Oil and Gas Regulatory Authority has issued its performance report of the year.According to the report, the OGRA issued licenses to nine companies for the purpose of oil marketing while six companies were given permission selling petroleum-related good…
SBP revising Foreign Exchange Manual
Considering the market dynamics, business environment and changes in way of doing business, the State Bank is in the process of revising the Foreign Exchange Manual in consultation with relevant stakeholders in a phased manner.According to SBP press re…
Japanese Govt Wants to Provide Financial Aid to Pakistan: Report
The Government of Japan is interested in providing Pakistan with financial support to help complete high-value economic projects.Kuninori Matsuda, Japan’s Ambassador while meeting Hammaz Azhar, the newly appointed Economic Affairs Minister, repeated Ja…
ECP rejects news item about local elections in Punjab
Election Commission of Pakistan has rejected a news item carried by a section of electronic media that it has apologized to hold local elections in Punjab.The Commission in a media release said that Punjab province has not held any consolation with the…
Pakistan moving towards transparency under dynamic leadership of PM: Buzdar
Punjab Chief Minister Sardar Usman Buzdar says that Pakistan is moving towards the transparency under the dynamic leadership of Prime Minister Imran Khan.In a statement issued from Lahore, he said that past governments had set records of corruption.The…
Polling for election of KP Assembly seats in tribal districts on Saturday
Campaign for election of Khyber Pakhtunkhwa Assembly seats in tribal districts ends at midnight tonight. The polling will be held on Saturday.The Election Commission Khyber Pakhtunkhwa has asked all the contesting candidates to follow code of conduct f…
Murad Saeed’s Ministry Sets New Records, Becomes a Role Model for Other Ministers
The Ministry of Communications has generated a revenue of Rs. 43.32 billion during 2018-19 compared to Rs 28.64 billion in 2017-18, registering a record increase of Rs 14.68 billion (51.25% increase) during the period.According to the details provided …
At OIC extraordinary meeting, Kuwait reiterates firm support for Palestinian cause
The State of Kuwait reiterated on Wednesday its firm stand in favor of the Palestinian cause, which continues to top the country’s political priorities, a Kuwaiti senior official affirmed.Through its 2018-2019 non-permanent membership of the United Nat…
Chinese Company keen to establish cell phone manufacturing factory in KP
A Chinese Telecom Company has expressed its interest in establishing a cell phone manufacturing factory in Khyber Pakhtunkhwa.The Chief Executive Officer of the company in a meeting with Provincial Finance Minister Taimur Saleem Jhagra in Peshawar toda…
Hammad Azhar reiterates full support to Japanese investors
Japanese Ambassador, Kuninori Matsuda called on the Minister for Economic Affairs Muhammad Hammad Azhar in Islamabad on Thursday and assured of full support going forward. The Minster briefed the Ambassador on the key priorities of the government …
FBR Collected Rs. 231 Million in Six Months for Phones Registered With DIRBS
The Federal Board of Revenue (FBR) has collected Rs. 231 million on the import of 120,741 mobile phones from January 15, 2019 to July 15, 2019 under the traveler baggage scheme.According to the data presented by the FBR before the Senate Standing Commi…
PTI Govt determined to eliminate terrorism: Vawda
Minister for Water Resources Faisal Vawda has said Pakistan Tehreek-e-Insaf government is determined to eliminate the menace of corruption.Talking to a private news channel, he said accountability is being carried out by national institutions across th…