world

Jazz Remains Committed to its Global ‘Make Your Mark’ Initiative

ISLAMABAD (Sarzameen News)- Jazz has reiterated its commitment to Veon’s (previously VimpleCom) global ‘Make Your Mark’ initiative by providing a roadmap to assist the government of Pakistan with its ‘Vision 2025’ and contribute towards the achievement of Sustainable Development Goals 2030. Under the plan, Jazz will continue to leverage the use of Information and Communication Technology as

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Punjab budget to be presented in provincial assembly on Friday

LAHORE (Sarzameen News)- Punjab Governor Malik Muhammad Rafique Rajwana has summoned the Punjab Assembly session in the assembly chambers in Lahore on Friday. Provincial Finance Minister Dr Ayesha Ghaus Pasha will present the annual Budget for the financial year 2017-2018. She will also present Supplementary Budget Statement for the financial year 2016-2017 in the assembly.

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Lene Gaathaug joins Telenor Pakistan as chief human resource officer

ISLAMABAD (Sarzameen News)- Telenor Pakistan Thursday announced that Lene Gaathaug has been appointed the new Chief Human Resource Officer effective August 2017. As a Vice President, she will be part of the top management at the company, reporting to the CEO. Welcoming Lene to Telenor Pakistan, CEO Irfan Wahab said, “We are excited to welcome Lene to

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LCCI calls for methodology to reduce fiscal deficit

LAHORE (Sarzameen News)- The Lahore Chamber of Commerce and Industry (LCCI) on Thursday called for a new and sustainable methodology to defeat the challenge of budget deficit instead of depending on conventional ways like huge borrowing or burdening the existing taxpayers. In a statement, LCCI President Abdul Basit, Senior Vice President Amjad Ali Jawa and

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Monthly inflation inches up 5.02 pc in May

ISLAMABAD (Sarzameen News)- Consumer Price Index (CPI) on year-on-year basis during May 2017 witnessed an increase of 5.02 per cent as compared to the same month of the last year. On month-on-month basis, the inflation was recorded at a nominal increase of 0.01 per cent in May 2017 as compared to April 2017, Chief Statistician

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A foreign investor who never lost hope in Pakistani market

ISLAMABAD (Sarzameen News)- After six months of Osama Bin Laden’s killing, a foreign investor in Pakistan set up the country’s first foreign equity fund. Pakistan was again in the bad news after the killing of Al-Qaeda leader in Abbottabad. However, the Swede investor named Mattias Martinsson invested $1 million of his own money and that

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FPCCI President leaves for Russia to attend Int’l Economic Forum meeting

KARACHI (Sarzameen News)- President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Zubair Tufail on Thursday left for St. Petersburg, Russia to attend the meeting of International Economic Forum. St. Petersburg International Economic Forum (SPIEF 2017) is being attended by a number of heads of states, CEOs of multinational companies, experts and

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FBR cuts sales tax on petrol, high speed diesel

ISLAMABAD (Sarzameen News)- The Federal Board of Revenue (FBR) has trimmed the sales tax on petrol and high speed diesel, effective from June 1, 2017, following the government’s decision to cut the price of both the products. According to the notification of the FBR, sales tax on petrol has been cut by 0.5 percent to

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Dubai ends 90-day tourist visas for Pakistanis

DUBAI (Sarzameen News)- Dubai administration has ended provision of 90-day visas to Pakistanis and nationals of Philippines, uaeviral.com reported on Thursday Immigration authorities in Dubai have circulated a memo ordering all travel agencies to stop accepting 90-day visas applications filed by citizens of Pakistan and Philippines. The revised policy is to come in action starting

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London: Drugs Seized-Heavy amount of drugs Boarding Indian boat

LONDON (Sarzameen News) Drugs Seized: Indian Boat Busted Royal Navy while busting a boat of Indian fishermen in Indian Ocean has seized heroin and other drugs worth £65 million. According to Britain media, a team of Royal Navy raided the Indian boat and searched it for at least 60 hours. The drugs were recovered from

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