Month: July 2021

ISLAMABAD:The Petroleum Division (PD) on Friday clarified some facts of media reports about Liquefied Natural Gas (LNG) cargoes’ recent procurement, describing it ‘in line with global average for the importing countries.’ “Roughly one-third of our monthly LNG purchases are on ‘spot’ basis (and the remaining two-thirds on long-term contract basis) which is basically in line […]

ISLAMABAD:The Pakistani business community should focus on Morocco for boosting exports to North African countries as African region offers great potential to Pakistan for promoting trade and economic relations. Hamid Asghar Khan, Pakistan’s Ambassador to Morocco said on Thursday while interacting with entrepreneurs during his visit to Islamabad Chamber of Commerce and Industry (ICCI). He […]

ISLAMABAD:Business community across the country has expressed its confidence in the government’s Ease of Doing Business (EODB) policy and ongoing tax reforms. All major Chambers of Commerce has expressed confidence in the government’s business-friendly policies and measures taken for EODB and agree for consultative process for the formulation of a strategy to increase tax revenue, […]

ISLAMABAD:The exports of Knitwear during FY 2020-21 grew by 36.57 percent as compared to the exports of the corresponding period of last year. During the period from July-June 2020-21, Knitwear worth US $ 3,816,154 were exported as compared to worth US $ 2,784,363 of the same period last year. According to the data released by […]

ISLAMABAD:Kashmir dispute is a reality and India cannot deny it or remove it from the United Nations Security Council (UNSC) agenda through its illegal actions. A report released by reporter, said, the self-determination of people is a basic principle of the UN Charter and Article 1 of the Charter protects the right to self-determination as […]

ISLAMABAD:The government has formulated a comprehensive strategy to monitor the pace of development work and the efficient use of funds after a 40 percent increase in the amount allocated for development projects in the current financial year 2021-22. This was informed in a meeting chaired by Prime Minister Imran Khan held here on Friday on […]

ISLAMABAD:Foreign Office Spokesperson on Friday said Pakistan was looking forward to the Troika Plus meeting in Doha to facilitate the Afghan peace process. “Pakistan considers Troika Plus an important forum to facilitate the Afghan peace process,” Spokesperson Zahid Hafeez Chaudhri said in response to media queries. Spokesperson said the meeting would review the current situation […]

ISLAMABAD:The National Electric Power Regulatory Authority (NEPRA) on Friday notified 7 paisa per unit reduction in power tariff on uniform basis for all consumers except of lifeline and Industrial Support Package on account of quarterly adjustment pertaining to 3rd quarter of Fiscal year 2020-21. The Authority has approved negative amount/refund of Rs 6.7 billion for […]