Petroleum Prices

Govt Revises Down Petroleum Prices

ISLAMABAD, (UrduPoint / Pakistan Point News – 7th Jul 2018): The caretaker government on Saturday decided to revise down the petroleum prices and new prices would be effective from July 08, 2018. Minister for Energy Syed Ali Zafar said in a statement that the federal government had decided to reduce petroleum prices in order to…

Pakistan Horticulture Vision

Pakistan Horticulture Vision 2030 sets export target at $6 billion

“Pakistan Horticulture Vision 2030 (PHV) will help the government put country on a path of development, it will especially improve the agriculture sector,” said Waheed Ahmed, Patron -in -Chief of All Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association (PFVA) on the curtain-raising ceremony of Pakistan Horticulture Vision 2030. Sindh Caretaker Agriculture Minister Khair…


Customs in a jumble as stolen vehicles from Japan worth Rs200m await final decision

ISLAMABAD: The Collectorate of Customs Lahore is all set to manage Rs200 million worth scandal of 14 luxury V8 Land Cruisers and Pajero vehicles which were confiscated by the collectorate seven months earlier, it has been learned. Well-informed sources disclosed to Pakistan Today that the Customs department in Lahore will soon manage a Rs200 million…

Federal Tax Authority

FTA Updates Its E-Services To Facilitate Work Of Customs Clearance Companies

The Federal Tax Authority, FTA, has revealed details of updates to its electronic services, e-Services, which have been designed to provide a greater number of facilities for customs clearance companies that operate under its approval. The authority says that the new developments have been introduced to simplify registration procedures and enable easy submission of tax…

Imdustrial revolution

Fourth Industrial Revolution and govt strategy

Inter-connectivity within the global market, exponential advancement of innovative technologies as well as their early adaptation have transformed most industries, including all businesses worldwide. That is how concepts like financial technologies (Fin Tech), Artificial Intelligence (AI), Internet of Things (IoT), and Deep Learning (DL) have given birth to the Fourth Industrial Revolution (4IR). These disruptive…

Foreign Loan

China lends $1 billion to Pakistan

China has lent Pakistan $1 billion to boost the South Asian country’s plummeting foreign currency reserves, two sources in Pakistan’s finance ministry told Reuters, amid growing speculation of another International Monetary Fund bailout. The latest loan highlights Islamabad’s growing dependence on Chinese loans to buffer its foreign currency reserves, which plunged to $9.66 billion last…