ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani will inaugurate joint venture in pharmaceutical field between Pakistan and Argentina in January 2009. This was stated by the Minister of State for Investment Saleem H. Mandivewalla, here on Saturday. The Minister of State, after the meeting with Argentinean Ambassador, Rodolfo J. Martin Saravia told the reporters that various [...]
Continue reading...Saturday, December 6, 2008
The Pakistan Economy Watch on Saturday said Pakistanis have lost billions of dollars of investments in speculator-oriented Dubai real estate property downturn. Those who lured Pakistanis by showing them golden dreams of rich returns by investing in the oil-poor emirate have walked away. These include salesmen, so-called developers, intermediaries and bankers, etc who must be [...]
Continue reading...Saturday, November 29, 2008
Pakistan Economy Watch on Saturday said Mumbai terror attacks are an incident bigger that the assassination of Indira Gandhi in 1984 and that of Rajiv Gandhi in 1991. India will remain target of homegrown terrorist until it reviews misaddressed policies. It is a big attack on Indian psyche which will severely damage the 1.2 trillion [...]
Continue reading...Tuesday, November 25, 2008
ISLAMABAD: Former Secretary General and Minister of State Akram Zaki said on Tuesday privatization and foreign investments are the biggest illusions of the century, it should be banned immediately. He said that we crossed all limits of self-deception and put the future of the country at stake due to dictated policies and imported rulers. Tall [...]
Continue reading...Sunday, November 2, 2008
ISLAMABAD: President Asif Ali Zardari will leave for Saudi Arabia Tuesday for holding wide ranging talks with Saudi leadership aimed at expanding trade and economic ties and seeking Saudi support in helping the country confront its financial challenges. President Zardari’s visit to Saudi Arabia is taking place at a time when Pakistan is in the midst [...]
Continue reading...Tuesday, September 30, 2008
Asia to become economic powerhouse by next decade Islamabad: Pakistan Economy Watch has said that only regional cooperation can provide relief to 50 crore poor living in South Asia. Political differences, if set aside, will spur new era of growth and Pakistan will reap dividends as Asia will be world’s centre of economic activity by next [...]
Continue reading...Saturday, September 27, 2008
PEW questions controversial role of Int’l rating agencies Pakistan Economy Watch has said that international rating agencies have initiated a malicious campaign against Pakistan. It asked government should take notice of these moves and counter it. Dr. Murtaza Mughal, President, Pakistan Economy Watch said on Saturday that the situation of economy is not very good [...]
Continue reading...Friday, August 29, 2008
ISLAMABAD: Finance Minister Naveed Qamar has said despite challenges, the government has taken tangible measures to consolidate the economy and attract foreign investment. Talking to newsmen in Islamabad on Friday, he said economic indicators are positive during the last two months the foreign direct investment has increased significantly besides record foreign remittances and tax collection. [...]
Continue reading...Sunday, August 17, 2008
LONDON: Pakistan does not need to turn to the International Monetary Fund (IMF) for money in the next10 months if the government cuts spending and gets other sources of funding to offset falling reserves, a senior IMF official said. Mohsin Khan, IMF’s director for the Middle East and Central Asia, said Pakistan had not asked [...]
Continue reading...Wednesday, June 25, 2008
ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani has said that there is a vast scope for foreign direct investment in the telecom sector which is being actively promoted by the government. The Prime Minister said this while talking to a delegation headed by Mr. Bjorn Hemstad, Chairman, Ericsson, Central Europe, Middle East and Africa, who [...]
Continue reading...Thursday, May 29, 2008
ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani has said that government is fully committed to the development of telecom sector and has taken a number of initiatives aimed at supporting the mobile sector to leverage its strength for growth of economy and social inclusion of all sections of population. He said that Pakistan has become [...]
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Saturday, December 13, 2008
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