March 05, 2020: Airlines could lose up to $113 billion in revenues this year due to the coronavirus, equivalent to the damage experienced by the industry during the financial crisis, a trade body
March 5, 2020: The UK Government is developing its own scheme for the Generalized System of Preferences (GSP) to become effective from January, 2021 after completion of the transition period for Brexit. Additionally,
March 05, 2020: The Competition Commission of Pakistan (CCP) today conducted a search & inspection of the premises of two (02) companies based in Lahore and Gujranwala on the suspicion of facilitating a
March 05, 2020: Ambassador-designate of Pakistan to Poland, Malik Muhammad Farooq Thursday visited Islamabad Chamber of Commerce and Industry (ICCI) and held a meeting with its President, Muhammad Ahmed Waheed to discuss matters
March 05, 2020: Adviser to Prime Minister on Commerce Abdul Razak Dawood Thursday highlighted the importance of enhancing Pakistan-Brazil bilateral cooperation to exploit the existing potential of bio-energy (Ethanol) and value addition in
Mar 05, 2020: The government has released funds amounting to Rs 327.579 million during first eight months of the current fiscal year to execute 16 Aviation Division projects under the Public Sector Development
March 05, 2020: European stock markets diverged at the start of trade on Thursday, with London's benchmark FTSE 100 index of major companies down 0.1 percent at 6,812.16 points. In the euro zone,
Mar 05, 2020: The Non-Banking Financial Sector asset size by June, 2019 stood at Rs1,140 billion as compared to the asset size of Rs1,228 billion of last year's corresponding period. According to the
Mar 05, 2020: The Federal Board of Revenue (FBR) on Thursday clarified a news item published in a section of press relating to actual number of tax returns filed in Tax Year 2019
March 5, 2020: The Canadian Heavy Oil Association (CHOA), in conjunction with the Trade Commissioner Services of the Government of Canada, is organizing a Business Development Mission to Pakistan, focusing on the Oil
March 5, 2020: EU Ambassador in Pakistan Androulla Kaminara called on Foreign Minister Shah Mahmood Qureshi in Islamabad on Wednesday. Matters pertaining to trade and political cooperation between Pakistan and the European Union
March 5, 2020: Prime Minister Imran Khan says Pakistan is moving on the road to development with accelerated development spending. In a tweet, he said the rupee is stable, current account deficit down
March 5, 2020: Adviser on Commerce and Textile Abdul Razak Dawood has said the government is trying to facilitate the textile sector with affordable gas and electricity prices. Talking to Private TV Channel,
March 5, 2020: Prime Minister Imran Khan has directed to make relevant laws and regulations easier to provide facilities to the investors and businessmen. He was chairing the fifth meeting of Board of
March 05, 2020: Ministers from the OPEC group of oil-producing countries will meet in Vienna Thursday to try to overcome their divisions on how to react to the fall in oil prices in
February 6, 2019: The workers’ remittances witnessed a robust growth of 13.2 percent during the first quarter of the current fiscal year (2018-19), with inflows crossing the 5 billion dollars mark in a quarter for
February 6, 2019: Minister for Railways Sheikh Rashid Ahmed has said that 20 more passenger trains would soon be introduced to provide the best possible travel facilities to the people of remote areas. On demand
February 6, 2019: First meeting of the reconstituted 9th National Finance Commission (NFC) will be held in Islamabad today, with Finance Minister Asad Umar in the chair. The meeting will discuss the financial position of
ISLAMABAD, Feb 05: The Federal Board of Revenue (FBR) has started receiving live transactions of sales of finished articles of textile and leather, the board said here Tuesday. The eligible persons integrating or having already
Federal Board of Revenue (FBR) has revealed that the number of taxpayers has increased compared to last fiscal year. In a press release, FBR authorities informed that as many as 1.179 million tax returns were
ISLAMABAD, Feb 4: The Islamabad Chamber of Commerce and Industry (ICCI) has called upon the government to consider introducing single tax regime in the country that would help in reducing taxpayers’ problems, encouraging tax culture
February 4, 2019 (MLN): Ms Shazia Syed, Chief Executive Officer, Unilever Pakistan Limited has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2019 term. At the
February 4, 2019: The government should focus on inviting investment in petroleum refining and petrochemicals industries to cut oil import bill and enhance exports by towing the line of industrially developed countries which utilized petro-chemical
February 4, 2019: National Electric Power Regulatory Authority (NEPRA) Monday notified to increase the power tariff by Rs 0.5685 KWh on account of fuel price adjustment for the month of December 2018. As per the
February 4, 2019: Pakistan can get more economic, social and environmental benefits from its water, subject to urgent reforms to improve water use efficiency and service delivery, says a new report from the World Bank.
February 4, 2019: The exports of readymade garments earned $1,260,543 million during the first half of the current fiscal year (2018-19), showing growth of 0.89 percent over the corresponding period of last year. During
February 4, 2019: The Economic Coordination Committee (ECC) of the cabinet Monday approved funds of Rs833 million for Pakistan Machine Tool Factory (PMTF) to pay salaries and retirement benefits of its employees. The ECC meeting
February 4, 2019 (MLN): Standard and Poor’s (S&P) has lowered Pakistan’s long term sovereign rating from ‘B’ to ‘B-‘ with weaker prospects for external and fiscal recovery. The outlook for the long-term rating is stable.
February 4, 2019: The All Pakistan Textile Mills Association (APTMA) Chairman Syed Ali Ahsan has said that the textile industry has envisaged to undertake new investment initiatives for technology up-gradation and value addition which will
February 4, 2019 (MLN): As of February 1, 2019, around 10.6 million bales of cotton arrived at various ginneries all over Pakistan. As compared to the corresponding period of last year, this quantity is short
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