China welcomes all Pakistani businessmen who wish to attend the Sixth Kashgar South and Central Asia Commodity Fair, Chinese Ambassador Luo Zhaohui said on Friday.
According to All Pakistan Textile Mills Association (APTMA) and Pakistan Yarn Merchants Association (PYMA), the NA Standing Committee on Textile’s decision, on imposition of three month’s restriction on piling yarn and raw cotton stocks, will adversely affect these important sectors of the economy.
President Asif Ali Zardari has stressed upon the need to enhance trade relations with the African countries to realize their real potential keeping in view vast population of the African continent and the market opportunities available there.
Extending complete support to Pakistan’s bid for increased access to European Union markets, Spain on Wednesday vowed to enhance bilateral ties in all spheres.
The World Bank (WB) has asked Pakistan to implement three prior tough actions within the next 48 hours for getting approval of $300 million under the Poverty Reduction Support Credit (PRSC) that includes hiking of electricity tariff by six per cent, making progress on Value Added Tax (VAT) and establishing single treasury accounts on immediate [...]
Strongly criticising policies of the Punjab Government, Governor Punjab Salman Taseer alleged that the Punjab Government is facing a deficit of Rs. 25 billion in tax collection.
Prices of basic commodities are likely to shoot-up after the forthcoming budget as the government has proposed to replace General Sales Tax (GST) with Value Added Tax (VAT). This replacement of GST with VAT will lead to the increase in prices of over 122 major categories of items, including food, by at least 15 per [...]
The petroleum ministry said it had proposed “bilateral” talks in Tehran to implement the long-delayed India-Pakistan-Iran (IPI) gas pipeline project.
Austrian energy company OMV announced it posted a natural gas find in the Latif exploration area in the southern Pakistani province of Sindh.
The government on Friday increased oil prices from three to seven percent. According to notification issued by the Oil and Gas Regulatory Authority (OGRA),
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