Category: Shortcode

Ambassador of Kazakhstan Yerzhan Kistafin has said that trade and business ties between the business communities of Kazakhstan and Pakistan have been improving as the trade volume, which stood at US$45 million in 2020, rose to US$95 million in 2021 and there was a lot of room for further improvement through exchange of trade delegations and enhancing cooperation.Exchanging views during the visit of Kazakhstani trade delegation to Karachi Chamber of Commerce & Industry (KCCI) on Monday, Kazakhstani Ambassador informed that this delegation, after successfully completing visits to Islamabad and Lahore,…

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The federal cabinet Tuesday formally approved a summary moved by the finance ministry, paving the way to promulgate an ordinance to offer a third tax amnesty scheme to industrialists. The finance ministry circulated a summary among the federal cabinet members on Monday for their approval of the scheme through the Income Tax Amendment Ordinance 2022. Under the amnesty, the government will allow industrialists to whiten their black money at a 5% rate by investing in the manufacturing sector. According to details, the government has decided to offer a 5% across-the-board…

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Pakistan’s recently announced national security policy is undoubtedly a “paradigm shift” from the country’s traditional military-dominated strategy to economic security, nonetheless, experts say the real challenge will be in putting the ambitious plan into action. Islamabad announced its first-ever national security policy in January, prioritizing economic security over military security, though the South Asian nuclear state will stick to its traditional military security strategy in the face of rising tensions with longtime rival India. Said Nazir, a retired officer and Islamabad-based security analyst, told Anadolu Agency that Islamabad, for the…

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P Islamabad [Pakistan], February 28 (ANI): Pakistan’s Power Regulatory Authority on Monday said that it is likely to increase the power tariff by PKR 5.95 per unit underthe monthly fuel adjustment plan.The Central Power Purchasing Agency (CPPA) filed a petition and urged an increase of Rs 6.10 for the month of January 2022 under monthly fuel adjustment however before the hike by the power authority the data was analyzed. The National Electric Power Regulatory Authority (NEPRA) said that it reserved its judgment on a petition by CPPA and said that…

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Pakistani Prime Minister Imran Khan announced Monday that his country will import about 2 million tons of wheat from Russia and buy natural gas as well under bilateral agreements the two sides signed last week during his official trip to Moscow. Khan pressed on with his two-day visit and met with President Vladimir Putin at the Kremlin on Thursday, hours after Russian forces invaded Ukraine, with Western countries pushing to isolate the Russian leader for his actions. On Monday, the Pakistani prime minister defended his trip and responded to critics…

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