Business

ISLAMABAD:(APS)March 27,2017-Minister for Planning, Development and Reform, Ahsan Iqbal has inaugurated China Pakistan Economic Corridor (CPEC) Center of Excellence in Islamabad on Monday. Addressing the inaugural ceremony, Ahsan Iqbal said it is a very special day when dream is coming true by establishing a unique institute that would undertake research on the future of Pakistan. “Today is the era of ... Read More »

KARACHI:(APS)March 14, 2017- Prime Minister Muhammad Nawaz Sharif met with leading businessmen at Governor House Karachi.   Prime Minister said that when our government took office in 2013, we were faced with problems including terrorism, economic decline and energy shortage. However, our government took it as a challenge and worked tirelessly to overcome these problems. Today, by the grace of Almighty; ... Read More »

ISLAMABAD:(APS)Feb 11,2017-Finance Minister Ishaq Dar has said that ensuring well-being of general public will be accorded the utmost priority in next budget. He expressed these views while chairing a high-level meeting in Islamabad on Saturday to review matters for federal budget 2017-18. The Minister was briefed on preparation for the budget. Ishaq Dar expressed his satisfaction with the preparations and ... Read More »

ISLAMABAD:(APS)FEB 6,2017-Pakistan has invited Bahrain to take advantage of improved business environment and invest in energy, infrastructure and agriculture sectors. The offer was made by Advisor on Foreign Affairs Sartaj Aziz during Pakistan-Bahrain Joint Ministerial Commission meeting in Islamabad on Monday. Later, talking to newsmen along with Foreign Minister of Bahrain Shaikh Khalid Bin Ahmad Al Khalifa, the Advisor said ... Read More »

ISLAMABAD: (APS) January 12, 2017– Pakistan People’s Party Parliamentarians (PPPP) President Asif Ali Zardari has on Thursday said that the federal government is damaging Pakistan’s economy upon foreign pressure, reported APS News. In a statement, Zardari said that the federal government was playing with fire as removal of the subsidy on fertiliser might spark issues between the provinces. He said ... Read More »

ISLAMABAD:(APS)December 19, 2016-The Senate on Monday passed a resolution seeking withdrawal of high denomination Rs5,000 currency notes from circulation in order to curb the flow of black money. Senator Usman Saif Ullah Khan of PML tabled the resolution that was endorsed by the majority of law makers in the Upper House. The resolution said that the withdrawal of Rs5,000 notes ... Read More »

ISLAMABAD:(APS)December 2, 2016-Finance Minister Ishaq Dar says the economy of the country has been improved and strengthened due to the prudent policies of the government. He was addressing participants of National Security Workshop at Institute for Strategic Studies, Research and Analysis, National Defence University in Islamabad today. The Finance Minister said that after coming into power in 2013, the government ... Read More »

ISLAMABAD: (APS)November 28, 2016-The 2nd meeting of the 9th National Finance Commission (NFC) was held in Islamabad today with the Finance Minister Ishaq Dar in the chair. The meeting unanimously approved the Biannual Implementation Monitoring Report of the 7th NFC Award. The Commission received presentations from the four Working Groups and prepared recommendations for the 9th NFC Award. The Commission ... Read More »

ISLAMABAD:(APS)November 25, 2016-The President of Federation of Chambers of Commerce and Industry (FPCCI) Rauf Alam and former President of FPCCI Muzamil Sabri called on the Federal Minister for Finance Senator Mohammad Ishaq Dar here today. Rauf Alam expressed his gratitude to the Prime Minister Nawaz Sharif and thanked the Finance Minister for reducing Rs. 200 per MMBTU in the gas ... Read More »

Chiniot:(APS) November 14, 2016- We will provide academic facilities to Chiniot like Oxford. Medical College will be functioned soon.  New opportunities for business will be provided and the city will be become the hub of economic activities.  It was stated by Chairman Finance Committee of National Assembly Qaiser Ahmed Sheikh on the occasion of inauguration ceremony of Welfare Complex here ... Read More »

ISLAMABAD:(APS)October 26, 2016-The Senate Standing Committee on Finance, Revenues, Economic Affairs, Statistics and Privatization met at the Parliament House under the Chairmanship of Senator Saleem Mandviwalla.  The Committee besides some other issues also considered different Bills referred by the House for consideration and report.  The Committee unanimously recommended that the Companies (appointment of legal advisors) Bill, 2016, may be passed ... Read More »

Doha :(APS)October 24, 2016-President Mamnoon Hussain has said economic stability and improvement in law and order has attracted investors from across the world to Pakistan. He was talking to a delegation of Qatari businessmen association in Doha today which expressed deep interest to invest in Pakistan. The President said the central Asian states have also expressed their confidence in the ... Read More »

ISLAMABAD:(APS)October 24, 2016-Christine Lagarde, Managing Director, IMF called on Prime Minister Muhammad Nawaz Sharif at PM House today. Appreciating IMF’s assistance for Pakistan’s economic recovery and macroeconomic stability, the Prime Minister said that the present Government has achieved economic stability by pursuing a comprehensive reforms agenda. The Prime Minister added that the tireless efforts of the economic team of the ... Read More »

KARACHI:(APS)October 23, 2016-State Bank said that have been frozen for more than four thousand bank accounts of those involved in terrorist activities in the country. The State Bank of Pakistan spokesman Abid Qamar said that according to the list provided by the counter-terrorism institutions NACTA there were frozen in bank accounts whose names are contained in the Fourth Schedule of ... Read More »

ISLAMABAD:(APS)October 22, 2016-Finance Minister Ishaq Dar says the government is successfully dealing with the challenges of economy, energy shortage, and terrorism. He was addressing the inaugural ceremony of the new building of Federation of Pakistan Chambers of Commerce and Industry in Islamabad on Saturday. The Finance Minister said the country was on the brink of bankruptcy in 2013 with less ... Read More »

WASHINGTON: (APS) October 8, 2016– Authorities of International Monetary Fund and the World Bank have declared Ishaq Dar, the best Finance Minister in South Asia of 2016 in an annual meeting. Dar is to be presented an award in this regard by the foreign authorities this year. Sources privy to Finance Ministry reported that in light of tensed situation at ... Read More »

ISLAMABAD:(APS)Sept 09,2016-Iran’s Ambassador to Pakistan Mehdi Honardoust has said his country has the capability to help the development of the economy of Pakistan through energy supply and construction of roads, railways dams and others area. He said that bilateral trade will get unprecedented boost after resolution of problems regarding banking which would disappear soon. He said while talking to President ... Read More »

ISLAMABAD:(APS)August 30, 2016-Finance Minister Ishaq Dar says efforts are being made to finalize the next NFC Award by December 31 this year. He was talking to newsmen along with Sindh Chief Minister Syed Murad Ali Shah after a meeting in Islamabad on Tuesday afternoon. The Finance Minister said an important meeting in this regard will be held in Lahore on ... Read More »

ISLAMABAD (APS)August 10, 2016- – Federal Minister of Finance Ishaq Dar submitted a written statement in the National Assembly (NA) on Wednesday, stating that the Federal Board of Revenue (FBR) has initiated investigation against the Panama Leaks, reported APS News. It was further added in Dar’s statement that FBR was obtaining documented evidence regarding investment made in off-shore companies and ... Read More »

ISLAMABAD:(APS)July 30, 2016-The government has decided to keep the prices of petroleum products unchanged for the next month. Talking to newsmen in Islamabad on Saturday afternoon, Finance Minister Ishaq Dar said the decision has been taken on the directive of Prime Minister Muhammad Nawaz Sharif. He said the government will provide subsidy of two billion rupees on price of petroleum ... Read More »