The sales of vehicles in the country during July to March of the current fiscal year were down 6 percent to 153,557 units mainly because of drop in Suzuki and Toyota car sales. “People are
The Pakistan Water and Power Development Authority (WAPDA) awarded the contract of consultancy services worth Rs.868 million through an international competitive bidding for 2nd Rehabilitation of Warsak Hydroelectric Power Station to a Joint Venture comprising
Water and Power Development Authority has submitted a request to National Electric Power Regulatory to raise the power tariff from the electricity generated from hydel projects. The current tariff has been around Rs 1.88 kilow
Pakistan government has come with a plan to end the circular debt through the issuance of bonds having maturity of three to five years, said an official close to finance ministry and banking industry. The
Overseas Pakistanis remitted around $330 million less during the first nine months of the current fiscal year compared to same period last year owing to falling revenues of oil producing countries and some harsher conditions
Securities Exchange Commission of Pakistan has decided to amend rules pertaining to issuance of Sukuk, reducing the cost of issue and easing the regulatory burden to develop Islamic capital market. The proposed amendments include waiving
A delegation of SECP officials along with senior officers of US Department of Commerce met the Pakistan ambassador to United States, Aizaz Ahmad Chaudhry at the Pakistan Embassy in Washington, DC, at his special invitation.
Prime Minister Muhammad Nawaz Sharif chaired a meeting of the Cabinet Committee on Energy in Islamabad today. Secretary Water & Power briefed the meeting on the surge in power demand due to early rise in
The Overseas Investors Chamber of Commerce and Industry (OICCI) submitted comprehensive “Taxation Proposals” for the upcoming 2017-18 Sindh Budget representing the collective recommendations of foreign investors. OICCI proposals are focused on accelerating Economic Growth and
India and Russia are inching towards finalizing the plan to construct 7200 kilometer long network comprising sea route, railways and road links to boost trade in the region. The new one belt one road would
Cotton production in the country might register decline in the season of 2017-18 owing to delay in harvesting and less supply of water in Sindh irrigation system. Normally harvesting begins in March but this year,
Five companies have shown interest in Pakistan along with local partners to set up auto plants, i.e. assembling series of vehicles belonging to small to large units like long or heavy trailers. “The groups will
The Securities and Exchange Commission of Pakistan (SECP), during the month of March, registered 819 new companies witnessing an increase of 34 percent as compared to same month of preceding year. During the first nine
The petrol, high speed diesel and furnace oil imports in the country during the first nine months of the fiscal year recorded tremendous growth owing to higher economic activity under China Economic Corridor and lower
The Securities Exchange Commission of Pakistan in order to increase financial inclusion is providing enabling regulations for the non-banking microfinance institution segment. Zafar Abdullah, Commissioner, Specialized Companies Division, said this while speaking at a seminar
The sales of vehicles in the country during July to March of the current fiscal year were down 6 percent to 153,557 units mainly because of drop in Suzuki and Toyota car sales. “People are
The Pakistan Water and Power Development Authority (WAPDA) awarded the contract of consultancy services worth Rs.868 million through an international competitive bidding for 2nd Rehabilitation of Warsak Hydroelectric Power Station to a Joint Venture comprising
Water and Power Development Authority has submitted a request to National Electric Power Regulatory to raise the power tariff from the electricity generated from hydel projects. The current tariff has been around Rs 1.88 kilow
Pakistan government has come with a plan to end the circular debt through the issuance of bonds having maturity of three to five years, said an official close to finance ministry and banking industry. The
Overseas Pakistanis remitted around $330 million less during the first nine months of the current fiscal year compared to same period last year owing to falling revenues of oil producing countries and some harsher conditions
Securities Exchange Commission of Pakistan has decided to amend rules pertaining to issuance of Sukuk, reducing the cost of issue and easing the regulatory burden to develop Islamic capital market. The proposed amendments include waiving
A delegation of SECP officials along with senior officers of US Department of Commerce met the Pakistan ambassador to United States, Aizaz Ahmad Chaudhry at the Pakistan Embassy in Washington, DC, at his special invitation.
Prime Minister Muhammad Nawaz Sharif chaired a meeting of the Cabinet Committee on Energy in Islamabad today. Secretary Water & Power briefed the meeting on the surge in power demand due to early rise in
The Overseas Investors Chamber of Commerce and Industry (OICCI) submitted comprehensive “Taxation Proposals” for the upcoming 2017-18 Sindh Budget representing the collective recommendations of foreign investors. OICCI proposals are focused on accelerating Economic Growth and
India and Russia are inching towards finalizing the plan to construct 7200 kilometer long network comprising sea route, railways and road links to boost trade in the region. The new one belt one road would
Cotton production in the country might register decline in the season of 2017-18 owing to delay in harvesting and less supply of water in Sindh irrigation system. Normally harvesting begins in March but this year,
Five companies have shown interest in Pakistan along with local partners to set up auto plants, i.e. assembling series of vehicles belonging to small to large units like long or heavy trailers. “The groups will
The Securities and Exchange Commission of Pakistan (SECP), during the month of March, registered 819 new companies witnessing an increase of 34 percent as compared to same month of preceding year. During the first nine
The petrol, high speed diesel and furnace oil imports in the country during the first nine months of the fiscal year recorded tremendous growth owing to higher economic activity under China Economic Corridor and lower
The Securities Exchange Commission of Pakistan in order to increase financial inclusion is providing enabling regulations for the non-banking microfinance institution segment. Zafar Abdullah, Commissioner, Specialized Companies Division, said this while speaking at a seminar
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