The meeting of the National Price Monitoring Committee was held in Islamabad today (Monday) with Finance Minister Dr. Abdul Hafeez Shaikh in the chair. The Committee reviewed the price trend of essential commodities especially wheat, sugar and edible oil during the week. The meeting was briefed on the weekly Sensitive Price Indicator and decline inRead More

Punjab Chief Minister’s Special Assistant Firdous Ashiq Awan says government’s policies are aimed at providing equal opportunities of development for all cities. Addressing a press conference in Jehlum today (Saturday), she criticised previous government for investing too much in their home city while other small cities remained deprived of any development project. She said empoweringRead More

Information and Communication Technology exports have witnessed a surge of 958 million dollars at the highest growth rate of 40 percent in first half of the current fiscal year. According to Pakistan Software Export Board, IT exports during the same period last year were of 684 million dollars.   Source: Radio Pakistan

Economic Coordination Committee has approved reduction of Withholding Income Tax on commercial import of white sugar and raw sugar form 5.5 percent to 0.25 percent and removal of Value Added Sales Tax on import of white sugar. The approval was accorded at ECC meeting, which met in Islamabad on Wednesday with Finance Minister Dr. AbdulRead More

Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood says Pakistan is one of the largest potential e-commerce markets in the world. In a tweet on his official twitter account, he appreciated the e-commerce promoter ‘Bazaar Technologies’ on successfully raising 6.5 million dollars. The Advisor said this is impressive considering the fact thatRead More