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Pakistan’s Energy,Transport sectors best for investment:Sweden?

Islamabad: Ambassador of Sweden to Pakistan Lars-Hjalmar Wide on Tuesday said his country is interested in promising energy and transport sectors of Pakistan.He said that Sweden can prove a good market for Pakistani fruits, vegetables, meat. Leather, sports goods and textiles if potential is exploited properly. Lars-Hjalmar Wide said this ... Read More »

Rizwan Mumtaz Ali assumes charge of Chairman NFC

Lahore:Renowned marketing & management professional Rizwan Mumtaz Ali has assumed charge of Chairman National Fertilizers Corporation with effect from today. In his career spanning over 25 years, Rizwan Mumtaz Ali has served in frontline public and private sector organizations at key positions. He has served as Director Marketing Pakistan Television ... Read More »

IWCCI demands market access, linkages with US business community

Islamabad:US Ambassador to Pakistan Cameron Munter has lauded the successes of female entrepreneurs in Pakistan at a visit to the Islamabad Women Chamber of Commerce & Industry (IWCCI). During this visit, Ambassador Munter and Dr. Marilyn Wyatt met more than 100 successful women entrepreneurs, including Samina Fazil, founder President of ... Read More »

FBR further eases conditions for waiver of default surcharge

Islamabad:Federal Board of Revenue has taken yet another step to further facilitate tax payers. Today, SRO 774(I)/2012 dated 27.06.2012 is issued which supersedes the earlier SRO 606(I)/2012 dated 01.06.2012 which exempted the default surcharge and penalties on outstanding Sales Tax on account of illegally adjusted input tax. The condition for ... Read More »

Railways offers 3 routes for NATO

Lahore: Pakistan Railways has offered three routes for NATO containers’ transportation. Railways authorities said they can operate three transport trains daily with thirty 40-feet containers. According to sources Pakistan Railways has offered to open three routes for the transportation of NATO containers from Karachi to Peshawar.These three routes included Karachi ... Read More »

Policies being made to support one per cent elite

Islamabad:The Pakistan Economy Watch (PEW) on Thursday said all important policies are being framed while keeping in mind the interests of elite which are less than one per cent while over ninety nine per cent masses are facing worst type of exploitation. Government’s policies are helping rich amass more wealth ... Read More »

Govt continue to compromise economy for politics

Islamabad:The Pakistan Economy Watch on Wednesday said Prime Minister Raja Pervez Ashraf’s renewed focus on energy offered nothing to the masses.The first meeting that Raja Pervaiz Ashraf chaired after assuming the charge as prime minister was to resolve energy crisis proved another useless effort, it said.Now, the load shedding has ... Read More »

Govt asked to restore confidence of small stock market investors

Islamabad:The Pakistan Economy Watch (PEW) on Monday asked the government to take steps aimed at restoring confidence of the small investors in the stock market to boost economy. Companies are left with no option but to go for costly borrowing from the banks as the cheap option of IPO (Initial ... Read More »

PM has failed to restore confidence of the business community:PEW

Islamabad:The Pakistan Economy Watch on Sunday said that Prime Minister Raja Pervaiz Ashraf has failed to restore confidence of the business community.Politics remains the favourite subject of the new PM and his Cabinet while economy continue to take a backseat because of lack of commitment to change life of ordinary ... Read More »

Shahbaz takes notice of artificial shortage of petroleum

Lahore:Punjab Chief Minister Muhammad Shahbaz Sharif while taking notice of artificial shortage of petroleum products has directed the administration to take strict action against the petrol pumps involved in creating shortage. He has also directed the administration to take immediate steps for ensuring provision of petroleum products to the masses ... Read More »

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