Govt urged to provide relief to general public
The masses facing runaway inflation are not interested in new provinces or division of provinces and they want some relief, it said, The recent demand for the division of Sindh by a political party was also an attempt to divert the attention of masses away from rising food prices and skyrocketing tariffs, said Said Dr. Murtaza Mughal, President PEW.
Hafeez Shaikh reviews budget proposals
Meanwhile, the federal government released 86% or Rs 578.8 billion out of total allocation of Rs 675 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new social sector uplift projects. Under its development program, the government has released an amount of Rs 22.9 billion for federal ministries, whereas Rs 22.91 billion for corporations and ...
Zameen Opal launched
Lahore (PR) Zameen Developments organised the official groundbreaking ceremony for its first residential project in Lahore, titled Zameen Opal. The project, fully owned and being developed by Zameen Developments, will comprise modern residential apartments that offer all the facilities expected of a top-notch construction of this scale and developmental prowess. Zameen Developments is born of this desire to address ...
British Airways’ return to help boost inbound tourism: PTDC
ISLAMABAD???? -? Pakistan Tourism Development Corporation (PTDC) Chairman Sayed Zulfikar Abbas Bukhari has said that the resumption of British Airways (BA) in Pakistan would help boost inbound tourism in the country recounting his government?s achievement on socio-economic front. The inflow of foreign tourist would surely increase in the country due to the entrance of United Kingdom?s second largest airline ...
Venomous snakes: Genetic diversity and phylogenetic relationship in Big Four
Muhammad Rizwan Ashraf, Ph.D. Scholarat Institute of Biochemistry and Biotechnology, University of Veterinary and Animal Sciences, Lahore under the supervision of Dr. Asif Nadeem conducted a research in collaboration with The University of Texas at Arlington, Texas U.S.A. on ?Big Four? (Common Krait, Black Cobra, Russell?s viper and saw-scaled viper) snakes in Pakistan through DNA (Deoxyribonucleic Acid) analysis and ...
Businessmen pin hopes on Chinese vice president’s visit
ISLAMABAD?? -?? Faisalabad Industrial Estate Development and Management Company (FIEDMC ) Chairman Mian Kashif Ashfaq Sunday said Vice President of China Wang Qishan?s visit to Pakistan would herald new vistas of economic cooperation and a milestone in further cementing bilateral relationship between both the friendly countries on sound footings. Talking to media, Mian Kashif Ashfaq said that Pakistan under ...
Crippling economic situation in Pakistan
In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. There is no consensus, however, and financial crises continue to occur from time ...
Pakistan Post increases revenue by Rs6b
ISLAMABAD? -? Federal Minister for Communications and Postal Services Murad Saeed has said under the dynamic leadership of Prime Minister Imran Khan, had increased its revenue by Rs6 billion within a year. He said, ?I feel happy to see that as an important department of the country is flourishing.? He said the public money had to spend on ...
Food imports dip 9.85pc in 10 months
Similarly, import of pulses also fell to $432.54 million in the corresponding period of current fiscal year against the import worth of $442.7 million in same period of last year thus showing a decrease of 2.3%. According to trade data released by Pakistan Bureau of Statistics (PBS), the tea import however recorded a nominal increase of 0.61% as the ...
Hybrid wheat to revolutionise agri sector
MULTAN?? -?? The agriculture scientists of Muhammad Nawaz Sharif University of Agriculture (MNSUA) developed climate resilient hybrid wheat seeds, which offered 35 to 40 percents more wheat production as compared to other commonly used wheat seeds. However, the hybrid wheat did not undergo any loss but it offered handsome production, this was stated Chairman Department of Office of Research, ...
Motorbikes’ production declines 6.78pc
According to latest data released by Pakistan Automobile Manufacturing Association (PAMA), the motorbikes? production decreased from 1.6 million units in July-April 2017-18 to 1.494 million units in first 10 months of current fiscal year. On yearly basis, the production of motorbikes also fell to 151,873 units in April 2019 from 178,488 units in same month of the preceding year, ...
Local POL production falls 6pc
ISLAMABAD - The overall production of petroleum commodities has witnessed a decline of 6 percent during first three quarters of the current fiscal year as compared to corresponding period of last year. The POL products that showed negative growth include Jet Fuel Oil, production of which decreased by 4.87 percent during July-March (2018-19) compared to the last year, ...
Eid shopping picks up momentum
The shopkeepers said that sale of different items have been increased these days, though people seemed reluctant to visit markets due to hot weather. Beauticians claimed that despite a rapid growth in parlors they are finding it difficult to cope with an unprecedented rush of customers, with more and more beauty conscious women visiting them on Eid. Many beauticians ...
PM meets businessmen to get feedback on economic policies
Staff Reporter Islamabad Prime Minister Imran Khan Sunday met a delegation of the business community to get their feedback on the country?s economic condition and government?s policies. During the interaction, the prime minister said the government wanted to build a strong partnership with the business sector to enable it play a major role in country?s economic progress. ...
Budget proposals reviewed Finance Adviser directs FBR to make tax collection process easier
On the occasion, Chairman Federal Board of Revenue (FBR), Shabbar Zaidi gave a presentation about the budget proposals for the 2019-2020 and proposed various steps to expand the tax base and increase revenues, said a press statement issued by the Financce Ministry here.
British Airways return helps boost inbound tourism: Zulfikar
Staff Reporter Islamabad Chairman Pakistan Tourism Development Corporation (PTDC) Sayed Zulfikar Abbas Bukhari has said that the resumption of British Airways (BA) in Pakistan would help boost inbound tourism in the country recounting his government?s achievement on socio-economic front. The inflow of foreign tourist would surely increase in the country due to the entrance of United Kingdom?s second largest airline ...
Food imports dip 9.85pc in 10 months
According to trade data released by Pakistan Bureau of Statistics (PBS) on Monday, the tea import however recorded a nominal increase of 0.61% as the country imported $495.957 million worth of tea during first 10 months of current fiscal year while during same period of last year, the tea import stood at $492.966 million.
SCO has great potential for expansion on economic front: Norov
He said the demonstration area offered a good platform for deepening cooperation, adding: ?It can collaborate with other SCO industrial parks and demonstration areas to promote the development of new overseas economic and trade cooperation zones, as well as large-scale international transport and logistics corridors.? An effective mechanism was needed to this end, and the SCO Secretariat was ready ...
EU commercial vehicle market expands 5.8pc
Istanbul The EU market for commercial vehicles posted an annual growth of 5.8% during the first four months of 2019, the European Automobile Manufacturers? Association (ACEA) reported.
J. begins new era
Staff Reporter Karachi J. was established in 2002 with a unique philosophy to revive the country?s cultural heritage in terms of apparel and soon became one of the most recognizable clothing brands in South East Asia, having won Brand of the Year Award in the fashion retail category for 3 consecutive years. Fragrances has lived up to its name by ...
