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Power distribution companies to upgrade their networks : PM Shahid Khaqan Abbasi

Lahore : Prime Minister Shahid Khaqan Abbasi on Tuesday directed all power distribution companies (DISCOs) to maintain and upgrade their distribution networks so that increase in production capacity in the sector is translated into uninterrupted power supply and convenience of the public. Chairing a meeting on power and energy at Prime ... Read More »

PASSCO will sale 500,000 tons of surplus wheat

Lahore : The Economic Coordination Committee of the Cabinet (ECC) in its meeting held here at the PM’s Office on Tuesday with Prime Minister Shahid Khaqan Abbasi in chair allowed the export of 1.5 million metric tons of sugar in view of the commodity’s surplus availability. The ECC allowed the ... Read More »

PM should visit ME to regain lost ground: Mian Zahid Hussain

Lahore : President Pakistan Businessmen and Intellectuals Forum Mian Zahid Hussain on Monday said Pakistan is losing manpower export market to India, Bangladesh and some other countries. Pakistan is losing ground to regional countries in the manpower export market once considered its domain which is resulting in falling remittances that ... Read More »

Known businessman Zulfiqar Butt laid to rest

Lahore : Known businessman of the Capital city Zulfiqar Butt has died after a short illness. The deceased was the brother of Shahid Rasheed Butt who is Honorary Consul General of Ghana. He has also served as president of ICCI and presently holds the slot of Patron Islamabad Chamber of Small Traders. ... Read More »

Gwadar to emerge on world map as major trade hub: PM

Lahore : Prime Minister Shahid Khaqan Abbasi performed the ground breaking of the Rs17 billion East Bay Expressway and directed that the series of development projects for Gwadar be completed on time to ensure that the port emerges on the world map as a major trade hub. Addressing a ceremony ... Read More »

Indicators show vibrant economic performance

Lahore : The economy, as indicated by indicators for first quarter of the current fiscal year, has been reflecting strong performance and reversal of some of the negative trends which were witnessed in FY 2017. More significantly, GDP growth target of 6% this year seems on track and may even ... Read More »

Sugar mills mafia blackmailing Govt and farmers

Lahore : PEW has demanded stern action against sugar mills mafia which is blackmailing the Government, hurting consumers and crushing farmers. Sugar mills have stopped the supply of the commodity in Karachi and some other places to force the government to increase the export subsidy to make extra money, it ... Read More »

Country heading towards balance of payments crisis : Shahid Rasheed Butt

Lahore : Islamabad Chamber of Small Traders on Sunday said business community and the masses have full faith in the abilities of Prime Minister Shahid Khaqan Abbasi who should immediately take charge of the finance ministry to save the country from economic instability. The country is heading towards a serious ... Read More »

Customs Intelligence raided at Q-Mobiles Godown

Lahore : Customs Intelligence raided at Q-Mobiles Godown situated at Hall Road. The raiding party led by Additional director Mumtaz Ali Raza, Deputy Director Usman Tariq recovered hundreds of smuggled cellular phones valued of millions.Further investigation is underway. The raid was conducted upon the directions of Director General Customs Intelligence Shokat ... Read More »

SBP allowed to acquire shares of ZTBL, HBFCL

Lahore : The federal cabinet in its meeting held here at the PM’s Office on Wednesday with Prime Minister Shahid Khaqan Abbasi in the chair allowed the State Bank of Pakistan to acquire shares of Zarai Taraqiati Bank Limited (ZTBL) and the House Building Finance Company Limited (HBFCL). The arrangement ... Read More »

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