Coordinator to the Federal Tax Ombudsman Saif Ur Rehman said on Sunday that the construction industry was a key driver of Pakistan’s economic growth, contributing significantly to GDP and providing employment to millions. Speaking to a delegation of industrialists led by Mian Zahid Iqbal, former VP of the Federation of Pakistan Chambers of Commerce & […]
Business
Target for early cotton sowing reviewed
Punjab Agriculture Secretary Iftikhar Ali Sahu chaired a high-level meeting in Multan to review the strategy for early cotton sowing. He stated that achieving the cotton cultivation target was a challenging task, with six divisions in Punjab identified as suitable for early sowing. The province has set a target of 1 million acres for early […]
Mr. Andrea Nucera, Managing Director of Reportage Group, Sign Landmark AED 1 Billion Agreement with RUDA in Abu Dhabi to Transform Pakistan’s Real Estate Landscape
In a historic step towards transforming Pakistan’s urban landscape, Reportage Group has joined forces with RUDA & CBD to introduce world-class real estate developments. The partnership, led by Mr. Andrea Nucera, Managing Director of Reportage Group, and Mr. Imran Amin, CEO of RUDA & CBD, was formalized in Abu Dhabi, marking a new era […]
IFC chief says planning $2 bln annual equity investments in Pakistan for decade
International Finance Corporation’s Chief Makhtar Diop has said that IFC is increasing equity investments and eyeing large-scale infrastructure financing in Pakistan, in an investment plan that could unlock $2 billion annually over a decade. “Between now and maybe October, we will be able to progress enough on a couple of transactions that will signal that […]
Office bearers of ICMA assume charge
Following the decision of the Honourable Islamabad High Court, the notification issued on November 30, 2024, regarding the office bearers of the National Council has been restored. As per this notification, the following office bearers have been duly elected and will continue to serve: President: Mr. Ghulam Mustafa Qazi, FCMA, Vice President: Mr. Muhammad Yasin, […]
FRIA wants better regulatory system to achieve high Ease of Doing Business level
The Ferozepur Raod Industrial Association (FRIA) has asked the authorities to undertake economic reforms and improve the regulatory environment for better Ease of Doing Business (EDB) level to boost foreign investment so that financial stability can be achieved in the long-run. The FRIA Chairman Shahbaz Aslam stressed the need for reducing cost of doing business, […]
APBF urges central bank to review policies to facilitate private sectora
The All Pakistan Business Forum (APBF) has stated that the government has been using taxpayers’ money to pay unprecedented returns to the banks, urging the central bank to review its policies to facilitate the private sector, as the massive investment in government papers leave little room for lending to the private sector. The APBF President […]
SCCI condemns counterfeit medicine trade
Sukkur Chamber of Commerce and Industry (SCCI) on Saturday has condemned the manufacturing and sale of counterfeit medicines, stating that those involved in such activities are playing with human lives for financial gain. The Chamber’s President Muhammad Khalid Kakizai, Senior Vice President Ameet Kumar and other senior members have expressed their support for joint actions […]
Pakistan needs global IT branding: SAP MD
Pakistan must focus on the international branding of its IT industry to enhance global competitiveness, said Saquib Ahmad, Managing Director of SAP for Pakistan, Iraq, Bahrain, and Afghanistan. He made these remarks while discussing the digital transformation at Pakistan’s leading FMCG company, Tapal Tea, which is embracing cloud innovation through the ‘Rise with SAP’ initiative. […]
Finance Minister leaves for KSA to attend AlUla Conference
Finance Minister Mohammad Aurangzeb has left for Saudi Arabia to attend the first high-level “AlUla Conference for Emerging Market Economies”. He is participating in the two-day conference, beginning tomorrow in the ancient historic city of AlUla, at the invitation of his Saudi counterpart. The conference is being organized in collaboration with the International Monetary Fund […]