BFC appreciable step of current govt: President FCCI

FAISALABAD, Jan 31 (APP):Establishment of Business Facilitation Centres (BFC) across the province on the proposal of Faisalabad Chamber of Commerce & Industry (FCCI) is an appreciable step of the current government which would also facilitate issuance of NOC in a hassle free and congenial environment, said Dr Khurram Tariq President FCCI. He was talking to… Continue reading BFC appreciable step of current govt: President FCCI

SBP announces public holiday on Feb 5

KARACHI, Jan 31 (APP):The banks will remain closed on Monday, February 5, 2024, on the occasion of Kashmir Day. The State Bank of Pakistan will remain closed on 5th February 2024 (Monday) being a public holiday on the occasion of ‘Kashmir Day’ as declared by the Government of Pakistan, said a statement issued here on… Continue reading SBP announces public holiday on Feb 5

Chambers call for deferring PoS system’s implemenation

MULTAN, Jan 31 (APP):Chambers of Commerce and Industries (CCIs) from across South Punjab and small traders representatives on Wednesday urged the government to defer linking of Fast Moving Consumer Goods (FMCG) sector with Point of Sale (PoS) system from February 1. Addressing a press conference, President Multan Chamber of Commerce and Industry (MCCI) Mian Rashid… Continue reading Chambers call for deferring PoS system’s implemenation

Civil service academy officers visit CCP for interactive session

ISLAMABAD, Jan 31 (APP):As part of their training under 51st Common Training Programme (CTP), a syndicate group of 20 probationary officers from the Civil Service Academy, visited the Competition Commission of Pakistan (CCP) for an interactive session.            Saeed Ahmad Nawaz, member office of Fair Trade Market Intelligence Unit (MIU), CCP,… Continue reading Civil service academy officers visit CCP for interactive session

Country economy could be stabilized by strengthening industrial sector

HYDERABAD, Jan 31 (APP):The Chairman of the sub-committee for Industrial Affairs of Hyderabad Chamber of Commerce and Industry Salahuddin Qureshi has said that the economy of the country could be stabilized by strengthening Industries as the Industry of any country is the backbone of industrial uplift. He expressed these views while Chairing a meeting with… Continue reading Country economy could be stabilized by strengthening industrial sector

Business community hails, FBR reconstruction, digitization plan

ISLAMABAD, Jan 31 (APP):The business community on Wednesday declared Federal Board of Revenue (FBR) reconstruction and digitization plan as extremely important for the development and sustainability of the country’s economy. The federal cabinet approved FBR’s reconstruction and digitization plan which was an important step of the current interim government and was welcomed by the business… Continue reading Business community hails, FBR reconstruction, digitization plan

Minister discusses sugar payment to TCP

LAHORE, Jan 31 (APP):Caretaker Provincial Minister for Industry and Commerce SM Tanveer chaired a meeting at Committee Room of Punjab Food Department on Wednesday to discuss the matter of payment for imported sugar to the Trading Corporation of Pakistan (TCP) for the fiscal years 2020-21 and 2021-22. A ministerial committee was constituted regarding release of… Continue reading Minister discusses sugar payment to TCP

PSX turns around to bullish trend, gains 137 points

ISLAMABAD, Jan 31 (APP):The 100-index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Wednesday, gaining 137.44 points, a positive change of 0.22 percent, closing at 61,979.18 points against 61,841.74 points the previous trading day. A total of 276,464,818 shares valuing Rs 9.271 billion were traded during the day as compared to… Continue reading PSX turns around to bullish trend, gains 137 points

Macroeconomic stabilization leads to improvement in economic activities: Report

ISLAMABAD, Jan 31 (APP):The country’s economy experienced a notable stabilization during the first half of the current fiscal year (2023-24), owing to implementation of effective measures and prudent policies by the interim government that played a pivotal role in achieving this milestone. “The first half of FY2024 has ended with economic stabilization. The government’s effective… Continue reading Macroeconomic stabilization leads to improvement in economic activities: Report

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FTO entertains 8,129 complainants, gets refunded Rs 17.74b to aggrieved tax payers

LAHORE, Jan 31 (APP): Minister of State and Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has entertained a record number of 8,129 complainants against malpractice of Federal Board of Revenue (FBR) and its tax collectors across the country during last one year bedsides getting refund of Rs 17.74 billion to aggrieved tax payers. FTO… Continue reading FTO entertains 8,129 complainants, gets refunded Rs 17.74b to aggrieved tax payers

Tea import bill up by 5.53 percent to $336.4 mln in 6 months

ISLAMABAD, Jan 31 (APP):Tea imports into the country witnessed an increase of 5.53 percent during the first half of current fiscal year as compared to the last year’s corresponding period, Pakistan Bureau of Statistics (PBS) reported. The tea imports into the country increased up to $336.423 million during July-December (2023-24) compared to the imports of… Continue reading Tea import bill up by 5.53 percent to $336.4 mln in 6 months

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