Business - 17

ZTE Corporation, China’s largest listed telecommunications equipment manufacturer and wireless solutions provider, is to open a 60,000 square metre facility on the outskirts of Islamabad in Pakistan as part of its growing presence in international markets. ZTE already has more than ten per cent of the fixed line market in Pakistan, while its wireless products [...]

The medical facility would cater and provide best medical services and would be one of its kind of affordable Hub to serve millions people. The Hospital complex will consist of 12-to15-storey medical tower including 2-3 basements, two-house medical facilities in required disciplines. The Medical complex will serve as medical training institute as well as the [...]

Pakistani rice is expected to enter into Chinese market by June 2005 as the two countries signed a protocol and exporters see the Asian country as largest single buyer of the Pakistani varieties, which could double country’s rice export figures. China, world’s biggest consumer of rice, agreed to buy rice from Pakistan following consent to [...]

The Agro Tractors (Pvt) Ltd (ATL) has signed an agreement with John Deere, the US-based world leader in agriculture industry, for assembling and progressive manufacturing of tractors in Pakistan. ‘The tractors would be state of the art and technologically more advanced in every department than locally produced models offered in Pakistan,’ said Gibran Khan and [...]

Usman Sarfraz, a resident of Lahore has gone ahead and done just that. He has purchased a car registration number, LZL-1, for Rs 400,000 at an auction organised by the Excise and Taxation Department. The department auctioned popular car registration numbers, 1 to 9, 10 to 99, 100, 111, 222, 333, 444, 555, 666, 777, [...]

So when friends and family lavished him with compliments about his culinary skills and suggested he and wife Rukshana open up a restaurant, the Pakistan-born Corona resident decided he would do just that. The couple married 21 years ago in Pakistan, a union arranged by family, as was the custom. Khalid was born in Multan [...]

Computer Associates (CA), an international management software company on Tuesday announced its plan to set up business in Pakistan as part of its regional expansion strategy. Country manager of CA for Pakistan Saeid Marashi, addressing a press conference at local hotel said that the CA would establish a liaison office for its operations in Pakistan. [...]

Pakistan’s main tax collection agency, the Central Board of Revenue, yesterday launched an ambitious four-year reform plan costing $150m (£80m), more than two thirds of which is to be funded by the World Bank. Pakistan has only 1.1m taxpayers from a population of 150m. Analysts say people avoid paying taxes for fear of harassment by [...]

Initial production from Petronas Carigali (Pakistan) Ltd’s joint venture plant at Ghotki, near Sukkur, was 15 million standard cubic feet per day (mmscfd) and would be increased to 70 mmscfd within the next two months, Petronas said in a statement on April 5. It said Petronas Carigali Pakistan was the operator of the Rehmat Field [...]

FOR the first time since independence Pakistan is to have its own car. The country’s only home grown automotive firm, the Adam Motor Company, say the first vehicle will be unveiled in early April and until then the car’s name is a secret. It has however been tested both at Adam’s Port Qasim plant and [...]