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ECC approves proposals submitted by different ministries


ISLAMABAD: The Economic Coordination Committee (ECC) has approved proposals submitted by different ministries in its meeting. The ECC meeting was chaired by Finance Minister, Senator Ishaq Dar, said a press release. The ECC approved the proposal of Economic Affairs Division (EAD) for grant of exemption to Japan International Cooperation Agency (JICA) from all levies and taxes for the loan extended ... Read More »

UNIDO starts two-day workshop on renewable energy


ISLAMABAD: United Nations Industrial Development Organization (UNIDO) has started a 2-day workshop on National policy framework for renewable energy and energy efficiency for industrial sector. The workshop highlighted on the current institutional policy framework on renewable energy and energy efficiency in Pakistan and drawing inferences from other countries in the region.  Within the framework of one of its ongoing project ... Read More »

Govt to ensure 100% certified cotton seed supply for farmers


ISLAMABAD: In order to achieve the maximum cotton crop output, arrangements have been finalized to ensure supply of 100 percent certified cotton seeds to farmers during the current Kharif season. During the current sowing season, about 38,000 metric tons of certified and approved seeds of cotton would be available for growers across the country. The total requirement of cotton seeds ... Read More »

SECP approves certification for research analysts


ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has prescribed certification requirement for all persons who are involved in preparation and distribution of research reports to the public. In a statement issued on Friday, the SECP said that the requirement was in line with its objectives of inculcating good governance practices, promoting investor protection and having skilled personnel providing ... Read More »

Car imports increase by 23.5pc in July – March

increase exports

KARACHI: The import of cars has registered 23.5 percent growth in first nine months of current fiscal year owing to rising local demand for domestic and commercial services, analysts said. According to data released by Pakistan Bureau of Statistics (PBS) the total import of motor cars including CBU (Complete Built-Up) and CKD (Complete Knocked-Down) were at $763.74 million during July ... Read More »

ICI, CMP join hands to educate marginalised communities

handshake - join hand

KARACHI: ICI Pakistan Limited has signed an MoU with the Sindh Community Mobilisation Program (CMP) to support CMP in its mission to improve access to quality education for marginalised communities in the province. CMP is part of the larger Sindh Basic Education Programme, funded by United States Agency for International Development (USAID) and implemented by International Relief and Development (IRD). ... Read More »

Today’s Pakistan more secure, conducive for trade, economic activities: President

President Mamnoon Hussain

ISLAMABAD: President Mamnoon Hussain has said that today’s Pakistan was more secure, more peaceful and more conducive for trade and economic activities and it was the result of sacrifices had rendered by our people for eradication of terrorism and extremism. “Due to these sacrifices negative forces had weakened and law and order situation had improved which producing positive impact on ... Read More »

Anti Corruption Dept successfully eliminating menace of corruption from society: DG

DG anti

DI KHAN: Director General Anti-Corruption Department Zaibullah Khan has said his department was successfully moving ahead with its plan to eliminate scourge of corruption from society. The DG said directives had been issued to all concerned officers of the anti-corruption departments in the province to take stern action against those who were found involved in corruption cases. He added, these ... Read More »

DG NAB-KP directs to freeze assets of six accused of property scam


PESHAWAR: National Accountability Bureau Khyber Pakhtunkhwa (NAB KP) Director General Brigadier (R) Farooq Nasir Awan on Thursday ordered freezing of assets of six accused of frauds who were allegedly involved in huge property scam. According to NAB KP spokesman the accused included Bostan Khan, Malik Habib, Ejaz Hussain Shah, Mehtab Ali Qureshi, Raja Saeed of AJK and Adil Shaukat. He ... Read More »

Wheat valuing $258,000 exported in 9 months

wheat export

ISLAMABAD: About 885 metric tons of wheat valuing US$ 258,000, was exported during first 3 quarters of current financial year as compared the exports of the corresponding period of last year. Wheat exports from the country during the period from July-March, 2017-18 grew by 1,190 percent as the commodity exports during the same period of last year was recorded at ... Read More »

Pak-G.Britain relationship causes of regional stability in S.Asia

joint venture

KARACHI: Cordial relationship between Pakistan and Great Britain is not only equally beneficial for the two countries but is also a cause of stability in South Asia region, said Governor of Sindh, Muhammad Zubair here on Friday. Talking to the British High Commissioner, Thomas Drew, in a call on meeting at Governor House, he said growing interest of British investors ... Read More »

Cotton cultivation should be completed by May-end


FAISALABAD: Agriculture experts have advised growers to complete cultivation of cotton by end of May for getting a bumper yield. A spokesman for Agriculture Department said here Friday that although the best time for cotton cultivation is before mid-May, farmers could complete the process by end of May.He said that farmers should use certified cotton seeds. More information and guidance ... Read More »

Weekly inflation falls 0.4 percent


ISLAMABAD: The weekly inflation for the week ended on April 28 for the combined income groups decreased by 0.4 percent as compared to the previous week. According to the data released by Pakistan Bureau of Statistics (PBS) on Friday, the Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 220.10 points against ... Read More »

Early completion of CPEC’s Western route top priority: Chairman NHA


ISLAMABAD: The participants of Inland Study Tour of National Management Course visited NHA head office Friday where they were given a detailed briefing about the organization, its working and a detailed overview of development projects currently under construction in various parts of the country. Welcoming the guests, National Highway Authority (NHA) Chairman Shahidb Ashraf Tarar dilated upon the profile of ... Read More »

ANF recovers 163kg drugs worth Rs196 million


ISLAMABAD: The Anti-Narcotics Force (ANF) has recovered 163kg drugs worth Rs196 million in international market, impounds nine vehicles and arrested14 drug pushers in13 countrywide operations. According to details, ANF in an intelligence based operation intercepted a Toyota Corolla car at Saranan Bazaar, near Levies Check Post, District Pishin and seized 114 kg hashish. The recovered hashish was concealed in cavities ... Read More »

NAB helps Nadra recover Rs6m


LAHORE: The National Accountability Bureau has recovered a huge amount to Nadra. NAB Lahore Director General Shahzad Saleem handed over a cheque of Rs6 million to Nadra Director (Lahore Region) Col (r) Noman Ahmed Sehgal. Nadra’s Regional HQs approached the National Accountability Bureau over suspected embezzlement in the wake of e-billing in eight different KIASIC Centres in Lahore. While probing ... Read More »

Pakistan creates favorable socioeconomic eco system: Ahsan

ahsan iqbal

ISLAMABAD: Minister for Planning, Development and Reform, Ahsan Iqbal said that Pakistan has achieved an economic growth rate of 5 percent and has able to create a favourable socioeconomic eco system which enjoys political stability. Minister Iqbal remarked that a favourable ecosystem has resulted in attracting the interest of key global investors which are now eying Pakistan as a potential ... Read More »

NAB cracks down on illegal housing colonies


DG KHAN: The National Accountability Bureau (NAB) Multan office launched a crackdown on illegal housing colonies across DG Khan district. The NAB started action against the housing colonies established either on state-owned or the grabbed lands. According to official sources, the practice has been carrying out in the district for the last 10 years. During the period, about 500 housing ... Read More »

Uzbekistan to further strengthen bilateral ties with Pakistan: Ambassador

handshake - join hand

ISLAMABAD: Uzbekistan is interested to further promote the bilateral ties with Pakistan in areas including trade, fertilizer, agriculture, education and tourism. The envoy of Uzbekistan to Pakistan Furqat Sidiqov lecture title by “Uzbekistan, Media Culture” organised by the society of asian civilization Pakistan here on Thursday. He said after independence of the Republic of Uzbekistan, Pakistan was the first country ... Read More »

Raw cotton worth $38.631m exported in 9 months

cotton exports

ISLAMABAD: Raw cotton export from the country during first three quarters of current financial year was recorded at US$ 38.631 million as compared the exports of the corresponding period of last year. During the period from July-March, 2016-17 about 22,812 metric tons of raw cotton worth US$ 38.631 million were exported as compared the export of 48,513 metric tons valuing ... Read More »