Raising energy rates to make Pakistan products Uncompetitive globally: Anjum Nisar

The ISLAMABAD management group of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) expressed anger at the frequent rise in prices of electricity tariffs and petroleum products over the IMF’s best, as well as appease Independent Power Generators (IPPs). This move will spoil the Prime Minister’s vision of reducing the cost of industrial … Read more

Federal ministers angry with secretaries, complain to PM

  ISLAMABAD: Federal Ministers have complained to the Prime Minister about the non-participation of the secretaries in the cabinet and parliamentary committees. According to sources, some federal ministers expressed frustration over the non-attendance of secretaries in the meetings of the committees and complained to the Prime Minister on which the Prime Minister has taken notice … Read more

Ogra invites fresh applications for new RLNG-based CNG stations

ISLAMABAD – The Oil and Gas Regulatory Authority (OGRA) requested new practices from interested parties for the establishment of new regasified liquefied natural gas (RLNG) based CNG stations. “All applicants who have not been licensed so far are recommended to submit new requests to operate in RLNG, with the necessary / updated documentation, as required,” … Read more

Prices of basic food commodities to decline in next few days, claims NPMC

ISLAMABAD – On Monday, the National Price Monitoring Committee noted that prices for essential food products, including cooking oil and sugar, will decline in the next few days. Federal Minister of Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the National Price Monitoring Committee (NPMC) yesterday. NPMC reviewed the price trend of … Read more

No-confidence motion against government could erupt if coalition withdraws

  LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader Rana Sanaullah has said that if the coalition withdraws, a no-confidence motion against the government could be launched. Talking to media outside the accountability court in Lahore, Rana Sanaullah said that the drug case against him has been going on for two and a half years and he … Read more

FBR reforms improve Pakistan’s ranking of Trading Across Borders Index

ISLAMABAD – The Federal Revenue Board (FBR) says it has developed 31 positions in Pakistan’s Cross-Border Trade Index ranking, from 142 to 111, a major achievement for ease of doing business. The board facilitated cross-border trade by focusing on three key areas, including enhancing the integration of various institutions in the Web-Based Single Customs (WEBOC) … Read more

Pakistan Television not to be privatized, decides cabinet body

The Cabinet Committee of ISLAMABAD-State Economic Enterprises (CCoSOEs) decided on Wednesday to remove the Pakistan Television Company (PTVC) from the list of State Economic Enterprises categorized for privatization. Federal Minister of Finance and Revenue Dr. Abdul Hafeez Shaikh, chaired the meeting of the Cabinet Committee of State Economic Enterprises (CCoSOEs). The meeting was attended by … Read more

Pakistani teams won first place in Huawei’s ICT competition

ISLAMABAD: During the regional finals of Huawei’s Middle East ICT Competition 2020, two Pakistani teams won, securing first and second positions. “This year marks the fifth edition of the Huawei ICT Competition, which included a practice competition and new inventions of the competition … Innovation Competition yesterday at the Ghulam Ishaq Khan (GIK) Institute of … Read more