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foreign investors

Big international brands have started investing in Pakistan: Imran Khan

LAHORE: Prime Minister Imran Khan on Saturday said gigantic international brands had started investing in the country because of increased confidence on government's policies. "Foreign investors have shown growing interest to invest in Pakistan because of immense market potential of the country and improved governance," he said while addressing a delegation of the Chamber of Commerce and Industry in Lahore.  Imran Khan said Japanese automaker Suzuki was going to invest 450 million dollars, while beverage brands…

Qatar allows full ownership for foreign investors

Qatar has approved legislation allowing 100-percent ownership for foreign investors in most sectors of the economy in a bid to boost non-energy revenues, the government said on Thursday. The move comes at a time of political crisis in the Gulf, with Qatar under an economic and diplomatic boycott by neighbouring countries for the past seven months. It is also an attempt by Qatar, the third largest economy in the Gulf, to secure new revenues to finance a budget deficit due to the slump in oil prices since mid-2014. Read…

Belarus adopts crypto-currency law to attract foreign investors

MINSK: Belarus has legalised transactions in crypto-currencies, part of a drive to foster private sector growth and attract foreign investment by liberalising parts of its Soviet-style economy. President Alexander Lukashenko signed a decree on the move on Thursday, his press service said. Bitcoin, the world's most popular crypto-currency, has lost a third of its value since hitting a record high of close to $20,000 (14.952) on Sunday, but its supporters dismiss warnings over volatility and say it is the start of a new…

China rust belt opens door wider to foreign investors

BEIJING: Trucks carrying hi-tech car components rumble in and out the gates of an American industrial zone in the heart of China's rust belt -- using roads that the city especially renovated for the complex. While foreign firms complain about being locked out of large swathes of China's vast market, the door has cracked open a bit wider in northeastern Liaoning province as the authorities seek to revive the recession-hit industrial region. The bustling activity at the Shenyang American Industrial Park, which hosts…

China opens bond market to foreign investors

BEIJING: China will allow foreign investors direct access to its massive bond market from Monday, the Chinese central bank said. A platform allowing one-way "northbound" investments from Hong Kong into the Chinese bond market will go into "experimental operation" on July 3, the People's Bank of China and the Hong Kong Monetary Authority said in a joint statement on Sunday, which came as Hong Kong marked the 20th anniversary of its handover to China by Britain. Access to the market will be restricted to "qualified…

Equal opportunities being provided to local, foreign investors in CPEC projects: Khurram

ISLAMABAD: Commerce Minister Khurram Dastgir on Saturday said that equal opportunities are being provided to local and foreign investors in China-Pakistan Economic Corridor (CPEC) projects. "75 percent projects of CPEC consist of energy projects," he said while speaking at the chamber of commerce in Gujranwala. China announced mega development projects in Pakistan worth $46-billion under China-Pakistan Economic Corridor (CPEC) project, which focuses on road building and energy infrastructure to end chronic power…

Lands will be provided to local, foreign investors: Shahbaz

LAHORE: Chief Minister Punjab Shahbaz Sharif has said that lands will be granted to local and foreign investors in energy sector here on Monday, ARY News reports. While meeting the delegation of Shanghai Electric Group China, The Chief Minister said that the Punjab Government has adopted a comprehensive strategy for the development of the province. He added that all possible facilities will be provided to the investors. Shahbaz appreciated the foreign electric company for expressing interest in the energy sector of…