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Cement sales bounce 41% in May

Cement sales bounce 41% in May

The cement sector recorded growth of 49.86% in May 2021 as total sales reached 3.947 million tons against 2.634 million tons in the same month of the previous fiscal year. According to data released by…

Businesses
FBR issues clarification on Single Window Program

FBR issues clarification on Single Window Program

Federal Board of Revenue has issued a clarification on the news published in the daily “Dunya” dated May 21, 2021. That Revenue Division could only spend Rs. 10,300/- on Single Window Program out of allocated…

Businesses
MG Pakistan going to launch a budget car in Pakistan

MG Pakistan going to launch a budget car in Pakistan

This budget car targeted for the middle class of Pakistan. It is possibly a sporty look hatchback. Although Javed Afridi didn’t share any details about the vehicle set to be launched. But according to the…

Businesses
Saudi Arabia New Vaccine Decision Raised Problems for Pakistan Travel Industry

Saudi Arabia New Vaccine Decision Raised Problems for Pakistan Travel Industry

In a new development, Saudi Arabia has set a travel permit requirement for foreign travelers with the COVID-19 vaccine. However, the new condition has made it difficult for Pakistanis to plan to travel to the…

Businesses
Amazon in Pakistan

Amazon in Pakistan

E-commerce giant Amazon will add Pakistan to its approved sellers list within a few days. Amazon currently have 102 other countries on its platform.  Prime Minister Imran Khan announced this development on Thursday, and said…

Businesses
Over 35 bank accounts of Jahangir Tareen and his family frozen

Over 35 bank accounts of Jahangir Tareen and his family frozen

According to media reports, more than 35 bank accounts of Jahangir Khan Tareen and two members of his family have been frozen over involvement in the sugar scandal. Freeze Bank accounts include total of 36…

Businesses
SECP issues circular enabling startups to increase capital against property

SECP issues circular enabling startups to increase capital against property

SECP issued a circular No 11 of 2021 explicitly allowing private companies and startups to increase capital by receiving immovable property, intangible assets and services from investors. Securities and Exchange Commission of Pakistan (SECP) allows…

Businesses
Federal Cabinet Rejected Summary of Sugar and Cotton Imports from India

Federal Cabinet Rejected Summary of Sugar and Cotton Imports from India

On Thursday, the federal cabinet rejected a summary of sugar and cotton imports from India. According to media reports, a meeting of the Federal Cabinet was held under the chairmanship of Prime Minister Imran Khan…

Businesses
Pakistan to import sugar, cotton from India: Hammad Azhar Press Conference

Pakistan to import sugar, cotton from India: Hammad Azhar Press Conference

Federal Finance Minister Hammad Azhar while during press conference at PID said on Wednesday that the government has decided to import 0.5 million metric tonnes of sugar from India. While addressing a press conference at…

Businesses
Government Reopens Applications Under Kamyab Jawan Loan Program

Government Reopens Applications Under Kamyab Jawan Loan Program

Government of Pakistan has re-opened the applications under there loan scheme named, “Kamyab Jawan Program”. This entrepreneurship loan is to uplift the youth of the country by offering different loans in order to start the…

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