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Fraz Malik wins Huawei’s Future Star Award

Lahore : Fraz Khan Malik, Deputy General Manager of Huawei has received the ‘Future Star’ Award – an award given to employees of Huawei from across the globe due to their exceptional job performance. Having a decade-long career in sales, marketing, and strategic business management, Fraz Malik is known for ... Read More »

South Asia has matchless potential for development: Rauf Alam

Lahore : The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday said that South Asia is the fastest growing region in the world with a collective growth rate of six percent which is better than all other economic blocks like EU, ASEAN and others. We have many ... Read More »

Legislation needed to avoid double taxation : Dr. Ayesha Ghaus Pasha

Lahore : Provincial Minister for Finance Dr. Ayesha Ghaus Pasha has said that there is a need to clearly demarcate the powers of federation and provinces after 18th amendment so that problems like double taxation could be avoided. She said that provinces will give a final shape to the reports ... Read More »

Balloki Combined Cycle Power Plant would start production in 2017

Lahore : The under-construction 1223 Mega Watt (MW) Balloki Combined Cycle Power Plant, having latest and environment-friendly 9-H gas turbine technology,will operate on full capacity by January 2018. Acting General Manager (Project) Engineer Muhammad Aslam Butt said that at first stage the Power Plant would start adding 386.5 MW electricity to ... Read More »

Prime Minister Nawaz Sharif kicks off development projects in Gwadar

Lahore : A string of development projects for Balochistan including a dam, Gwadar Free Zone, Business Complex and a University were unveiled, all aimed at mainstreaming the country’s remotest areas. The unveiled plaques of projects included Gwadar Free Zone would be exempt from taxes for 23 years and covers an area ... Read More »

Sections of the media presented wrong picture of the economy : SBP Governor

Lahore : Governor, State Bank of Pakistan, Ashraf Mehmood Wathra showed his confidence that the economy of the country was moving on right direction and the loan from International Monetary Fund (IMF) will be repaid on the schedule. Briefing media here at State Bank’s Head Office, SBP Governor said the ... Read More »

PIA ‘s Regional Manager in Dubai, Syed Ishaq Hussain is promoted

Lahore : PIA has promoted it’s Regional Manager in Dubai, Syed Ishaq Hussain as Regional General Manager and made him in-charge of PIA operations in the UAE, Middle East, Turkey, Commonwealth of Independent States (CIS) and Africa. The decision has been taken in order to streamline PIA’s working in these areas and to improve ... Read More »

JazzCash Celebrates One Million Monthly Active Mobile Accounts

Lahore : JazzCash has announced that it now serves more than one million monthly active mobile accounts, a new milestone for the mobile financial services provider. JazzCash has seen its overall mobile account user base grow significantly in the past few months making it the fastest growing mobile money operator ... Read More »

Government to increase regulatory duty on import of wheat : Mian Zahid Hussain

Lahore : President Pakistan Businessmen and Intellectuals Forum Mian Zahid Hussain on Wednesday asked the government to increase regulatory duty on import of wheat from 40 percent to 60 percent to discourage imports. Country has already surplus stock and all efforts to deal with it has backfired therefore wheat imports ... Read More »

IWCCI expresses concern over falling textile exports

Lahore : Islamabad Women Chamber of Commerce and Industry (IWCCI) on Tuesday expressed concern over fall in textile exports which is the largest foreign exchange earning sector of the country. It called for immediate attention as the fall of textile sector will damage overall economy and hit forex reserves. Textile ... Read More »

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