The Pakistan Furniture Council (PFC), in collaboration with Omani Medical Mattress World, will participate in the 3-day 11th International Design and Furniture (IDF) Oman Exhibition starting on Feb 10. PFC CEO Mian Muhammad Kashif Ashfaq, in a statement, shared that the event will showcase top-tier furniture designs, with PFC taking the lead in representing Pakistan’s […]
Business
ICCI President sounds alarm on unfavorable business climate
Nasir Mansoor Qureshi, President of the Islamabad Chamber of Commerce and Industry (ICCI), has called for urgent action from the relevant authorities to address the mounting challenges faced by the business community in Islamabad. Speaking at a presentation in the presence of Chaudhry Mohammad Ali Randhawa, Chairman Capital Development Authority (CDA) and Chief Commissioner Islamabad […]
Tax net to expand, relief for salaried class: Advisor
Advisor to the finance minister Khurram Shahzad said on Sunday the prime minister’s top priority was to alleviate the tax burden on the salaried class and concrete steps were being taken to achieve this goal, while institutions currently not paying taxes would be brought under the tax net. In an exclusive conversation with ptv news, […]
FTO to visit Multan, engage with business community
Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah will visit Multan this week to engage with the business community and address their concerns related to tax administration. Coordinator to FTO Saifur Rehman said on Sunday that Dr. Jah would meet members of the Multan Chamber of Commerce and Industry (MCCI) and key stakeholders to discuss […]
Pakistan Railways to privatize seven passenger trains
Pakistan Railway on Sunday announced to privatize seven passenger trains to enhance quality and to provide best facilities to its passengers, reported. These seven passenger trains will be privatized through an open bidding process. The private companies who will qualify for technical bids will be eligible to participate in opening financial bidding. Due to delay […]
Pak-Romania Business Council, SPBF sign MoU
The Pakistan-Romania Business Council (PRBC) and the Sri Lanka Pakistan Business Forum (SPBF) have signed a Memorandum of Understanding (MoU) to promote trade, investment, and economic cooperation between Pakistan, Romania, and Sri Lanka. The MoU was signed by Mr. Yasin Joiya, Honorary Consul of Sri Lanka in Lahore, and Mr. Sohail Shamim Firpo, Chairman of […]
Saudi businesses eye stronger ties as Albaik confirms expansion
Pakistan’s Federal Minister for Commerce, Jam Kamal Khan, engaged in a series of high-profile meetings in Jeddah, focusing on enhancing trade and investment partnerships between Pakistan and Saudi Arabia. The discussions, held during the first-ever “Made in Pakistan” exhibition, centered on business collaborations, investment opportunities, and Saudi brands entering the Pakistani market,said a press release […]
World food prices fell in January: UN agency
Global food commodity prices fell in January, led by sharp declines in sugar and vegetable oils, the Food and Agriculture Organization (FAO), a Rome-based UN agency, said Friday. The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged 124.9 points in January against 127.0 in December. Despite […]
Agri-tubewells: Stock of power sector receivables reaches Rs530bn
The stock of power sector receivables on account of agri-tubewells in Balochistan has reached Rs 530 billion as neither the agri-tubewells are paying their due share nor the provincial government, well informed sources and media reports said. Sharing the details, sources said, in the light of agreement signed between Government of Pakistan (GoP) and Government […]
Gold prices dip by Rs 1,046 per tola to Rs. 299,000
The price of 24 karat per tola gold decreased by Rs.1,046 and was sold at Rs 299,000 on Saturday against its sale at Rs 300,046 on previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported. The price of 10 grams of 24 karat gold also decreased by Rs.897 to Rs.256,344 from Rs. 257,241 […]