Category archives for: Business

British Firms Willing to do Business in Pakistan

It was recently reported from Karachi that British companies have shown interest in doing business in Pakistan. The British Deputy High Commissioner, while addressing a meeting in Karachi, stated Pakistan can provide different avenues to the British businesses, who are now in pursuit to penetrate into newer markets. He admitted that there are certain security […]

Pakistan and China Sign Agreement on $1.6 Billion Lahore Metro Train Project

lahore orange metro train map

Punjab Chief Minister Muhammad Shahbaz Sharif and Chairman of the Chinese National Development Reforms Commission signed an agreement this Thursday May 22, 2014 to start Lahore Orange Line Metro Train Project. This will be first of its kind metro train project in Pakistan’s history. President Mamnoon Hussain and Chinese President Xi Jinping were also present […]

Gwadar Port to Facilitate Trade with China and Central Asia

It was recently reported from Karachi that the Gwadar Port is now going to function as a centre of trade to not only facilitate China but also to provide goods and services to Central Asia.   A Chinese delegation recently came to Pakistan in order to discuss the matters and it was revealed that they […]

Russia and China sign agreement to supply natural gas

china russia gas agreement

Gazprom Russian gas consortium and the National Petroleum Corporation (CNPC) signed an agreement to export natural gas to the Asian power from Russia on Wednesday. During this week, the Asian giant has pressed for a better price on the fuel supply in a visit by Russian President Vladimir Putin in Shanghai. After nearly a decade […]

Dry ports: underscores need for better Facilities

The President Mamnoon Hussain during a meeting with the Sialkot Dry Port trust said that the dry port needed the latest and the best available facilities to increase the speed of order delivery, which would allow them to benefit form the increased trade concessions offered by the international community. While speaking to the members of […]

Pakistan, Africa gear up for Business

Pakistan and Africa are working towards establishing business connections. The Lahore Chamber of Commerce and Industry (LCCI) held the third LCCI-Africa show on Wednesday, at Lahore. The show consisting of a exhibition and a conference attracted large amount of people, businessmen and political figures.    The show went on through out the day in order […]

Iran Understands Pakistan’s Stance on IP Pipeline

It was recently reported from Islamabad that the Minister of Petroleum and Natural Resources, Shahid Khaqan Abbasi, came out in the open and explained how the international sanctions against Iran are still a hurdle for Iran-Pakistan gas pipeline. However, he also revealed that Iran is still willing to cooperate as it understands Pakistan’s stance on […]

Prime Minister Approves Interest-Free Loan Scheme

It was recently reported from Islamabad that the current Prime Minister of Pakistan, Mian Mohammad Nawaz Sharif, has approved an interest-free loan scheme. This means that the government is willing to disburse Rs 3.5 billion under a scheme where it is going to offer loans to different people (50 percent being women) across the globe. […]

Pakistan-US Pledge to Invigorate Trade Ties

It was recently reported from Islamabad that Pakistan is now willing to work with the United States in order boost their trade ties. The two countries have been allies on paper for quite some time now but the trade between them was never actually effective enough to move the economy of any country. However, now […]

IT Ministry plan E-Office Forum

e-office

It was recently reported from Islamabad that the Minister of State for IT, Anusha Rahman, came out in the open and claimed that the e-office suite can be a phenomenal achievement for the IT ministry and also the present government. She claimed that this is going to ensure efficiency, accuracy, effectiveness and even good governance. […]

Price of Potato to fall further

potato

It was recently reported from Lahore that the price of potato is expected to fall more after the approval of import from China and Bangladesh. Therefore, analysts claim that the prices will come down before the holy month of Ramadan. A recent meeting which took place at the Provincial Cabinet, it was stated by the […]

Cotton Harvesting Delayed by a Month

cotton

It was recently reported from Karachi that cotton harvesting is going to be delayed for a month as the farmers who began to sow late in April are still engaged in planting the seeds. A report read, “The sowing, which was supposed to begin in the end of February and/or beginning of March, actually started […]

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