05042016Wed
Last update: Wed, 04 May 2016 04am

Business & Economy

Pakistan - Business & Economy

Qaim enhances Shuhada compensation from to Rs 6 m KARACHI: Sindh Chief Minister Syed Qaim Ali Shah on Saturday decided to enhance the amount of Shuhda compensation from Rs 2 million to Rs 6 million."Life is priceless but it is our humble effort to extend financial help to the heirs of our brave policemen who embrace martyrdom for the sake of their country and its people," he said presiding over a meeting to decide the matters of recruitment in police and compensation here at the CM House Saturday.The meeting was attended by Chief Secretary Siddique Memon, Inspector General of Police (IGP) AD Khwaja, Principal Secretary Alamuddin Bullo and others.The Chief Minister said that the compensation was being given to the policemen who laid their lives in line of their duty, was not enough."A grieved family cannot survive on a meager compensation of Rs 2 million. Therefore, I have decided to enhance it from Rs 2 million to Rs 6 ...

Pakistan - Business & Economy

Khurram attends Antalya International Horticulture Expo 2016 ISLAMABAD: Minister for Commerce, Engineer Khurram Dastgir Khan has represented Pakistan at the Antalya International Horticulture Expo 2016 held at Antalya, Turkey.The expo was organized by the Ministry of Agriculture of Turkey in which nearly 40 countries participated and exhibited their expertise in the horticulture sector, said a press release issued by the Ministry of Commerce here Saturday.Pakistan set up its Horticulture Garden in the Expo in a thematic way which portrayed the cultural diversity ...

Pakistan - Business & Economy

Federal, Sindh govts taking constructive steps to promote investment: Ebad KARACHI: Sindh Governor Dr. Ishratul Ebad Khan has said that the Federal and Sindh governments are taking constructive steps for promoting local and foreign investment. Speaking at the 2nd Diplomatic and Foreign Investment Award 2016 ceremony at Governor House here on Saturday, he said that Pakistan, particularly Sindh province, is very attractive and safe for investment.The government is especially providing all possible facilities to foreign investors, he added. The awards ceremony was organised by Diplomatic ...

Pakistan - Business & Economy

FBR directed to discuss budget proposals with stakeholder ISLAMABAD: Finance Minister Mohammad Ishaq has directed the FBR to discuss proposals for budget 2016-17 with stakeholder before these are finalized.The minister chaired a high level meeting at Federal Board of Revenue (FBR) on Friday where he was given a briefing on Pakistan's existing agreements on Avoidance of Double Taxation with different countries.The minister said the agreements needed to be revisited for introducing possible changes and improvements in line with latest international trends.The current profile ...

Pakistan - Business & Economy

Iranian entrepreneurs eager to enhance business with Pakistan: Envoy LAHORE: Iranian Ambassador in Pakistan Mehdi Honardoost has expressed optimism Pak-Iran trade will touch new heights commensurate with their respective potential.Speaking to executive body members of the Lahore Chamber of Commerce and Industry (LCCI) on Friday, he said Iran and Pakistan have some most important achievements from the recent visit of Iranian President Hassan Rouhani to Pakistan which has also started a new era of cordial relations between the two countries."Iran and Pakistan are brother ...

Pakistan - Business & Economy

Shipping activity at Port Qasim KARACHI: Five ships C.V Priority, M.V Jahor Express, M.T Liberty -N, Al-Ghashaniya and M.T Atlantic Glory scheduled to load/offload containers, cement, LPG, LNG and chemicals were berth at Qasim International container Terminals, Multi Purpose Terminal, Sui Southern LPG Terminal, Engro Elengy Terminal and Engro Vopak Terminal respectively on Thursday.Meanwhile two more ships C.V MSC Pamela and M.T Bloge Tanyia with containers and LPG also arrived at outer anchorage of Port Qasim during last 24 hours.Berth ...

Pakistan - Business & Economy

Weekly inflation decreases by 0.19pc ISLAMABAD: The weekly inflation for the week ended on April 21, for the combined income group witnessed decrease of 0.19 percent as compared to the previous week.The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 215.74 points against 216.15 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).However, as compared to the corresponding week of last year, the SPI for ...