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  • KARACHI: Prime Minister Shahid Khaqan Abbasi addressing the inauguration ceremony of LNG Import Terminal at Port Qasim, here yesterday.

  • KARACHI: Chairman PNSC Arif Elahi addressing the participants of 39th Annual General Meeting (AGM) held here yesterday.

  • ISLAMABAD: Secretary Planning Commission Shoaib Siddiqui chairing the opening session of CPEC Senior Officials meeting of Pakistan-China, yesterday, in lieu of the session of Joint Cooperation Committee (JCC) on China Pakistan Economic Corridor (CPEC) today.

Economic Survey to be launched today

From Our Correspondent ISLAMABAD: The Economic Survey of Pakistan for the outgoing fiscal year 2015-16 will be launched today. Federal Minister for Finance, Senator Muhammad Ishaq Dar would launch the pre-budget document, highlighting the overall performance of the government in economic sector during the outgoing fiscal year, providing a realistic …

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Pre-Ramazan price hike linked to poor governance

By Nasir Mehmood KARACHI: The United Business Group (UBG) of FPCCI yesterday asked the government to take note of the pre-Ramazan price hike across the country and take action against profiteers and hoarders. The prices of almost all the commodities of daily use have been increased raising questions about the …

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German Pakistan Chamber of Commerce & Industry inaugurated

By Commerce Reporter KARACHI: A high-ranking delegation from Germany inaugurated the newly created German Pakistan Chamber of Commerce and Industry (GPCCI) at local Hotel here yesterday. German Ambassador Ina Lepel, Dr. Stephan Oswald, Division Head of the German Ministry for Economic Cooperation and Development (BMZ), Rainer Schmiedchen, Consul General of …

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Dual Standard of accountability raises fingers: Rabbani

From Our Correspondent ISLAMABAD: Chairman Senate , Mian Raza Rabbani has said that duality in the system of accountability raises questions and there should be one institution for accountability of all stakeholders who have remained in the power equation of Pakistan. He was speaking as chief guest at the inaugural …

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Four Hub schools get new lease of life

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SSGC CSR initiative KARACHI: Four government primary and middle schools located in Hub City in Balochistan recently renovated under SSGC’s Corporate Social Responsibility (CSR) initiatives, were inaugurated  jointly by Prince Ahmed Ali, MPA of Bela-1 and Khalid Rahman, MD, SSGC at the Hub City yesterday. The ceremony was held at …

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SME revenue authority proposed to widen tax base

By Commerce Reporter KARACHI: President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain yesterday said a separate revenue authority for small and micro enterprises can expand tax base to push revenue collection to unprecedented heights. Establishment of a new revenue authority for small traders has become imperative as the …

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Electricity shortfall exceeds 6500 megawatts

ISLAMABAD: The tall claims of the government to end load-shedding have been exposed as shortfall of electricity exceeded 6500 megawatts in the country. The electricity demand reached upto 22000 megawatts while power generation could not be enhanced over 15523 megawatts. The duration of load-shedding in urban areas is 12 to …

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Stock Exchange gains 434.60 points

KARACHI: Pakistan stocks snapped two sessions of falls and closed more than 1 percent higher yesterday, helped by foreign investment inflows, dealers said. The benchmark 100-share index of the Pakistan Stock Exchange closed 1.21 percent, or 434.60 points, higher at 36,496.16. “Positive sentiment was seen in the market, helped by …

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SBP asks banks to facilitate senior citizens

KARACHI: State Bank of Pakistan has advised all banks, including microfinance banks, to facilitate opening of bank accounts and provide banking facilities including ATM card, credit card, etc. to the senior citizens and pensioners without any discrimination vide its circular issued yesterday. It has been emphasized that senior citizens are …

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