ISLAMABAD, Aug 29 (APP): National locust Control Center (NLCC) had surveyed about 151,626 hectares of land during the last 24 hours and carried out anti-locust operation over 450 hectares of District Lasbella of Balochistan and 300 hectares of district Tharparkar of Sindh. A press release issued by the Ministry of National Food Security and Research… Continue reading NLCC surveyed 151,626 hectares in 24 hours, no locust find in KP, Punjab
Category: Business
Business news from Pakistan
High Commissioner of Nepal stresses to explore investment avenues among SAARC
ISLAMABAD, Aug 29 (APP): High Commissioner of Nepal to Pakistan Ms Sewa Adhikari Saturday stressed urgent need for exploring investment avenues in various sectors among SAARC (South Asian Association for Regional Cooperation) member countries. Talking to a delegation led by Iftikhar Ali Malik, President SAARC Chamber of Commerce and Industry which called on her, she… Continue reading High Commissioner of Nepal stresses to explore investment avenues among SAARC
Rice exporter’s organizes first aid training for rice Agri-women families
ISLAMABAD, Aug 29 (APP): Rice exporter’s and philanthropic organizations organized the first aid training for rice transplanter’s planter’s women and their families in different district of Punjab province. The organization including Rice Partners Ltd (RPL) in collaboration with Helvetas Pakistan organized the “One Day First Aid Training” for rice transplanter’s families in four villages namely… Continue reading Rice exporter’s organizes first aid training for rice Agri-women families
FBR unearths billion of rupees money laundering
ISLAMABAD, Aug 28 (APP):The Federal Board of Revenue (FBR) has unearthed billions of rupees money laundering scam after following Suspicious Transactions Report (STR) of different suspected person having suspicious transactions. In order to meet the requirement of Financial Action Task Force (FATF), on the direction of federal government and FBR, the Directorate General Intelligence and… Continue reading FBR unearths billion of rupees money laundering
OGDCL makes another oil & gas discovery in Kohat
ISLAMABAD, Aug 28 (APP):Oil and Gas Development Company Limited (OGDCL) Friday announced to strike another oil & gas discovery at its exploratory well Sayyab-1 in district Kohat of Khyber Pakhtunkhwa province. The Barati Exploratory Block, where the company made a new find, is a joint venture between OGDCL and Khyber Pakhtunkhwa Oil and Gas Company… Continue reading OGDCL makes another oil & gas discovery in Kohat
Exchange rate flexibility helps Pakistan reducing external vulnerability: IIF
ISLAMABAD, Aug 28 (APP): The Institute of International Finance has said that the exchange rate flexibility in Pakistan was helping the country to reduce external vulnerability. The Washington based global association of financial industry IIF in its report “Pakistan: Commitment to Reform Faces a Test” said Pakistan’s exchange rate was market-determined and had depreciated by… Continue reading Exchange rate flexibility helps Pakistan reducing external vulnerability: IIF
FBR assures to clear all pending refunds of business community
ISLAMABAD, Aug 28 (APP): Federal Board of Revenue (FBR) will clear all pending refunds of business community with backlog, besides it is working to evolve a mechanism to promote ease of doing business and transparency. This was stated by Dr. Muhammad Ashfaq Ahmed, Member (Inland Revenue -Operations), FBR while, addressing the business community at Islamabad… Continue reading FBR assures to clear all pending refunds of business community
FBR directs field offices to stop smuggling of food items
ISLAMABAD, Aug 28 (APP): The Federal Board of Revenue (FBR) here Friday issued strict instructions to its field offices to implement the directions of the Prime Minister regarding prevention of smuggling of food items out of the country. The instructions have been issued to the Directorate General of Intelligence & Investigation Customs, Islamabad and Chief… Continue reading FBR directs field offices to stop smuggling of food items
Conducive business climate to improve investment, growth: secretary BOI
ISLAMABAD, Aug 27 (APP): Federal Secretary Board of Investment (BOI) Fareena Mazhar on Thursday expressed optimism that better and conducive business climate would be instrumental to improve investment and growth in the country. She emphasized the importance of strengthening BOI’s efforts to promote investment in Pakistan. Secretary BOI said this while addressing a seminar on… Continue reading Conducive business climate to improve investment, growth: secretary BOI
China committing huge investment under CPEC: Asim Bajwa
ISLAMABAD, Aug 27 (APP): Special Assistant to the Prime Minister on Information and Broadcasting Lt Gen (retd) Asim Saleem Bajwa Thursday said the Chinese government and private sector had recently committed huge investment worth billions of dollars under China Pakistan Economic Corridor (CPEC) in Pakistan. Referring to a news item published in a section of… Continue reading China committing huge investment under CPEC: Asim Bajwa
Physical work on two private sector LNG terminals to commence in few months
ISLAMABAD, Aug 27 (APP): Two multinational companies are all set to start physical work on setting up their Liquefied Natural Gas (LNG) terminals during next few months after the government opened up the energy sector under its ease-of-doing-business strategy. “The government had allowed five private sector companies to establish their own LNG terminals, out of… Continue reading Physical work on two private sector LNG terminals to commence in few months
Pakistan’s earns US $1438 million from IT services’ export during FY 2019-20
ISLAMABAD, Aug 27 (APP): Pakistan earned US $ 1438.827 million by providing different information technology (IT) services in various countries during July-June (2019-20). This shows growth of 20.72 percent when compared to US $ 1191.864 million earned through provision of services during the corresponding period of fiscal year 2018-19, Pakistan Bureau of Statistics (PBS) reported.… Continue reading Pakistan’s earns US $1438 million from IT services’ export during FY 2019-20
Asad Umar directs for provision of telecom, broadband facilities in Southern Balochistan
ISLAMABAD, Aug 26 (APP): Minister for Planning, Development and Special Initiatives, Asad Umer on Wednesday directed the authorities concerned to work for provision of telecom, broadband facilities in Southern Balochistan. He was chairing a meeting to discuss various proposals for development of Southern Balochistan. He urged the officials to device a comprehensive plan within a… Continue reading Asad Umar directs for provision of telecom, broadband facilities in Southern Balochistan
Imam reaffirms Govt commitment to provide food commodities on affordable prices
ISLAMABAD, Aug 26 (APP): Minister for National Food Security and Research Syed Fakhar Iman on Wednesday reiterated the government’s resolve to ensure adequate supply of essential food commodities, particularly wheat and flour, on affordable prices to common man across the country. Addressing a press conference along with Minister for Information and Broadcasting Senator Shibli Faraz,… Continue reading Imam reaffirms Govt commitment to provide food commodities on affordable prices
WB to provide $ 450 mln for development of KP energy sector
PESHAWAR, Aug 26 (APP):World Bank (WB) agreed to provide financial assistance of $ 450 million for initiating two hydel power projects in Swat that would generate 254 megawatt electricity. It was said in a high level meeting attended by Senior Energy Specialist of World Bank, Muhammad Saqib, CM adviser on Energy, Himayat Ullah Khan, Secretary… Continue reading WB to provide $ 450 mln for development of KP energy sector
ADB issues $3 b 5-year global benchmark bond
ISLAMABAD, Aug 26 (APP):The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a $3 billion 5-year global bond, proceeds of which will be part of ADB’s ordinary capital resources. “We looked at the post-summer issuance window and saw an opportunity to add a new 5-year to our global… Continue reading ADB issues $3 b 5-year global benchmark bond
Razak suppose to delays in exports consignments in months of August
ISLAMABAD, Aug 26 (APP): Adviser to the Prime Minister for Commerce and Investment on Wednesday expected that the country’s exports consignments are being delayed and it appear that because of the heavy rains, particularly in Karachi. Pakistan exports for the month of August may be affected; the advisor said this on his official tweets here… Continue reading Razak suppose to delays in exports consignments in months of August
Petroleum Division plans ‘physical work’ on PARCO coastal refinery before next summer
ISLAMABAD, Aug 26 (APP): The Petroleum Division is planning to start ‘physical work’ on the much-delayed Pakistan Arab Refinery Company (PARCO) Coastal Refinery before the next summer to achieve self-reliance in the oil production sector. “All formalities including the refinery’s design, licensing, engineering work, sizing and product-slab have been completed. Hopefully the physical work on… Continue reading Petroleum Division plans ‘physical work’ on PARCO coastal refinery before next summer
SBP defers Rs644 billion loan payments under refinancing scheme
ISLAMABAD, Aug 26 (APP): The State Bank of Pakistan (SBP) under its refinancing scheme for protecting businesses from the impact of coronavirus (COVID19), has so far deferred Rs644,083 principal repayments of loans up to one year. The central bank had launched the refinancing scheme in collaboration with Pakistan Banks Association for deferment of principal amount… Continue reading SBP defers Rs644 billion loan payments under refinancing scheme
Framework Agreement on CPEC-IC to help SEZs development: Chairman BOI
ISLAMABAD, Aug 25 (APP):The Minister of State and Chairman Board of Investment (BOI) Atif R. Bokhari on Tuesday said that signing of a mutually beneficial Framework Agreement on Industrial Cooperation (IC) under China Pakistan Economic Corridor (CPEC) would realize the vision of special economic zones’ (SEZs) development, ultimately leading to a prosperous and industrial country… Continue reading Framework Agreement on CPEC-IC to help SEZs development: Chairman BOI
- Registration of pilgrims under private Hajj scheme in progress with affordable packages: Ashrafi
- Met predicts cloudy weather, heavy rains in upper districts
- President condemns terrorist attack on Customs officials in DIKhan
- Pak-China ties rapidly growing due to CPEC, Chinese language further fostering them: PM
- Rain spell: Wheat crop flooded in some areas of Kot Addu
