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PEW lauded the govt for involving chambers in formulating policy for fixing CNG prices

Islamabad: The Pakistan Economy Watch (PEW) on Tuesday lauded the decision of the government to include representatives of consumers and business chambers in formulating policy for fixing CNG prices. Besides officials of Ogra, APCNGA, CNGDA, and Ministry of Petroleum, the sub-committee of the federal cabinet’s ECC has asked Network for ... Read More »

Govt’s economic performance dismal: traders

Lahore: The Government’s economic policies have failed to produce people’s friendly results as it has admitted that food cost has increased by 130 per cent since 2005-2006 to 2011-2012, a business leader said Tuesday. The wheat prices rose by 128 per cent, sugar161 per cent, pulses194 per cent, vegetable ghee151 ... Read More »

Ogra asked to announced interim CNG prices

Lahore: The All Pakistan CNG Association (APCNGA) on Saturday asked Oil and Gas Regulatory Authority (Ogra) to announce interim CNG sale price to save CNG filling station owners from insolvency. Interim prices will help Ogra take time to review audit reports of 3400 CNG outlets to know average cost etc. ... Read More »

Probe into Progas purchase deal demanded?

Islamabad: The Pakistan Economy Watch (PEW) on Friday demanded independent probe into purchase of a LPG terminal at inflated prices by a gas distribution company. The Sui Southern Gas Company (SSGC) bought scrap terminal of insolvent Progas Pakistan Limited on 500 per cent inflated rates which was illegal and against ... Read More »

Govt giving positive message, infusing confidence in business community

Karachi:Atif Ikram Sheikh, Chairman Coordination FPCCI Capital Office and Senior Vice Chairman Pakistan Vanaspati Manufacturers Association bagged . The award was given to him in recognition of record exports of edible oil by his group of companies with processing and manufacturing facilities across Pakistan.His companies have been serving people in ... Read More »

Australia keen to support Pakistan’s female entrepreneurs: Heyward

Islamabad: The High Commissioner of Australia to Pakistan Mr. Peter Heyward on Wednesday said his country is keen to support Pakistani female entrepreneurs who are highly capable and resilient. He said that the embassy of Australia and Islamabad Women’s Chamber of Commerce and Industry (IWCCI) will jointly push women empowerment ... Read More »

APCNGA demands gas price, cost audit by int’l firm?

Islamabad: The All Pakistan CNG Association (APCNGA) on Wednesday demanded forensic audit of gas cost and production cost of the CNG filling stations by some internationally reputed audit firm. The non-serious and non-professional attitude of some officials in the petroleum ministry and OGRA is destroying the Compressed Natural Gas (CNG) ... Read More »

Steps proposed to check decline of national currency?

Islamabad: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday expressed grave concern over continued fall of rupee against dollar terming it harmful for the economy. Blaming policy and political uncertainty, Tariq Mehmood, Director Pak-UK Business Council said that SBP interventions to stabilise rupee has left much ... Read More »

US influence emerges as major threat to Pakistan’s economy

Islamabad: The Pakistan Economy Watch (PEW) on Sunday said that American influence in Pakistan has reached to a limit where national dignity, sovereignty and interests are being compromised without considering the outcome. Pak-Iran gas pipeline, one of the most vital and long-delayed projects necessary for the survival of the country ... Read More »

SC asked to review tax to provide relief to masses

The Islamabad Women’s Chamber of Commerce and Industry (IWCCI) on Sunday said that Gas Infrastructure Development Cess (GIDC) should be abolished as it has failed to meet the stated objectives. Supreme Court should review legal and constitutional position of the fee to provide relief to masses and the business community, ... Read More »

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