Pakistan’s economic growth for financial year 2016 has reached 4.7%

Pakistan’s economic growth for financial year 2016 has reached 4.7%
ISLAMABAD ( MEDIA REPORT ) Pakistan’s economic growth for financial year 2016 has reached percent the highest in eight years, according to a recent report by World Bank. The Pakistan Development Update report said that low rates of investment and declining export competitiveness remain a concern. However, Pakistan...

Palm Oil industry in Malaysia to produce high quality products: Director: MPOB

Palm Oil industry in Malaysia to produce high quality products: Director: MPOB
ISLAMABAD ( BMZ REPORT ) Pakistan continues to be an important market for Malaysian products, particularly palm oil. Pakistan imported about 605,333 tonnes of palm oil from Malaysia during the period of Jan-Sept, which are used primarily in the food sector. In fact, every year several million tonnes of...

CPEC. Pakistan and China on Monday began first trade activities

CPEC. Pakistan and China on Monday began first trade activities
GILGIT ( MEDIA REPORT ) Pakistan and China on Monday began first trade activities under the China-Pakistan Economic Corridor project (CPEC). At least a hundred Chinese containers arrived at the Sust port after getting permission from customs and an inaugural ceremony was held at the port a day earlier,...

Pakistan is closing airspace over Karachi and Lahore for Indian flights

Pakistan is closing airspace over Karachi and Lahore for Indian flights
ISLAMABAD ( BMZ REPORT ) In tit-for-tat move for India, Pakistan is closing airspace over Karachi and Lahore for Indian flights citing operational reasons. Starting October 8, airspace over Karachi and Lahore will remain closed for 18 hours a day, for 13 days, a notice issued by Pakistan said. The reason...
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