DNA LAHORE ,  Oct 21  – The United Business Group (UBG),the largest alliance of chambers and trade associations in the country, will announce its panel on Oct 24  for the annual election of Federation of Pakistan Chamber of Commerce and Industry being held on Dec 30 next. President SAARC chamber of Commerce and Industry Iftikhar Ali Malik who is also Chairman UBG while talking to media here on Wednesday said that high level 20 members core committee meeting has been convened to make public the names of its panel candidates on all seats whichRead More

BEIJING, Oct. 21 – China’s efforts to help Pakistan build the CPEC and SEZs are all aimed at helping Pakistan realize industrialization and modernization. According to a report published by China Economic Net, the construction of SEZs is the enrichment and development of the CPEC Recently, three new Special Economic Zones (SEZs) are formally approved by the Board of Approvals (BOA), taking the total number to 20. CEN’s Special Commentator Prof. Cheng Xizhong in his analysis said that SEZs will enhance the production and export capacity of industrial products. Secondly,Read More

BEIJING, Oct. 21 – Commercial Counsellor of Pakistani Embassy Badar ur Zaman here said that the plastic machinery exported from China is getting popular in Pakistan, and collaboration in the plastic industry between the two countries is increasing. China is one of the major suppliers of plastic materials like PVC, PE, and other materials. It’s also one of the largest exporters of man-made fiber. “Chinese investors have a strong interest in investing in the textile industry of Pakistan, and we are looking forward to organizing more and more events inRead More

KARACHI : Chief Minister Sindh Murad Ali Shah on Wednesday assured the provincial police’s senior leadership that the Sindh government will always stand by it and will not let it down in any case. He was talking to senior police officers at CM House a day after the police’s top brass sought to proceed on leave en masse in protest against the “demoralising and shocking” treatment of the Sindh police chief in the events that led to the arrest of PML-N leader Captain Safdar. Sindh IG Mushtaq Mahar and otherRead More

ISLAMABAD : The Financial Action Task Force (FATF) has commenced its plenary meeting from October 21 to take up a case related to exit of Pakistan from its grey list. Pakistan is likely to remain in FATF grey list, however, there is no expectation from FATF to push the country in its blacklist. It emerged that Pakistan could not come off FATF grey list during the ongoing plenary meeting commenced from October 21 (today). Sources added that FATF virtual meeting will be concluded on October 23. The diplomatic sources expressedRead More