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ISLAMABAD:  The government has launched a Rs82-billion investment programme designed to enhance crop productivity, undertake livestock and fisheries development projects and improve irrigation water efficiency. The programme is based on five presentations given to Prime Minister Imran Khan by the task force on agriculture. Federal Minister for National Food Security and Research...
ISLAMABAD:  The government is committed to transparency and facilitating investors to enable them to take advantage of the massive potential in the country, reiterated Prime Minister Imran Khan on Tuesday. The prime minister was meeting with Telenor Group President and CEO Sigve Brekke who called on him at the PM Office....
With a population of more than 200 million people, Pakistan may be a growing market for foreign electronic goods and mobile phones. But a host of issues relating to the business environment, taxation and low purchasing power of consumers continue to keep them from investing in the manufacturing industry...
LAHORE:  PepsiCo has announced that it intends to invest $1 billion in Pakistani market over the course of the next five years. The news was shared by PepsiCo Chief Executive Officer for Asia, Middle East and North Africa (AMENA) region Mike Spanos in a meeting with Prime Minister Imran Khan. The disclosure...
LAHORE:  Punjab Finance Minister Hashim Jawan Bakht has emphasised that investment climate in the province is better than the overall investment situation in the country and Punjab is the best province for business and investment. In a meeting with Board of Investment (BOI) Chairman Haroon Sharif, the minister pointed out that...
KASB Morning Shout: We expect to hear more on the front of Chinese financial assistance. Firstly we think the market is underappreciating the significance of the currency swap. In the past the SBP has used it to borrow money in yuan against PkR and then convert that into USD...
DUBAI: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has said that around $4 billion is being invested by the United Arab Emirates to build coastal refinery near Hub power plant. He revealed that the UAE investment company Mubadala has started its work with Pakistan’s energy company...
KARACHI / ISLAMABAD:  The economic partnership between Pakistan and Germany has shown positive trends in recent years, however, it needs to be strengthened further, said Board of Investment (BOI) Chairman Haroon Sharif. Sharif was addressing the Pakistan-Germany Investment Forum, organised by the BOI and attended by a German delegation from the...
A Saudi Consortium has reached Islamabad with an offer to establish five desalination projects in Pakistan with an investment of $ 2 billion in five years, well informed sources in Board of Investment (BoI) told Business Recorder. Commercial Counselor Jeddah, sources said, liaised with M/s Muhammad Nazir Chaudhry Chemical Products (MNCP)...
ISLAMABAD:  Tellhow Group of Nanchang, China has executed a number of projects in Pakistan including more than 20 small hydroelectric power projects, a heavy oil-power station in Karachi, two nuclear power units and is now participating in designing a smart city in Gwadar. This was stated by Nanchang People’s Government of...

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Asad: between rock and a hard place

The beleaguered Finance Minister gets no respite. He is constantly in the line of fire; at times under friendly fire as well. He puts...