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Western route of CPEC to be completed for uplift of less developed areas: Planning Ministry

(Web Desk) – The Ministry of Planning, Development and Reform has clarified a news article published in a section of the press which alleges that Western route is not part of CPEC. A spokesman of the ministry termed it as

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FBR to launch pilot testing of RIMS on restaurants in the first week of January

The Federal Board of Revenue (FBR) would launch a pilot testing of Real-time Invoice Monitoring System (RIMS) on hotels/restaurants in Islamabad having sales turnover of Rs.5 million and above in the first week of January 2018 to monitor sales and

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Nigeria wants enhanced trade with Pakistan: Envoy

Maj Gen (r) Ashimiyu Adebayo Olaniyi, Ambassador of Nigeria has said that Pakistan and Nigeria have many commonalities that should be leveraged for promoting bilateral trade and economic relations between the two countries. He said Nigeria has excellent cooperation with

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Pakistan has been elected for Policy making organ of United Nations Industrial Development Organization

IRFAN BAHADUR PESHAWAR: Pakistan has been elected to the main policy making organs of the United Nations Industrial Development Organization (UNIDO) which would prove to be very fruitful step for the economic development of Trade industry in Pakistan. According to

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New Economic states established under CPEC Project in KP

Irfan Bahadur PESHAWAR: The Khyber Pakhtunkhwa government has acquired ten thousand kanal land at Rashakai near Mardan for establishment of industrial zone under China-Pakistan Economic Corridor (CPEC). A report quoting a spokesman of provincial government, initially fifteen industrial units of

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Chinese express interest in joint auto-part manufacturing ventures

LAHORE: A Chinese delegation has expressed its interest in pursuing joint ventures with Pakistan in the auto parts and accessories sector, notwithstanding that the current market in the country is already flooded with cheap imports from the northern neighbour. An

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Pakistan’s commercial interests held hostage by false promises and empty words

The tall talk, globetrotting and endless meetings of the commerce ministry’s hierarchy have done little to serve the country’s commercial interests. Pakistan’s trade deficit has ballooned, its share dwindled, terms have favoured partners and the agenda of regional integration has

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World Bank sees slight fall in agriculture prices

ISLAMABAD: The World Bank says that global agricultural prices are forecast to recede modestly in 2017, but will largely stabilise in 2018, while most food markets are well-supplied and the stock-to-use ratios of some grains are forecast to reach multi-year

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European stock markets up as US back in record territory

LONDON (AFP) – European stock markets were up Tuesday as Wall Street pushed back into record territory following strong earnings from several blue-chip companies, including Caterpillar and McDonald s, traders said. Investors took heart after US industrial giant Caterpillar lifted its

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