The Capital Development Authority (CDA) has decided to merge several points on the Islamabad expressway to shift partial traffic on the opposite side of the highway to reduce traffic during peak hours. The local administrative authority states that extreme traffic congestion led to severe delays and difficulties with regard to the mobility of daily commuters. [...]
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[nectar_animated_title heading_tag=”h1″ style=”color-strip-reveal” color=”Accent-Color” text=”Pakistan’s 1st Real Estate Think Tank”]
[nectar_animated_title heading_tag=”h1″ style=”color-strip-reveal” color=”Accent-Color” text=”Pakistan’s 1st Real Estate Think Tank”]
[nectar_animated_title heading_tag=”h1″ style=”color-strip-reveal” color=”Accent-Color” text=”Pakistan’s 1st Real Estate Think Tank”]
The government has announced an increase of prices of petroleum products by Rs 10 to Rs 12 per litre due to an increase in the international oil prices and the front-loaded policies proposed by the International Monetary Fund (IMF). The increase in the petrol prices is the highest recorded increase in one go. The decision [...]
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According to a study conducted on the pollution of the rivers worldwide by the University of York and National Academy of Sciences of the USA, river Ravi is one of the most polluted rivers in the world. The study shows that the river flowing through Punjab’s capital is polluted with active pharmaceutical ingredients that pose [...]
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The Islamabad District Administration has given a seven-day deadline to property buyers who previously defaulted on their taxes on purchase or sale of properties from 2012 to 2020. If the residents who are liable to these taxes pay their dues as planned, the government will be able to collect 2.3 billion PKR in terms of [...]
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Pakistan railways plan to switch to locally manufactured components of locomotives instead of spending public funds on the import of these parts from different countries. According to the federal minister for railways Azam Swati, the locomotive parts produced in Pakistan are not of sub-standard quality compared to the international standards. Federal Minister for Railways Azam [...]
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Morgan Stanley Capital International (MSCI) has announced that it will add Pakistan to the MSCI frontier markets 100 as a number of global investors have shown their willingness to invest in the country’s businesses. The MSCI initiated the consultation on the eligibility of the MSCI Pakistan Index for the Frontier Markets 100 and MSCI Frontier [...]
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The Economic Coordination Committee (ECC) plans to include the extension of the lease to Chinese contractors of the Saindak copper-gold project and the revival of the tax concessions to Chinese power producers in an effort to attract investments into the second phase of the China-Pakistan Economic Corridor (CPEC). Besides the copper-gold project, the ECC also [...]
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