Under CPEC trade first Pakistani truck carrying Seafood arrives in Xinjiang
A truck loaded with cold chain containers from Pakistan has arrived at Kashgar city in Northeast China’s Xinjiang Uygur Autonomous Region via a cross border land route. This is the first time that seafood containers from Pakistan have been transported by road from Karachi to Kashgar city along the China-Pakistan Economic Corridor (CPEC). A representative…
Adil Aziz
President urges insurance companies to expand services in health, agriculture sectors
President Dr. Arif Alvi urged insurance companies to expand their services in health and agriculture sectors and utilize modern technologies for enhancing outreach to masses. The quantum of insurance sector in national economy was much less than its potential and in comparison to other countries of the region, he noted and stressed upon all the…
PM Shehbaz welcomes hybrid vehicles project in Pakistan
Prime Minister Shehbaz Sharif has welcomed the project of Toyota to produce hybrid vehicles in Pakistan and said it should be ensured that the spare parts for the vehicles should be manufactured locally. Prime Minister Shehbaz Sharif said Pakistan considered Japan as an important partner for its progress and prosperity and Japanese companies should avail…
Governor SBP Inaugurates Bank Alfalah’s First Digital Lifestyle Branch
Governor State Bank of Pakistan Mr. Jameel Ahmad has said that Pakistan’s banking industry was investing in technological upgrades to facilitate its customers and improving their overall banking experience. He was optimistic that exciting projects like Bank Alfalah’s First Digital Lifestyle Branch will unlock new opportunities, making banking easier to access and leading a more…
Govt sets GDP growth target at 3.5% for FY 24
The government set the Gross Domestic Product (GDP) growth target for the fiscal year 2023-24 at 3.5 percent, with sectoral growth of 3.5 percent in agriculture; 3.4 percent in industrial; and 3.6 percent in services. This was informed in the meeting of Annual Plan Coordination Committee (APCC) chaired by Minister for Planning, Development and Special…
US Deputy Chief of Mission engages stakeholders on trade, climate, green shipping
US Deputy Chief of Mission Andrew Schofer participated in a stakeholder consultation on trade, climate, and green shipping in Pakistan organized by the US Agency for International Development (USAID). During the discussion, policy makers and private-sector leaders identified existing issues and challenges related to climate change, with a specific focus on promoting green and sustainable…
Pakistan, UAE discuss ways to strengthen economic cooperation
Ambassador of the United Arab Emirates, Hamad Obaid Ibrahim Salim Al-Zaabi here on Thursday (01 June) called on the Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar. During the meeting they conversed about the deep rooted brotherly ties and discussed various areas of common interest for further strengthening the trade and economic ties…
Pakistan, EU agree to strengthen economic ties
Pakistan and the European Union (EU) have agreed to continue engaging in high-level discussions and work towards concrete actions to strengthen the economic ties, promote investment opportunities, and enhance bilateral trade. The understanding to this effect was reached during a meeting between Ambassador of the European Union to Pakistan Dr Riina Kionka and Minister for…
Govt to enhance rural economy through value addition of agri-produce: PM
Prime Minister Muhammad Shehbaz Sharif stressed upon taking of practical and permanent steps over the agriculture reforms and said that the government would improve the rural economy through value addition of agri-production. The prime minister chaired a high level meeting on the fiscal budget 2023-24 proposals regarding the agriculture sector. The prime minister observed that…
MNAs demand effective awareness campaign, increased taxes on tobacco products, SSBs
The members of the National Assembly (MNAs) on Wednesday demanded the Lower House of the Parliament to propose increased taxes on tobacco products and sugar-sweetened beverages (SSBs) in the upcoming budget and initiate effective public awareness campaign to shun its use among masses wasting both health and money. MNA, Dr. Nisar Ahmad Cheema of Pakistan…