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ChenOne plays important role in promoting store culture and branding: FIEDMC Chairman, CEO of ChenOne Stores
FIEDMC becomes top business zone development company: Mian M Kashif Ashfaq
By M Jahangir Hayat
https://thebusiness.com.pk/daily-the-business-e-paper-18-01-2021/
The Faisalabad Industrial Estate Development & Management Company (FIEDMC) has become the top business zone development company in the country. FIEDMC is one the fine…
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DGTO cancels Pak Iran Joint Chamber of Commerce and…
TOs failed to comply with Rule 6 of Trade Organizations Rules, 2013 : DGTO order
Jahangir Hayat
LAHORE: Directorate of General Trade Organizations…
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FBR, CAP reach consensus on PoS integration issue
Jahangir Hayat
LAHORE: A Memorandum of Understanding (MOU) was signed between Federal Board of Revenue (FBR) and the Representatives of the…
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Lack of coordination between Pakistan Customs, banks endangering Ease of Doing Business index
Jahangir Hayat
LAHORE: Lack of coordination between Pakistan Customs and banks has been causing importers to face hardships in doing business endangering the improving Ease-of-Doing Business Index of the country.
This was stated by Lahore Chamber of Commerce and Industry Executive Committee Member and Ferozpur Road traders’ leader…
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Rs 680m Danish School contract scam unearthed: FIR lodged,…
Jahangir Hayat
LAHORE: A Rs 680 million scam has been unearthed in which Allied Bank Limited (ABL) managers are said to have opened fake accounts, UBL Bank…
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PTBA seeks upgradation of Punjab Revenue Authority
Our Special Correspondent
LAHORE: Pakistan Tax Bar Association (PTBA) has proposed upgradation of the Punjab Revenue Authority PRA.
PTBA senior…
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LCCI Export Trophy: Pakistan will not only be having a good export market but ensure reach to neighboring countries: Dr. Arif Alvi
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…
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Govt urged to control volatility of rupee against US dollar
Our Special Correspondent
Lahore: Friends of Economic and Business Reforms (FEBR) President Kashif has urged the government to control volatility of rupee…
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LCCI election hangs in balance as PIAF-Founders Alliance…
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…
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Pakistan needs to shift from low value added products to high end manufacturing: Abdul Razak Dawood
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…
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LCCI Election: Founders Group finalises candidates for…
The Group selects Tariq Misbah, Mardan Ali Zaidi, Malik Riaz and Sherin Arshad for Corporate Class candidates while Maqbool Ahmad, Shahzad Butt, Imran Bashir…
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PTBA, BTBA condemn shifting of 38 top taxpayers from RTO…
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…
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Ali Hussam Asghar assumes office as LCCI Acting President
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…
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GGGL set to make aggressive expansion of Rs7 billion in…
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…
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FBR sees encouraging response of construction industry…
Our Special Correspondent
Lahore: Federal Board of Revenue has stated that the response of builders, developers and taxpayers on the construction…
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Action against FBR corrupt and inefficient offices in the offing
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.…
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Basit Abbasi’s ASO impounds record Rs 1970 million illegal…
87 percent additional cases were registered in 2019-20
Our Special Correspondent
LAHORE: Customs Lahore Anti-Smuggling Organization (ASO) has collected…
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FBR surpasses Rs4 trillion mark in 2019-20
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…
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FBR claims to achieve revised revenue of target of Rs 3907b for FY 2019-20
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…
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Value-added textile export industry rejects Federal Budget…
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…
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PEC to approve bio medical equipments designs
Our Special Correspondent
Lahore: The Health Department has notified Pakistan Engeenring Congress (PEC) to approve bio medical equipments.
In the…
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Rs 2240bn Punjab Budget 2020-21 presented
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…
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Pak economic basics remain strong to tackle virus, says…
By Our Staff Correspondent
KARACHI: Governor State Bank of Pakistan (SBP) Reza Baqir said that our economic fundamentals remain strong to tackle the economic…
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Bank of Punjab announces 21.5% YoY decline in 1Q profit
Our Special Correspondent
LAHORE: Bank of Punjab (BOP) has unveiled its financial results for the 1st quarter ended March 31, 2020, wherein the net…
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Access to cheap electricity isn’t possible without construction of dams: Sheikh Tahir Anjum
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.…
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Importers call for action against govt directives’ breach
Our Special Correspondent
LAHORE: The commercial and industrial importers have asked the Prime Minister to take action against those companies, which have…
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LCCI greets Chela Ram Kewlani for becoming chairman…
Our Special Correspondent
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) office bearers Saturday congratulated Chela Ram Kewlani on becoming…
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SBP asked to announce policy for industrial importers
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…
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PHMA requests to release deffered sales, income tax refund…
Pakistan Hosiery Manufacturers & Exporters Association profoundly appreciates the government's initiative to expedite refunds to exporters under FASTER…
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COVID-19 lockdown: FEBR writes letter PM seeking demurrages,…
Our Special Correspondent
LAHORE: The commercial and industrial importers have continued seeking relief of demurrage & detention at ports as after…
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