Nishat Mills Limited to establish company in UK By: News Desk on September 3, 2024The Board of Directors of Nishat Mills Limited (NML), the flagship company of Nishat Group, has given its nod to establish a private limited company in the United Kingdom (UK). The listed company informed stakeholders of the development in its notice to the Pakistan Stock Exchange (PSX) on Monday. “The Board of Directors of Nishat […]
Danish eye Pakistan’s mineral riches By: APP on September 3, 2024A high-level delegation from Denmark, led by the Global CEO of FLSmidth, Mikko Keto, accompanied by Danish Ambassador to Pakistan, Jakob Linulf on Monday met with Federal Minister for Commerce, Jam Kamal Khan, to discuss potential investment opportunities in Pakistan’s mining sector. The Danish delegation expressed strong interest in making substantial investments, particularly in mining […]
Mobilink Bank and CARE Pakistan join forces to empower 50,000 women on September 2, 2024Pakistan’s leading digital microfinance bank, Mobilink Bank, has joined forces with CARE Pakistan to unlock the potential of 50,000 women through the Strive Women program. Under this partnership, Mobilink Bank and CARE Pakistan will invest in their financial literacy and skills development, paving the way for a more equitable and prosperous society. Over the next […]
APBF urges tax base expansion By: Agencies on September 2, 2024Raising grave concern over the poor performance of the exports the All Pakistan Business Forum (APBF) advocated the need for raising the country’s tax base so that tax-to-GDP ratio improves from current poor level. He urged the trade officers to explore opportunities to diversify exports of goods and services in their respective areas, asking them […]
BMP calls for oil tax cut to boost trade By: Agencies on September 2, 2024The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has sought reduction in tax ratio on petroleum products to facilitate the trade and industry, as the government has been charging petroleum levy and several other taxes on oil products to the record high level. FPCCI former president and BMP Chairman Mian Anjum Nisar […]
FPCCI partners with Zimbabwe to strengthen economic ties By: APP on September 2, 2024President Federation Pakistan Chamber of Commerce and Industry (FPCCI) and the Embassy of Zimbabwe in Islamabad joined hands for increasing the economic and trade ties between Pakistan and Zimbabwe and also reiterated for increasing the connections between the business community if both sides. The Ambassador of Zimbabwe to Pakistan, Titus M.J. Abu Basutu and President […]
Trade Deficit – Embarking on a strategy to remove bottlenecks By: APP on September 2, 2024As the nation grapples with multiple economic challenges, the present government is struggling on numerous fronts to control inflation, enhance foreign exchange reserve, boost exports and lower the burden of local and external debts. Embarking on number a number of measures in the face of these pressing challenges, the most vital is to revitalize external […]
FTO action yields Rs 17.3bn in refunds By: APP on September 2, 2024Advisor to Federal Tax Ombudsman Dr Waqar Arain has said the intervention of FTO has been particularly impactful in expediting the settlement of delayed refunds. In last six months, a total of Rs 17,317.74 million have been refunded to aggrieved taxpayers, a significant increase compare to Rs 6,316.5 million last year. Speaking here on Sunday […]
‘Innovative designs lure global, local buyers’ By: APP on September 2, 2024Pakistan Furniture Council (PFC) General Manager Interiors Maria Tauqir has emphasised that unique and innovative designs in interiors are instrumental in shaping superb styles that captivate both local and global investors, besides attracting local buyers. Speaking to 40 participants of Summer Internship program held under the aegis of PFC in collaboration with ChenOne, here on […]
Pakistan aims for 60% clean energy by 2030 By: Agencies on September 2, 2024As Pakistan races towards its goal of generating 60% of its energy from clean and renewable sources by 2030, the landscape of the country’s energy sector is undergoing significant changes. Solar energy has become an increasingly popular choice across Pakistan, with solar panels becoming a common sight on rooftops. However, a lesser-known aspect is the […]