Business & Economy
Monday, 08 April 2013 14:52
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LAHORE: The capital office of Federation of Pakistan Chamber of Commerce and Industry at Islamabad would augment liaison and coordination with foreign trade missions and embassies.Speaking as chief guest at a ceremony in the honour of FPCCI Zonal Chairman Azhar Saeed Butt, co-chairman businessman panel and VP SAARC CCCI Iftikhar Ali Malik here Monday said that FPCCI at its annual general body meeting with new chief Zubair Ahmad Malik, accorded the approval.He added that a state of the art research and development cell will also be established to meet requirements of trade organisations.He said that it was need of the hour to set up an office where all embassies and foreign mission are located, adding that now it will be quite easy for FPCCI to have one on one interaction with ambassadors and heads of foreign trade missions to promote trade activities.Iftikhar said that FPCCI will invite all foreign trade ...
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) President Muhammad Haroon Agar has asked the Ambassador of Indonesia to Pakistan, Burhan Muhammad, to help expedite enforcement/ implementation of Preferential Trade Agreement (PTA) between Pakistan and Indonesia.Exchanging views during the visit of Indonesian Ambassador to KCCI, he said that signing of PTA on the occasion of 62nd anniversary of Pak-Indonesia Friendship in the month of February 2012 was a crucial initiative to open a new ...
ISLAMBAD: The Federal Board of Revenue (FBR) Sunday clarified that no new tax has been imposed on cell phones as is wrongly being portrayed by some quarters."The impression being created by certain vested interests that the government has levied a new tax on cell phone is baseless and devoid of fact," said FBR statement issued here Sunday.It said that SRO 280(I)/2013 dated 04-04-2013 recently issued by the government does not impose any new tax, rather ...
MUHAMMAD RIAZ & ZAHID BAIGLAHORE: In the backdrop of the Federal Board of Revenue (FBR)'s decision to enhance duties on mobile phone sets both basic and smart, prices of the mobile phone sets have increased by Rs 1,500 to 2,000 in the market.Sources said the SRO issued in this regard by the Board had been crafted in such a way that even cheapest cellphone being imported from China and available in the range from Rs ...
KARACHI: Governor of Sindh, Dr. Ishrat ul Ebad Khan said Thursday the economic challenges could easily be met through market economy.He was talking to a delegation of Pakistan-India trade delegation who called on him at the Governor House here.The Governor was of the view that by enhancing trade as well as relations among the countries of the region, people can be steered out of poverty, backwardness and ignorance and improve the lot of those living ...
BAHAWALPUR: Wheat harvesting has been started in various areas of Cholistan.According to Cholistani sources, the harvesting in these areas starts early because wheat crop gets ready for harvest earlier due to high temperature of the area.The harvesting started in celebrating traditional way by the residents of Cholistan.Copyright APP (Associated Press of Pakistan), 2013 ...
ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 8.64 billion on leading fertilizers manufacturing companies over violating the competition practices and artificially raising price of the commodity in the country. "This is the highest penalty the CCP has ever imposed during the course of time", Chairperson of the Commission, Rahat Kaunain Hassan said duing a press briefing here on Tuesday She said that the CCP bench comprising its senior member ...
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