06012016Wed
Last update: Wed, 01 Jun 2016 02am

Business & Economy

Pakistan - Business & Economy

LCCI suggests E-Portal for industrial electricity connections LAHORE: In order to facilitate the industrial sector, the Lahore Chamber of Commerce & Industry on Wednesday urged the government to establish an E-Portal for new connections and other services which would not only save precious time of the business community but also bring much-needed efficiency in industrial activities.The LCCI President Sheikh Muhammad Arshad, Senior Vice President Almas Hyder and Vice President Nasir Saeed said here that procedure of new electricity connection for industry was much cumbersome and takes average 178 days as compared to Korea where businessmen could get electricity connection in only 18 days.They cited the example of Korea where businessmen request and receive internal wiring inspection by Korea Electrical Safety Corporation, submit application and sign contract and receive external works, meter installation and electricity flow and all procedure completes within 18 days only.The LCCI office-bearers said that there was a dire need to follow the modules of ...

Pakistan - Business & Economy

Visa sticker, banking facility needed to Pak-Turkish trade KARACHI: Pakistan has signed and ratified the TIR convention of Economic Cooperation Organization (ECO) but the success of TIR convention depends on visa sticker and white card schemes of ECO.This was stated by Senior Vice President FPCCI, S. Khalid Tawab in a meeting with the Consul General of Turkey who visited Federation of Pakistan Chambers of Commerce and Industry (FPCCI) here.The FPCCI Vice Presidents Arshad Farooq and Zulfiqar Ali Sheikh, Chairman, Pakistan-Turkey Business Council of ...

Pakistan - Business & Economy

Red meat export can boost agricultural, national economy: VC LAHORE: A delegation from the National Management College Lahore visited the University of Veterinary and Animal Sciences (UVAS) and called on Vice Chancellor Prof Dr Talat Naseer Pasha here on Wednesday.The delegation comprised of Capt(R)Saif Anjum, Dr Saad S Khan, Malik Sardar Jatial, Ahmar Ismail, Ahmad Kamal,Ambreen Ahmad Tarar,Asim Ayyaz, Muhammad Asim Halim, Muhammad Afzal Bajwa and Sheryar Taj.The Vice Chancellor briefed the delegation on the UVAS academic, research, extension and training programmes.He discussed with ...

Pakistan - Business & Economy

FFC reaches out to farmers in Sindh, Balochistan ISLAMABAD: Fauji Fertilizer Company Limited, has expressed its resolve for passing on the benefits of roll back in fertilizer feed gas price by the government to the farmer in the shortest possible time with maximum efficiency to boost Kharif Crop.Fauji Fertilizer Company Limited, is one of the largest fertilizer manufacturers in the country.MD FFC, Lt Gen (Retd) Ahmed visited company's Market field force in Sindh and Balochistan to ensure that benefits of roll back in ...

Pakistan - Business & Economy

Shipping activity at Port Qasim KARACHI: Five ships C.V Maersk Detroit, C.V CMA CGM Othello, M.V Yuan Hang, M.V Elly and M.T Nectar Sea carrying containers, sorghum, general cargo and furnace oil were arranged berths at Qasim International Container Terminal, Grain & Fertilizer Terminal and FOTCO Oil Terminal respectively on Tuesday.Meanwhile four more ship namely M.V Adventurer-K, M.T ST Jea, M.V SC Xiamen and M.T Okroe scheduled to load/offload cement, chemicals, palm oil and furnace oil also arrived at outer ...

Pakistan - Business & Economy

LCCI President calls to resolve double taxation, refund claim issues LAHORE: Lahore Chamber of Commerce & Industry (LCCI) President Sheikh Muhammad Arshad Tuesday urged the government to resolve issues of double taxation and delay in refund claims as soon as possible to ensure economic growth at fast pace. He was talking to a delegation of Liberty and other major city markets led by Irfan Iqbal Sheikh here at the LCCI, while the Chamber's Vice President Nasir Saeed also spoke on the occasion. Traders, who attended ...

Pakistan - Business & Economy

Pakistan, Belarus to exchange customs statistics on mutual trade ISLAMABAD: Pakistan and Belarus have signed an agreement to exchange customs statistics on mutual trade.A relevant agreement was signed after the meeting between Sergei Poluden, Deputy Chairman of the Belarusian State Customs Committee, and Shaukat Ali, Director for Legal Affairs at the Federal Board of Revenue of Pakistan, in Minsk on Tuesday, Belarusian news agency "BelTA" reported.That was the first official visit organized at the level of the customs administrations of Pakistan and Belarus.Sergei Poluden ...