Chinese investors interested in manufacturing electric car plant in Punjab
Chinese investors are showing interest in setting up an electric car manufacturing plant in Punjab,Pakistan.
Govt raises Rs820 billion via T-bills
In a recent auction of Treasury Bills (T-Bills), the cut-off yields decreased by up to 140 basis points (bps), indicating a shift in Pakistan’s borrowing costs. According to data from the State Bank of Pakistan (SBP), the government raised Rs820 billion, surpassing the initial target of Rs400 billion against the
Government imposes new restrictions on non-filers
Pakistan’s Finance Minister, Muhammad Aurangzeb, recently announced new restrictions on property and vehicle purchases for non-filers as part of broader economic reforms. Speaking at a press conference in Washington, he highlighted that these difficult decisions are necessary to drive long-term improvement, according to Express News. Aurangzeb explained that Pakistan aims
Pakistan-China agree to deepen cooperation for joint development
The Ministry of Foreign Affairs has issued a joint statement between the Islamic Republic of Pakistan and the People’s Republic of China. This statement was released following the official visit of Chinese Prime Minister Li Qiang at the invitation of Pakistani Prime Minister Muhammad Shahbaz Sharif from October 14 to
Energy Minister: No policy shift amid net metering dispute
WEB DESK: Energy Minister Ovais Leghari clarified that there has been no indication from the government about discontinuing net metering. Addressing concerns raised during the Senate session regarding taxes on solar energy consumers, he emphasised that unfounded rumors are circulating regarding net metering. Furthermore, the Director-General of the Meteorological Department
Pakistan and China to sign MoU on petrochemical refinery next month
China and Pakistan are likely to sign a Memorandum of Understanding (MoU) on the crude-to-petrochemical refinery project during Prime Minister Shehbaz Sharif’s next month visit to Beijing. According to a national daily, citing a senior official of the Ministry of Energy, the two countries are expected to sign an MoU
PTI leadership demands probe into Pakistani figures named in ‘Dubai Unlocked’
ISLAMABAD – Opposition Leader Omar Ayub Khan has called for a thorough investigation into the Pakistanis named in the recent ‘Dubai Unlocked’ investigation. Speaking to journalists at Parliament on Wednesday, Khan emphasized the need to verify if these properties in Dubai have been declared. The Explosive Exposé The ‘Dubai Unlocked’
Deputy PM Dar in China to co-chair Pak-China FMs’ Strategic Dialogue
Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar has landed in Beijing, China. The Deputy Prime Minister and Foreign Minister was welcomed by Director General Ambassador Wang Fu Kang and Pakistan’s Ambassador to China, Ambassador Khalil Hashmi upon reaching the country. Dar will co-chair the Fifth Pakistan-China Foreign Ministers’