PIA to start direct flights between Karachi, Skardu to promote tourism
According to a spokesman for the PIA, an Airbus A320 flight from Karachi-Skardu-Karachi would be operated for the convenience of the residents of the...
Government directs SSGCL and SNGPL to work on LNG terminals
The Ministry of Maritime Affairs is collaborating with the Petroleum Division to facilitate the new LNG terminal developers in streamlining the process and working the bureaucracy to obtain various NOCs and handover of the possession of land for tie-in facilities near Pakistan Steel Mills.
QABP’s Multipurpose Business Centre likely to be launched in May
Presiding over a meeting, called to review progress of development works at industrial estates working under the Punjab Industrial Estates Development and Management Company...
Punjab govt launches crackdown against sugar mafia
Though the government claimed that the sugar crisis in Punjab has been controlled, it is not the case as sugar vanished from the shelves...
Pakistan’s trade deficit rises to $20.83 billion for current year
Pakistan’s exports of textile and clothing rebounded in March mainly due to value-added sectors and posted a growth of 30.4 per cent from a year ago, showed data released by the Pakistan Bureau of Statistics (PBS) on Friday.
Pakistan’s economic turnaround attributed to improved business confidence: Report
According to the Policy Think Tank's 12-Month analysis till January 2021, the economy is going in a positive direction on the back of the Large Scale Manufacturing sector and Increased business confidence.
CCoE extends flat tariff for industries till 30th June 2020
The policy was extended despite concern from the Power Division that this might lead to increase in the loadshedding and power stations tripping during core months ranging from May to September.
ECC approves withdraws cotton yarn import duty
The customs duty will remain zero until June 2021 but is subject to the approval of the Cabinet. It is done to facilitate the value-added exporters in the textile industry of the country.
Hammad reaffirms commitment to boost construction industry
Federal Minister for Finance, Revenue, Industries and Production Muhammad Hammad Azhar Friday reiterated the government’s firm commitment to further promoting the construction industry as...
Engro to invest $31.4 million in FEED study before establishing plant
Engro Corporation, a diversified group of companies, has announced that it will undertake advance studies for setting up a manufacturing plant in the petrochemical sector at an estimated cost of over $1 billion, which will slash Pakistan’s chemical imports and give a push to exports.
State Bank considering launching digital currency in Pakistan
Governor State Bank of Pakistan (SBP) Dr. Reza Baqir has said that they are ‘carefully studying’ the option to launch a digital currency in Pakistan. He said that the introduction of an SBPs digital currency will have a twofold benefit to Pakistan.
Government sets new production target for Kharif crops
Federal Committee on Agriculture met to set production targets for the Kharif crops that are about to start sowing. Wheat Production is set to increase by 1.7 percent this year.