Author Archives: Asad Cheema

ICCI to focus on promoting Pakistan-Egypt bilateral trade

By Asad Cheema ISLAMABAD—President, Islamabad Chamber of Commerce & Industry (ICCI) Muhammad Ahmed Waheed said that Pakistan and Egypt has great potential to promote bilateral trade in many areas and stressed that both countries should focus on developing strong business linkages between their private sectors to fully capitalize on untapped economic and bilateral trade. After meeting with a delegation of ...

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PARC approves seven new rice varieties

By Asad Cheema ISLAMABAD—The Variety Evaluation Committee of Pakistan Agriculture Research Council (PARC) has approved 7 new rice verities for commercial cultivation across the crop sowing areas of the country. The Committee discussed the characteristics of different verities of rice seeds for commercial cultivation and their impact on per-acre yield. According to Gawdar Pro media network, representatives of seed companies ...

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BISP collaborates with banks for disbursement of financial aid

By Asad Cheema ISLAMABAD: Special Assistant to Prime Minister on Poverty Alleviation and Social Protection and Chairperson of Benazir Income Support Programme (BISP) Dr. Sania Nishtar said that BISP signed a contract with Bank Alfalah and Habib Bank for the disbursement of financial assistance to deserving people. Speaking at a signing ceremony, she said that the new biometric based payment ...

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Major fiscal deficits managed: Hafeez

– says Reforms bearing fruits ISLAMABAD: Adviser to PM on Finance, Revenue and Economic Affairs Dr. Abdul Hafeez Shiekh and Chairman Federal Board of Revenue (FBR) Syed Shabbar Zaidi addressing a press conference. – File Photo By Asad Cheema ISLAMABAD: Advisor to Prime Minister Imran Khan on Finance, Revenue and Economic Affairs, Abdul Hafeez Shaikh has announced that the federal ...

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Azerbaijan offers LNG supply to Pakistan

Ambassador of Azerbaijan to Pakistan H.E Ali Alizada called on Federal Minister for Energy, Omar Ayub Khan in Islamabad on October 08, 2019. By Asad Cheema ISLAMABAD: Azerbaijan on Tuesday offered Pakistan to supply Liquefied Natural Gas (LNG) on the long term basis and expressed interest in infrastructure development of the commodity especially oil and gas exploration activities. A delegation ...

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NAB ready to resolve genuine issues of businessmen: Chairman NAB

  By Asad Cheema ISLAMABAD: Chairman National Accountability Bureau (NAB) Justice Javed Iqbal said that business community was the backbone of the country’s progress and the Bureau was ready to resolve their genuine problems.Speaking at NAB Headquarters, he said that NAB respects business community. Special cells were established at NAB headquarters and all the regional offices of NAB have been ...

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Business community reeling under inflation, tax measures: Senator Afridi

By Asad Cheema ISLAMABAD: Chairman of the Senate Standing Committee on Commerce and Textile Industry Senator Mirza Muhammad Afridi we are proud of the services rendered by the business community and we acknowledge their role in the national development. He said that the limping economy can come out of the stagflation if businesses are allowed to operate otherwise poverty, unemployment ...

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NAB needs Saudi-styled powers: Javed Iqbal

LAHORE: National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal on Thursday said that if he is given the powers, which are available to the anti-corruption authorities in Saudi Arabia, he can bring back all the looted money back to Pakistan in the shortest possible time. “The Saudi authorities took four weeks to recover the looted wealth and he would ...

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Free remittance initiative to help boost payments

By Asad Cheema ISLAMABAD—Pakistan’s free foreign remittance service for overseas nationals will help boost payments from Middle Eastern countries, especially Saudi Arabia and the United Arab Emirates where a chunk of the country’s diaspora lives and works in different sectors, Pakistan Post officials said. “The basic purpose of this scheme is to abolish the business of hundi and hawala [illegal ...

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Gemstones — A hidden treasure awaits explorers

By Asad Cheema ISLAMABAD: The nature has bestowed Pakistan with a vast potential of mineral ores including a good range of precious and glittering gemstones, which need appropriate attention of the government, especially investors to exploit them. Different varieties of minerals like Peridot, Aquamarine, Topaz in different colours of violet, pink, golden and champagne, Ruby, Emerald, rare-earth minerals Bastnaesite and ...

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