President Emmanuel Macron on Monday visited northern France to laud plans to build a Chinese-owned battery factory that will supply automaker Renault as Europe steps up its shift towards electric vehicles. Chinese group Envision’s two-billion-euro ($2.4 billion) project is being saluted as an example of Macron’s efforts to encourage foreign firms to “Choose France” for […]
industry
Industrial output surges 68.07pc in April, 12.84 pc in 10 months
ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) production grew up by 68.07 percent on year-on-year basis during the month of April 2021 as compared to the corresponding month of last year, according to the Pakistan Bureau of Statistics (PBS) report. LSMI Quantum Index Number (QIM) was recorded at 144.92 points during April 2021 against 86.23 […]
Businessmen term budget positive, as no ‘new’ tax imposed on industry
ISLAMABAD/LAHORE: The Businessmen Panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Pakistan Industrial and Traders Association Front termed the federal budget as balanced and progressive, as no new tax was imposed on the industry while reducing rate of some of earlier duties and taxes. Addressing a press conference on […]
IPI proposes review of ‘turnover tax’ on oil marketing companies
ISLAMABAD: Islamabad Policy Institute (IPI) proposed a review of the ‘turnover tax’ on the oil marketing companies in the upcoming budget for FY-2021-22, saying the tax is affecting viability of petroleum industry’s downstream sector. The think tank launched a report on the turnover tax, which contends that the tax was discriminatory, arbitrary and against the […]
LCCI making policy advocacy before budget
LAHORE: President of Lahore Chamber of Commerce and Industry (LCCI) Mian Tariq Misbah remained extensively engaged with various policymakers in Islamabad in order to make policy advocacy to convey viewpoint of the business community before budget. The purpose of these interactions was to have favourable policies for facilitating trade and industry to the maximum extent. […]
Senate body calls for equal representation of provinces in FPCCI
The Senate Standing Committee on Commerce and Textile Industry on Monday called for uniform criteria for all provinces in terms of election and representation in the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). The committee also observed that the tenure of one year for the president of the FPCCI was insufficient, and almost […]
Recognised at Cannes for creativity, Aamna Rahim attends See It Be It Dubai Lynx ’19
Pakistan has never been short of talented women. But only some make it far enough to make their mark on the world map. Aamna Rahim is one such woman housing unparalleled talents in the arena of advertising. She has been ranked among the top 150 creatives according to campaign brief Asia 2019 and was recently […]