Sunday, June 5th, 2022
‘PBF demanded early implementation of barter trade mechanism between Pak Iran’
Islamabad: /DNA/ – Pakistan Businesses Forum (PBF) has demanded for early implementation of Barter Trade Mechanism signed between Pakistan and Iran during the 9th Joint Trade Committee meeting held in Tehran to jack up bilateral trade to $5 billion annually.“The need for building more trade gateways for the business communities and people”.For Mashkeel, Panjgur and Bilangur in Kech district, it was suggested to set up industrial zones at Mirjawa and Ramdan border on the Iranian side while Taftan and Kaldan border on the Pakistani side.PBF President, Mian Usman Zulfiqar saidRead More
Pakistan to benefit from Indonesian’s palm oil export: Envoy
ISLAMABAD, JUN 05 (DNA) — Ambassador of Indonesia to Pakistan, Adam Mulawarman Tugio on Sunday said that Indonesia lifted the global ban on palm oil export from last week and now palm oil supply in Pakistan would be improved. Indonesia is the largest supplier of palm oil to Pakistan as the palm oil would now be available in the local markets, Ambassador Adam Mulawarman Tugio told state run official media outlet. In this regard, the Indonesian government is paying a special attention to increase the supply of Palm oil intoRead More
PBA, APNS condemn baseless propaganda by PTI leaders aimed at maligning county’s media
KARACHI, JUN 5 /DNA/ – In a joint statement issued today the Pakistan Broadcasters Association (PBA) and the All Pakistan Newspapers Society (APNS) strongly condemned the utterly Fake, malicious and baseless propaganda being spread by some PTI leaders aimed at maligning the county’s media. The statement stated that Fawad Chaudhry, Shahbaz Gill and Hammad Azhar continue to spread Fake news aimed at earning cheap publicity at the expense of the media. Through the joint statement the two media representative organisations warned that if these PTI leaders do not stop theirRead More
Rana Sanaullah ‘welcomes’ Imran as PTI leaders confirm return to Bani Gala for core commitee meeting
ISLAMABAD: As members of the former PTI government confirmed Imran Khan’s plans to return to Islamabad for a core committee meeting, Interior Minister Rana Sanaullah on Sunday ‘welcomed’ him, saying the police personnel protecting the former prime minister would arrest him “with great enthusiasm” once his pre-arrest bail expires. Former interior minister Sheikh Rasheed toldthat the former prime minister was planning to chair the core committee meeting at Bani Gala. Another aide, Shahbaz Gill told reporters outside Bani Gala that Imran was on his way and that the meeting would be heldRead More
Hike in electricity base tariff unlawful, violation of NEPRA rule: FEBR
ISLAMABAD: /DNA/ – The Friends of Economic and Business Reforms (FEBR) on Sunday termed the increase in electricity base tariff, which has gone up by Rs7.9/unit, as unlawful and a violation of NEPRA rules, as any jump in tariff has to be determined only after holding public hearings but unfortunately the authorities have solely decided to raise the tariff without holding public hearings. FEBR President Kashif Anwar noted that the government has raised the prices of all petroleum products, just a week after making a similar increase, following the NationalRead More
Traders demand urgent withdrawal of massive hike in POL prices and utility tariffs
Islamabad, JUN 5 /DNA/ – Jamshaid Akhtar Sheikh, Acting President Islamabad Chamber of Commerce & Industry (ICCI) called upon the government to introduce fixed tax regime for small traders in the forthcoming budget that would help in broadening the tax base and improving tax revenue of the country. He said this while addressing a meeting of ICCI Traders Committee. He further said that if it was not possible to introduce fixed tax due to IMF, then the government should immediately revive the self-assessment tax system as it had earlier boostedRead More