Prime Minister Imran Khan stated that Pakistan will provide facilities and business opportunities to foreign investors. Presently the prime minister is in Dushanbe to attend a Shanghai Cooperation Organization summit. While addressing an event where businessmen from Pakistan and Tajikistan were in attending, the premier said he wanted to speak to a joint meeting of … Read more
Prime Minister Imran Khan has asked to find individuals consisting of a “good character” to be nominated as candidates for the local government elections in Punjab. In a meeting with the PTI Punjab’s political team in Lahore, the PM stated delivered the directive. During the meeting, the tests faced on the political and managerial fronts … Read more
The Oil and Gas Regulatory Authority (OGRA) has suggested an Rs1 per litre upsurge in the price of petrol. The authority accelerated a summary to the Petroleum Division in which it recommended increasing the price of petrol by Rs1 per litre from September 16. It also suggested an upsurge of Rs10.50 per litre in the … Read more
Prime Minister Imran Khan received a telephone call from Russian President Vladimir Putin. Prime Minister Imran Khan stressed that close direction and discussions between Pakistan and Russia on the developing situation in Afghanistan were of vital prominence. The two leaders relieved views on the latest progress of Afghanistan, bilateral cooperation, and association in the Shanghai … Read more
Prime Minister Imran Khan chaired the Apex Committee of the National Action Plan (NAP) in Islamabad today. It was decided in the meeting to take immediate steps to control violence and extremism within the state. https://twitter.com/PakPMO/status/1435989548304003073 According to the statement, the meeting studied the current state in Afghanistan and its possible consequences for the country. The … Read more
Prime Minister Imran Khan has shared three names, each, to fill the Election Commission of Pakistan’s (ECP) vacant seats for Punjab and Khyber-Pakhtunkhwa with Opposition Leader in National Assembly Shahbaz Sharif, confirmed Federal Information Minister Fawad Chaudhry on Friday. Federal Information Minister Fawad Chaudhry tweeted, along with an undated letter, that PM Imran Khan has … Read more
ISLAMABAD: All the key economic indicators have been performing well, affirming the success of the government in laying a foundation for robust growth, according to the “Three Years Performance Report” released on Thursday. According to the report, the government had prepared a comprehensive roadmap for stability, growth and productive employment. It said, the government had … Read more
Prime Minister Imran Khan to share the success of three years that will highlight the key accomplishments of his government. The report will mark a journey of steady economic policy and welfare developments. The prime minister will launch the ‘Three-year Performance Report’ that gives an understanding of the efforts made by each ministry and division … Read more
LAHORE: In his first comments on the heinous Minar-e-Pakistan incident, PM Imran Khan Wednesday said that he felt ashamed when he heard about what happened to the woman and was in pain to witness such “unpleasant incidents”. The PM said he was ashamed after he got to know about the huge crowd of around 300 … Read more
ISLAMABAD: President Dr Arif Alvi has said that Pakistan attaches utmost importance to its ties with Australia and wants to further strengthen bilateral cooperation in all areas of mutual interests. Talking to the outgoing spokesperson of the Ministry of Foreign Affairs and High Commissioner-designate of Pakistan to Australia Zahid Hafeez Chaudhri, who called on him … Read more
KARACHI: The overall Business Confidence Score (BCS) in Pakistan now stands at positive 9 per cent, a record improvement from the previous negative 50 per cent score in the Wave 19 Survey conducted in May 2020, a statement said on Monday. The Overseas Investors Chamber of Commerce and Industry (OICCI) conducted a comprehensive Business Confidence … Read more
BEIJING: Pakistan has a huge potential to enhance rice export to several countries, especially China and Pakistani rice export is likely to cross one million tonnes within two years with an increased demand from the Chinese market, a diplomat said. Commercial Counsellor of Pakistan Embassy in China Badar uz Zaman told APP: “Last year our … Read more
ISLAMABAD: The industries in Gujranwala could gain a prominent position in the export of engineering goods in the coming years through increasing the productive manufacturing, a senior government official said. During a meeting with Gujranwala Chamber of Commerce and Industry (GCCI) president Umar Ashraf Mughal and other senior business leaders, Adviser to the Prime Minister … Read more
ISLAMABAD: The Saarc Chamber of Commerce and Industry (Saarc CCI) has called upon the international community to support Afghanistan economically and to help rebuild one of the world’s poorest states. Talking to a delegation of senior lawyers led by Mian Jaffer Hussain, Saarc Chamber president Iftikhar Ali Malik said that it was equally essential for … Read more
LAHORE: Punjab Chief Minister Sardar Usman Buzdar has said that the provincial government would actively participate in the Dubai Expo and showcase its culture and trade. Chairing a meeting in his office, he said southern and central Punjab and Pothohar regions would also be given due representation in the Dubai Expo. The meeting also decided, … Read more
BEIJING: China is willing to share its experience and help integrate information technology and agriculture to bring about a green revolution in Pakistan. Facing the common challenge of climate change, pandemic, and population growth, a smarter agriculture is the way forward for many countries, including China. “The integration of information technology and agriculture will bring … Read more
BEIJING: Over the years, countries along the Belt and Road Initiative (BRI), including Pakistan have collaborated to explore the Digital Silk Road and reaped fruitful benefits, in this regard. This was stated by Li Yikai, deputy director of Centre for International Economic and Technological Cooperation, Ministry of Industry and Information Technology of China (MIIT), at … Read more
ISLAMABAD: Enterprises play a vital role in the economic development of every country and also serve as one of the major drivers of economic change, a senior government official said. Chairing a meeting on Small and Medium Enterprises Policy, Federal Minister for Industries and Production Khusro Bakhtyar said that the Small and Medium Enterprises (SME) … Read more
GUJRANWALA: The present government is taking effective and solid measures to promote regional trade, a senior government official said. Talking to the business community at the Gujranwala Chamber of Commerce and Industry (GCCI), Adviser to the Prime Minister on Commerce Abdul Razak Dawood said that an agreement has been signed with Uzbekistan, while another would … Read more
KARACHI: The current account deficit has been recorded at $773 million in July 2021. The State Bank of Pakistan (SBP) on Friday issued details of the balance of payments. According to the SBP, the current account posted a surplus of $583 million in the same month of the last year. The imbalance in the current … Read more
KARACHI: The newly-registered taxpayers are receiving computerised notices for the previous years, asking them to file their annual returns. A new taxpayer, who starts taxable earnings and registered for filing annual return of income, is receiving notices to file previous years’ returns. “The new taxpayers, who find themselves in Catch-22 situation, when multiple notices are … Read more
KARACHI: The State Bank of Pakistan (SBP) has granted clearance to the Askari Bank Limited to appoint Atif R Bokhari for a term of three years, a statement said on Friday. The board of directors of the bank in its meeting on July 28, 2021 appointed Atif R Bokhari as the new president and CEO … Read more
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a clarification on the messages circulating in emails and social media regarding access of the revenue board on banking transactions. The FBR has clarified that there is no linkage or access to banking transactions at any level with the banks or financial institutions. Similarly, there is … Read more
ISLAMABAD: Prime Minister Imran Khan will announce expansion of “Ehsaas Koi Bhooka Na Soye” initiative to three more cities, Multan, Gujranwala and Lahore, with an aim to eliminate hunger from the country. The initiative is about distributing cooked meals at designated delivery points to the people in need, especially labourers, daily wage earners, women and … Read more
QUETTA: Commercial traffic across Afghanistan’s border with Pakistan at the Spin Boldak/Chaman crossing picked up, traders said, as the shock of the Taliban’s lightning seizure of power began to ease and confidence returned, Reuters reported. Despite the Ashura holiday, truckloads of agricultural produce from Kandahar province were driven across the border, a sign that trade … Read more
RIYADH/MOSCOW: Saudi Arabia’s crude oil exports rose for the second consecutive month in June, their highest level since January 2021, as more countries worldwide showed improvement in the economic activities with vaccines roll out, Arab News reported. The crude exports went up 5.6 per cent from May to 5.965 million bpd, according to Saudi official data posted … Read more
VIENNA: The Organisation of the Petroleum Exporting Countries (Opec) and its allies, including Russia, believe oil markets do not need more oil than they plan to release in the coming months, despite US pressure to add supplies to check an oil price rise, four sources told Reuters. The price of international benchmark Brent crude has … Read more
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has urged the Zarai Tarraqiati Bank (ZTBL) to adopt prudent lending, stringent accounting controls, innovative banking solutions and austerity measures for a long-term turnaround, a statement issued by the Finance Ministry said. Talking to ZTBL president Shahbaz Jameel, who called on him, the minister said the … Read more
