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Punjab Government holds Mango Festival 2012’

Islamabad:Punjab Chief Minister, Muhammad Shahbaz Sharif has said that the holding of the first ‘Punjab Mango Festival 2012’ in the country will give access to mango growers and exporters to international markets and also help introduce other agri items of Punjab to the world. He said that in spite of ... Read More »

POL prices increased for fifteen days

Islamabad: The government has approved the summary for increase in POL prices. According to the notification, prices of different Petroleum products have been increased. Petrol has been increased by Rs1.41, High Octane Rs5.64, Kerosene oil Rs1.94 and light diesel price has been increased by Rs1.62.The new price of Petrol is ... Read More »

Optimism on CSF compensation temporary: ACCI

Islamabad:The Attock Chamber of Commerce and Industry (ACCI) on Sunday said the optimism following expected release of the held up Coalition Support Funds of $1.2bn by the US is temporary. Markets have responded positively, rupee has strengthened while dollar is retreating after reopening of Nato critical supply route which raised ... Read More »

Investors’ confidence can move the stagnant economy

Islamabad:The Pakistan Economy Watch (PEW) on Sunday asked the government to introduce initial public offerings (IPO) grading system in Pakistan to restore confidence of investors and boost dry market. IPO grading serves as a tool for additional information and assistance to investors enabling them to take proper decisions after getting ... Read More »

France striving for GSP plus status to Pakistani products?

Islamabad:Ambassador of France to Pakistan Philippe Thiebaud has said Paris is willing to cooperate with Islamabad to enhance its exports to the European markets. He said that France is striving for a Generalized System of Preferences (GSP) plus status for Pakistani products. Moreover, we are helping Pakistan resolve energy crisis ... Read More »

Iraq inks gas deal with Pakistan

Iraq signs preliminary deal with a Pakistani company to explore for natural gas in country’s east.In May, Iraq awarded Pakistan Petroleum the right to explore for gas in the 6,000-square-kilometer (3,730 mile) Block 8 in Diyala province. The company will be paid $5.38 for each barrel of oil equivalent. Sunday ... Read More »

PM forms committee to review running of vehicles on water

Islamabad: The Prime Minister of Pakistan Raja Pervaiz Ashraf formed a committee to review running of vehicles on water.According to Private TV channel , the committee comprises Religious Affairs Minister Khursheed Shah, Federal Minister for Science and Technology Mir Changez Khan Jamali and Advisor to the Prime Minister on Petroleum ... Read More »

Japan hosting Pakistan investment seminars in three cities?

Islamabad:Ambassador of Japan Mr. Hiroshi Oe on Friday said Japan considers Pakistan as a major development partner and the two countries will continue to support each other as true friends. Japan will continue to provide financial and technical assistance to Pakistan as we believe that this country has a great ... Read More »

Planning to buy LNG on inflated rates

Lahore:Government is planning to buy LNG on inflated rates under the garb of resolving energy crisis. According to reliable sources,all rules and regulations have been relaxed for the import of 500 million cubic feet of LNG per day under a long-term contract.Pakistan will have to pay some five million dollars ... Read More »

PM satisfied over increase of exports to US 25 billion

Islamabad:Prime Minister Raja Pervez Ashraf Wednesday termed the achievement of $25 billion export target a great success, despite the global economic crunch and decreasing trend of exports worldwide.Talking to Amin Faheem senior Minister for Commerce here at the PM House he said the increase during FY-2011-12 speaks volumes about the ... Read More »

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