EconomyGovt removes stipulation permitting non-filer overseas Pakistani's to purchase property
The government issued a circular disclosing the stipulation on purchase/transfer of property having a value over Rs5 million by non-filers was not applicable to legal heirs procuring property via inheritance
Oct 25, 2018
EconomyNepra levies Rs4 million fine on IESCO
Nepra stated IESCO failed to maintain the authorized voltage levels and supply electricity connections within the given time and orchestrated data regarding the number of interruptions, number of complaints and duration of interruptions
Oct 24, 2018
EconomyChina enlists WB to carry study on CPEC
The WB is carrying a study on six aspects of CPEC and hopes to complete the research by the end of 2018
Oct 24, 2018
EconomyProcurement of land for Dasu hydropower project hits snags
An official source said Sigloo, Kaas and Sheikhabad are the areas where main civil works need to be initiated for main Dasu project and 500 acres of land is required in these places.
Oct 24, 2018
EconomyPakistan mulling to establish $200 million grain terminal: Report
The establishment of such a facility would enhance PNSC sales and profit, which touched the lowest ebb in six years and will assist in easing pressure off the existing grain terminal facility at Port Qasim
Oct 24, 2018
EconomyMaster group wins bid to setup 99MW hydropower project
According to Pedo, the bid submitted by Masters Textile Limited and CHEC was greatly responsive in respect of “completeness, competitiveness, reasonableness and has the lowest rank"
Oct 24, 2018
EconomyFBR contemplating to allow manufacturers to import raw materials under DTRE scheme
Mr Khokhar shared the government had agreed in principle to make payments of Customs rebate automatically on the realization of export proceeds and a proclamation in this respect would come soon
Oct 20, 2018
EconomyFrance extends support for China's Belt & Road initiative
Mr Barety stated France supported the Chinese BRI concept and was willing to invest in the following phases of China-Pakistan Economic Corridor (CPEC) on condition that transparency is ensured.
Oct 20, 2018
EconomyIran keen on barter trade with Pakistan, calls for strengthening economic ties
Mr Nazeri said Iran had massive construction potential and could work with Pakistan in this area
Oct 20, 2018
EconomyGovt contemplating to export surplus wheat
Mr Dawood highlighted the surplus of wheat in the country needs to be exported for reining in the decline of foreign currency reserves and save storage cost of the commodity
Oct 20, 2018
EconomyAPG group recommends various actions to help Pakistan get out of grey list
The source told that Pakistan is in conformity with over 50% of the recommendations.
Oct 19, 2018
EconomyPakistan hasn’t fully enacted GSP+ conventions: Report
EU trade delegation would seek responses to questions already forwarded to all the stakeholders regarding the implementation of the 27 conventions
Oct 18, 2018