‘Pakistan to focus on indigenous, renewable energy sources’ | The Express Tribune

ISLAMABAD: In a meeting with the Ambassador of China to Pakistan, Jiang Zaidong, Caretaker Federal Minister Muhammad Ali conveyed Pakistan’s commitment to shaping its future energy landscape with a strong emphasis on indigenous and renewable sources. The minister highlighted the potential areas for collaboration between China and Pakistan, citing renewables, transmission networks, and DISCOs (Distribution […]

Govt to focus more on HR | The Express Tribune

ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar has expressed the interim government’s resolve to focus more on rationalising expenditures, generating revenue and developing human resources during its short constitutional tenure. Talking to a delegation of students from Harvard University, the US, the PM said that only about 9% of the population in Pakistan was contributing […]

‘FBR should focus on tax-evading sectors’ | The Express Tribune

As Pakistan grapples with one of the worst economic crises of its history, the country’s policymakers and tax authorities are focusing their energy on collecting the maximum amount of tax from the existing taxpayers, instead of focusing evaders and on the collection of Gas Infrastructure Development Cess (GIDC). According to data released by the Federal […]

Business community demands govt’s focus on marble sector | The Express Tribune

ISLAMABAD: In order to optimise the tax collection and broaden the tax base, the government should re-introduce the fixed tax regime for the marble industry on the pattern of the tier-II retailers who pay sales tax through electricity bills, suggested Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Shakeel Munir. In a statement on […]

Traders demand focus on GSP Plus | The Express Tribune

LAHORE: Businessmen have urged the new government to initiate lobbying for continuity of the GSP Plus besides implementing new Textile and Apparel Policy through revival of Pakistan Export Promotion Board. In a statement on Thursday, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chief Coordinator Ijaz Khokhar made an appeal to Prime Minister Shehbaz Sharif […]

Traders demand focus on Halal food export | The Express Tribune

KARACHI: Businessmen have called upon the government and the private sector to make serious efforts to enable Pakistan to gain its due share in the global Halal food segment. Despite being a Muslim majority country, Pakistan’s share in the global Halal food trade is mere 0.26%, said Pakistan Businesses Forum Vice President Ahmad Jawad while […]

Equities mixed, oil extends gains with focus on Ukraine

Representational image of persons standing in front of a stock exchange screen. — AFP  HONG KONG:  Stock markets were mixed Wednesday as three days of painful losses gave way to a semblance of stability, though oil prices extended gains after the United States and Britain moved to ban imports of Russian crude. But while the […]

Focus on improving productivity | The Express Tribune

KARACHI: My previous article, titled “Need for export-oriented strategies”, highlighted the low level of exports as a percentage of GDP in Pakistan and the importance of improving global and regional integration. Pakistani producers must become more productive to achieve sustainable growth in exports. This will help address the external account challenges and escape from the […]

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