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CNG suspention plan to inflict irrevocable harm on economy

Lahore: The Pakistan Economy Watch (PEW) on Friday said government’s plan to shutdown CNG filling stations for three months during winter is unfeasible in the prevailing circumstances as it an lead country to bankruptcy. The unwise decision will create serious problems like exchange rate volatility, reduced Forex reserves, unemployment of ... Read More »

FPCCI asks Govt to accord Non-Discriminatory Access to India

Lahore: The Government should accord India Non-Discriminatory Access (NDA) at the earliest This was stated by Muhammad Ali, Acting President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in a  meeting held at Federation House on India Pakistan Trade Relations. He also stressed for the removal of ... Read More »

Flour price hike seen as government’s failure

Lahore: The Punjab Forum on Sunday said hike in wheat flour prices has added to the miseries of the masses which is failure of the government policies. Government is inviting food insecurity in an agricultural country to please the IMF and benefit few influential, it said. Failure of the government ... Read More »

Gas shortfall to intensify during winter: MD SNGPL

Lahore: Managing Director of the SNGPL M. Arif Hameed  said gas shortfall is expected to intensify during the upcoming winter. We expect that shortfall will be more than the previous year therefore government is taking all necessary steps to facilitate masses, CNG sector and Industry, he said. M. Arif Hameed ... Read More »

Economic Index of the World to be released tomorrow

Lahore: President FPCCI Zubair Ahmed Malik on Sunday left for Bangkok to attend three-day annual conference of the Economic Freedom Network Asia. Experts, business leaders and individuals from twenty-eight countries are scheduled to participate in the conference representing USA, Canada, Malaysia, Philippines, Myanmar, India, Pakistan, Indonesia, and China etc. The ... Read More »

Two-day weekly holidays hurting economic growth: FPCCI

Lahore: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Sunday criticised the decision to observe two weekly holidays for conserving energy and called for a reversal of the policy in the larger national interest. Six-day closure on the occasion of Eidul Azha proved that government continues to ... Read More »

Country being destabilised to please IMF

Lahore: The Pakistan Economy Watch (PEW)  criticised the upward revision of the power tariff saying that it would paralyse the masses and the struggling economy. The government says that it cannot break promise with international monetary institutions but finds it very convenient to break all the poll promises, said Dr. ... Read More »

CFA declares NBP the winner for the “Transaction of the Year-2012

Lahore : CFA Association of Pakistan has declared NBP the winner for the “Transaction of the Year-2012” for Sell-Side Advisory forthe sale of shares of Agritech Limited by Azgard Nine Limited (ANL). The CFA Association of Pakistan’s panel of independent judges, based their decision on the innovativeness of structure, suitability ... Read More »

PTBA would facilitate Pakistani firms regarding free visas

Lahore: Punjab Board of Investment and Trade (PBIT) and Pak-Turk Business Association (PTBA) would facilitate Pakistani firms regarding free visas and traveling arrangements to participate in business event, “World Trade Bridge 2013” to be held in Istanbul Turkey next month. This was decided in a meeting between PBIT team and 3-member ... Read More »

Power tariff hike a mortal blow to trade and industry: FPCCI

Lahore: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has rejected the recent hike in the power tariff terming it worst form of misuse of authority which is the result of an unholy alliance between the government and the IMF against innocent masses. The upward revision in power ... Read More »

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