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Pakistan’s economy moving in right direction: US investors

Islamabad: American businessmen have said that Pakistan’s business climate is moving in the right direction but the pace of economic reforms should be accelerated. They have expressed the commitment to push for improved economic engagement between the two countries aimed at resolving tensions and to achieve shared goals. The commitments …

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Razzaq Dawood discusses with Saudi delegation ways and means for bolstering trade cooperation

ISLAMABAD: Advisor to the Prime Minister on Commerce, Textile, Industry and Investment Abdul Razaq Dawood has met Saudi delegation and matters for bolstering bilateral trade have been discussed during the meeting. The issue of payment of compensations to Pakistani laborers in Saudi Arabi also came under discussion. Sources said both …

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Govt action against real-estate mafia lauded

Islamabad: Islamabad Chamber of Small Traders on Saturday lauded the government for taking action against real-estate barons, who have minted billions of rupees by looting millions of innocent. The move has added to the credibility of the government but more real-estate tycoons involved in massive frauds of billions of rupees …

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Encouragement of non-filers criticized

Islamabad: The Pakistan Economy Watch (PEW) on Saturday said relaxation given to non-filers for purchasing property and cars has encouraged tax evaders and corrupt. The decision will hit the efforts to broaden tax net, stop the influx of black money into real estate market, stabilise the price of plots and …

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Haleeb Foods Ltd. provides support to Dairy Farmers

LAHORE: In line with its vision to facilitate the growth of the dairy sector of Pakistan, Haleeb Foods Ltd. under the banner of its Asli Milk brand, carried out support initiatives with the dairy farmers of Jhang recently. Under these initiatives, HFL provided means to build sheds to facilitate dairy …

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Gansu Energy Institute, China donating Solar Energy System to PARC

Islamabad: (Parliament Times) A signing Ceremony of Memorandum of Understanding was held at PARC HQs, Islamabad between Pakistan Agricultural Research Council (PARC), Islamabad and Gansu Natural Energy Research Institute (UNIDO International Solar Energy Center for Technology Promotion and Transfer, China. A delegation headed by Mr. ZHOU Jianping, Director General, Gansu …

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CNG association rejects gas price hike

ISLAMABAD: The All Pakistan CNG Association (APCNGA) on Thursday rejected forty percent hike in the tariff of gas terming it the final nail in the coffin on troubled CNG industry. The closure of CNG industry will lay waste to the Rs450 billion investment and leave many jobless, said newly-elected Chairman …

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Agriculture back bone of our country’s economy: Chairman PARC

Islamabad: (Parliament Times) The annual review – 2018 of Wheat Planning & Wheat Productivity Enhancement Program (WPEP) held at National Agricultural Research Centre (NARC), Islamabad on Wednesday. Speaking on the occasion, Dr. Yusuf Zafar, Chairman, PARC said that Agriculture is the largest sector of our country. “One third of our …

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Closed Fertilizer plants resumed operation amid rising gas Prices

Islamabad: (Parliament Times) The gas supply to closed down fertilizer plants have started resumption, as Agritec located in the constituency of Prime Minister after almost an year. The production of Urea starts today. Fatima fert is also likely to resume production shortly, adding to the domestic production. The gesture of …

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Cairo hosts trade summit to mark 70 years of Pakistan-Egypt diplomatic ties

Cairo: A 2-day CPEC dialogue and trade summit has been inaugurated in Cairo to mark 70th anniversary of bilateral relations between Pakistan and Egypt. The conference was hosted by the South Asian Strategic Stability Institute (SASSI) that aims to highlight the benefits of mutual collaboration and explore how the two …

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