Board of Investment Plans to Increase Pakistan Foreign Investment to $250 billion

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The Board of Investment (BoI) is devising a long-term plan to maximise benefits from the China-Pakistan Economic Corridor (CPEC), and increase Pakistan foreign investment – FDI (Foreign Direct Investment) for infrastructural developments up to $250 billion and allied industrial activities by 2025, expressed BoI Director Zulfiqar Ali. Pakistan has More...

by Faiza Malik | Published 3 weeks ago
NEELUM JHELUM OPERATIONS
By Faiza Malik On Thursday, October 5th, 2017
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Neelum Jhelum Operations to Begin in February 2018

The 969MW Neelum-Jhelum Hydropower Project is pacing towards completion, as dry testing of electro-mechanical equipment installed at the power house and the switch yard is in progress, said Water and Power Development More...

Pakistan Oil Imports
By Faiza Malik On Wednesday, September 27th, 2017
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Pakistan Oil Imports Rose 35% to $2 billion

The Pakistan oil imports bill rose nearly 35% year-on-year to $2.03 billion in the first two months of this fiscal year. Exerting more pressure on the country’s balance of payments the share of oil in Pakistan’s More...

gas reserves in Sindh
By Faiza Malik On Tuesday, September 26th, 2017
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OGDCL Discovers Gas Reserves in Sindh

Oil and Gas Development Company Ltd (OGDCL) has discovered gas reserves in Sindh. The gas was found in condensate from its exploratory well Tando Allah Yar South West 1, in the Hyderabad district. Sharing the information More...

Trademark requests in Pakistan
By Faiza Malik On Tuesday, September 26th, 2017
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Trademark requests in Pakistan

Intellectual Property Organisation Pakistan Registrar Trademarks Aftab Muhammad Khan told that the registration of trademark requests in Pakistan increased during 2016-17. Revenue of Rs. 278.4 million was generated More...

Petrol Sales in Pakistan
By Faiza Malik On Monday, September 25th, 2017
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Petrol Sales in Pakistan Hits All-Time High

Petrol sales in Pakistan were 607,411 tonnes in May, a record that was broken in July when people bought 615,178 tonnes of fuel. Only 175,819 tonnes or 25.8% share of the local petrol out of total sales had been More...

Growth of Honda Atlas
By Faiza Malik On Sunday, September 17th, 2017
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Growth of Honda Atlas Shows Highest Profits But Fails to Overtake Leaders

As expected from analysts’, the sales of locally assembled vehicles (including jeeps and light commercial vehicles) jumped to 22, 095 units in August 2017. This indicated an increase of 25% units sold in the More...

Tax Returns in Pakistan
By Faiza Malik On Sunday, September 17th, 2017
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Only One-fifth Employees of Top 54 Companies File Tax Returns in Pakistan

The Federal Board of Revenue (FBR) has pointed out 200,906 employees of 54 top companies across the country who vanished from the tax returns in Pakistan, reflecting poor tax compliance. In 2016, 79% of the total More...

Attock Petroleum Profit
By Faiza Malik On Sunday, September 17th, 2017
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Attock Petroleum Profit Rises

The Attock group announced their financial results of its group companies and Attock Petroleum profit as well as Pakistan Oilfields, Attock Refinery and National Refinery profits. The company announced a profit More...

Sheraton Grand Hotel in Lahore
By Faiza Malik On Saturday, September 9th, 2017
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Marriott International to Open Sheraton Grand Hotel in Lahore

Marriott International, Inc. has announced about an agreement with Imperium Hospitality to open a Sheraton Grand Hotel in Lahore. This will be the company’s first hotel in Pakistan’s major gateway city. Sheraton More...