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Remittances are sufficient to cover oil, food and LNG import bil: Ch Muhammad Afzal

Lahore: Pakistan Overseas Employment Promoters Association (POEPA) on Saturday said remittances amounting to 19 billion dollars annually are sufficient to cover oil, food and LNG import bill. Proper attention and provision of enabling environment can help country grow remittances to a level where it would be sufficient to cover total ... Read More »

Byco Petroleum announces financial results

Lahore: Byco Petroleum Pakistan Limited announced financial results for the half-year, ending 31st December of its financial year 2015-16. The Company posted Net Sales of Rs 36.397 Billion that resulted in an Operating Profit of Rs. 1.165 Billion. Byco Petroleum Pakistan Limited declared an after-tax net profit of Rs. 534 ... Read More »

Punjab to export Potato to Russia:Minister for Agriculture Dr Farrukh Javed

Lahore: Minister for Agriculture Dr Farrukh Javed has said that Potato export to Russia has helped in stabilizing prices is local market. He said that government is in contact with Afghanistan authorities to remove the import duty on potato. He said Pakistani potatoes will be seen in Afghanistan’s markets after this ... Read More »

Customs anti smuggling cell seized goods worth Rs 26 millions

Lahore: The anti smuggling organization of Model Customs Collectorate (Preventive) Lahore on the directions  Dr.Muhammad Adnan Khan, Assistant Collector,  seized /non duty paid LED TVs (123 Nos.) Split A/C( 02 Nos.) loaded in truck No.LEI-14-4596. The value of seized goods is more than Rs.4000000/-. Meanwhile; The ANF Lahore had intercepted 2 ... Read More »

Mobicash to Launch Branchless Banking Services with NADRA

Lahore: Mobicash has finalized components of its partnership with NADRA Technologies Limited (NTL) to launch branchless banking services on NADRA e-Sahulat platform after a contract was signed between the two bodies. This partnership enables Mobicash to expand its branchless banking footprint by providing customers facility to initiate and collect money ... Read More »

Bilal Yasin visits to Shadman Sunday Bazar

Lahore: Provincial Minister for Food, Bilal Yasin paid a surprise visit to Shadman Sunday Bazar today. He reviewed security measures, cleanliness situation, and the facilities being provided to the consumers in the bazaar. The Minister also reviewed the prices of edible items on various stalls and inquired from the citizens ... Read More »

Mujtaba Shuja inaugurates 3-day exhibition of furniture

Lahore: Provincial Minister for Excise & Taxation Mujtaba Shuja-ur-Rehman today inaugurated 3-day exhibition of furniture under the aegis of Pakistan Furniture Council at Expo Center Lahore. The Minister visited different stalls and appreciated the quality of items and expertise of artisans. Talking to the media, the Minister said that holding ... Read More »

Remittances directly linked to poverty reduction:Ch Muhammad Afzal

Lahore: Pakistan Overseas Employment Promoters Association (POEPA) on Wednesday said seventy thousand workers have been sent abroad in one month despite global recession and shrinking job markets. This has reduced unemployment in the country while ensuring decent life for dependants and will improve forex situation, it said. Speaking to a ... Read More »

Fish farmers should feed their fish according to its needs:Dr Ayub

Lahore: Director General Fisheries Punjab Dr. Muhammad Ayub has said that fish farmers should feed their fish according to its needs so that healthy and quality fish can be produced which is suitable for human health and brings better returns to the fish farmers. He was talking to a delegation ... Read More »

International community should unite to counter threat of low oil prices: PEW

Lahore: The Pakistan Economy Watch on Sunday said international community should unite to counter threat of low oil prices as it will bankrupt oil importing developing countries before the oil-rich nations paving way for another international crisis. Pakistan should reduce expenditure, enhance exports and focus on value-addition as well as ... Read More »

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