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Govt policies against the interests of workers

Islamabad: The Pakistan Economy Watch (PEW) on Friday said economic development cannot be ensured unless quality and affordable education is available to everyone in the country. Apart from economic revival, peace in the society can also be attained by focusing development of the declining education sector, it said.Mismanagement, inefficiency, energy ... Read More »

FBR clarifies admissibility of performance allowance

Lahore: Federal Board of Revenue clarifies with reference to a news item published in a section of press on 14-09-2012 that the employees of the Board are allowed performance allowance equal to their running basic pay by the Federal Government. This allowance is admissible irrespective of grades and status of ... Read More »

President distributes achievement awards at LCCI function

Lahore: President Asif Ali Zardari Friday said that as part of liberal investment policy regime, the present government has embarked upon a policy of trade liberalization with India and other countries in the region including granting Most Favored Nation trading status to India. Terming it a major policy shift, the ... Read More »

Irani traders visit PBIT

A 24 member delegation of Tehran chambers of commerce industries, mines & agriculture, led by Yahya Al Eshagh visited Punjab Board of Investment& Trade (PBIT). The Iranian delegates represent varied sectors including agriculture, food, light engineering textile manufacturing, energy, automobiles, leather, petrochemicals and general traders. Representatives from export promotion bank ... Read More »

IWCCI, Indian Chamber signs MoU to intensify cooperation

Islamabad Women’s Chamber of Commerce and Industry (IWCCI) and PHD (Punjab, Haryana, Delhi) Chamber of Commerce and Industry have signed a MoU to promote trade and investment and improve linkages between the business communities of two countries. The MoU was signed by Samina Fazil, founder President, IWCCI and Ravi Vig, ... Read More »

Economic revival of the country has started:Ch Pervaiz Elahi

Lahore: Deputy Prime Minister and Pakistan Muslim League senior central leader Ch Parvez Elahi has said that many mega projects are in the offing for the economic revival of the country, including establishment of Export Processing Zones all over the country and implementation of a new long term industrial policy ... Read More »

Govt plan to run power plants on coal lauded

Islamabad: The Pakistan Economy Watch (PEW) on Sunday lauded the government’s decision to run three inefficient thermal power plants on coal. It also lauded Asian Development Bank which has agreed to finance the conversion project. Initially, the move will not only enhance power production of Jamshoro and Guddu thermal power ... Read More »

Pakistan Loses its Competitiveness on the World Economic Forum

Islamabad:  Pakistan has been ranked among bottom 20 of the 144 economies around the world in The Global Competitiveness Report 2012-2013, released today by the World Economic Forum. According to the Global Competitiveness Report (GCR) 2012-13, Pakistan lacks a long-term view of competitiveness. The level of corruption and poor governance are ... Read More »

We plan to enter into Pakistan:Vice Chairman CP Group Natthakrit

Lahore: A high-level delegation from Thailand, Charoen Pokphand (CP) Group led by Natthakrit, Vice Chairman of the group (CP Food) visited the Punjab Board of Investment & Trade (PBIT) and held talks with PBIT high ups about investment opportunities in Punjab. Chief Executive Officer PBIT Habib ur Rehman, and Ambassador ... Read More »

PRA again extended the due dates of tax payment

Lahore: A spokesman of Punjab Finance Department has said that in order to further facilitate the taxpayers, the Punjab Revenue Authority (PRA) has again extended the due dates of tax payment and filling of returns for the tax period July, 2012 under the Punjab Sales Tax on Services Act, 2012 ... Read More »

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