Ahsan Iqbal urges Huawei to open R&D centre in Pakistan

Minister for Planning, Development and Reform Ahsan Iqbal urged the Chinese leading IT manufacturer Huawei to open a research and development centre...

NAC likely to estimate 5pc GDP growth

The National Accounts Committee (NAC) is likely to estimate a GDP growth rate of more than 5 per cent, at its meeting,...

ICAP calls for structural reforms in tax system

  The Institute of Chartered Accountants of Pakistan (ICAP) has called for structural reforms to broaden the tax base and simplify the system...

Uber to invest $500m in Pakistan by 2020

A week after Pierre-Dimitri Gore-Coty took charge of Uber's Europe, Middle East and Africa division, the ride-hailing service has vowed to invest...

SBP grants banking licence to Bank of China

KARACHI: The State Bank of Pakistan (SBP) has issued a banking licence to the Bank of China. The bank will commence its...

Pakistan and China sign multiple MoU’s for CPEC infrastructure projects

A memorandum of understanding between the Government of People’s Republic of China and Government of Islamic Republic of Pakistan on cooperation within the...

PM Nawaz Sharif meets President Xi; highlights govt’s achievements, efforts for CPEC implementation

Prime Minister Muhammad Nawaz Sharif Saturday said that his government was making all out efforts for active implementation of China Pakistan Economic...

Pakistan railways to get up-gradation under CPEC: Saad Rafique

Minister for Railways Saad Rafique Friday said the flagship One Belt, One Road Forum (OBOR) would help Pakistan improve its connectivity sector, particularly railways. The...

PM youth loan scheme outlay registers growth of 107pc in Oct-Dec 2016 quarter: SBP report

According to a State Bank of Pakistan (SBP) quarterly report released this Friday, it has been revealed that three quarters of loan...

Signing of agreement on Gwadar Airport, railtracks up-gradation on PM’s China visit agenda: Ahsan

The Minister for Planning and Development Ahsan Iqbal Friday said agreements for construction of Gwadar Airport, Gwadar expressway and up-gradation of railway...

CDNS achieves Rs 171b up to May 8

Central Directorate of National Savings (CDNS) has achieved Rs 171b savings till second months of last quarter of current fiscal year, from...

History made as CPEC becomes functional

While Beijing Friday received Prime Minister Nawaz Sharif at the historic Belt and Road Forum starting from Sunday, the China-Pakistan Economic Corridor...

PBIF demands stakeholder participation in budget-making process

President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former Provincial Minister...

China purposely letting Pakistan and other competitor countries take over its export market:Report

Canton Fair held last week in the southern Chinese city of Guangzhou, saw participation from exhibitors from India, Pakistan and Turkey and...

Government targets 6pc growth rate for FY 2017-18

Prime Minister Muhammad Nawaz Sharif on Thursday said that focus of the next year’s budget would be on achieving higher, sustainable and...