Important Business News
Non-CPEC projects: China willing to lend a helping hand
COAS lays foundation stone of Gwadar desalination plant
Chief of Army Staff (COAS), General QamarJavedBajwa laid foundation stone of United Arab Emirates (UAE) and Swiss governments’ supported Gwadar desalination plant at Gwadar on Sunday.
Refund claims hit by inconsistency
There is an inconsistency of Rs 90 billion between the pending refund claims cited by Minister of State for Finance Rana Muhammad Afzal Khan and those claimed by the exporters.
Exploitation of CPEC potential President exhorts Baloch youths to acquire knowledge of modern sciences
President Mamnoon Hussain on Sunday urged the youngsters of Balochistan province to achieve excellence in modern sciences to fully exploit the imminent development opportunities under China-Pakistan Economic Corridor.
P&D chief highlights multi-sectoral economic reforms of Punjab govt
As the Pakistan Muslim League-N’s ten year rule in Punjab is coming to an end in about ten weeks, Business Recorder talked with Chairman Planning and Development Punjab Muhammad Jehanzeb Khan about Government of Punjab’s program of multi-sectoral reforms focused on improving competitiveness in Punjab as the business environment is a crucial determinant of the competitiveness of the private sector which depends on a well-functioning investment climate.
|6.||Concern over high demand for ephedrine in Pakistan
The International Narcotics Control Board (INCB) has expressed concern over unusual high annual legitimate requirements of ephedrine in Pakistan.
FATF and Pakistan- Editorial
Minister of State for Finance Rana Afzal told a foreign news agency that Pakistan “will start meeting on the issue of Financial Action Task Force (FATF) after March 1 to see what we can do on this and what strategy we can devise.” The de facto Finance Minister of the country, Miftah Ismail, with the title of Advisor to the Prime Minister on Finance, Revenue and Economic Affairs with a status of a federal minister, the most vocal amongst the four members of the top executive engaged in diplomatically defending Pakistan’s stance, dismissed concerns that placing Pakistan on the grey list would negatively impact on the country’s growth and accused the United States of seeking to “embarrass” Pakistan.
|8.||Currency exchange rates