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  • Oil refining company Cynergico announces to upgrade operations in Pakistan

    Oil refining company Cynergico has announced to upgrade its operations in Pakistan at par with international standards for producing higher profit petrol and diesel products. Under the project, the company aims to double its processing capacity to 50 thousand barrels which in turn will boost domestic oil refining in the country.…

  • Pak-Iran trade can be increased up to $5b: Iranian envoy

    Ambassador of Iran to Pakistan, Dr. Reza Amiri Moghadam has said that  annual volume between Pakistan and Iran trade can be increased up to five billion dollars in the coming few years. Addressing the business community in Islamabad the envoy said there is a strong possibility of doubling the bilateral trade…

  • No further increase in circular debt at close of year: Musadik

    Minister of Energy Musadik Malik has said there will be no further increase in the circular debt at the close of this year. Addressing a news conference in Islamabad today, he mentioned that the circular debt was around 2310 billion rupees at the end of last year. The Minister of Energy…

  • Govt considering strategies to broaden tax base: Aurangzeb

    Finance Minister Muhammad Aurangzeb says the government is considering strategies to broaden the tax base by incorporating wholesale, retail, real estate and agriculture sectors into the tax framework. Chairing an introductory meeting with the board members of Federal Board of Revenue in Islamabad today, he also stressed the urgent need for…

  • Pakistan starts fruit delivery to Russia via land route

    Pakistan has achieved a milestone in regional trade as transportation of fruits has been started to Russia via land route. In this regard, sixteen trucks of National Logistics Corporation laden with oranges have been entered into two Russian cities of Derbent and Grozny by covering almost six thousand kilometers’ distance. Russia…

  • British Trade Delegation Visits Pakistan to Bolster Bilateral Trade

    A delegation of 15 UK business representatives is visiting Pakistan to build links in the textiles, agrifood, handicrafts and home decoration sectors. The delegation, led by the Presidents of the Birmingham, West and North Yorkshire Chambers of Commerce, and the Asian Chamber of Commerce, will meet members of chambers of commerce…