Commerce

UNODC, Pakistan sign Country Programme to tackle various crime

VIENNA (Sarzameen News) – In an official ceremony in Vienna Friday, the United Nations Office on Drugs and Crime (UNODC) and the Government of Pakistan signed a USD 70 Million Country Programme. The signing took place between the Deputy Executive Director Mr. Aldo Lale-Demoz and the Federal Secretary, Narcotics Control Division of Pakistan Mr. Ajaz

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SCO to complete Pak-China optical fiber cable project by June 2017

ISLAMABAD (Sarzameen News) – The Special Communications Organization (SCO) will complete Pak-China Optical Fiber Cable project by June next year. This was stated by Sector Commander SCO Gilgit Baltistan Col. Imran Ahmed Bhatti in an interview on Thursday. He said laying of Cable optical Cable work is continuing from both sites of Mansara and Khunjerab

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Govt announces hike in petroleum prices

ISLAMABAD (Sarzameen News) – The Federal Government has announced hike in prices of petroleum products. According to the new notification, petrol prices would increase by Rs. 2/litre while high speed diesel’sprice will hike by Rs. 2.70/litre. However, no price change will be observed in case of kerosene and light diesel oil. Earlier, Oil and Gas

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Govt revises petroleum prices

ISLAMABAD (Sarzameen News) – The government on Wednesday revised the prices of petroleum products for the next month. Addressing news conference in Islamabad on Wednesday evening, Finance Minister Ishaq Dar said the prices of kerosene oil and light diesel oil have been kept unchanged, while petrol and high speed diesel prices have been increased. “The

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SECP head to inaugurate Islamic financing facility centre in Rawalpindi

ISLAMABAD (Sarzameen News) – The Securities and Exchange Commission of Pakistan (SECP) chairman, Zafar Hijazi will inaugurate today (Thursday, December 1) the first Islamic financing facility centre in Rawalpindi set up by the modaraba sector. First Habib Modaraba, Orix Modaraba, Allied Rental Modaraba and Trust Modaraba have completed the arrangements to open an Islamic financing

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NEPRA announces reduction in electricity price

ISLAMABAD (Sarzameen News) – The National Electric Regulatory Authority (NEPRA) Wednesday issued notification for reduction in electricity price by 2.60 rupees a unit on account of variations in the fuel charges for the month of October 2016. Variations in the fuel charges for the month of October 2016. The new tariff will be applicable to

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KCCI opposes FBR audit policy 2016

KARACHI (Sarzameen News) – President of the Karachi Chamber of Commerce and Industry Shamim Ahmed Firpo, while expressing sheer disappointment over the recently approved ‘FBR Audit Policy 2016’, termed it as ‘yet another attempt’ to harass the loyal taxpayers as this new policy empowers the officers to carry out audit of those cases again which

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Nov 30 last date for exchange all old design banknotes

ISLAMABAD (Sarzameen News) – The last date to exchange all old design banknotes of ten, fifty, hundred and one thousand rupees denomination from the authorized banks of State Bank was Wednesday, November 30. The State Bank has warned the general public that all old design banknotes will cease to be legal tender from Thursday and

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Pak-Afghan trade increased to US$ 1.84 bln: Dar

ISLAMABAD (Sarzameen News) – Federal Minister for Finance, Senator Ishaq Dar has said that, “Pak-Afghan bilateral trade has increased from US$ 1.11 billion in 2005-06 to US$ 1.84 billion in 2015-16.” “Exports from Pakistan to Afghanistan have increased from US$ 1.06 billion to US$ 1.43 billion during this period and there is a big potential

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Nepra hikes power tariff by 0.48/unit for Karachi

ISLAMABAD (Sarzameen News) – The National Electric Power Supply Company (Nepra) Tuesday approved 0.48 per unit hike in power tariff for the people of Karachi. According to the department, fuel worth over Rs 190 million was used in October this year to produce electricity while power generated through other means cost additionally around Rs 530

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