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Sunday, July 22nd, 2018
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Category Archives: Business News

Exchange rate erosion hurting the entire population

Karachi, June 28, 2018 (PPI-OT): Business leader Malik Sohail Hussain on Thursday said the appreciation of dollar is hurting the entire population of the country and the rupee should not be weakened more to please IMF. Exchange rate erosion is …

Meaningful reforms urgently needed in the ailing gas sector

Karachi, June 28, 2018 (PPI-OT): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday said the recommendation of Oil and Gas Regulatory Authority (OGRA) to hike the price of natural gas by 46 percent should be thoroughly …

LG Steam Washer: The Best Way to Keep What You Cherish Closer and Longer

Karachi, June 21, 2018 (PPI-OT): Indispensable Steam™ Solution for Deep Clean, 99.9% Allergen Removal LG Electronics (LG) has released a heart-warming video highlighting the striking antiallergen feature of the company’s Steam technology. The clip depicts steam as the essential love …

Tax Amnesty Scheme, 2018 – CDC to facilitate Transfer of Book Entry Securities

Karachi, June 21, 2018 (PPI-OT): Central Depository Company of Pakistan Limited will facilitate Transfer of Book Entry Securities in the Central Depository System against declaration of assets under Government of Pakistan’s Tax Amnesty Scheme by way of the Voluntary Declaration …

Procedure for Repatriation of liquid assets and Deposit of Tax under Foreign Assets (Declaration and Repatriation) Act, 2018

Karachi, June 21, 2018 (PPI-OT): Reference the SBP Notification No. FD/1704/2011/2018 dated April 16, 2018 on the subject. In order to facilitate the prospective declarants in payment of the tax against declaration of foreign assets under Foreign Assets (Declaration and …

Muffasar Malik concerned over continuous devaluation of rupee

Karachi, June 19, 2018 (PPI-OT): President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik, while expressing deep concerns over continuous devaluation of rupee against dollar, said that dollar has risen sharply to all time high of Rs122 which …

Appointment of businessmen as ministers welcomed

Karachi, June 19, 2018 (PPI-OT): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday welcomed the induction of five prominent businessmen as ministers in the caretaker setup terming it a positive move. Those who have become ministers …