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Saturday, June 10th, 2023

 

Budget balanced, industrial costs will remain high

KARACHI, JUN 10 /DNA/ – Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Saturday that the budget is overall balanced. Attention has been given to every sector except the industrial sector. The cost reduction of the industrial sector has not been addressed, so the export and manufacturing sectors will not be able to achieve the target, he said. “Agriculture, SMEs, IT, solar, and many other sectors will get a boost due toRead More


The Importance of Reputation Management in the Age of Deception and Propaganda

Imran Ghaznavi In today’s fast-paced and interconnected world, where information spreads at lightning speed, reputation management has become an essential tool for individuals, businesses, and even governments. The age of deception and propaganda presents significant challenges, making it crucial for entities to actively protect and cultivate their reputations. Gone are the days when reputation management was only associated with public figures or corporate giants. With the rise of social media and the democratization of information, everyone now has a platform to express their opinions and influence public perception. However, thisRead More


Kazakhstan Airlines’ inaugural flight to land in Pakistan on July 8

ISLAMABAD, JUN 10: The highly-anticipated first flight of Kazakhstan’s SCAT Air Company from Almaty to Lahore is set to commence on July 8. The Embassy of Kazakhstan in Pakistan, in a press release, said that the flights will operate twice a week, specifically on Wednesdays and Saturdays, utilising the comfort of a Boeing 737 aircraft. Passengers can already purchase tickets for this new and exciting route. Lahore is renowned as the cultural center of Pakistan, and it offers a fascinating experience for tourists. The city boasts magnificent architecture, with theRead More


German embassy hosts annual alumni gathering in Islamabad

ISLAMABAD, JUN 10 /DNA/ – The German Embassy in Islamabad hosted its annual Alumni gathering, bringing together a diverse group of scholars and fellows who have studied and conducted research in Germany. The event, attended by a large number of Alumni from prestigious programs such as the German Academic Exchange service DAAD, the Alexander von Humboldt Foundation AvH, and the CrossCulture Program CCP, provided a platform for them to reconnect and share their experiences.  Ms. Dorota Berezicki, Head of Communications and Cultural Affairs, set the stage with welcome remarks. HisRead More


Mian Anjum Nisar says Federal Budget 2023-24 lacks long-term direction to economy

ISLAMABAD, JUN 10 /DNA/ – The Federal Budget 2023-24 can be termed as a short-term, ad-hoc and an expansionary budget in an unusual time of economic emergency, looking like an interim budget, with short-term policies, lacking solid measures to stabilize the economy, having no focus on changing economic priorities. These views were expressed by the SAARC Chambers of Commerce and Industries’ (SCCI) newly-elected Vice President and FPCCI’s Businessmen Panel (BMP) Chairman Mian Anjum Nisar while giving his reaction over the new budget. The FPCCI former president and BMP Chairman saidRead More


Industrial sector ignored in the federal budget

ISLAMABAD, JUN 10: President of Islamabad Industrial Association (IIA) Muhammad Ahmed said on Saturday that the budget is not very pleasing for the industrialist community. Lauding the budget has said that IT, SME, solar, agro-based industry, will take a boost after getting tax holidays as well as reduced tax tariffs, and minimum compliance of documentation. Speaking at the post-budget press conference, Muhammad Ahmed Waheed said that Super Tax has been imposed across the board on income above Rs150 million, which was previously Rs300 million and only applicable on ten sectors includingRead More