PARC delegation visits China to explore agriculture collaboration
Observer Report Islamabad A delegation comprising of members from Farmer Associates of Pakistan (FAP) and Pakistan Agriculture Research council (PARC) recently visited China on the invitation of Embassy of China. The objective of the visit was to meet Policy Makers, Research Institutions, Teaching Institutes, Farmers? Organizations and Business Entities of China and learn from their experience in ground breaking work ...
Chairman FBR meets presidents of different Chambers
Talking at the outset the Presidents appreciated various steps taken by Chairman FBR and Assets Declaration Scheme-2019 announced by the Government saying that these measures would help to expend tax net and promote tax culture in the country.
Govt to provide loans for execution of tech-based business ideas
Staff Reporter Islamabad Federal Minister for Science and Technology Chaudhry Fawad Hussain on Wednesday announced to provide loans for execution of technology based business ideas.
LCCI hails amnesty
?It is a good step that every Pakistani citizen ? except for public office holders and their dependents ? could avail this scheme to declare all previously undisclosed assets either abroad or in Pakistan?, the LCCI President said. He said that the scheme would also facilitate holders of benami (nameless) accounts and properties in declaring their assets before they ...
Oil supply drops as Iran sanctions bite: IEA
Paris The world?s oil supply fell last month, the International Energy Agency said Wednesday, amid rising global tensions as US sanctions on Iran tightened and OPEC+ members produced less crude in line with their pact. In its latest monthly report on the global oil market, the Paris-based IEA said that while geopolitics and industry disruptions were clouding the outlook it ...
Descon to plant over 2,000 trees
As an environmentally friendly organization, Descon collaborated with Go Green Lahore, to plant more than 2,000 trees at the Bulley Shah Interchange as part of the Drive. This plantation drive will help turn the vacant area of the Interchange into a greenbelt populated with a variety of indigenous trees such as Sumbul, Peepal, Neem and Sukh Chain among others. ...
French Police Detain 6th Suspect In Strasbourg Christmas Market Attack Case - Reports
MOSCOW (UrduPoint News / Sputnik - 16th May, 2019) The anti-terror subdivision of the French has detained the sixth suspect in the case of the deadly on the in last , local reported.
ECC allows 150MW additional power supply to Karachi
ISLAMABAD - The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved a proposal of Power Division to allow additional supply of 150MW of power through national grid to K-Electric so as to address power shortage in Karachi. The Committee approved the proposed procurement target of wheat crop for the year 2018-19 to the tune of 5.15 million ...
Gold price soars
ISLAMABAD - According to Karachi Sarafa Association, the price of 24 karat gold soared by Rs 400 on Wednesday and was traded at Rs 71,100 per tola as compared to the last closing at Rs 70,700. According to the Rawalpindi-Islamabad local Sarafa Association, the per tola price of 24-karat gold in the twin cities of Rawalpindi and Islamabad decreased ...
Stock market gains 406 points
The three top traded companies were K-Electric Limited with a volume of 9,164,500 and price per share of Rs 4.22, Maple Leaf with a volume of 8,851,000 and price per share of Rs 21.33 and Bank of Punjab XD with a volume of 7,563,000 and price per share of Rs 11.42.
Govt striving to promote business friendly environment: Alvi
Talking to a delegation headed by Chairman Pakistan Textile Exporters Association Khurram Mukhtar here on Wednesday, he said tough economic conditions of the country call for taking difficult decisions, but the government is committed to improve the economy. Government is also striving to reduce the cost of doing business and has introduced sales tax zero-rating regime for five export ...
‘Agreement with IMF to end uncertainty’
KARACHI - President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said the long-delayed agreement with IMF may help calm the markets. Talking to the business community, Mian Zahid Hussain said that the country is also facing ...
Rupee depreciation fails to boost country’s exports
However, Pakistan?s exports reduced by 1.54 percent to $2.09 billion in April this year, which is alarming sign for the economy. According to the latest data of Pakistan Bureau of Statistics (PBS), the country?s exports had come down by 0.12 percent to $19.17 billion in ten months (July to April) of the ongoing fiscal year over the same period ...
Offshore drilling near Karachi coast completed
A consortium comprising of ExxonMobil, ENI, Oil and Gas Development Company, and Pakistan Petroleum Limited conducting the drill stem test to determine the real size of the oil and gas reserves in the Kekra-1 well, located around 280 kilometers away from Karachi, sources said.
APCC meeting postponed for 3rd time in less than a week
APCC meeting postponed for 3rd time in less than a week. For best experience download and install PkShorts app on your smartphone
Askari Life, HRSG partner to offer saving solutions
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Corporate corner
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Yemeni Gov't Insists Al Hudaydah Port Revenues Should Be Kept In Gov't-Controlled Bank
On Monday, Yemen's warring parties started fresh talks, just two days after Houthi forces began withdrawing from Yemen's three key Red Sea ports, including Al Hudaydah. "Houthis want all revenues from Al Hudaydah port to be transferred to the central bank, located in Sanaa and controlled by them, which is unacceptable and illogical. We insist that only one central ...
Oman Calls For Regional Unity To Protect Navigation At Sea After Oil Tanker Attacks
On Sunday, media reported that four oil vessels flying under the flags of Norway, Saudi Arabia and the United Arab Emirates (UAE) were targeted by "sabotage operations" in vicinity to Fujarah, a UAE bunkering port in close proximity to Iran. "The Sultanate expresses its regrets and rejects any irresponsible actions, stressing the importance of joint regional and international efforts ...
ADS 2019 To Attract People To Enter Into The Tax Net: Rawalpindi Chamber Of Commerce And Industry
After meeting with Chairman FBR, Shabbar Zaidi, RCCI President remarked that Chamber is ready to provide all time assistance and cooperation in organizing awareness session on the scheme and we will invite FBR Chairman and other representatives from the finance ministry.
