Business

ISLAMABAD: The business community has welcomed the visit of Chinese President, Xi Jinping and signing of Memorandums of Understanding (MoUs)...

3,200 ft above sea level: China announces to build airport near Azad Kashmir border

BEIJING: China has announced to construct an airport on Pamir plateau of Xinjiang - 3,200 ft above sea level -...

Rs1441 million project: Qaim wants early completion of fishermen colonies

KARACHI: Sindh Chief Minister Syed Qaim Ali Shah, presiding over a joint meeting of Fisheries & Livestock Department and Planning...

China’s ICBC to give Pakistan $4.3 billion for power projects

BEIJING: The Industrial and Commercial Bank of China (ICBC) has announced to give $4.3 billion loan to Pakistan for construction...

President terms CPEC “fate changer” for entire region

Government to provide high security to Chinese workers: Mamnoon ISLAMABAD: President Mamnoon Hussain Tuesday terming the China Pakistan Economic corridor...

Dar calls on World Bank MD Indrawati

ISLAMABAD: Federal Finance Minister Ishaq Dar has called on World Bank Managing Director Sri Mulyani Indrawati and discussed the bank’s...

Auto manufacturers, dealers wage war of words over imports of used cars

KARACHI: Pakistan Automotive Manufacturers Association (PAMA) and All-Pakistan Motor Dealers Association (APMDA) have locked horns over the issue of used...

Rs29.57m and $1.10m transactions: NAB arrests forest officer of BS-18 over illegal assets

PESHAWAR: The National Accountability Bureau (NAB) Khyber Pakhtunkhwa zone has arrested a divisional forest officer of BPS-18 for allegedly making...

CDA may lay off employees over ‘financial crunch’ after LG elections

ISLAMABAD: The Capital Development Authority (CDA) has to face financial crunch after the local government elections in the federal capital...

27.5% more than last year’s Rs255.7b: Banks disburse Rs326b agri loans during July-March 2015

KARACHI: The banks disbursed Rs326 billion agri loans during first nine months of current financial year against the Rs255.7 billion...

RMCs brought down from Rs200m to Rs50m: SECP notifies REIT Regulations 2015

ISLAMABAD: After thorough consultation, the Securities and Exchange Commission of Pakistan (SECP) has replaced Real Estate Investment Trust (REIT) Regulations...

China offers investment of 3.8 billion US dollar for Pakistan Railways

LAHORE: Chinese Vice Minister for Transport Lu Dong Fu has said that Peoples Republic of China was willing to invest...

186-hour electricity provided in March: Shortfall reaches 4600MW; loadshedding intensified

LAHORE: The gap between supply and demand of electricity has widened 4600 megawatts in the country. The loadshedding has been...

Implementation of National Power Policy ’14 vital for economic growth: APBF

ISLAMABAD: All Pakistan Business Forum (APBF) President Ibrahim Quraishi has said that the regulators must take comprehensive steps for economic...

World Bank praises Pakistan’s reforms progress; assures support for economic growth

WASHINGTON: The World Bank has expressed appreciation for Pakistan’s economic upturn and reaffirmed its support for development of the key...

PTEA demands independent operations of textile ministry

FAISALABAD: Pakistan Textile Exporters Association (PTEA) on Monday supported independent operations of textile ministry in order to continue growth of...

Most of US $28 billion signed projects to complete within three years: Ahsan

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal Monday said that Pakistan and China have signed US $28 billion...

SECP introduces new regulatory framework for REITs in Pakistan

20/04/2015

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) here on Monday notified Real Estate Investment Trust (REIT) Regulations 2015...

Pakistan, China sign 51 agreements to fast pace work on CPEC