Business

Our Special Correspondent LAHORE: A fire erupted in Bank Al Habib Banch Ichra Baranch near Muslim Town has completely destroyed ground floor of the branch, Daily The Business has learnt. The fire erupted at about 2am on Friday and the Rescue 1122 extinguished the fire after three hours that left the ground floor completely ruined. The official…

Demand restoration of jobs, withdrawal of fake cases M Jahangir Hayat LAHORE: The Pak Electron Limited (PEL)’s over 250 retrenched employees continued…

USAID Mission visits Lahore Chamber of Commerce LAHORE: A four-member USAID Mission, led by Provincial Director Kevin Sharp called on the LCCI President Almas…

KARACHI: Huaneng Shandong Ruyi (Pakistan) Energy (Private) Limited (HSR) Sahiwal Coal-fired Power Plant awarded Annual Environment Excellence Awards by National Forum for Environment and Health in Marriott Karachi. The Annual Environment Excellence Awards (AEEA) is designed to recognize and promote the organizations which make an outstanding…

Our Special Correspondent LAHORE: Punjab government is going to launch a mobile phone application for all the Business to Government (B2G) and Public to…

Our Special Reporter LAHORE: Federal Board of Revenue (FBR) has clarified that the tax is levied only on cars as per Income Tax Ordinance-2001 and no change…

Collective efforts always give good results: Mian Aslam Iqbal M Jahangir Hayat LAHORE: Provincial Minister for Commerce, Trade and Industry Mian Aslam Iqbal has said that collective efforts always yields good results. He was speaking at the the Lahore Chamber of Commerce & Industry (LCCI) Tree Plantation Drive Launch ceremony in…

Our Special Correspondent Lahore: Mr. Peng Zhengwu, Deputy Consul General of Chinese Consulate has applauded services of Pakistan China Joint Chamber of…

M Jahangir Hayat LAHORE: Bank of Punjab (BOP) has been informed that the SBP is unable to clear the Fit and Proper Test (FPT) Assessment of Syed Muhammad…

Our Special Correspondent  LAHORE: Foreign exchange policy and its operations in Pakistan are formulated and regulated in accordance with the provisions of Foreign Exchange Regulations Act, 1947 (FERA). For the purpose of ensuring compliance with the provisions of the Act, instructions to banks are issued in the form of notifications,…

Experts express dismay over FBR’s utter failure in maintaining data for so long despite Board is having over 27,000 officials and officers at its payroll By…

LAHORE: Infinix empowers users through its latest 32MP Selfie camera that features cutting edge technology and a sleek and stylish design. The brilliant S4…

Special Correspondent Lahore: Pakistan Customs Directorate General of Afghan Transit has seized a huge number of Indian origin consignments mis-declared as 'White Sugar', destined to be consumed in Afghanistan. After confirmation through laboratory tests, the sugar is found to be “unfit for human consumption. So far 4472 Metric Tons in172…

UBER REPRESENTATIVE CALLS ON MIAN ASLAM IQBAL LAHORE: Head of international affairs at Uber ridesharing company Matthew Devlin called on Provincial Minister…

LAHORE: A 4-member World Bank team on Strengthening Markets for Agriculture & Rural Transformation in Punjab (SMART) Friday called on the LCCI President…

Emirates has partnered with Accor, Armani Hotel Dubai, Emaar Hospitality Group and Marriott to offer attractive hotel rates to passengers travelling to and through Dubai this summer LAHORE: Emirates has partnered with world-renowned hotel providers to offer its passengers travelling to and through Dubai attractive summer rates in some of the UAE’s…

LAHORE: Mr G. L. Gnanatheva, Consul General Sri Lanka called on Mr Hassan Javed, Chairman PFMA in PFMA office and shown his great interest in Pakistan Footwear…

Special Correspondent  LAHORE: The Customs Wing has re-deployed and transferred 1,650 official positions to meet the challenging revenue target and…

Special Correspondent  LAHORE: Syed ShabbarZaidi, Chairman, FBR has conveyed a message to the business community that besides refraining from business in smuggled goods, they should not indulge in under-invoicing or other mis-declarations when getting their imported goods cleared at the Ports. Any importers, their clearing agents…

— The authority always strived hard to provide maximum facilities to taxpayers: PRA Chairman Javed Ahmed By M Jahangir Hayat LAHORE: The Punjab Revenue…

 Special Correspondent LAHORE: The State Bank of Pakistan has announced the designation of D-SIBs for the year 2019 under the Framework for Domestic…

Special Correspondent LAHORE: Haleeb Foods one of the leading food and beverages company of Pakistan won prestigious accolade in the food category at the 16th Annual Environment Excellence Awards for being committed to be at the forefront of the environmental protection in Pakistan. This award distinguishes the high quality standards and vision…

Pakistan key interest rate increases to 13.25% ISLAMABAD (Reuters): - Pakistan’s central bank raised its main policy rate by 100 basis points on Tuesday to…

Special Correspondent LAHORE: Police have registered an FIR against Lake City CEO and Patron-in-Chief of APTMA under section 506,452, 382 and 337L of…

M Jahangir Hayat LAHORE: In order to cope with the rising menace of smuggling in Punjab, the Federal Board of Revenue (FBR) Friday restructured Customs Central Region establishing new regions including Customs Central Region Appraisement and Customs Central Region Enforcement. The FBR has made amendment in SRO 607 (I) 2019 by issuing SRO 753…

Lahore: The entrepreneurs can maximize their profit by handling difficult customers with patience and care. It was stated by the eminent businessman and a…

By Jahangir Hayat LAHORE: It seems as if the honeymoon period for the misusers of exemptions ends as the Federal Board of Revenue (FBR) has…

Our Special Correspondent LAHORE: The Southern Africa Trade Federation office bearers today meet with Dr Sohail khan Ambassador of Pakistan at High commission Pretoria regarding Pakistan Trade Seminar. In this meeting various issues were discussed. Fahad Ali ch and Muhammad Rafiq Memon gave all the briefing and progress report to the…

Mulling institute's assistance on matter Jahangir Hayat LAHORE: The quality of 'Audit' by the taxation officer is not as per best practices. In this…

Our Specil Correspondent Lahore : Pakistan leading Chugtai Lab has been working through professionally. Health Department of Punjab always wished to…