ISLAMABAD ( MEDIA REPORT ) The federal budget FY2017-18 with a Rs4.75 trillion outlay was approved by the National Assembly on Tuesday in the absence of members of the opposition. This is the first time that a finance bill has been passed in Pakistan without the inclusion of the oppositionRead More →

LAHORE ( PRESS RELEASE ) The International Fertilizer Association (IFA) has recognized Pakistan’s leading fertilizer company and has re-elected Chief Executive & Managing Director Fauji Fertilizer Company (FFC) Lt Gen Shafqaat Ahmed, HI(M) (Retd) as a director of the prestigious IFA, consecutively for the second term from the South AsianRead More →

ISLAMABAD ( BMZ REPORT ) Executive Director Sustainable Development Policy Institute (SDPI) Dr. Abid Qaiyum Suleri said on Monday that despite many economic challanges the PML(N) government had presented a popular budget benefitting all segment of the society. “It was a good sign for the democracy and continuity of the policies thatRead More →

ISLAMABAD ( MEDIA REPORTS ) Government of Pakistan through Federal Budget 2016-17 has announced several relief measures for local industry along with various revenue measures and tariff rationalization. Customs duty of 11 percent and 16 percent is exempted and instead RD at uniform rate of 9.0 percent is levied onRead More →

ISLAMABAD ( MEDIA REPORTS ) Pakistan has once again said that it’s working  aggressively on legislation to pave the way for international payment gateways, such as PayPal and Ali-pay, to enter the local market. This time Federal Commerce Minister Khurram Dastgir Khan claimed that government of Pakistan under the supervisionRead More →

Hangzhou, Zhejiang China ( PRESS RELEASE ) Prime Minister Muhammad Nawaz Sharif visited the headquarters of e-commerce giant Alibaba Group in the scenic Hangzhou city of China’s Zhejiang province. The Prime Minister was received by Executive Chairman of the company Jack Ma, who founded the entity in 1999 which hasRead More →