canadian Agency, Transport Canada has issued a letter to the Pakistan International Airlines (PIA) on successfully completing the Safety Validation and Airworthiness Audit conducted by them on the International Civil Aviation Organization (ICAO) Airworthiness Elements, a statement said. The letter, issued on August 11, 2021, declares PIA operations meeting the international standards and closes … Read more