Lahore : Prime Minister Muhammad Nawaz Sharif Monday performed the ground breaking of the Rs 45 billion dollar, 89 km long Sialkot-Lahore Motorway. The four-lane road to be constructed jointly by the Frontier Works Organisation (FWO) and National Highway Authority (NHA) would connect the two major business centres and would be completed in around 24 months. Director ... Read More »
Lahore : First of the three gas turbine to be installed at 1180 MW Bhikki Power Plant has reached at site. Manufactured by the General Electric (GE), this 9HA Gas Turbine weighing 372 tons has been imported from France. Because of its efficiency, the 9HA gas turbine has been included ... Read More »
Lahore : Islamabad Chamber of Small Traders has expressed concern over widening current account deficit and asked the government to take steps to arrest the fall. Current account deficit widened to $591 million in July 2016, more than double from $234 million in the same month of last fiscal year, ... Read More »
Lahore : The Federation of Pakistan Chambers of Commerce and Industry supported the decision of the Government to operationalise Casa 100 project and buy power from Russia and Turkmenistan. The decision will help Government to shut power plants generating expensive electricity and enable it to serve industrial and domestic customers, said Abdul ... Read More »
Lahore : The Prime Minister Nawaz Sharif has expressed his dissatisfaction over the pace of disbursements to the prospective clients under the PMYBL in general and denial in credit to the applicants in particular. Being the major bank having leading share in PMYBL, the National Bank has not been ... Read More »
Lahore : FBR has introduced a new policy regarding advance tax collection as 5% tax would be included in the overall budget on the organising of events in marriage halls, clubs and hotels. Federal Bureau of Revenue also announced that the families of the bride and groom will have to pay additional tax ... Read More »
Lahore : The United Business Group (UBG) of FPCCI on Friday said national energy mix is heavily inclined towards thermal power which is against the national interests while dams and Irani gas is necessary for energy security. Government should use all possible resources to tame energy crisis lest the GSP ... Read More »
Lahore :Chairman Punjab Information Technology Board (PITB) says it’s very encouraging to see female entrepreneurs doing so well in Pakistan and goes to show that the potential is here, we just need to capitalize on it. He was addressing a ceremony held for a startup “Beauty Hooked” on securing $280K ... Read More »
Lahore : Ambassador of Ghana to Pakistan Alhaji Bawah G. Alembillah has said that Pakistani investors should look into the opportunities being offered by rapidly developing African country of Ghana. Ghana is offering matchless benefits to foreign investors where growth rate was 7.3 percent in 2013 and now it is ... Read More »
Lahore : National Highway Authority has been striving for early completion of the projects, being executed to provide connectivity to Gawadar Port, besides upgradation of Karakoram Highway at a fast pace. The NHA has upgraded the Karakoram Highway’s Khunjerab-Raikot section of the Karakoram Highway (KKH) which forms part of China- ... Read More »
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