Category: Main

Punjab govt to appoint 5,000 officials for foreigners’ security

LAHORE: The Punjab government has decided to appoint 5000 officials for the security of foreigners including Chinese engineers working in the province. According to Punjab Government’s spokesman, CM Punjab Shahbaz Sharif has requested the immediate appointment of 5000 officials in the Special Protection Unit. These officials will provide security to the foreigners including those working […]

Work on CPEC optical fiber starts in Khunjerab

GILGIT – Work on the Optical Fiber Project of the China-Pakistan Economic Corridor (CPECP) has been started in Khunjerab area which will pass to Rawalpindi, Gwadar and other regions of Pakistan. The $44 million Pak-China Optical Fiber Project will be completed in two years. Once completed, the project will be connected with Trans-Asia-Europe (TAE) cable […]

Pakistani banks eye expansion in China; overseas markets

KARACHI: Several Pakistani banks are looking to step out of their comfort zone, planning to expand overseas and exploring new markets, including neighboring China, officials said on Tuesday. Sources said United Bank (UBL), Habib Bank (HBL) and National Bank of Pakistan (NBP), which together hold more than 40 percent market share, are attempting to capitalise […]

“Chinese Support To Overcome The Energy Crisis Is Remarkable”: Analysts

PM expresses satisfaction over the pace of work on the energy projects and said that the present government is effectively diversifying the energy mix of the country to overcome the energy shortfall. He was chairing a meeting on energy projects in the country in Islamabad today. PM said it is encouraging that all the ongoing […]

Govt announces packages for Chinese investors

Lahore—The Punjab government has announced different packages for Chinese investors, in order to promote industries. The investors, aiming to invest Rs 200 billion at Quaid-e-Azam Apparel Park, will be given 25 acre land free of cost. This was stated by Punjab Minister for Industries Ch Muhammad Shafiq while talking to media, on his return from […]

Projects worth US$10bn under CPEC already hit ground

Islamabad: Out of US$46 billion under China Pakistan Economic Corridor (CPEC) framework, projects worth more than US$ 10 billion had already hit the ground, while remaining schemes were in advanced stages of the pipeline. The remaining projects amounting to US$ 36 billion would soon be launched, according to a senior official in the ministry of […]

Challenges, threats to CPEC: Army chief set to leave for China

hief of Army Staff (COAS) General Raheel Sharif is set to leave for a crucial visit to China where he will be holding important meetings with Chinese political and military leadership on bilateral matters. An informed source told Pakistan Today that besides military to military relations, the army chief would be discussing the implementation of […]

Economic Long March From August 11 To Mark Two-Year Of Vision2025

ISLAMABAD: Federal Minister for Planning, Development and Reforms, Ahsan Iqbal on Monday announced to launch an economic long march on August 11 on completion of the second year of the government’s Vision 2025 programme. “We will not only present scorecard of our achievements during the last two years but also explain our targets for next […]

Remitances By Overseas Pakistanis To Rise Upto 10PC

ISLAMABAD: Overall remittances sent by Pakistanis residing in KSA and UAE are expected to be risen further by 10 per cent in FY 2016-17. According to Khaleej Times report, Overseas Pakistanis workers topped particularly by those working in the UAE and Saudi Arabia, had set a historic record of sending home $19.9 billion remittances in […]