Pakistan set to become new Islamic finance heavyweight
By Arno Maierbrugger Bangkok: Islamic finance is expected to take off in Pakistan in the coming years due to new regulations on Shariah-compliant banking, newly launched industry-supporting regulatory bodies, as well as rising demand from foreign investors and the large unbanked Muslim population, experts suggest. According to the Global Islamic Finance Report, a renowned yearbook […]
Govt exempts import duties on equipment for CPEC projects
Islamabad: The Economic Coordination Committee (ECC) of the Cabinet approved Tuesday grant of exemption from customs duties, levies and other relevant taxes for import of equipment and construction material to contractors for the completion of two early harvest projects of Karakorum Highway (KKH) phase II (Thakot to Havellian section) and Karachi-Lahore Motorway (Sukkar to Multan […]
An Introduction to CPEC
Dr Ahmad Rashid Malik Facts to know, points to ponder Chinese diplomat Zhao Lijian, gave a free and frank yet an enlightening presentation on the introduction of the CPEC at the Institute of Strategic Studies Islamabad on 14 July. His approach was critical like a university professor unlike giving a government-sponsored viewpoint. The presentation turned […]
Shehbaz meets Chinese vice foreign minister in Beijing
Beijing: Punjab Chief Minister Muhammad Shehbaz Sharif met Chinese Vice Foreign Minister Zhang Yesui in Beijing on Tuesday. Speaking on the occasion, the chief minister said that Pak-China friendship is a precious asset of every Pakistani, and added that completion of China Pakistan Economic Corridor (CPEC) will change the destiny of the region. He said […]