Pak Elektron Limited (Pel) has announced the expansion of its strategic partnership with Panasonic to provide distinguished LED solutions in Pakistan. The company said in a notice to the Pakistan Exchange (PSX) on Monday that this partnership aims to meet the increasing demand for advanced visual experiences in the country. The partnership is expected to … Read more
Federal Finance Minister Mohamed Oranquit said that the upcoming federal budget will include the relief measures targeted for individuals with wages and increased discounts in the electricity tariff, with the aim of implementing by July. During his talk to the media after the opening of the Gujranwala exhibition, organized by the Local Chamber of Commerce … Read more
IslamabadThe government is scheduled to submit a law for bankruptcy to help companies, especially in reviving the troubled industrial units, according to Aaron Aarkh Khan, a special assistant to the Prime Minister for Industries and Production. Speaking at a session in the Chamber of Commerce and Industry in Lahore (LCCI), Khan stressed that restoring work … Read more
Islamabad: The Finance Department of the Central Directorate of National Movils (CDNS) directed the launch of digital prizes, to replace the bonds of its holder. The initiative is important to its paper -free nature, which reduces the costs of printing and logistical services, while filling the gap left by stopping paper bonds and providing a … Read more
The World Bank has agreed to extend a new loan of $ 1 billion for the first stage of the DSU hydroelectric project, pending the approval of the concept of the revised project 1 (PC-1), which now reflects a major escalation of costs. The estimated cost of the project increased by 190 % from 586 … Read more
Iranian transport operators are now required to provide bank guarantees to Pakistani customs authorities for goods shipped via Iranian transport companies from Taftan border to NLC dry port in Quetta. The Federal Board of Revenue (FBR) introduced this change through the amendment to the Customs Rules 2001 through SRO.1913(I)/2024. Under the updated rules, Iranian transport … Read more
Naqvi meets Chinese envoy amid shooting of Chinese nationals in Karachi; Agreeing on a joint security strategy Special correspondent ISLAMABAD: Federal Interior Minister Mohsin Naqvi has assured China of Pakistan’s commitment to the safety of its citizens and projects following the recent shooting incident involving two Chinese workers in Karachi. Naqvi made the remarks during … Read more