Business

M Jahangir Hayat LAHORE: President of the Islamic Republic of Pakistan Dr Arif Alvi has said that Pakistan will not only be having a good export market but it would ensure access to other neighboring countries. He said the diversification and value addition of products are a must to achieve higher exports and explore the yet untapped…

Our Special Correspondent Lahore: Friends of Economic and Business Reforms (FEBR) President Kashif has urged the government to control volatility of rupee…

DGTO asked to issue SOPs to hold polls M Jahangir Hayat LAHORE: Lahore Chamber of Commerce and Industry (LCCI) election 2020-21 hangs in balance as…

The exports hold immense importance for Pakistan’s economy: LCCI Irfan Iqbal Sheikh SVP LCCI Ali Hussam Asghar emphasizes to resolve issues of bilateral trade with Iran Our correspondent Lahore: Advisor to Prime Minister for Commerce and Investment Abdul Razak Dawood has along with goods exports, Pakistan needs to increase exports of…

The Group selects Tariq Misbah, Mardan Ali Zaidi, Malik Riaz and Sherin Arshad for Corporate Class candidates while Maqbool Ahmad, Shahzad Butt, Imran Bashir…

Observe as next to impossible for both taxpayers and lawyers to cover distance of 700km for tax affairs M Jahangir Hayat Lahore: Pakistan Tax Bar…

Pir Syed Nazim Hussain Shah, Murdan Ali Zaidi, Khadim Hussain, Mian Zubair have greeted LCCI Acting President Ali Hussam Asghar for taking charge Our Specil Correspondent Lahore: The LCCI Senior Vice President Ali Hussam Asghar will perform as the Acting President of the Lahore Chamber of Commerce & Industry in the absence of the LCCI…

Jahangir Hayat Lahore: Global Ghani Glass Limited (GGGL) is all set to make an aggressive expansion of over Rs 7 billion in various stages during the…

Our Special Correspondent Lahore: Federal Board of Revenue has stated that the response of builders, developers and taxpayers on the construction…

Meeting On Refunds Held in FBR HQ Our Special Correspondent LAHORE: Federal Board of Revenue (FBR) has decided to take action against irregularity, corruption and inefficient elements present in the organization. Since July, so far 26 officers and 19 officials have been suspended whereas three employees have been dismissed from service.…

87 percent additional cases were registered in 2019-20 Our Special Correspondent LAHORE: Customs Lahore Anti-Smuggling Organization (ASO) has collected…

Our Special Correpondent LAHORE: The gross revenue collected in the FY ‪2018-19‬ was 3895 billion which has surpassed 4 trillion in FY ‪2019-20‬ for the…

Our special correspondent LAHORE: Federal Board of Revenue (FBR) has collected 411 billion revenue in the month of June, 2020 against the set target of 398 billion. With the addition of revenue collected in the month of June till 3 p.m on the last day, FBR has also achieved the revised target of 3907 billion for the Financial Year 2019-20. FBR…

Our Special Correspondent Lahore: There must be consistency in the policies and no way backs for quite some times for the long run growth and development…

Our Special Correspondent Lahore: The Health Department has notified Pakistan Engeenring Congress (PEC) to approve bio medical equipments. In the…

Jahangir Hayat LAHORE: Punjab Finance Minister Makhdoom Hashim Javan Bakht has presented the budget 2020-21 in the Punjab Assembly with a total outlay of Rs2240 billion on Monday. The provincial government has proposed to allocate Rs8.73 billion for the forest department. Furthermore, Rs13.30 billion has been allocated for the livestock…

By Our Staff Correspondent KARACHI: Governor State Bank of Pakistan (SBP) Reza Baqir said that our economic fundamentals remain strong to tackle the economic…

Our Special Correspondent LAHORE: Bank of Punjab (BOP) has unveiled its financial results for the 1st quarter ended March 31, 2020, wherein the net…

By Our Staff Reporter LAHORE: The Chairman of Mustafai Business Forum of Pakistan, Sheikh Muhammad Tahir Anjum has said that around 12 billion units of electricity could be added to the national grid annually only with the construction of Kala Bagh Dam. He said that access to cheap electricity isn’t possible without the construction of dams.…

Our Special Correspondent LAHORE: The commercial and industrial importers have asked the Prime Minister to take action against those companies, which have…

Our Special Correspondent LAHORE: Lahore Chamber of Commerce and Industry (LCCI) office bearers Saturday congratulated Chela Ram Kewlani on becoming…

Our Special Correspondent LAHORE: The Friends of Economic and Business Reforms has appealed the central bank to formulate some financial policy for commercial and industrial importers like its various schemes already announced to facilitate SMEs, retail, corporate businesses, workers of business concerns and export sector. In an open letter…

Pakistan Hosiery Manufacturers & Exporters Association profoundly appreciates the government's initiative to expedite refunds to exporters under FASTER…

Our Special Correspondent LAHORE: The commercial and industrial importers have continued seeking relief of demurrage & detention at ports as after…

PSX considers the trades as valid On Friday evening: management Our Special Correspondent Lahore: Trending continued for three additional minutes at the Pakistan Stock Exchange (PSX) for the first time after the exchange was closed on Friday and the management took no notice of the violation, two different sources said. It was…

M Jahangir Hayat LAHORE: Directorate Customs Investigation and Intelligence Anti-Smuggling superintendent has been tested COVID-19 as positive and is…

By M Jahangir Hayat Pakistan needs to take tough economic decisions amid pandemic as it has lost over $6 billion in trade with China, US and EU alone during…

Asks for deferment of gas, electricity, other bills Says 70pc percent wages payment to employees is not an individual's demand Jahangir Hayat LAHORE: The government should introduce Bangladesh like full-fledged bailout package and deferment of gas, electricity and other bills for Pakistani business and industry. Following the unusual and…

Our Special Correspondent LAHORE: Local markets and small & medium industries (SMEs) should be allowed to open for a specific time under strict SOPs…

Jahangir Hayat LAHORE: The Ministry of Commerce (MoC) has proposed opening of Industrial Units with confirmed exports orders under special SOPs amid the…