Saturday, April 2nd, 2022
Political uncertainty rattles economy as capital outflows rising: BMP
Anjum Nisar says despite good terms Pak unable to attract Chinese investors for vital change in economy Karachi: /DNA/ – The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has said political uncertainty has rattled the Pakistan economy, hitting the stock market constantly, as the country has witnessed the capital outflow of around $1.5 billion during the ongoing fiscal year, with major foreign investment outflows from Pakistan Investment Bonds (PIBs) despite high-yields returns on them. The BMP chairman and FPCCI former president Mian Anjum Nisar observed thatRead More
Need stressed for promoting Pakistan-Italy bilateral trade ties
ISLAMABAD, APR 1 /DNA/ – A delegation of Islamabad Chamber of Commerce & Industry led by Muhammad Shakeel Munir, President called on Andreas Ferrarese, Ambassador of Italy in his office and discussed with him the prospects for further improving bilateral trade and economic relations between the two countries. Muhammad Faheem Khan Vice President and Sheikh Amir Waheed former President ICCI were in the delegation. Addressing the delegation, H.E. Andreas Ferrarese, Ambassador of Italy said that his country wanted to further strengthen trade and economic relations with Pakistan to achieve mutuallyRead More
BBS, MYU sign MoU to strengthen coop in business & e-commerce
ISLAMABAD, Apr 2 /DNA/ – Beijing Business School (BBS), China, and Muslim Youth University (MYU), Pakistan, have signed an MoU to build an ecosystem with trained human resources to boost China-Pakistan business and e-commerce cooperation, Gwadar Pro reported on Saturday. The MoU will promote exchanges in academic research, student programs, culture, teachers training and joint curriculum development for experiential teaching and research environment. A joint research program on new business majors like e-commerce, rail transport, logistics, accounting, etc. will also be introduced. Muhammad Asif Noor, CEO of Diplomatic Insight Group,Read More
Russian invasion of Ukraine has destroyed half of Ukraine: army chief
Says Pakistan wants friendly relations with all countries DNA ISLAMABAD: Chief of Army Staff General Qamar Javed Bajwa Saturday reiterated that Pakistan wants to strengthen its ties with the US; however, not at the risk of its bilateral relations with other countries. Addressing the Islamabad Security Dialogue, the army chief said that Pakistan does not believe in camp politics and its bilateral relationships with the partners are not at the expense of relationships with other countries. He further said that Islamabad enjoys a close relationship with Beijing demonstrated by theRead More
Pak-China health cooperation in high gear: says Chinese diplomat
ISLAMABAD, Apr 2 (DNA): Chinese Acting Consul General Peng Zhengwu said China always aims to incentivize social and medical cooperation between China and Pakistan. Chinese Consulate General in Lahore is making all out efforts to ensure health facilities with the passion of brotherhood and affability. According to Gwadar Pro on Saturday, he expressed these remarks on the occasion of inaugurating of upgrading of Neonatology Unit and Central Oxygen system at Lady Aitchison Hospital carried out by the Chinese special grant in collaboration with the Institute of International Relations and MediaRead More