Sunday, March 12th, 2023
Iran shows interest to initiate more electricity projects in Pakistan
TEHRAN, MAR 12 (DNA) — Iran has shown interest to initiate more projects on electricity in Pakistan. This understanding reached in a meeting during the Energy ministers meeting of Pakistan Engineer Khurram Dastgir Khan and Ali Akbar Mehrabian of Iran in Tehran. During the meeting, mutual areas of interest were discussed, said a press release. The Energy Minister of Iran appreciated the authorities of Pakistan on construction of transmission line for the import of electricity from Iran to Gwadar on great pace. He expressed his interest to initiateRead More
Saudi-Iran rapprochement; where does Pakistan stand?
It is a fact that both Iran and Saudi Arabia never resorted to a direct scuffle however the Saudis always considered Iran a potential threat for which they always needed support from Pakistan Analysis Ansar M Bhatti March 10, 2023 would ostensibly go down in the annals of history as a landmark day when arch rivals Iran and Saudi Arabia decided to mend their fences as a result of a deal brokered by China. Though the development has taken almost all regional, and even other countries by sheer surprise, yetRead More
Intelligentsia for indigenous civil society mobilization
DNA Islamabad, Mar 12: Renowned intellectuals, technocrats, religious scholars and academics representing a cross-section of Pakistani society gathered for a special moot of the National Academic Council of Institute of Policy Studies (IPS) to contemplate measures to mitigate the ongoing national crisis, what they termed as extremely complex, multidimensional and unprecedented since the country’s independence. The veterans suggested launching of a strong, indigenous, civil society, nationwide struggle to help pull the country out of the morass within the constitutional framework. They described the ongoing situation a systemic failure whose rootRead More
Business community condemns Caretaker govt’s involvement in trade politics
ISLAMABAD, MAR 12 /DNA/ – The business community on Sunday expressed its serious concern over the involvement of Punjab caretaker government in trade politics and driving campaign for a particular group, violating the election code of conduct, as the Election Commission of Pakistan (ECP) rules bar a caretaker set-up from performing such acts. The Election Act 2017 unequivocally restricts a caretaker set-up to only run everyday affairs of the incumbent government as well as assist the ECP. They said that the Punjab Caretaker Minister for Industries, Commerce, Investment and SkillRead More
Pakistan’s First-Ever EconFest concludes
LAHORE, MAR 12: /DNA/ – Today was the second and last day of Pakistan’s first-ever EconFest. This economic festival was jointly organized by the Pakistan Institute of Development Economics (PIDE), Research for Social Transformation and Advancement (RASTA), and the Pakistan Society of Development Economists (PSDE). The topics of discussion for today were policy; reforms; building brands and franchising; foreign aid; taxation; local government; law, justice, and economy; the urgency of economic reforms; and other important topics. Talking about branding and franchising in Pakistan, branding and franchising are still in theRead More
Exports continue to drop as govt ignoring textile sector
KARACHI, MAR 12 /DNA/ – Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has expressed deep concern over continued decline in textile exports, which have dropped by around 28% year-on- year and almost 9% month-on-month, reaching $1.20 billion in Feb 2023. PHMA Zonal Chairman Naseer Butt said that apart from the global market slowdown the government is also responsible for the constant decline in textile exports because of its delay in refunds to exporters, demanding the government to immediately release all pending Sales Tax Refunds, Custom Rebate claims, DLTL claims andRead More