Pakistan
has most liberal investment policy in region: Senator Waqar Ahmed
Khan;
Federal Minister for Investment Waqar Ahmed Khan said that Pakistan
is pursuing the most liberal investment policy in the South Asian
region.
(Source, The
News,The
Post)
New
trade policy on July 29;
Commerce Minister Makhdoom Amin Fahim will unveil 2009-10 Trade
policy on July 29 after the formal approval of the Federal Cabinet.
"We are giving final touches to the trade policy, which will
be placed before the Federal Cabinet on July 29," said one
of the officials of the Commerce Ministry. A presentation would
be given to Prime Minister Syed Yousuf Raza Gilani on July 24
instead of July 20 as was planned before, said the official.
(Source, BR,The
Nation)
Govt.
working hard to get rid of loadshedding: Pervez Ashraf;
Minister for Water and Power Raja Pervez Ashraf said that the
government is working on war footing basis to get rid of loadshedding
in the country. He said the country is still facing gap between
demand and supply in power generation. To fill the gap, the government
has initiated many power projects which would be completed by
the end of current year.
(Source, The
Post)
Australian
firm interested in coal power project;
An Australian firm has shown interest for the setting up of a
coal-based power project at Thar.
This was stated by the Director General of the Sindh Board of
Investment (SBOI) Arif Illahi..
(Source, The
Post)
Iran-Pakistan
gas pipeline project: delay in execution causing $5 million daily
loss: Dr. Asim;
Dr Asim Hussain, Adviser to the Prime Minister on Petroleum and
Natural Resources has said the delay in the execution of Iran-Pakistan
Gas Pipeline project is causing Pakistan a loss of $5 million
per day. Briefing the media on oil pricing formula for petroleum
products he said the import of 750 Mmcfd of natural gas from Iran
would support 4,600 MW of power generation in the country.
(Source, BR)
Domestic
tourism in full swing;
The domestic tourists reaching mountainous Gilgit-Baltistan from
all over country have thronged area and occupancy in local hotels
have increased significantly, compared to previous years, Hotel
Association said.
(Source, BR)