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  • Energy cooperation: Govt signs 3 MoUs with German company

    November 22, 2013 9:27 PM 9

    German compan­y will set up a 100 megawa­tt solar power plant, a biogas plant and a biomas­s plant in Sahiwa­l. Chief Minister Muhammad Shahbaz Sharif, German delegation head Helmut Fugemann, Coordinator to Chief Minister on Energy Shahid Riaz Gondal, Additional Chief Secretary Jehanzeb Khan and Agriculture Secretary Ijaz Munir were present at the occasion

  • Neighbourly duty: China wants to share its progress

    November 22, 2013 6:56 PM 13

    China wants to pursue a policy of region­al co-existe­nce with its neighb­ours includ­ing India, says envoy. Chinese Ambassador to Pakistan Sun Weidong has said that the Pakistani investors should take benefit of the huge investment opportunities offered by western China. Addressing a seminar on Pakistan Council on China (PCC) at a local hotel Weidong

  • Business ownership: Entrepreneurship to ‘get boost’ as New-G launched

    November 22, 2013 6:35 PM 25

    Group plans to develo­p nation­al strate­gy to drive econom­y. KARACHI: As the world celebrates the Global Entrepreneurship week, it was an apt time for the launch of the National Entrepreneurship Working Group (NEW-G) in Pakistan. Armed by the support of the United States consulate in Karachi, New-G is a non-profit entity that will work on entrepreneurship

  • Railways Minister calls on Sindh Governor

    November 22, 2013 4:10 PM 12

    KARACHI: Federal Minister for Railways Khawaja Saad Rafique on Friday called on Sindh Governor Dr. Ishrat-ul- Ebad Khan and apprised him about the measures taken by his Ministry for revival of Karachi Circular Railway (KCR). The Governor while speaking to the Railways Minister said that revival of KCR will help resolve the problems related to public

  • Minister to lobby for GSP plus in Eastern Europe

    November 22, 2013 9:57 AM 18

    ISLAMABAD: In what appears to be a self-contradiction, the ministry of commerce has said to have launched a fresh round of economic diplomacy to ensure a favourable majority in the European Parliament for the grant of generalised system of preferences (GSP) plus facility for Pakistan. Top officials of the ministry had said at a press conference on Nov 6 that the GSP plus scheme

  • Vision Pakistan 2025 plan to be finalized by December’s end

    November 22, 2013 9:35 AM 25

    ISLAMABAD: Minister for Planning and Development Ahsan Iqbal on Friday said the eleventh five-year development plan and the long-term Vision 2025 would be finalized by the end of December after thorough consultation. The Minister said in his address at the consultative meeting for Vision Pakistan 2025 held at the Convention Centre here, with Prime Minister

  • US dollar eases against the yen

    November 22, 2013 9:08 AM 25

    November 22 2013 at 12:33pm By SAPA Tokyo - The US dollar eased against the yen in Asian afternoon trade Friday after getting a boost on strong US jobs data, which bolstered speculation the Fed will soon begin a rollback of its monetary easing scheme. The greenback bought 101.03 yen in Tokyo after jumping to 101.39 yen earlier in the day, against 101.16 yen in New York Thursday

  • ECC approves framework to regulate NGOs

    November 22, 2013 3:06 AM 12

    ISLAMABAD, Nov 21: The Economic Coordination Committee of the cabinet on Thursday approved a policy framework for regulation of non-governmental organisations (NGOs) receiving foreign contributions to ensure transparent utilisation of funds and streamline their activities. Presided over by Finance Minister Ishaq Dar, the meeting was informed that the Economic

  • Ahsan for focusing on value addition in agriculture

    November 22, 2013 2:04 AM 22

    RAWALPINDI - Federal Minister for Planning and Development Ahsan Iqbal stressed the need for focusing on value addition, as the country has still commodity-based economy and no attention has been given towards value addition. He said this while addressing as chief guest at International Seminar on “Saemaul Undong and Economic Development” to celebrate

  • Jatoi

    November 21, 2013 10:08 PM 22

    RAWALPINDI: National Policy on Privatization with focus on giving impetus to sell state enterprises running in losses would be announced soon, said Federal Minister for Industries and Production Ghumlam Murtaza Jatoi here on Thursday. "All state owned production units especially running in losses would be privatized at a rapid pace - this would be the focal