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Korea-Pakistan Friendship Association delegation visits PBIT

Lahore: A four-member delegation of today. The delegation was led by Korean Ex-Ambassador to Pakistan Mr Shin-Un who met with Chief Executive Officer PBIT, Habib Ur Rehman Gilani and other senior officials. Mr. Shin-Un said that Korea was interested in exporting products to Pakistan and looking to tap into the ... Read More »

SBP cuts interest rates by 1.5%

Karachi: State Bank of Pakistan has slashed the interest rates by 1.5 percent bringing it down to 10.5%. Governor State Bank of Pakistan Yasin Anwar addressing a news conference in Karachi Friday said that national economy was still facing difficulties and energy crisis was the major reason of the economic ... Read More »

Pakistan needs special laws to intercept terrorism

Islamabad:The business community of the Capital city on Friday said country needs special laws to deal with terrorism and insurgency so that Pakistan can become a peaceful place to live. Masses and business community deserve a terror free society where everyone can pursue his goals and play role in the ... Read More »

Exporters facilitated by withdrawing regulatory duty?

Islamabad:The Federal Government has issued amended Notification No. SRO-594(I)/2009 dated 25th June, 2009 as follows: In aforesaid Notification, in the preamble, for the full stop, at the end, a colon shall substituted and thereafter the following proviso shall be added, namely, “Provided that no regulatory duty shall be levied on ... Read More »

Nothing well on the economic front:PEW

Islamabad: The Pakistan Economy Watch (PEW) on Sunday said the economic managers are the biggest hindrance in Pakistan’s road to economic recovery. Economic team conveniently blames former government and international developments for all the economic ills while absolving themselves of all the responsibilities, it said. The team has failed to ... Read More »

EPZA gratitudes for granting them Eid bonus

Lahore:Deputy Prime Minister and Pakistan Muslim League senior central leader Ch Parvez Elahi had directed payment of one month salary as bonus on Eid to the employees of the Export Processing Zone Authority (EPZA). The bonus has been paid to the EPZA employees who have expressed their happiness over this ... Read More »

Islamic banking growth in Pakistan impressive: Attock Chamber

Islamabad:The Attock Chamber of Commerce and Industry (ACCI) said on Thursday that growth rate of Islamic banking in Pakistan is very impressive. A decade back Pakistan had only one Islamic bank while now we have five Islamic banks and Islamic banking branches representing all the top ten conventional banks, it ... Read More »

Flours mills do provide quality flour:Secretary Food Punjab

Secretary Food Punjab Irfan Ali has stressed upon members of Pakistan Flour Mills Association to maintain the quality of flour being provided under Ramzan package. He stated this during meeting with the members of Pakistan Flour Mills Association, here today. Director Food Punjab Najam Shah while giving details of the ... Read More »

Consumers would have to face tough time in forthcoming winter

Lahore:Minister for Petroleum said that consumers would have to face tough time in forthcoming winter. However, situation would go better approximately within two to three years, said Dr Asim. So far as raise in petroleum price is concerned, it would be decided in accordance with the international market, he added. ... Read More »

Government is providing subsidized items at Ramzan Bazaars:Secretary Industries Punjab

Lahore:Punjab government is ensuring provision of daily-use items at subsidized rates at Ramzan Bazaars and fare-price shops, where these are available in abundance. The essential items of daily-use are being sold at Ramzan Bazaars at Rs.3 to 13 less than compared the market price. This was informed by Secretary Industries ... Read More »

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