Tue, 21-Oct-2025

Govt to give amnesty for setting up new industrial units

industrial units

KARACHI: The government is providing an amnesty, to be announced through a presidential order, for setting up industrial units, sources in the Federal Board of Revenue (FBR) told BOL News. In his address to the nation on February 28, 2022, Prime Minister Imran Khan announced a big relief package of reducing prices of petroleum products … Read more

Rebooting industrialisation : Corruption rampant in industrial estates

Mian Aslam Iqbal

LAHORE: Industrial estates or the Special Economic Zones are facing several problems, which is hampering industrial growth in the biggest federating unit of the country. Though developed and new estates have different issues, still there are a number of common problems that are disturbing the existing industries and new investors. Entrepreneurs running factories in developed … Read more

Timely completion of uplift work ordered

economic

LAHORE: Punjab Minister for Industries and Commerce Mian Aslam Iqbal has directed timely completion of development work in special economic zones, a statement said. Chairing a meeting on Thursday, he said, the target of 100 per cent colonisation of industrial estates would be achieved at all costs. Iqbal said that every plot in the industrial … Read more

Pakistan to learn from China on industrialisation: Senate chairman

Pakistan

ISLAMABAD: Pakistan’s Senate chairman Sadiq Sanjrani has said that his country has a lot to learn from Chinese expertise to promote industrialisation for economic development. Sanjrani made the remarks at the launching ceremony of the “All-Pakistan Chinese Enterprises’ Association Sustainable Development Report 2021.” He said that China has not only emerged as an economic power … Read more

Industrialisation, exports keys to progress, prosperity: PM Imran

ISLAMABAD: Prime Minister Imran Khan on Monday said that industrialisation and increasing of exports were keys to a country’s progress and prosperity. “Selling vegetables will not enhance the national wealth. Wealth creation of a country is impossible without industrial development while exports increase supplement such efforts,” the prime minister said while addressing a launching ceremony … Read more

World’s largest computer chip enters Mideast to push AI adoption further

computer chip

DUBAI: It seems only fitting that the world’s biggest computer chip, developed by US-based Cerebras, be deployed in the Middle East, home to some of the world’s entertaining superlatives, biggest tower, deepest swimming pool, among many other ‘firsts’, Arab News reported. But this chip, roughly 9 inches on each side, promises more than just entertainment and a … Read more

Saindak Juzzak Airport to help Pakistan accelerate industrialisation: official

BEIJING: The opening of Saindak Juzzak Airport will help Pakistan accelerate its industrialisation process and enhance its ability to earn foreign exchange from exports, while creating more local jobs. “The opening of Juzzak Airport, jointly reconstructed by the Saindak project and the Pakistan International Airlines (PIA), has significantly reduced travel time to the site. And … Read more