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FPCCI President leads meeting with Thai business group

Karachi – Mian Muhammad Adrees, President Federation of Pakistan Chamber of Commerce and Industry (FPCCI) is meeting the members of a high-powered delegation of Thailand in Karachi on the sidelines of Expo Pakistan 2015 on Second day of week-long Trade Exhibition. FPCCI Senior Vice President Abdul Rahim Janoo, Vice President Ikram Rajput alongwith the Delegates are seen in the picture ... Read More »

Petroleum prices will not increase till the end of March: Ishaq Dar

Islamabad: Federal Minister for Finance Ishaq Dar on February 27 has said that the petroleum products’ prices would sustain through the next month upon the directives of Prime Minister (PM) Nawaz Sharif. He said that upon the directives of PM Nawaz the people of the country would enjoy the reduced petroleum prices through March also. The Oil and Gas Regulatory ... Read More »

Japanese Products Steal the Show at Pakistan Expo 2015

Karachi – Japan External Trade Organization (JETRO) organized Pavilion at 9th Pakistan Expo 2015 show-casing Japanese products received an overwhelming response from the local business communities, investors, importer and traders who observed a wide range of modern, high-quality Japanese products and machineries on show. Japanese popular products put for exhibition included newly-introduced automobiles, electronics, industrial machinery, surgical instruments, home appliances, ... Read More »

Overburdened consumers: Audit firms rule out artificially inflated bills

ISLAMABAD– Audit firms have cleared power distribution companies of the accusation that they sent artificially inflated bills, saying instead the consumers faced a 35% increase in electricity tariff after slabs were all but removed. Federal Water and Power Minister Khawaja Muhammad Asif stated this while talking to the media at the inauguration of the Water and Power Development Authority (Wapda) ... Read More »

July-October: All avenues exhausted, still revenues fall

ISLAMABAD — As the government has exhausted all available avenues to enhance its non-tax income, the net revenue receipts fell to Rs600 billion in July-October this year while expenses grew at a faster pace to Rs1.1 trillion on the back of mounting debt servicing burden. Fresh data for the first four months of the current fiscal year underlines the need ... Read More »

Energy production: Chinese firm supplies modules for solar farm

KARACHI: JA Solar Holdings Company Ltd, one of the world’s leading manufacturers of solar power products, on Monday announced that it had shipped 100-megawatt of modules to the first large-scale solar farm in Pakistan. According to a press release from Shanghai, occupying 500 acres of land, the solar farm is located within the Quaid-e-Azam Solar Park in Bahawalpur. The solar ... Read More »

NFC award: Govt to dole out Rs2.6b to provinces

ISLAMABAD: The government on Monday announced that it would dole out Rs2.6 billion among the provinces for maintaining cash surplus during the first quarter of the current fiscal year that helped finance burgeoning federal expenditures. The announcement was made by Finance Minister Ishaq Dar during the second bi-annual meeting of the National Finance Commission (NFC), convened to review implementation on ... Read More »

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