Pakistan Textile Exporters Association (PTEA) Chairman, Rana Arif Tauseef has expressed concern over 4 percent decline in the exports in July 2006, despite Rs 180 billion investment in machinery import and infrastructure last fiscal year. talking to newsm
Palm products and oil seed imports have drained out in excess of $1 billion from the country during the last fiscal year (2005-06), trade sources told Business Recorder on Wednesday.
Palm products and oil seed imports have drained out in excess of $1 billion from the country during the last fiscal year (2005-06), trade sources told Business Recorder on Wednesday.
Palm products and oil seed imports have drained out in excess of $1 billion from the country during the last fiscal year (2005-06), trade sources told Business Recorder on Wednesday.
The State Bank of Pakistan (SBP) has decided to allow further extension to all the banks for completion of proper arrangements/formalities for depositing utility bills up to August 31, 2006.
The State Bank of Pakistan (SBP) has decided to allow further extension to all the banks for completion of proper arrangements/formalities for depositing utility bills up to August 31, 2006.
The State Bank of Pakistan (SBP) has decided to allow further extension to all the banks for completion of proper arrangements/formalities for depositing utility bills up to August 31, 2006.
Pakistan is anxiously waiting for a suitable time to allow import of 340 items from India, official sources told Business Recorder here on Wednesday. The sources said commerce ministry has finalised the list and the summary is ready for the Economi
Pakistan is anxiously waiting for a suitable time to allow import of 340 items from India, official sources told Business Recorder here on Wednesday. The sources said commerce ministry has finalised the list and the summary is ready for the Economi
Pakistan is anxiously waiting for a suitable time to allow import of 340 items from India, official sources told Business Recorder here on Wednesday. The sources said commerce ministry has finalised the list and the summary is ready for the Economi
The Anti-Narcotics Force (ANF) officials have started searching the baggage of the incoming passengers at the Islamabad airport a week after the Prime Minister's announcement of activating 'green channel' facility for the international flights.
The Anti-Narcotics Force (ANF) officials have started searching the baggage of the incoming passengers at the Islamabad airport a week after the Prime Minister's announcement of activating 'green channel' facility for the international flights.
The Anti-Narcotics Force (ANF) officials have started searching the baggage of the incoming passengers at the Islamabad airport a week after the Prime Minister''s announcement of activating ''green channel'' facility for the international flights.
The Water and Power Development Authority (Wapda) has defied President General Pervez Musharraf's orders by not finalising terms and conditions to lease out Lakhra Power Plant in Sindh to Associated Group, a Lahore-based private sector company.
The Water and Power Development Authority (Wapda) has defied President General Pervez Musharraf's orders by not finalising terms and conditions to lease out Lakhra Power Plant in Sindh to Associated Group, a Lahore-based private sector company.
The Water and Power Development Authority (Wapda) has defied President General Pervez Musharraf''s orders by not finalising terms and conditions to lease out Lakhra Power Plant in Sindh to Associated Group, a Lahore-based private sector company.
Race for the forthcoming annual elections of the Lahore Chamber of Commerce and Industry (LCCI) has kicked off and this year the PIAF-Founder Alliance is all set to sweep the elections again.
The Punjab Institute of Language Art & Culture (PILA&C) intends to start a non-stop 24-hour transmission through its own FM Punjabi radio channel very soon. For this purpose FM Punjab section was being set up.
The establishment of export centre, close to Lahore airport with enough space to facilitate and ensure grading, packing and warehousing facilities for expeditious export of fruits and vegetables, appears to have been derailed, according to official source
More than 15000 persons have moved away from the Katcha areas along the river Indus in Thatta district following alert issued by the district authorities.
The traffic police in line with their traditional attitude manhandled yet another journalist here on Wednesday. According to the details, a reporter of Business Recorder Azhar Ali Khan went to a bank branch at M A Jinnah Road leaving his motorbike
City District Government Karachi (CDGK) has given a last opportunity to private firms to complete the construction of pedestrian bridges being built on Built, Operate, Transfer (BOT) basis in the metropolis, within the stipulated period.
The earning of the National Refinery Limited (NRL) in the year ended June 30, 2006 is likely to decline four percent over the preceding year due to relatively low refining margins during the fiscal year.
The earning of the National Refinery Limited (NRL) in the year ended June 30, 2006 is likely to decline four percent over the preceding year due to relatively low refining margins during the fiscal year.
After receiving overwhelming success in Karachi, the 'Women's Expo' will now be organised at Fortress Expo Centre in Lahore from September 8 to 10. The first Women's Expo, held in Karachi last April, was attended by more than 0.3 million women.
The All Pakistan Power Looms Association (APPLA) has demanded immediate issuance of the notification for zero-rated sales tax on pending cases of registered units and the electricity and gas bills of small textile units be allowed zero-rated sales tax.
The Aga Khan University Medical College and Sindh Health Department on Wednesday signed a memorandum of understanding (MoU) to improve health conditions in the province.
The provincial cabinet of NWFP on Wednesday decided to move federal government for writing off the taxes and loans of the residents of the flood hit districts of the province. The provincial government would also exempt them of taxes through declaring it
This review is based on two periods for the simple reason that updated data provides better basis for management decision. The reason for last year's review is because of the better data integrity as it is based on audited figures.
The Punjab University has warned against institutions offering admissions in their illegal campuses within its jurisdiction. A PU spokesman said that the territorial jurisdiction of the varsity comprised Islamabad, Lahore division, Gujranwala, Faisalabad,
This review is based on two periods for the simple reason that updated data provides better basis for management decision. The reason for last year's review is because of the better data integrity as it is based on audited figures.
The International Centre for Chemical Sciences (ICCS), University of Karachi, has signed an agreement of collaboration with the Academy of Sciences for the Developing World (ASDW) to establish two joint fellowship programmes.
Slight recovery was seen in the open market on Wednesday as the rupee posted three paisa gain versus the dollar for buying and selling at 60.47 and 60.52, respectively.
NWFP Governor Lieutenant General Ali Muhammad Jan Aurakzai (Retd) has directed for preparation of a complete plan of action to establish a reasonable network of utility stores in all the tribal agencies and frontier regions of Fata to enable the respectiv
Slight recovery was seen in the open market on Wednesday as the rupee posted three paisa gain versus the dollar for buying and selling at 60.47 and 60.52, respectively.
Pakistan Peoples' Party Parliamentarians is expected to file an FIR against Prime Minister Shaukat Aziz on Thursday, holding him squarely responsible for 'gross omissions and commissions' in the Pakistan Steel Mills' sell-off process.
Combined opposition on Wednesday prepared a draft of the charge-sheet for moving a no-trust motion against Prime Minister Shaukat Aziz, seeking his removal for Pakistan Steel Mills' sell-off fiasco, his failure to take action against stock brokers and act
Prime Minister Shaukat Aziz on Wednesday said the elements trying to disrupt peace in the country from time to time are the enemies of Islam and Pakistan.
Minister for Information and Broadcasting Muhammad Ali Durrani has said that details of decisions of Supreme Court against Benazir Bhutto and Nawaz Sharif would be made public soon.
Federal Minister for Communication Muhammad Shamim Siddiqui has asked the Construction Machinery Training Institute (CMTI) to make the training courses easy to provide better training to youths to help eradicate unemployment from country.
The National Assembly was told on Wednesday that the expenses incurred by Federal and State Ministers on foreign trips, during last three years amounted to Rs 51.66 million approximately.
There is a great need of building new dams to improve ground water availability and to recycle the polluted water to make useful for irrigation, said Dr Sarfraz K Qureshi, Former Director, Pakistan Institute of Development Economics (PIDE).
Advisor to Prime Minister on Finance and Economic Affairs Dr Salman Shah said on Wednesday that intellectual property is critical for a competitive economy as it has a special significance for socio-economic development in the ongoing globalisation moveme
The strike of the income tax officers in the twin cities of Islamabad and Rawalpindi entered into ninth day with no agreement in sight. They demanded inclusion of the regional commissionerates in the double pay package notification recently issued by the
Pakistan Peoples' Party Parliamentarians on Wednesday spilled the beans by revealing names of those whose loans amounting to Rs 22.24 billion were written off only last year.
The combined opposition walked out of the National Assembly on Wednesday against the killing of PPPP-likeminded District Nazim's brother after it accused the government of victimising and killing political opponents.
Tuesday proved to be another opposition's day both in the National Assembly and the Senate. After the Independence Day break, the opposition members looked grittier to bank on the opportunity the Supreme Court detailed verdict in Pakistan Steel Mills priv
Federal Minister for Water and Power, Liaqat Ali Jatoi told The National Assembly on Wednesday that there are 1,00,775 villages out of 1,27,568, which have been electrified by June 2006.
National Highways & Motorway police have reunited four lost children with their parents, says a press release issued on Wednesday. The Motorway police found four children from different locations during their routine patrolling.
Gulf Air - the national carrier of Sultanate of Oman is looking for expanding its activities in the region to improve its business to strengthen the country's economy, said ambassador of Oman to Pakistan, Mohammed Bin Said Bin Mohammed Al-Lanati, in a pre
You have to be down in Beirut with the Hizbollah amid this terrifying destruction--way south of the Litani river, in the territory from which Israel once vowed to expel them--to realise the nature of the past month of war and of its enormous political sig
Bitter infighting has erupted within the Israeli ruling elite following the implementation of the ceasefire in Lebanon on Monday. The inability of the Israeli military to destroy Hezbollah despite its ferocious month-long bombardment has been widely regar
The Central Board of Revenue has communicated the following clarification in response to the editorial titled "Ghost entities on Sales Tax roster", published in the Business Recorder dated 16th August 2006.
In spite of criticism being levelled by many politicians, I agree with President Musharraf when he says that three rebel Baloch Sardars have been pampered unnecessarily for 40 years, though they have been hurting their own people and the nation as well.
ICP is an autonomous body and has reportedly earned more than Rs 430 million profit during the FY 2005-06. Winding up of such a profitable institution is not a wise decision in any case. It has also been reported that some of the shareholders of ICP have
As per PTV Khabarnama on August 10th, the Prime Minister met a large group of Muslim Leaguers and explained to them the mission, vision and philosophy of the Quaid-i-Azam. Some showed surprise but it was speechless! Interestingly, those who spoke and led
A woman has alleged that a female surgeon left a towel in her abdomen during caesarean delivery at a private hospital in Lahore on February 16, 2006. Later, the same surgeon demanded Rs 40,000 for removing the towel.