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Punjab government is taking solid steps to strengthen industry : Sheikh Alauddin

Lahore : The Punjab government is taking solid steps to strengthen its industry and the trade sector by giving top priority to solve its core issues. It was stated by the Punjab Minister for Industries, Commerce and Investment (IC&I) Sheikh Alauddin while addressing a colorful concluding ceremony of third Pakistan ... Read More »

Mobilink abolished its 700 franchises

Lahore : 700 franchises has been abolished after the merger of Mobilink and warid in Pakistan without any notice . The franchise holders have claimed the loss of billions of Rs and announced protest against this unjustified act of the cellular company. We have been dealing with Mobilink for 12 ... Read More »

foreign investment in Pakistan has increased by more than 44 per cent

Lahore : Net foreign investment in Pakistan has increased by more than 44 per cent in the first seven months of the current fiscal year as compared with the corresponding period of preceding year. A report published in a section of press quoting the State Bank of Pakistan (SBP) said net foreign investment stood ... Read More »

Quaid-e-Azam Solar Power Park earned a profit of Rs. 900 million in one year

Lahore : The 100 MW solar project installed in Quaid-e-Azam Solar Power Park, Bahawalpur has earned a profit of Rs. 900 million (90 crore) in one year and a cheque for the amount was presented to Chief Minister Shahbaz Sharif by Quaid-e-Azam Solar Power Company Chairman Arif Saeed during a ... Read More »

Kh Saad Rafiq appreciates Pakistan Railways staff for keeping rail running

Lahore : Federal Minister for Railways Kh Saad Rafiq has appreciated the staff for keeping rail wheel in running in Quetta Division despite worst snow falling . The minister said that though all the land and aerial routes have been blocked due to snow falling but the hardworking staff of ... Read More »

PM Nawaz Sharif directs for continuation of subsidy on fertilizers

Rs. 28 billion allocated for subsidy on fertilizers Lahore : Prime Minister Muhammad Nawaz Sharif on Friday directed for continuation of the provision of subsidy on fertilizers to benefit farmers. “Agriculture is the backbone of our economy and farmers must be facilitated to achieve bumper crops for accelerated GDP growth,” the Prime Minister said, ... Read More »

PIA launches inflight entertainment system

Lahore : Pakistan International Airlines (PIA) has started providing intranet facility on few of its prime domestic flights from today. The system will allow passengers to access this entertainment content using their own cellphones, tablets and laptops. Initially, the facility will be available on selected flights on Karachi-Islamabad and Karachi-Lahore ... Read More »

World Bank revises Pakistan’s growth rate upward

Lahore : World Bank has revised Pakistan’s growth rate upward to 5.2 percent for fiscal year 2017 and 5.5 percent for 2018. The bank previously estimated growth in Gross Domestic Product (GDP) of Pakistan 5 percent and 5.4 percent respectively, a private news channel reported. The report “Global Economic Prospects; ... Read More »

PM Nawaz Sharif announces Rs 180 billion package to boost exports

Lahore : Prime Minister Muhammad Nawaz Sharif Tuesday announced a major Rs180 billion package of “Export-led growth” to enhance country’s exports over the next eighteen months. He was addressing a function of leading exporters here at the PM Office. The event was also attended by Minister for Finance Ishaq Dar, ... Read More »

Islamabad Chamber of Small Traders express concern over fall in leather exports

Lahore : Islamabad Chamber of Small Traders on Monday expressed concern over falling production and dwindling exports of the leather sector and called for steps to revive it. Once vibrant leather sector is sailing in troubled waters and its exports for the year 2015.16 fell by 12.35 percent on the ... Read More »

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