PTA conducts 72 QoS surveys to measure quality of CMOs services
Pakistan Telecommunication Authority (PTA) in collaboration with Cellular Mobile Operators (CMOs) has carried out 72 independent Quality of Service (QoS surveys and network optimization exercises in different cities of Pakistan to measure the performance and quality of the operators. According to an annual report of the Pakistan Telecommunication Authority (PTA), the authority conducted a nationwide…
Adil Aziz
Government needs to target advance manufacturing products to boost exports’ value: Study
As the country’s exports’ value has remained stagnant for over a decade due to having concentrated largely in traditional sectors, a study suggested the policy makers to diversify the exports product base besides targeting industries with large global exports wallets, which are in advanced manufacturing products. The report jointly conducted by the Planning Commission and…
Implementation of CCP laws can cut prices by 30 pc: Rahat Kaunain
Competition Commission of Pakistan (CCP) Chairperson Rahat Kaunain said that complete implementation on competition laws would reduce the prices of essential items by 25 to 30 percent, end the cartel of different sectors and convert the Pakistan’s economy into a functional economy. She expressed these views in a discussion programme with members of Lahore Economic…
More opportunities ahead for Pakistan after 10 years of BRI: Ahsan Iqbal
Federal Minister for Planning, Development and Reform Professor Ahsan Iqbal has said that China’s ‘Belt and Road Initiative’ (BRI) is aligned with Pakistan’s development strategy and national interests. “Not only the initiative has boosted the national economy and people’s living standards over the last decade through China-Pakistan Economic Corridor (CPEC), but also will assist Pakistan…
France provides € 120 Million for Keyal Khuwar Hydropower Project
The government of France would provide soft loans of € 120 million for Keyal Khuwar 128 MW Hydropower Project located in Khyber Pakhtunkhwa province. According to press release issued by Economic Affairs Division, Secretary, Ministry of Economic Affairs (MoEA), Dr. Kazim Niaz and Country Director, French Agency for Development, Philippe Steinmetz signed an agreement in…
Gwadar port receives another bulk DAP vessel for Afghan Trade Transit
The Gwadar Port being operated under the flagship China Economic Corridor (CPEC) has received another bulk vessel of DAP for Afghan Transit Trade and will discharge approximately 28000 metric tons. An official of the Planning Ministry told that the DAP fertilizer received on the port would be transported via Chamman and Torkham. The official added…
Prices of petroleum products to remain unchanged
Minister for Finance and Revenue Senator Muhammad Ishaq Dar said that the government has decided to keep the existing prices of petroleum products unchanged for next 15 days to facilitate the masses in the country, particularly to provide relief to lower-income people during intense winters. Addressing a press conference, the minister said that these prices…
4TH Financial Crime Summit Highlights Critical Challenges & Proposes Solutions
The 4th annual financial crime summit was held today in Karachi, with the theme ‘Post-FATF Financial Crime Action Plan – Continuing the National Anti-Financial Crime Agenda’. The Summit was organized by Dellsons Conferences under the banner of Dellsons Associates, together with its Knowledge Partner, A. F. Ferguson & Co. (a member firm of the PwC…
SBP facilitates Entities and Freelancers to enhance export of Software, IT & IT Enabled Services
To facilitate exporters of software, IT & IT Enabled Services, State Bank of Pakistan (SBP) has amended its foreign exchange regulations, advising the banks to mandatorily allow, till March 31, 2023, retention of 35% of their export proceeds in special foreign currency accounts. However, such exporters need to be registered either with Pakistan Software Export…
PM encourages Abu Dhabi Chamber to avail excellent business opportunities in Pakistan
Prime Minister Shehbaz Sharif urged the members of the Abu Dhabi Chamber to visit Pakistan and experience the “excellent” opportunities of growing their business. The prime minister, in a meeting with a delegation of Abu Dhabi Chamber of Commerce during his two-day visit to the UAE, said that bilateral trade between Pakistan and the UAE…