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Tuesday, January 22, 2019
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ISLAMABAD - The Businessmen Panel (BMP) a leading think tank group in the Chambers of Commerce suggested the new government that special measures must be announced for Overseas Pakistanis in order to facilitate their investment in Pakistan and protect their rights in the country as it would increase country's foreign...
LAHORE: The price of Liquefied Petroleum Gas (LPG) was increased unjustifiably for the third time in just four days, alleged Irfan Khokhar, Chairman LPG Distributors Association here Tuesday. In a statement, he said, poor LPG consumers are on receiving end due to persistent increase in price of cooking and auto-fuel....
ISLAMABAD: Amid concerns expressed by the Financial Action Task Force (FATF) over violations of the counter-terrorism financing regime committed by the country’s financial institutions, Pakistan faces a challenge to effectively regulate telecom companies that are conducting transactions worth billions of rupees every month through mobile wallet accounts. Some telecom companies...
Pakistan Tehreek-e-Insaf (PTI) plans to launch the Digital Transformation Initiative Programme for digital infrastructure, citizen services and other e-government services to boost Information Technology (IT) sector and significantly enhance its precious foreign exchange contribution to the national kitty. The party intends to provide maximum facility to people through digitalization of...
LAHORE: After witnessing a drop of almost 15 percent during last fiscal year, the cement prices have started reverting to previous level in north region amidst 20 percent Rupee depreciation, as different companies have increased prices by Rs5-10 on average. However, the prices in South region remained stable on higher...
Karachi: Caretaker Sindh Chief Minister Fazul-ur-Rehman says that IDEAS transforms into an iconic event for cutting edge technology demonstrations. Additionally, as forum of shared knowledge and expertise in Pakistan. He presided over 2nd Steering Committee meeting of IDEAS 2018 here on Wednesday. He provides impetus to ongoing national level...
Lahore: Regal Automobile Industries Limited is Pakistan’s third largest bike assembling company. The plant is equipped with most modern technology; where Light Commercial Vehicles and Vans are made. This plant in Lahore with the investment of Rs.10 Billion has started production in June 2018. Sohail Usman Chairman of Regal Automobile...
LAHORE - The Punjab caretaker government on Tuesday approved Rs. 693 billion Budget for the period of four months. This budget is under the Article 126 of the Constitution of the Islamic Republic of Pakistan. The Constitution authorises the Caretaker Cabinet to approve expenditure for up to the four months...
LAHORE: South Korean auto manufacturer, KIA Motors, in collaboration with its local partner Yunus Brothers Group – Lucky Cement, has launched Grand Carnival in Pakistan.KIA recently inked an agreement with Yunus Brother’s group to re-launch KIA brand under ‘KIA Lucky Motors’ in Pakistan, following the lucrative incentives offered by...
HYDERABAD:  A Chongqing-based Chinese industrial group is planning to invest $400 million in various projects in Hyderabad and elsewhere in Sindh. A memorandum of understanding (MoU) had already been signed in this regard, a representative of the Chongqing Federation of Industry and Commerce, Zhang Yang, told media persons here on Sunday. The...

Opinion

ECONOMIC

Economic reforms: Part-XXXXIII

The 1990 NFC made another curious recommendation, which was not part of its original TORs, but based on a reference made by the Council...