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Finance minister reviews progress on economic zones

ISLAMABAD: Finance Minister Asad Umar chaired a meeting in Islamabad on Monday to review the work progress on different economic zones in the country. Planning Minister Makhdoom Khusro Bakhtyar was also present on the occasion. The meeting decided that the Planning Ministry will ensure necessary infrastructure arrangements for the zones which aimed to promote economic activities throughout the country. During a visit to China on December 21, Khusro Bakhtiar said efforts were being made to establish Special Economic…

Pakistan’s progress linked to peace, development of Balochistan: army chief

RAWALPINDI: Chief of Army Staff General Qamar Javed Bajwa on Saturday said that progress of Pakistan was linked to peace, stability and progress of Balochistan. He said this during a meeting with Balochistan Chief Minister Jam Kamal Khan. Overall security situation in the province was discussed during the meeting. Jam Kamal Khan appreciated efforts of Pakistan Army towards provision of enabling security environment for execution of socio-economic development projects as part of Khushal Balochistan Programme. Read…

Finance minister reviews progress of FATF action plan

ISLAMABAD: Finance Minister Asad Umar on Wednesday chaired a meeting in Islamabad to review progress of Financial Action Task Force (FATF) action plan. The meeting was attended by the executive directors from State Bank of Pakistan and Securities and Exchange Commission of Pakistan, the director general Financial Monitoring Unit, legal adviser FMU and other senior officials. The meeting was given a detailed presentation on the progress on actions taken by them towards implementation of FATF action plan. Read More:…

Politicians united on objective of developing Gwadar: senate chairman

ISLAMABAD: Chairman Senate Sadiq Sanjrani on Monday said politicians across the spectrum were united on the objective of developing Gwadar for progress of the country. "All four provinces are cooperating on the successful conduct of Gawadar exhibition in the port city later this month," he said this while talking to media in Islamabad. Leader of the House in the Senate Shibli Faraz said Gwadar port would play an important role in trade and business activities across the region. He said the successful conduct of this…

Google shows progress in addressing competition concerns, says EU’s Vestager

STRBSKE PLESO, Slovakia: Google’s proposals to increase competition in online shopping are bearing fruit, Europe’s antitrust chief said on Friday, suggesting that the company may be able to avoid further fines. Alphabet’s Google last year offered to allow price-comparison rivals to bid for advertising space at the top of a search page, giving them the chance to compete on equal terms, seeking to appease regulators after the European Commission fined it a record 2.4 billion euros ($2.8 billion) for favoring its own…