Business News

China extends cooperation to bring Pak out of energy crisisChinese delegation meets Shahbaz

China extends cooperation to bring Pak out of energy crisis

Salim Ahmed

Lahore—A high level delegation of Energy Planning Working Group of China called on Punjab Chief Minister Muhammad Shahbaz Sharif at Chief Minister’s Office here today. The delegation was led by Administrator National Energy Administration Zhang Yuqing and included senior officials of National Energy Administration, coal department, research institutes, Exim Bank, China Development Bank and investment companies in energy sector. Provincial Ministers, Federal Secretary Water & Power, Chairman Planning & Development, Additional Chief Secretary Energy and concerned officers were present.

Pakistan, Indonesia joint chamber of commerce MoU signed

Amanullah Khan

Karachi—Rossalis R. Adenan, the Consul General of Indonesia has said that the establishment of a joint Chamber of Commerce between Pakistan and Indonesia under the MoU signed between Indoanesian Federation and Federation of Pakistan Chamber of Commerce and Industry. The Indonesian diplomat on the completion of his tenure in Pakistan had a courtesy visit to FPCCI here today. He said that the MOU need proper follow-up by the concerned quarters and national chambers as well.

No disruption in PIA flight operation to KSA

Staff Reporter

Karachi—PIA flight operations to Saudi Arabia goes on as usual without any disruption of flights in terms of parking payments to Civil Aviation Authority of Kingdom of Saudi Arabia as aired by a section of TV News Channels. Parking payments to Civil Aviation Authorities world over is a continuous and ongoing process not only for PIA but also for all airlines and does not result in stoppage of flight operations.

International SAARC insurance conference concludes on positive move

Staff Reporter

Karachi—The panel of CEOs of the insurance companies unanimously agreed upon innovating and revitalizing the insurance markets through building cross border partnerships and smooth flow of information and resources among the regional partners at the concluding session of the two-day SAARC Insurance regulators conference. The grand event of the International Conference of the insurance regulators of the SAARC countries closed with note of appreciation to all the esteemed participants and to the Securities and Exchange Commission of Pakistan whose untiring efforts and vision for broader collaboration across the region made this event a destined success.

LCCI taking right steps to resolve taxation issues

Staff Reporter

Lahore—Lahore Chamber of Commerce and Industry is making all out efforts to get resolved all the taxation related issued being faced by the business community. The LCCI Vice President Kashif Anwar while speaking at annual general meeting of the Lahore Crockery and Glassware Merchants Group here on Wednesday stated this. The Chairman of the Lahore Crockery and Glassware Merchants Group Haji Farrukh Iqbal, President Tariq Hameed, Senior Vice President Muhammad Shaukat, Vice President Irfan Rasheed and President Shah Alam Board Khawaja Muhammad Amir also spoke on the occasion.

US extends support to Pak economic growth & regional integration

Islamabad—The United States demonstrated its support for Pakistan’s economic growth at the Central Asian Business Opportunities Conference held in Islamabad from April 14- 16. Accordgin to a press release issued here on Wednesday, significant outcomes of the Conference included the signing of six Memoranda of Understanding (MoUs) between Pakistan, Afghanistan and Central Asian businesses to promote regional trade and investment as a means to facilitate regional economic growth.

FBR holds taxpayers facilitation workshop

Islamabad—Federal Board of Revenue held an interactive workshop in Hyderabad on Wednesday to interact with the taxpayers regarding the roles and responsibilities of Withholding Agents and to explain the various e-services extended to them through FBR’s portal. Commissioner RTO Hyderabad Dr. Tauqeer Ahmed inaugurated the workshop by briefly introducing the format and series of presentations and the objectives of the workshop, said a statement recieved by the FBR.

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