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Bilateral trade: LCCI chief urges check on smuggled goods

ISLAMABAD: President of Lahore Chamber of Commerce and Industry (LCCI) Abdul Basit said that restriction on illegal trade would give considerable boost to trade relations between Iran and Pakistan. In an Interview with IRNA, he said that illegal trade should be treated with an iron hand since it was damaging …

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Why the SC’s ruling is crucial in controlling spending

ISLAMABAD: The decision of the Supreme Court of Pakistan to reject the government’s review petition against curtailment of discretionary spending powers of the prime minister and put a stop on unchecked supplementary grants issued by the finance ministry may severely affect the government’s business. Many see the Supreme Court’s judgement …

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PSO unveils premium quality petrol

KARACHI: Pakistan State Oil (PSO) will launch improved quality petrol and HOBC fuel from Monday morning (today), ahead of its nationwide sale over the next three to four days. “The price of deregulated HOBC, under the new name of Altron X High Performance, will go up by Rs5-7 per litre,” …

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The fine print on the CPEC portfolio

ISLAMABAD: Mega projects are all about multi-billion dollar budgets, fast-tracking schedules and triggering media hype. However, they also involve creating a consistent but compelling narrative for stakeholder consensus. Pakistan too, is expected to get a “CPEC booster shot” of around $5 billion in Foreign Direct Investment over the next couple …

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Textile millers demand incentive package

KARACHI: All Pakistan Textile Mills Association (Aptma) Senior Vice Chairman Zahid Mazhar has urged Prime Minister Nawaz Sharif to announce a textile package for exporters without further delay in order to help increase exports, utilise idle capacity, create jobs and attract investments in the country. He said total exports of …

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