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Pakistan, Indonesia bilateral trade seen at $15 bl in three years

Islamabad: Indonesia has said that we are exploring new venues of cooperation and bilateral trade between two brotherly countries is to touch $ 15 billion mark by 2015. Indonesian Minister for Industries M.S. Hidayat and Minister for Agriculture Suswono said that current bilateral trade volume is below USD 1.5 billion ... Read More »

New CNG pricing formula proposed?

Lahore: The All Pakistan CNG Association (APCNGA) on Wednesday proposed a new pricing formula to keep the CNG business viable and keep the masses from the impact of high price of the product. Three options have been given to OGRA which have been designed in view of the directives of ... Read More »

Amnesty Scheme discriminatory against honest taxpayers says, Imran Khan

Lahore: While addressing the Lahore Tax Bar Association Chairman Pakistan tehreek-e-Insaf Imran Khan said that the amnesty scheme approved by the Cabinet on 12 November 2012 is not only a slap on the face of honest taxpayers but also aimed at decriminalizing the crime of tax evasion and plundering of ... Read More »

Immediate determination of CNG prices demanded

Lahore: The All Pakistan CNG Association (APCNGA) on Tuesday demanded speedy determination of CNG prices as the sector is facing heavy losses due to reduced prices. We cannot wait for the outcome of meeting called by Ogra on Nov 26 to fix the prices of Compressed Natural Gas (CNG) as ... Read More »

Pakistani products have an impact on regional, int’l markets: UN

Islamabad: The United Nations Industrial Development Organization (UNIDO) and First Women Bank Limited (FWBL) on Tuesday inaugurated first-ever Business Growth Centre (BGC) of Pakistan to enhance the ability, mobility, visibility and connectivity of women entrepreneurs. BGC is result of joint effort of UNIDO’s Women Entrepreneurship Development Programme (WEDP) and FWBL. ... Read More »

Increased load shedding proves Govt investing in politics only

Lahore: The Pakistan Economy Watch (PEW) on Monday said load shedding has been increased in winter which is failure on the part of the authorities concerned. Enhanced duration of load shedding proves that government efforts to resolve the longstanding issue of circular debt in the power sector remained futile, it ... Read More »

PM opens D-8 Trade Exhibition

Islamabad: Prime Minister Raja Pervez Ashraf Monday urged the Developing Eight (D-8) countries to establish enduring trade partnerships for the prosperity of their peoples. The Prime Minister was speaking at the inaugural ceremony of a four-day trade exhibition being held on the margins of the D-8 Summit, at Pak-China Friendship ... Read More »

Substituting CNG with imported fuel to cost $1 million per day: IWCCI

Lahore: The Islamabad Women’s Chamber of Commerce and Industry (IWCCI) on Sunday said phasing out Compressed Natural Gas (CNG) industry will put an additional strain of one million dollar per day on Pakistan’s forex reserves. Calling for an out of the box solution, it said that policymakers should not test ... Read More »

Nepal says enhanced regional connectivity to resolve all problems

Islamabad: The Ambassador of Nepal to Pakistan Bharat Raj Paudyal on Friday said enhanced regional connectivity can resolve all the problems and address the issue of poverty. He said that volume of trade between Pakistan and Nepal is not satisfactory which can be boosted by enhanced linkages and information sharing ... Read More »

More gas stolen daily than consumed by CNG sector

Lahore: The Pakistan Economy Watch (PEW) on Friday said that government is pushing policy to rob poor to reward nobility. Top government functionaries are involved in conspiracy to deprive masses of economical fuel and force them to consume costly alternative, it said. Revenue generated from CNG sector through 11 taxes ... Read More »

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