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Yearly Archives: 2020

Bed-Wear Textiles Posts 3.16% Export Growth

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As per the official data, Pakistan's bed-wear textiles posted 3.16% export growth to $1.197 billion during July-Dec 2019-20. Pakistan Bureau of statics revealed that increase in...

International Buyers Turn to Pakistan for Textile Orders

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Pakistan Textile Export Association (PTEA) Chairman Khurram Mukhtar said that due to the delay in payment of tax refunds, industrialists are facing severe liquidity issues that...

Turkish President Tayyip Erdogan to Visit Pakistan on 13 February

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The Turkish president will be visiting Pakistan on 13-14 February to attend the sixth round of Pakistan-Turkey High-Level Strategic Cooperation Council (HLSSC). Tayyip Erdogan will make...

The Prices of Food Items to Come Down to a Comfortable Level “Soon”

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Prime Minister's advisor on Finance and Revenue Hafeez Shaikh said the country's inflation rate will begin to recede early, slowly reaching a comfortable level. The advisor...

Pakistan Plans to Sign Dual Citizenship Agreement with Turkey

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The Government of Pakistan is planning on signing an agreement with Turkey to grant dual citizenship for the civilians of both countries. According to a statement issued...

The Government has Exempted Tax for the Solar Industry in the Country

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The government has proposed to release taxes associated with the solar industry in the country it is expected to boost the production and use of renewable...

US authorities Warned FBR for Using Pirated Version of VMware

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The Federal Board of Revenue is using the pirated edition of the software named VMware, the infringement of intellectual property rights has led the tax authority...

Pakistan to Establish Two IT Parks in Islamabad & Karachi

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The government of Pakistan has cleared information technology services from income tax till June 2025 to sustains the IT exports.  Minister of State for Parliamentary Affairs Ali...

Pakistan – Next big Market for Tech Startups in Asia

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According to a report published by Germany's Deutsche Welle, Pakistan may be Asia's next big tech startup market. Pakistan's young generation and the increased local capital...

Coronavirus has Potentially Slowed Down China’s Economy

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The coronavirus has smashed into at the worst possible time with millions of people fanned out across the country for the Lunar New Year holiday. The entire...
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