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DIRC holds inaugural meeting to strategize relocation of industrial units
FAISALABAD, Jan 14 (APP):”District Industrial Relocation Committee (DIRC),” established by Commissioner Raja Jahangir Anwar, has convened its inaugural meeting today to strategize the phased and voluntary relocation of industrial units from the city center. Director General (DG) Faisalabad Development Authority (FDA) Muhammad Asif Chaudhary, who serves as committee’s convener presided over the meeting while Additional […]
Speakers call for urgent urban reforms as Pakistan’s cities expand rapidly
ISLAMABAD, Jan 14 (APP):Speakers at a seminar hosted by the Pakistan Institute of Development Economics (PIDE) on Wednesday underscored the urgent need for comprehensive urban reforms, warning that Pakistan’s rapidly growing cities are outpacing the development of essential infrastructure and services. The seminar, titled “Infrastructural Imbalances Amid Rapid Urbanization in Pakistan,” was held at A.R. […]
Rupee gains 03 paisa against US Dollar
ISLAMABAD, Jan 14 (APP):The Rupee on Wednesday appreciated by 03 paisa against the US Dollar in interbank trading and closed at Rs 279.97 compared to the previous day’s closing at Rs 280.00. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at […]
RCCI, Uzbekistan explore trade expansion with pharma sector in focus
RAWALPINDI, Jan 14 (APP):A meeting and interactive session was held between the Rawalpindi Chamber of Commerce & Industry (RCCI) and Shohrukh Gulamov, Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan, in Islamabad, aimed at strengthening bilateral economic cooperation and exploring new avenues of trade and investment. President RCCI, Usman Shaukat, along […]
FBR prioritizes documented economy, through reforms, digital transformation
ISLAMABAD, Jan 14 (APP):The Federal Board of Revenue (FBR) has placed institutional reform, digital transformation, and automation at the top of its agenda to help build a documented economy, with the ultimate objective of significantly increasing Pakistan’s tax-to-GDP ratio. Dr Najeeb Ullah, Chief Reforms and Modernization at the FBR, said that reforms and digitization are […]
Gold prices surge by Rs4,300 per tola
ISLAMABAD, Jan 14 (APP):Gold prices witnessed a sharp increase in the local market on Wednesday, as the price of 24-karat gold per tola surged by Rs4,300 to settle at Rs486,162. The price of 10 grams of 24-karat gold increased by Rs3,687 to Rs416,805, according to the All Pakistan Sarafa Gems and Jewellers Association. Likewise, the […]
Car sales increase by 41.73% during 1HFY 2026
ISLAMABAD, Jan 14 (APP):The sale of cars in the country witnessed an increase of 41.73 during the first half of the current fiscal year 2025-26 as compared to the corresponding half of last year. During the July-December 2025-26, as many as 65,910 cars were sold against the sale of 46,502 units, showing growth of 41.73 […]
CM Balochistan, SAPM discuss cooperation for SMEs development
ISLAMABAD, Jan 14 (APP):Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan on Wednesday held an important meeting with Chief Minister Balochistan Mir Sarfraz Bugti and discussed enhanced cooperation between the federal and provincial governments for the promotion and development of Small and Medium Enterprises (SMEs). Welcoming the Chief Minister […]
Pakistan,UAE move closer to CEPA as technical talks near conclusion: Jam Kamal
ISLAMABAD, Jan 14 (APP):Federal Minister for Commerce Jam Kamal Khan on Wednesday said that Pakistan and United Arab Emirates (UAE) are moving closer to the Comprehensive Economic Partnership Agreement (CEPA) as technical talks near conclusion. Ambassador of the United Arab Emirates to Pakistan, Salem Mohammed Salem Al Bawab Al Zaabi, called on Federal Minister for […]
ICCI President highlights key proposals for tax facilitation, ease of doing business
ISLAMABAD, Jan 13 (APP):President Islamabad Chamber of Commerce and Industry (ICCI) on Tuesday highlighted key proposals for tax facilitation and ease of doing business. President ICCI endorsed these concerns and reiterated the Chamber’s demands, stressing that tax reforms and enforcement measures must be business-friendly, consultative and aligned with ground realities, particularly for small and medium […]