Lahore: The Pakistan Economy Watch (PEW) on Friday said SRO culture has remained one of the biggest hurdles in ensuring national development by widening the tax net. SROs are the foremost source of corruption, discrimination, budget subversion and national disgrace, it said. FBR has become a factory producing SROs (Statutory ... Read More »
Islamabad: Chairman of the Apna Microfinance Bank Limited (AMBL) Mian Shahid on Friday said that Small and Medium Enterprises (SMEs) will be given preference in provision of credit.He said that he will try best to ensure the uninterrupted flow of finances to the critical SME sector without which economy cannot ... Read More »
Lahore: The PML-N Friday rejected the hike in oil prices and slammed the government for adding to the woes of people days before it is scheduled to dissolve. PML-N leader Senator Tariq Azim said in a statement that instead of giving relief to common man the government has burdened the ... Read More »
Lahore: Pakistan Tehreek-e-Insaf (PTI) has outrightly rejected the hike in prices of the petroleum products, with PTI Secretary Information Shafqat Mahmood stating that there was no legitimate reason for hike in PoL prices and the sharp increase in the prices was another anti-people act of an outgoing regime. “This petrol ... Read More »
Lahore: A Memorandum of Understanding (MoU), was signed between Punjab government and Asian Development Bank, under public-private partnership, for promotion of cooperation in energy sector, at Model Town here today. Under the MoU, collaboration would be made in energy-related projects for alternate water, coal and other energy sources. Secretary Energy ... Read More »
Pakistan’s exports to Malaysia have risen by 6.15 per cent according to trade figures available for the period January-October 2012, says a press release issued by the Pakistan High Commission in Kuala Lumpur. Quoting statistics from January till October 2012, the statement says Pakistan has exported goods worth US$232.81 million ... Read More »
Lahore: The Board of Directors (BoD) of Apna Micro Finance Bank has elected Mian M. A. Shahid as Chairman of the bank. Shahid has already been serving as Chairman of the United International Group (UIG). The board of directors appreciated his services and hoped that the new chairman will work ... Read More »
Lahore: Secretary Food Punjab, Irfan Ali has said that Food Department will purchase 40 lakh metric ton wheat at the rate of Rs. 1200 per maund during the current year and procurement process will be completed on merit in a transparent manner. He stated this during a meeting held regarding ... Read More »
Lahore: The Pakistan Economy Watch (PEW) on Thursday said Pakistan continues to march towards dark ages in absence of any concrete effort to resolve energy crisis by the authorities concerned that has left millions out of work and brought economy to the brink. Petroleum ministry continue to keep critical energy ... Read More »
Lahore: Foreign Investors from UK, Germany and United Arab Emirates have appreciated the good governance of Punjab government and showed their willingness to invest in energy, security and information technology sectors. This was stated by Advisor Foreign Relations to Nawaz Sharif, Javed Malik who led two separate delegations of German ... Read More »
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