PIAF lashes out at govt over hike in petroleum products prices on January 16, 2021Pakistan-Industrial-and-Traders-Association-Front-(PIAF)The Pakistan Industrial and Traders Associations Front (PIAF) has lashed out at the government for increasing prices of three major petroleum products of petrol, diesel and liquefied petroleum gas, which will cause an additional burden of billions of rupees on consumers in this month. In a joint statement issued here on Saturday, PIAF Chairman Mian […]
Need stressed for tapping African region to promote Pakistan’s exports on January 15, 2021Amir Muhammad Khan, High Commissioner-designate of Pakistan to Rwanda, has said that Africa offers huge potential to Pakistan for exports and stressed that the private sector should focus on African region for promoting trade. He said this while exchanging views with SardarYasir Ilyas Khan, President, Islamabad Chamber of Commerce & Industry during his visit to […]
SCCI rejects electricity price hike by Rs1.6 per unit on account of FPA on January 12, 2021The Sarhad Chamber of Commerce and Industry (SCCI) has rejected the recent increase in electricity tariff up to Rs1.6 per unit on head of fuel price adjustment (FPA), demanding the hike should be withdrawn immediately. Sherbaz Bilour, the president of SCCI while talking to different delegations of traders and industrialists here at his office in […]
Govt urged to review pension system to create fiscal space: PBF on January 10, 2021Government rapidly increasing pension bill as a far more serious problem than the huge power-sector debt. This might sound a bit exaggerated at a time when the government continues to make its pension payments but appears unable to liquidate the circular debt, said Pakistan Businesses Forum (PBF) Vice President Ahmad Jawad, adding that the time […]
DGTO’s decision to bar 15 fake trade bodies from voting hailed on December 26, 2020Chairman United Business Group (UBG) and veteran trade leader Iftikhar Ali Malik Friday hailed the timely decision of Director General Trade Orgnisation (DGTO) barring 15 fake trade bodies of Balouchistan for casting votes in the annual election of Federation of Pakistan Chamber of Commerce and Industry (FPCCI). Talking to newsmen here, he said that it […]
Businessmen oppose extra withholding tax on new cars on December 26, 2020The business community on Friday strongly opposed the additional withholding tax on sale of new cars on the pretext of controlling ‘On Money’ practice, stating the decision would further enhance the prices of already expansive vehicles in the country. PIAF chairman Mian Nauman Kabir said that the government has decided to impose up to Rs200,000 […]
USPICC appoints two business leaders for Pakistan chapter on December 23, 2020The US-Pakistan International Chamber of Commerce (USPICC) has appointed two leading business leaders for their Pakistan chapter. The chairman of USPICC Siddique Sheikh and the board of the chamber have approved appointment of Muhammad Ahmed as President of Pakistan Chapter for two years while Malik Sohail Hussain has been appointed as Secretary General for five […]
Old buildings of Pakistan Railways to be restored to generate revenue: Swati on December 21, 2020Railways Minister Azam Khan Swati has said that the government is making all out efforts to bring reforms in the national institutions. Talking to newsmen in Lahore on Sunday, he said that all old buildings of Pakistan Railways will be restored and renovated to generate revenue. The Minister said that he has set a target […]
Govt working on comprehensive plan to introduce modern technology: KP CM on December 21, 2020Chief Minister Khyber Pakhtunkhwa Mahmood Khan has stated that government is working on a comprehensive plan to introduce modern technology and provide latest medical equipment in all major hospitals of the province. Talking to a delegation of Mardan in Peshawar on Sunday, he said pragmatic steps are underway to strengthen health sector in the entire […]
Metro Bus employees in RWP, ISB again on strike on December 8, 2020The Metro Bus employees in Rawalpindi and Islamabad, once again went on strike. According to the employees, the Metro administration didn’t fulfill the promises of previous strike. The employees closed the ticket booths of all the stations, due to which the passengers have to face severe difficulties. The Metro Bus ticketing employees, last month, went […]