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ISLAMABAD: Pakistan is having second thoughts about its decision of asking the IMF to jack up its loan amount by $4.5 billion —from $7.6 billion to $12.1 billion — after receiving generous capital inflows from bilateral as well as multilateral creditors, saying it may seek a reduced amount from the fund in order to avoid[…]
Residents of Khayaban-e-Bukhari, including Bukhari Commercial Area, Khayaban-e-Ittehad, Khayaban-e-Ghazi, Hotel Carlton, Creek Culb and adjoining areas suffered 14 hours of power outages in two different spells within 24 hours.
RAWALPINDI: The launch of construction work of Rs 1.5 billion Multi-Tower Parking Plaza at Fowara Chowk, Raja Bazaar, has been delayed for two months as Rawalpindi Development Authority (RDA) has rejected design of the plaza saying it is not earthquake proof.
Malaysian High Commissioner in Pakistan His Excellency Ahmad Shahizan Abd Samad recently made an extended tour of Bahria Town’s residential and commercial projects at Rawalpindi/Islamabad and Lahore. The ambassador appreciated the highest standard of town development and urban planning ever achieved in Pakistan in all projects of Bahria Town and praised the quality of world[…]
The Capital Development Authority (CDA) is mulling over to affiliate the Capital Hospital with any private medical college or setting up its own institute to provide citizens the medical education at their doorstep.
ISLAMABAD (March 27 2009): Conflicts between Port Singapore Authority and stevedores, besides increasing demurrage, left the government with no option but to divert shipments, carrying imported wheat and urea from Gwadar to Karachi port, reliable sources told Business Recorder here on Thursday.
ISLAMABAD: The Ministry of Industries and Production has indicated the possibility of a substantial reduction in cement prices from April 1, 2009 after the dealers clear their existing stocks. We are expecting a reasonable reduction in cement prices within a couple of days, as the dealers have asked the factories to give them time till[…]
LAHORE: The Model Town Society (MTS) has permitted construction of multi-storey buildings in commercial areas in violation of the by-laws, while the residents are concerned about safety risks in construction of multiple storeys on old buildings that have suffered through several earthquakes.
ISLAMABAD: The cash starved Capital Development Authority (CDA) auctioned 38 residential and commercial plots and orchards located in different sectors of the federal capital for Rs 1.265 billion during the two-day auction on Wednesday and Thursday.
ISLAMABAD (March 27 2009): The Regional Tax Office, Islamabad has deputed sales tax officials in four hotels, including a Chinese restaurant located in Blue area to monitor the daily turnout of the hotels/restaurants. Blue Area is Islamabads top financial centre, where lot of restaurants, hotels, mostly expensive ones are located. They make money mostly from[…]
The Defence Housing Authority (DHA) has announced that the design of the Gizri Flyover is being changed in light of the recent decision of Sindh High Court (SHC).
Karachi: A representative delegation of Defence Residents Society (DRS) led by its President Zafar Iqbal visited Defence Housing Authority’s Main Office here today and held a meeting with Administrator DHA Brig Khalid Tirmizi to discuss various problems of the residents. The meeting was also attended by CEO Cantt Board Clifton Ms Zeenat Ahmed and Addl[…]
ISLAMABAD (March 26 2009): The Regional Tax Office (RTO), Lahore has decided to depute sales tax officials within the premises of private luxury clubs offering food to their customers in posh areas without payment of due amount of sales tax to the exchequer. Sources told Business Recorder on Wednesday that the restaurants are also located[…]
Islamabad: The Capital Development Authority (CDA) on Wednesday earned as much as Rs335 million from the sale of 27 residential plots located mostly in developed sectors in an open auction held at the Community Centre, Aabpara.
ISLAMABAD: The cash-strapped Capital Development Authority (CDA) may recover its losses as bidders on Wednesday, the first day of auction of residential plots, showed an expected response.
COSTRUCTION of Shalimar interchange and underpass, at a cost of more than two billion rupees, would be completed by September this year.
Defence Housing Authority (DHA) Administrator Brig. Khalid Tirmizi visited Zamzama residential and commercial areas on Tuesday night to see the effects of the newly-introduced modern civic concepts in the area.
Punjab government has prepared two major projects with one regarding the construction of a cardiology hospital and the other of a urology institute aimed to facilitate the people of the twin cities. PC-1 of the projects have been approved that would be constructed with a cost of Rs4.5 billion and work would be started within[…]
LAHORE – The restoration of Justice Khalilur Rehman Ramday, who remained in firm opposition to the construction of high-rising buildings and banned it in 2007, has sent shivers to all concerned LDA officials and builders defying the ban against multi-storey buildings in Lahore over the last two years with impunity.
Karachi: Administrator DHA Brig Khalid Tirmizi visited Zamzama residential and commercial areas in DHA on Tuesday at about mid night to see the effects of newly introduced modern civic concepts in the area. The Administrator was accompanied by CEO CBC Ms Zeenat Ahmad and other concerned officials of DHA & CBC. It may be mentioned[…]
Federal Minister for Environment Hameed Ullah Jan Afridi Tuesday visited Ayub National Park, Rawalpindi, to review the development work being under taken with the financial assistance of the Ministry of Environment here.
ISLAMABAD: Advisor to Prime Minister Shaukat Tarin on Tuesday indicated the imposition of income tax on real estate in the next budget in a bid to increase the tax to GDP ratio.
The Defence Housing Authority (DHA) was criticised during the Sindh Assembly session on Tuesday for the allegedly slow pace in reconstruction of roads, resulting in prolonged traffic jams which cause immense inconvenience to residents.
The Defence Housing Authority (DHA) was criticised during the Sindh Assembly session on Tuesday for the allegedly slow pace in reconstruction of roads, resulting in prolonged traffic jams which cause immense inconvenience to residents.
ISLAMABAD: The Capital Development Authority (CDA) has decided to develop Junejo Colony, Tarlai, as a model village.
