Economy

The Bank of Canada left its benchmark overnight interest rate unchanged at 0.25% and said it would maintain the current pace of its large-scale asset purchase program, also known as quantitative easing. A statement explaining […]

The Chairman of Pakistan’s Senate Muhammad Sadiq Sanjarani said the China-Pakistan Economic Corridor (CPEC) will turn Pakistan into the regional economic hub when meeting with Chinese Ambassador Nong Rong on Monday afternoon. “Thanks to China, […]

ISLAMABAD, Jan. 29 (Gwadar Pro) – “China-Pakistan Economic Corridor (CPEC) is a rare window of opportunity for Pakistan to enter an era of progress and technological change. It is a catalyst for development but it […]

“CPEC is transforming Pakistan and opening the doors of new business opportunities, making the country an international business destination.” The above views were expressed by Mr. Hassan Daud Butt, CEO of KP Board of Investment […]

India’s central bank left its lending rate unchanged, though it warned that the recent surge in Covid-19 cases in the country could weigh on the domestic growth outlook. The “monetary policy committee voted unanimously to […]

China’s busiest port, the Port of Ningbo Zhoushan in the eastern province of Zhejiang, saw its cargo throughput exceed 1.17 billion tonnes in 2020, ranking first in the world for a 12th consecutive year, according […]

by Mariam Raheem BEIJING, Jan. 22 (Gwadar Pro) – The Online Conference for the Promotion of Economic and Trade Cooperation of Xinjiang, China — Pakistan Session was held by the Commerce Department of Xinjiang Uygur […]

ISLAMABAD, Jan. 22 (Gwadar Pro) – Pakistan’s key decision-making body, the Executive Committee of the National Economic Council (ECNEC), Thursday evening approved Rs 37.9 billion worth Pak-China Optical Fiber Cable (OFC) Project Phase II. Phase-II […]

ISLAMABAD, Jan. 21 (Gwadar Pro) – Federation of Pakistan Chambers and Commerce and Industry (FPCCI) Chairman Qurban Ali on Wednesday evening invited Swedish investors to join the grand mega project of China Pakistan Economic Corridor […]