07292016Fri
Last update: Fri, 29 Jul 2016 07pm

Business & Economy

Pakistan - Business & Economy

LCCI supports Chairman WAPDA's stance on KBD LAHORE: Lahore Chamber of Commerce & Industry (LCCI), supporting the stance of Chairman Wapda Zafar Mehmood on Kalabagh dam, said that this project should be completed with an aim to control floods and generate electricity.In a joint statement issued on Wednesday, LCCI President Sheikh Muhammad Arshad and Senior Vice President Almas Hyder said that every year floods caused loss in billions of dollars besides affecting thousands of human lives.They said that Kalabagh Dam was the most viable solution of key issues.They said that electricity generated from Kalabagh dam would be supplied to the national grid and distributed throughout the country.LCCI office-bearers said, "An opinion gained widespread support across the country that the losses caused by floods in Pakistan which were estimated to be billion dollars could have been reduced if big dams and water reservoirs were in place."Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Business & Economy

1st Pak-Bahrain Business Opportunities Conference on Sept 27 ISLAMABAD: First Pak-Bahrain Business Opportunities Conference would be held here on September 27 to focus on investment opportunities in the field of agriculture products, meat, fruits and vegetables, banking, aviation services, jewelry, chemicals, footwear, furniture and textile.The conference will be held in collaboration with the Ministry of Industry, Commerce and Tourism of Kingdom of Bahrain.A delegation of Bahrain Government lead by Dr. Shaikha Rana bint Daij Al- Khalifia, Assistant Under Secretary for Arab and Afro-Asian ...

Pakistan - Business & Economy

APTA announces to boycott Indian goods MULTAN: Chairman All Pakistan Traders Association Khawaja Suleman Saddique on Wednesday announced to boycott Indian brands following its rising atrocities in held Kashmir.In a statement, he said Indian government had been involved in genocide of Kasmhiris in their own territory."It is shameful act by the neighbour country which has snatched self-right of Kashmiris through deploying heavy contingents of forces in the paradise valley and it is sorrowful that UNO and the civilized world have kept ...

Pakistan - Business & Economy

Petroleum group import reduces 36.21pc in 11 months ISLAMABAD: Petroleum group import in the country witnessed sharp decrease of 36.21 percent during eleven months of financial year 2015-16 as compared to the same period of last financial year.According the data of Pakistan Bureau of Statictics, country managed to save about US$ 3.867 billion from the national exchequer on the import of petroleum products during the period under review as the prices of the commodity also witnessed sharp decrease in its prices in international ...

Pakistan - Business & Economy

LCCI welcomes Karachi Safe City Project LAHORE: Lahore Chamber of Commerce & Industry Tuesday welcomed the government decision to set up database of the citizens of Karachi under Safe City Project and termed it an important move to restore peace in the largest city of the country.The LCCI President Sheikh Muhammad Arshad, Senior Vice President Almas Hyder and Vice President Nasir Saeed said here that database of Karachiites' to identify locals and non-locals and surveillance cameras will ensure security of Karachi ...

Pakistan - Business & Economy

Bullion Prices on Tuesday KARACHI: Following were the Bullion Prices in Karachi, Lahore and Multan on Tuesday.KARACHI: (per 10 gram) Gold Tezabi 24 CT Rs. 44142 Silver Tezabi Rs. 617.14 LAHORE: (per 10 gram)Gold Tezabi 24 CT Rs. 44324.00Gold 22 CT Rs. 40630.00Gold 21 CT Rs. 38784.00Silver Tezabi Rs. 620.00Silver Thobi Rs. 612.00MULTAN: (per 10 gram)Gold Tezabi 24 CT Rs. 43550.00Gold 22 CT Rs. 39830.00Silver Tezabi Rs. 600.00Silver Thobi Rs. 550.00Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Business & Economy

Kissan package will usher in new era of development in agri sector LAHORE: Agriculture Minister Punjab Dr Farrukh Javed Tuesday called for ensuring usage of modern agricultural tools in the fields in order to attain high per acre yield.He said that implementation of historic Rs 100 billion Kissan package would leave a far-reaching impact on agri sector besides making the farmers prosperous.Talking to APP at his Punjab Assembly chamber, he said, agriculture was backbone of national economy and progress of this vital sector was imminent to obtain ...