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Govt asked to improve food security situation

Lahore: The Attock Chamber of Commerce and Industry (ACCI) on Wednesday asked government to improve its deteriorating ranking in food security index as almost half of the country’s population remains food insecure. Every person has a right to physical and economic access to sufficient, safe, and nutritious food on consistent ... Read More »

Biofuels ban can save world from looming food crisis?

Islamabad: The Pakistan Economy Watch (PEW) on Friday said an immediate ban on biofuel production can save the world from looming food crisis which can result in massive malnutrition, starvation, and riots. The worst drought in 50 years in the US and lack of rains in India and some other ... Read More »

New industrial estate will be established in Punjab

Lahore: Punjab Government, with a view to generate opportunities of employment, has decided to establish new industrial estates in the province with the help of Punjab Industrial Estates Development and Management Company (PIEDMC). Chinyot, Wazirabad, Daska, Mianwali and some other areas are under consideration to be developed as industrial estates. ... Read More »

Filing date of tax payment extended

Lahore: Punjab Revenue Authority has extended the due dates of tax payment and filing of returns for the tax period July, 2012 under the Punjab Sales Tax on Services Act, 2012 and rules made thereunder. The new dates are 25th August and 28th August for tax payment and filing of ... Read More »

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 »

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