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  • ISLAMABAD: Secretary Ministry of Commerce Mohammad Younus Dagha in the 7th Session of Pakistan Australia Joint Trade Committee, held on December ‘4, in Canberra, Australia.

CM Sindh orders security of Chinese workers


CPEC, NON CPEC PROJECTS By Commerce Reporter KARACHI: Sindh Chief Minister Syed Murd Ali Shah has said that China Pakistan Economic Corridor (CPEC) is bound to usher in new vistas of development and prosperity in the country in general and in Sindh in particular. Therefore necessary security arrangements for the …

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Pakistan’s market beats India and China: Forbes


NEW YORK: According to Forbes, the last twelve months, Global X MSCI  Pakistan ETF was up 20%, beating India’s and China’s comparable ETF’s by almost two to one. Although Pakistan’s market is beating that of India and China, Forbes states it is lagging behind both these countries in key macroeconomic …

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Government determined to end load-shedding: PM


ISLAMABAD: Prime Minister Nawaz Sharif yesterday said the government was determined to eliminate load-shedding from the country and provide cheap electricity to domestic consumers. Talking to Chairman WAPDA (Water and Power Development Authority) Lt. General (retd) Muzammil Hussain here at PM House, PM Nawaz said the ongoing mega hydropower projects …

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Pakistan invites French automobile manufacturers


ISLAMABAD: Finance Minister Ishaq Dar invited leading French automobile manufacturers to set up their automobile manufacturing plants in Pakistan. Dar offered the invitation during his meeting with French automobile manufacturers Renault and Peugeot, in Paris on Wednesday. He invited them to set up their manufacturing plants in the light of …

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Govt lacks capacity to repay loans worth US $73billion

By Nasir Mehmood ISLAMABAD: The Pakistan Economy Watch (PEW) yesterday asked the economic managers to focus on reforms as emphasis on acquiring loans is against the national interests. Excessive focus on loans has pushed foreign loans to record seventy three billion dollars while the government lacks  the repayment capacity, it …

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Pak forex reserves at $ 22,858.4 mln

By Commerce Reporter KARACHI: The total liquid foreign reserves held by the country stood at US$ 22,858.4 million on September 9, 2016.  This was stated in an announcement of the State Bank of Pakistan (SBP) here yesterday. It said that the break-up of the foreign reserves position is as under: …

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CPEC set to attract $150b investment in Pakistan


ISLAMABAD: The connectivity through mega CPEC project will enhance trade opportunities for Pakistan with 70 per cent of the international maritime trade via Pakistan’s two big ports of Karachi and Gwadar. According to Khaleej Times report, China Pakistan Economic Corridor (CPEC) is planned to shoot up for a $ 150 …

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