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PEW proposes plan to improve energy mix, resolve prickly issues

Islamabad: The Pakistan Economy Watch on Sunday said inter-fuel substitution can culminate the need for gas load shedding during the five months of winter giving relief to masses and industry. Load shedding is not a solution, cost-effective energy resources for power generation are needed for smooth and long-term economic development, ... Read More »

TAPI Gas Pipeline Project is unavoidable to end energy crisis:Ambassador of Turkmenistan to Pakistan

Islamabad: Ambassador of Turkmenistan to Pakistan Atadjan Movlamov on Thursday said Pakistan can resolve its energy crisis by expediting work on The Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline Project. He said that Turkmenistan is extending its railways and power network to Afghanistan which can offer new opportunities to Pakistan boost its transit ... Read More »

PEW lauds Govt’s coal power generation plan

Islamabad: The Pakistan Economy Watch (PEW) on Sunday lauded the landmark policy decision of the federal government to use Thar coal for coal-based power generation and all conversions of existing as well as construction of new power projects will be designed on Thar Coal specifications. The strategic decision is appropriate ... Read More »

World Bank to support women entrepreneurs in Pakistan:IWCCI

Islamabad: World Bank has decided to pay more attention to women entrepreneurs in Pakistan and to lend additional support at technical, academic and policy level. World Bank has started reaching out to more female businesspersons to know their problems to serve them in best possible way.In this connection, a team ... Read More »

Nanchuan Industrial Park Business Development Centre inaugurated in Lahore

Lahore: Nanchuan Industrial Park Business Development Centre has been inaugurated in the city. The centre set up by Chinese government will facilitate Chinese entrepreneurs for investment in Punjab as well as provide necessary guidance to investors of the Punjab to set up their businesses in China. A similar centre will ... Read More »

Maqsood Ismael elected unopposed President of LCCI

Lahore: The Lasbela Chamber of Commerce & Industry in a Press Release issued here today announced that Maqsood Ismael of M/s. Ismael Industry Limited and Mr. Fahad Shoukat of M/s. Shafi Gluco-Chem (Pvt) Limited have elected for the offices of President and Vice President respectively unopposed and have taken the ... Read More »

FBR will receive tax returns on Satureday and Sunday too

Islamabad: FBR has directed all Inland Revenue Offices to remain open till 08:00 PM on Saturday 29th September and till 10:00 PM on Sunday 30th September, 2012 to facilitate the taxpayers in filing their Income Tax returns. As requested by the Federal Board of Revenue, the State Bank of Pakistan ... Read More »

Lengthy sensitive lists impeding trade

Attock: The Attock Chamber of Commerce and Industry (ACCI) on Sunday said extensive sensitive lists being maintained by different countries is hindering progress and growth of trade within Saarc region. The last two decades have witnessed a number of attempts by South Asian countries to promote intra-regional trade through several ... Read More »

Govt policies against the interests of workers

Islamabad: The Pakistan Economy Watch (PEW) on Friday said economic development cannot be ensured unless quality and affordable education is available to everyone in the country. Apart from economic revival, peace in the society can also be attained by focusing development of the declining education sector, it said.Mismanagement, inefficiency, energy ... Read More »

FBR clarifies admissibility of performance allowance

Lahore: Federal Board of Revenue clarifies with reference to a news item published in a section of press on 14-09-2012 that the employees of the Board are allowed performance allowance equal to their running basic pay by the Federal Government. This allowance is admissible irrespective of grades and status of ... Read More »

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