SIALKOT, Sep 12 (APP): Adviser to the Prime Minister on Commerce, Textile, Industries, Production and Investment Abdul Razak Dawood has said that the government was evolving effective policies to boost industrial sector. He said that the business community was being taken into confidence for complete implementation on business and investment-friendly policies in the country. He… Continue reading Effective policies being evolved to boost industry:Dawood
Category: Business
Business news from Pakistan
Economy moves forward on right path after gaining stability: Dr. Abdul Hafeez Shaikh
KARACHI, Sep 12 (APP): Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh said economy was now moving forward on the right path after gaining stability due to the Pakistan Tehreek-e-Insaf (PTI) government’s prudent and timely policies. He expressed these views while addressing the meeting of business community organized by Overseas… Continue reading Economy moves forward on right path after gaining stability: Dr. Abdul Hafeez Shaikh
Govt to resolve GIDC issue in accordance with SC decision
ISLAMABAD, Sep 11 (APP): After detailed deliberations with the representatives of fertilizer industry and APTMA, the government Friday decided to resolve the Gas Infrastructure Development Cess (GIDC) issue in the light of the Supreme Court decision. However, the government would also support the industry in the post Corona environment, said Adviser to the Prime Minister… Continue reading Govt to resolve GIDC issue in accordance with SC decision
Advisor briefed on PSW progress
ISLAMABAD, Sep 10 (APP): Advisor to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh was briefed here on Thursday about the progress on the Pakistan Single Window (PSW). He was chairing the 5th meeting of the PSW Steering Committee here at the FBR Headquarters, according to press statement issued by the Finance… Continue reading Advisor briefed on PSW progress
Rice exporters organize training to protect rights of agri women’s children
ISLAMABAD, Sep 10 (APP): Top rice exporters of Pakistan Thursday arranged training workshop to train the women as well as rice millers to sensitize them regarding basic Juvenile right of the children of female agriculture workers, especially the rice transplanters. “We are providing best facilities for promoting decent working conditions for the rice transplanter women… Continue reading Rice exporters organize training to protect rights of agri women’s children
Subgroup constituted to streamline NADRA, FBR data-sharing process
ISLAMABAD, Sep 10 (APP): Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh Thursday constituted a subgroup of FBR Policy Board members to point out and redress the difficulties that hinder the progress on data-sharing between National Database and Registration Authority (NADRA) and Federal Board of Revenue (FBR). Chairing the second… Continue reading Subgroup constituted to streamline NADRA, FBR data-sharing process
Metallic minerals including copper, chromite, iron ore exist in Chitral
ISLAMABAD, Sep 10 (APP): The Geological Survey of Pakistan (GSP) has carried out different surveys in Chitral and surrounding areas, which identified presence of metallic minerals including copper, chromite and iron ore suggesting detailed exploration for their quantification. “A number of geological, geophysical and geochemical surveys have been carried out by the GSP in Chitral… Continue reading Metallic minerals including copper, chromite, iron ore exist in Chitral
FBR launches tax filing mobile-phone application, simplifies tax return form
ISLAMABAD, Sep 9 (APP): The Federal Board of Revenue (FBR) Wednesday launched user-friendly mobile application for filing income tax returns and also introduced a new and simplified tax return form to facilitate filers to file their return with ease. Briefing the media about the various features of the application and new tax form, which is… Continue reading FBR launches tax filing mobile-phone application, simplifies tax return form
ECC approves formation of advisory committee for release of unsold NGMS spectrum
ISLAMABAD, Sep 9 (APP): The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved the formation of an Advisory Committee for the release of unsold Next Generation Mobile Services (NGMS) spectrum. The meeting of the cabinet committee was chaired by Adviser to Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh, according to press… Continue reading ECC approves formation of advisory committee for release of unsold NGMS spectrum
Large scope of cooperation exists between CASs, Pakistan, China under CPEC: Speakers
ISLAMABAD, Sep 09 (APP): Speakers at a webinar said on Wednesday that there was a large scope for cooperation on China Pakistan Economic Corridor (CPEC) among China, Pakistan and the Central Asian States (CASs) which includes energy production, mining industry, food industry and agriculture. The webinar titled “China Pakistan Economic Corridor & Central Asia: Evolving… Continue reading Large scope of cooperation exists between CASs, Pakistan, China under CPEC: Speakers
Business community asked to capitalize investment opportunities in Gwadar
Islamabad: Sep 09 (APP): Gwadar was emerging as a new port city of Pakistan and was destined to become a hub of industrial and investment activities, therefore, business community should gear up itself to fully capitalize on the emerging opportunities of business and investment in Gwadar and Baluchistan. This was stated by Chairman Senate Sadiq… Continue reading Business community asked to capitalize investment opportunities in Gwadar
Covid-19 triggered global economies
ISLAMABAD, Sep 8 (APP): The Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh on Tuesday said that Covid-19 pandemic had triggered the global crisis of a sort that have not seen since the great global depression and it was time to a collective action to achieve sustainable economic development. While, addressing the United… Continue reading Covid-19 triggered global economies
Asad reaffirms govt commitment to fast track WB funded projects
ISLAMABAD, Sep 8 (APP):Minister for Planning Development and Special Initiatives Asad Umar on Tuesday said that the government is committed to expedite the projects being funded by the World Bank to continue the reform agenda. The minister held an introductory meeting with the newly appointed Country Director of the World Bank in Pakistan Najy Benhassine,… Continue reading Asad reaffirms govt commitment to fast track WB funded projects
Finance ministry asked to submit details of jobs quota allocation
ISLAMABAD, Sep 8 (APP): The Senate Standing Committee on Finance, Revenue and Economic Affair Tuesday directed the Finance Ministry to submit details of working persons from the provinces of Sindh and Balochistan in ministry and its attached departments, besides providing the details of jobs quota allocated for these two provinces. The committee which met here… Continue reading Finance ministry asked to submit details of jobs quota allocation
Asad Umer welcomes newly appointed country director World Bank in Pakistan Najy Benhassine
ISLAMABAD, Sep 08 (APP): Federal Minister for Planning Development and Special Initiatives Asad Umar held an introductory meeting with the newly appointed Country Director of the World Bank in Pakistan, Najy Benhassine. Asad Umar welcomed the Country Director and appreciated the strong working relationship between the government of Pakistan and the World Bank, said a… Continue reading Asad Umer welcomes newly appointed country director World Bank in Pakistan Najy Benhassine
5 properties worth 156.45 million auctioned
ISLAMABAD, Sep 7 (APP): The Ministry of Privatization on Monday auctioned five properties worth of Rs.156.45 million owned by different ministries and division to create resources for economic development and prosperity. As a result of bidding against the reserve price of Rs140.525 million, ministry of privatization was successfully able to raise Rs 156.45 million for… Continue reading 5 properties worth 156.45 million auctioned
Pakistan potential destination for foreign investment, Hafeez informs investors
ISLAMABAD, Sep 07 (APP): Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh Monday urged foreign investors to invest in Pakistan, which has unique location that makes it the best potential destination for foreign investment. Chairing a meeting here with the delegation of FORTESCUE Metal Group Ltd Australia led by Mr.… Continue reading Pakistan potential destination for foreign investment, Hafeez informs investors
Hafeez Shaikh appreciates strong performance of PSX
ISLAMABAD, Sep 7 (APP): Advisor to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh Monday appreciated the strong performance of the Pakistan Stock Exchange (PSX) and congratulated it on being named the best performing market in Asia. The advisor was speaking at PSX gong ceremony to mark the successful book building and listing… Continue reading Hafeez Shaikh appreciates strong performance of PSX
NPMC directs province, ICT to take proactive measures for price control
ISLAMABAD, Sep 07 (APP): The National Price Monitoring Committee (NPMC) here Monday directed all provincial governments and Islamabad Capital Territory (ICT) administration to take proactive measures to control the undue price hike of essential items. The NPMC meeting was held under the Chairmanship of Special Finance Secretary, Mohsin Mushtaq Chandna to discuss the price trend… Continue reading NPMC directs province, ICT to take proactive measures for price control
Dawood greets Australian inventors for making investment in Pakistan
ISLAMABAD, Sep 7 (APP): Advisor to the Prime Minister on Commerce and Investment Abdul Razak Dawood Monday hailed the Australian inventors to make investment in different sectors of Pakistan. A delegation of Fortescue Metals Group Limited, headed by the Chairman of the group, Andrew Forrest, visited the Board of Investment (BOI) here, said a press… Continue reading Dawood greets Australian inventors for making investment in Pakistan