SIFC’s steps to revive JJVL important for energy sector
The revival of Jamshoro Joint Venture Limited (JJVL), facilitated by Special Investment Facilitation Council (SIFC), has marked a major milestone in Pakistan’s energy sector. The restoration of JJVL is among SIFC’s notable achievements over the past three years, bringing a key national asset back into operation. Due to the plant’s closure,…
Federal govt reduces petrol, diesel prices by Rs22 per litre
The federal government has decided to reduce the prices of petrol and diesel by twenty-two rupees per litre each as an Eid gift for the people on the third day of Eid-ul-Azha. According to a statement issued by the Prime Minister’s Office on Friday, Prime Minister Muhammad Shehbaz Sharif said he…
Bilal vows to create business-friendly environment
Minister of State for Finance Bilal Azhar Kayani has reiterated government’s firm commitment to resolve traders’ issues and create a business-friendly environment. He was talking to a delegation of central traders organization in Islamabad. The delegation requested the introduction of an easy tax scheme in the upcoming budget. Bilal Azhar Kayani…
Collection of Government duties/Taxes on Saturday & Sunday, May 23 & 24, 2026
To facilitate taxpayers in making over-the-counter (OTC) payment of Government duties and taxes, it has been decided, on the request of Federal Board of Revenue (FBR), that Saturday opening branches of all commercial banks (including NBP branches handling customs collection) shall remain open from 09:00 A.M. to 03:00 P.M. on Saturday…
Pakistan offers vast investment opportunities: PM
Prime Minister Shehbaz Sharif has said Pakistan offers vast investment opportunities in the tourism, hospitality, real estate and construction sectors. He was talking to a delegation of Qatar’s Taameer Group led by its founder Muhammed Hassain Al Ali in Islamabad today. The Prime Minister said Qatar is a long-standing friend of…
Pakistan, Germany sign agreement worth €40.5m for development projects
Pakistan and Germany have signed an agreement worth 40.5 million euros to launch new development projects in climate, energy, and social protection sectors. Secretary Economic Affairs Muhammad Humair Karim Kidwai and German Ambassador Ina Lepel signed the agreement in Islamabad today. Under the agreement, the German Development Bank will provide financial…
