Industry
Gold prices surge by Rs9,200 per tola
ISLAMABAD, Jan 5 (APP):Gold prices increased sharply in the local market on Monday, as the price of 24-karat gold per tola surged by Rs.9,200 to settle at Rs 464,762, while the price of 10 grams of 24-karat gold went up by Rs 7,888 to Rs 398,458, according to the All Pakistan Sarafa Gems and Jewellers […]
RTO-II Karachi detains three trucks Carrying 1,800 sugar bags with fake track, trace stamps
ISLAMABAD, Jan 5 (APP):In an enforcement operation conducted in collaboration with Inland Revenue Intelligence and Investigation (I&I), the Regional Tax Office (RTO)-II, Karachi intercepted and detained three trucks transporting sugar with counterfeit Track and Trace System (TTS) stamps. The operation was carried out at Sassi Toll Plaza on the National Highway, where the vehicles were […]
‘Garlic cultivation can cut import bill up to USD 52m’
LAHORE, Jan 04 (APP):Pakistan can save USD 52 million(Rs 14.5 billion) spent on the import of garlic from China in 2024 by cultivating the same in Sahiwal division. Convener of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) regional committee on food, Shahid Imran, stated this in a meeting with a delegation of progressive […]
Digitisation ensures efficient, inclusive economy: Saif
LAHORE, Jan 04 (APP):Federal Tax Ombudsman (FTO) Coordinator Saif Ur Rehman has said that digitisation is the key to build a transparent, efficient and inclusive economy in Pakistan. Talking to a delegation of traders here Sunday, he said, by leveraging modern digital tools, the government can significantly reduce corruption, leakages and inefficiencies which have plagued […]
PBF sees cotton crop recovery in 2025 with around 18pc year-on-year growth
ISLAMABAD, Jan 03 (APP):The Pakistan Business Forum (PBF) has said Pakistan’s cotton sector showed clear signs of recovery during the 2025 season, as national cotton arrivals reached around 5.43 million bales, reflecting an approximately 18 percent year-on-year increase compared to the same period last year, supported by improved crop inflows and steady domestic absorption. According […]
IESCO notifies power suspension programme
ISLAMABAD, Jan 03 (APP): The Islamabad Electric Supply Company (IESCO) on Saturday issued a power suspension programme for Sunday, in various areas of its region due to necessary maintenance and routine development work. According to an IESCO spokesperson, the power supply of several feeders and grid stations will remain suspended from 9:00 am to 2:00 […]
Rawalpindi chamber lauds launch of Karachi–Dhaka flights
RAWALPINDI, Jan 03 (APP):President Rawalpindi Chamber of Commerce & Industry (RCCI), Usman Shaukat has warmly welcomed the launch of direct flights between Karachi and Dhaka, terming it a landmark development for strengthening Pakistan,Bangladesh economic ties, bilateral trade, and people-to-people connectivity. Usman Shaukat recalled that during the Pakistan–Bangladesh Business & Tourism Opportunities Conference held in Dhaka […]
PRA revenue increases by 35pc
LAHORE, Jan 03 (APP):Punjab Revenue Authority (PRA) records a significant increase in revenue collection by achieving a record 35 percent growth in revenue during the first half of current financial year compared to corresponding period last year. During July–December of current FY, PRA collected Rs. 149.5 billion in total revenue, whereas Rs. 112.1 billion were […]
LCCI presented doable proposals for exports to federal secretaries
LAHORE, Jan 03 (APP):Lahore Chamber of Commerce and Industry (LCCI) on Saturday presented a doable set of proposals to enhance exports. Suggestions were given in the presence of Federal Secretary Commerce Jawad Paul, Federal Secretary Industries Saif Anjum, and Federal Secretary National Food Security Amir Mohyuddin here at LCCI. The chamber’s President Faheem ur Rehman […]
KE reports steady growth, digital gains amid economic stability
ISLAMABAD, Jan 02 (APP):In a year marked by improving economic stability, K-Electric (KE), Pakistan’s only vertically integrated power utility, reported steady progress across power generation, transmission, distribution and supply, alongside significant investments in digital transformation and customer engagement. According to KE’s year-end business performance review, the utility remained focused on ensuring reliable electricity supply for […]