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  • Omani minister visits LCCI

    December 27, 2018 12:00 AM 22

    LAHORE: Minister for Tourism of Oman Ahmed Bin Nasser Al Mahrizi has said that private sectors of Oman and Pakistan can tap the huge economic potential in various sectors of both countries. Speaking at the Lahore Chamber of Commerce and Industry (LCCI), he said the chambers of both countries should establish strong contacts and ensure timely dissemination

  • LCCI holds ERP training course

    December 27, 2018 12:00 AM 17

    LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) organised the Enterprise Resource Planning (ERP) Essential Training Course to fulfil the modern needs of business dealings. This training programme was a joint idea of LCCI President Almas Hyder, Senior Vice President Khawaja Shahzad Nasir, and Vice President Fahim-ur-Rehman Saigal, to equip

  • PIA launches new routes

    December 25, 2018 12:00 AM 18

    ISLAMABAD: Pakistan International Airlines (PIA) on Monday launched new flight route to Bangkok, Thailand and Kuala Lumpur, Malaysia. A spokesperson for the national flag carrier said the PIA’s new flight operations have started, adding that there will be twice-weekly flights from Lahore to Bangkok and Kuala Lumpur. The Lahore-Kuala Lumpur flight has resumed

  • Public education on inflation called for

    December 25, 2018 12:00 AM 18

    ISLAMABAD: Planning Minister Khusro Bakhtyar on Monday directed the officials to devise a mechanism to educate the public on economic statistics especially the trends in consumer price index and inflation. “There is also a need to compile data about the extent to which profiteering and hoarding adds to inflation which affects the general public,” Bakhtyar

  • Emirates celebrates fleet milestone

    December 23, 2018 12:00 AM 21

    KARACHI: Emirates celebrated an important fleet milestone with the delivery of the final Boeing 777-300ER aircraft on its order books, a statement said on Friday. A6-EQP is the 190th Boeing 777 aircraft to be delivered to Emirates, the world’s largest operator of Boeing 777 aircraft and also the only airline in the world to have operated all the six variants

  • PPAF engages KP govt for uplift

    December 23, 2018 12:00 AM 17

    KARACHI: The Livelihood Support and Promotion of Small Community Infrastructure Programme (LACIP) organised the first meeting of District Development Forum (DDF) at the deputy commissioner office in Buner district, Khyber-Pakhtunkhwa, a statement said on Saturday. The forum aims at conducting periodic and systematic follow-up and monitoring of projects

  • Single agency to collect sales tax on goods, services

    December 23, 2018 12:00 AM 20

    KARACHI: The federal and provincial governments have given nod for the establishment of a single sales tax collection agency on goods and services, sources said on Saturday. An official at the Federal Board of Revenue (FBR) said the proposed agnecy will start operations in next three years. Currently, the federal government and all the four provincial

  • Chinese bank to loan $262mln for Thar coal power project

    December 22, 2018 12:00 AM 18

    KARACHI: China Development Bank has agreed to extend $262 million in financing to set up a local coal-fired power plant in Thar, an amount which is more than half of the estimated cost of the 330 megawatts project. The bank signed the financing agreement with equity partners of Thar Energy Limited (TEL), a company set up for coal power projects, a statement

  • UK retail sales boosted

    December 21, 2018 12:00 AM 17

    London: British retail sales rebounded strongly in November as shoppers bagged Black Friday bargains, official data showed on Thursday.Total sales jumped 1.4 percent compared to October, the Office for National Statistics (ONS) calculated, with non-food items helped by heavy price discounts. That beat analysts´ consensus forecast for a modest 0.3-percent

  • SECP appoints new CEO of CDC

    December 21, 2018 12:00 AM 22

    ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Thursday appointed Badiuddin Akber as the Chief Executive Officer (CEO) of Central Depository Company (CDC). The appointment was approved in a meeting chaired by SECP Acting Chairman Tahir Mahmood on Thursday, sources told The News. Sources said the decision has been taken; however