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 »
Category Archives: Business
Feed SubscriptionSuper 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 »
Bilateral trade with Iran will double within one year : President FPCCI
Lahore : The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday said to facilitate trade with Iran the State Bank of Pakistan will select some local banks within days. Opening up of the banking channel with Iran will boost bilateral trade by one hundred percent within one ... Read More »
PIA flights to Central Asian states will be started soon : Sardar Mahtab Ahmad Khan
Lahore : Advisor to PM on aviation Sardar Mahtab Ahmad Khan stated that direct connectivity of PIA flights to Central Asian states will be started soon which will not only open new chapters of regional linkages and will also enhance the economic and trade related activities with the countries of ... Read More »
Pakistan Railways freight sector set new records of revenue
Lahore : Pakistan Railways freight sector to set new records of revenue generation in April this year. Last month freight income surged to 1386 million rupees and with this earning Pakistan Railways broke its own record of grossing 987 million that was earned in October 2015. Four years back in ... Read More »
APCNGA wants implementation of ban on filling LPG cars
Lahore : The All Pakistan CNG Association (APCNGA) on Tuesday said LPG is being used in vehicles despite Ogra ban which amounts to playing with life and property of the masses. Ogra has banned using LNG in vehicles but it is being used across the country in cars especially in ... Read More »
Govt asked to implement export package announced in Jan
Lahore : The government should implement Rs180 billion export package without further delay to boost falling exports resulting in wide trade deficit, a business leader said on Monday. The package textile and non-textile sectors was announced and notified in January but it has not been implemented since then that is ... Read More »