Business News

Dar meets Chinese counterpart, seeks bilateral cooperation

Beijing—The Federal Minister of Finance and Revenue Mohammad Ishaq Dar met with his Chinese counterpart Lou Jiwei in Beijing on Thursday. The two ministers exchanged views on a wide range of financial and economic matters of interest and areas of cooperation between the two countries of bilateral, regional and international import. Dar voiced appreciation for China’s all out support in various fields with particular reference to its role in establishing Asian Infrastructure Investment Bank (AIIB). The bank intends to fund projects and thus address infrastructure deficit. Minister Ishaq Dar lauded China’s role in enhancing regional connectivity and for the major initiative of China-Pakistan Economic Corridor.

Shahbaz vows to overcome energy crises

Salim Ahmed

Lahore—Punjab Chief Minister Muhammad Shahbaz Sharif has said that Pakistan Muslim League-N government is making serious efforts for resolving the problems being faced by the country and steering it out of crises. He said that the promise of bringing the country out of darkness will be fulfilled under the leadership of Prime Minister Muhammad Nawaz Sharif. He said that delay in the execution of power projects due to sit-ins will be made up with hard work and determination.

SECP completes consultation process on LLP

Karachi—The Securities and Exchange Commission of Pakistan (SECP) in collaboration with United States Agency for International Development (USAID) through its Firms Project, launched a series of consultative and advocacy sessions throughout the country to introduce the concept of Limited Liability Partnership (LLP) in Pakistan. A string of five major sessions, attended by government representatives, business leaders, members of academic institution and other stake holders, were held in Karachi, Lahore, Islamabad, Sialkot and Faisalabad between October 13 to October 23, 2014.

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