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ML-1 track would be upgraded for speed of 160 km/hour : Kh Saad Rafiq

Lahore : Pakistan Railways Minister Khawaja Saad Rafiq said on that the framework agreement for investment of Rs 1000 billion on upgradation of PR’s Main-Line (ML-1), signed with China was a big breakthrough for the Railways. Addressing a press conference at the PR headquarters here, he said that these funds would ... Read More »

Agri uplift should be focused in budget: FPCCI

Lahore : The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Sunday asked the government to pay special attention to the agricultural development in the upcoming budget. Pakistan’s economy is based on agriculture and this sector is providing majority of jobs but its share in the GDP is ... Read More »

Government to ensure storage facilities and food waste management system : PEW

Lahore : The Pakistan Economy Watch (PEW) on Sunday said despite severe problem of food security tonnes of food is daily wasted in the country. Government should ensure proper storage facilities and food waste management system in the country to overcome losses, it said. Food is wasted in all the ... Read More »

Govt to promote edible oil sector : Shahid Butt

Lahore : Islamabad Chamber of Small Traders on Sunday asked the government to promote edible oil sector to save import bill and empower farmers who are on the mercy of middlemen. Self-sufficiency in the edible oil production can help country save 2.5 billion dollars annually which need some steps, said ... Read More »

The electricity generation from Sahiwal Coal Power Project started

Lahore : The electricity generation from Sahiwal Coal Power Project has been started in a small period of time, . By starting electricity production in a short period of time, has not only broken the world-record, but also that of China. Punjab chief minister while expressing his joy  on the ... Read More »

Border tensions with Iran and Afghanistan should be diffused : FPCCI

Lahore : The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Tuesday said border tensions with Iran and Afghanistan should be diffused. Islamabad, Tehran and Kabul should not allow the tensions to escalate as it will damage all the stakeholders, it said. The situation should not be allowed ... Read More »

Super tax discouraging foreign investment : Atif Ikram Sheikh

Lahore : Federation of Pakistan Chamber of Commerce and Industry  on Sunday said it supports economic vision of the Prime Minister Nawaz Sharif. Prime Minister Nawaz Sharif and Finance Minister Ishaq Dar realises the importance of the business community in the national development therefore they are paying special attention to ... Read More »

Tax on bank transaction should be abolished : Shahid Rasheed butt

Lahore : Islamabad Chamber of Small Traders on Sunday said withholding tax on bank transaction should be abolished or reduced in the upcoming budget. Government has imposed additional taxes worth over a trillion rupees since it came to power but WHT on bank transactions has attracted more opposition than any ... Read More »

PM directs early completion of New Islamabad Airport

Lahore : Prime Minister Muhammad Nawaz Sharif Saturday directed the Civil Aviation Authority to ensure early completion of the New Islamabad International Airport without compromising quality of the work. The prime minister visited the state-of-the-art under-construction building of the airport wherein he was briefed about the work progress on the ... Read More »

Freight traffic increased to 13-14 trains per day

Lahore : Pakistan Railways freight sector earnings augmented due to handwork and commitment poured in by the present team, four years back only seven engines were used for freight traffic and today 95 locomotives are dedicated to the freight sector only whereas by September, this year freight locomotives would be ... Read More »

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