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Articles for tag: builders, business community, crime, extortion, Interpol, Karachi, Police, SITE Association, Traders

Pak Afghan jirga makes progress, Torkham could be opened anytime: member

ISLAMABAD: Pakistani and Afghan elders and traders made progress in a joint Jirga held on Monday to discuss the reopening of Torkham, a key border crossing for trade and pedestrians, a Jirga member said. Torkham was closed on Feb 21 after a controversy surfaced over constructions on both sides near the border. Pakistan Foreign Ministry spokesman Shafqat Ali Khan told a weekly press briefing on March 13 that the Afghan side had carried out an illegal and unilateral construction activity within the Pakistani territory at two points along the Pakistan border. On their part, Afghan Taliban officials insisted that they

Govt pursuing strategy for investor-friendly policies: PM Shehbaz

Prime Minister Shehbaz Sharif says business community and industrialists are the backbone of country’s economy and resolving their problems is government’s top priority. Talking to leading businessmen and industrialists in Islamabad, he said the government is vigorously pursuing the strategy to bring in business and investor-friendly policies in the country. The Prime Minster said the business community and investors have been provided with a simple and easy platform under the Special Investment Facilitation Council, where facilities are being provided under one-window operation. He informed that a major task has been completed regarding the digitization of the Federal Board of Revenue

September 5, 2024

News Desk

Pakistan-Indonesia trade jumped to $3.34 billion

KARACHI: Indonesian Consul General in Karachi, Teguh Wiweko, said that despite global challenges, bilateral trade between Indonesia and Pakistan reached an impressive $3.34 billion in 2023 and recorded a remarkable growth of 69.99% in the first quarter of 2024. Responding to the remarks of Hyderabad Chamber of Micro Traders and Small Industry, Muhammad Farooq Shaikhani, the envoy announced that the 39th Trade Expo Indonesia will be held from October 9 to 12, 2024 with the theme “Building a strong connection with the best of Indonesia.” Highlighting the long history of mutual cooperation and development between Indonesia and Pakistan, he emphasized

August 1, 2024

News Desk

Gohar Ejaz attacks power producers for charging billions without generating power

Former caretaker Commerce Minister Dr Gohar Ejaz criticized the Independent Power Producers (IPPs) for allegedly charging the government Rs 200 billion without generating a single unit of electricity. At a press conference in Islamabad, Dr Ejaz called for a forensic audit of these transactions and questioned the effectiveness of the country’s energy policies. According to Dr Ejaz, three power plants were paid a substantial amount of Rs 200 billion, despite producing zero units of electricity. He highlighted the frustration of the business community, which demands transparency and accountability in the energy sector. “The business community stands with the 240 million

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