Commerce

OGRA advises hike in petrol price

ISLAMABAD (Sarzameen News) – The Oil and Gas Regulatory Authority (OGRA) on Tuesday advised the Ministry of Petroleum to increase oil prices for the month of December. According to a summary sent to the ministry, OGRA has proposed that petrol price be increased by Rs4.1 per ltire. It has also advised the government to increase

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Black Friday attracts amazing sales

ISLAMABAD (Sarzameen News) – Following their marketing strategy of “Shock & Awe”, Yayvo.com really delivered both this Black Friday, after shocking the world with an early launch of their Black Friday Sales on 18th of November. The shock was followed with the remarkable Black Friday Song setting a market standard for years to come, a

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FBR to streamline tax refunds process to facilitate business community

ISLAMABAD (Sarzameen News) – Sajjad Haider Khan, Chief Commissioner, Regional Tax Office, Islamabad Tuesday said that Federal Board of Revenue (FBR) would resolve genuine tax issue of business community to facilitate them in tax payment matters. He said all eligible taxpayers should pay tax honestly as it was a national obligation. He said FBR preferred

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PML-N govt supports Islamic Banking: Dar

ISLAMABAD (Sarzameen News) – Federal Minister for Finance, Senator Ishaq Dar Tuesday said that, “The present government has always supported Islamic Banking and issuance of Sukuks during the last three years is a result of the government’s decision to support and promote Islamic Banking.” He made these remarks in a meeting with Governor State Bank

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CPEC will provide opportunity to enter global mainstream: Iftikhar Malik

LAHORE (Sarzameen News) – Vice President SAARC Chamber of Commerce & Industry Iftikhar Ali Malik Tuesday said China Pakistan Economic Corridor (CPEC) would give Pakistan the precious opportunity to enter global economic mainstream. Talking to media, he said “proper enforcement and implementation of CPEC is our responsibility, while the government and military establishment’s role in

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Thar Coal Power Plant to start commercial operation by June, 2019

ISLAMABAD (Sarzameen News) – The first phase of Thar Coal Fired Power Projects with the power production capacity of 660 MW would start its commercial operation by June 3, 2019 instead of October 2019 (the earlier set target for completion of the project). Chief Executive Officer of Sindh Engro Coal Mining Company (SECMC), Shamsudin Ahmed

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NFC Award to be taken with consensus: Dar

ISLAMABAD (Sarzameen News) – Federal Minister for Finance, Senator Ishaq Dar on Monday said that decisions regarding 9th National Finance Commission (NFC) Award will be taken with consensus. He was talking to newsmen after chairing a meeting in connection with preparation of 9th NFC Award in Islamabad. The Minister said the meeting was very fruitful

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European Aviation Network is airborne

ESPOO (Sarzameen News) – The European Aviation Network (EAN) has taken to the skies. Inmarsat and Deutsche Telekom, together with their technology partners Nokia and Thales have successfully conducted a programme of test flights in the UK. This is a major milestone in the development of EAN, the world’s first integrated satellite and air-to-ground network

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Over Rs 248.113 bln released under PSDP 2016-17: PC

ISLAMABAD (Sarzameen News) – The government has released Rs 248.113 billion for different social sector developmental projects so far under its Public Sector Development Programme (PSDP) 2016- 17 as against the total allocation of Rs 800 billion. According to the latest data released by the Planning Commission of Pakistan (PC) on Monday, Rs 7.234 billion

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Turkey can help Pak businessmen to export products to Europe through its gateway

LAHORE (Sarzameen News) – Turkey is gateway to Europe and can provide huge opportunities to the Pakistani exporters to market their products in EU countries including Pak handmade furniture which is a great demand globally in collaboration with Turkish companies. A high ranking Turkish furniture producers’ delegation headed by a leading Turkish businessman Ahmet visited

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