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Company law modernisation to save Rs250b

[ ISLAMABAD: The government has estimated annual cost savings of around Rs250.54 billion ($895 million) through the modernisation of Companies Act and regulatory reforms. Of the total, savings of around Rs176.96 billion ($632.2 million) will come from modernising the law and Rs73.58 billion ($262.8 million) from regulatory changes. Sources said that it was informed in … Read more

Pakistan ready for composite dialogue with India, says Dar

Listen to article In another overture of peace, Pakistan on Tuesday once again extended the olive branch to arch-rival India and has offered composite dialogue with New Delhi to settle outstanding issues between the two nuclear-armed neighbours.  The latest offer was extended by Foreign Minister Ishaq Dar.  Addressing a news conference in New York, he stated that … Read more

Pak-Kyrgyz trade target set at $100m

[ ISLAMABAD: Pakistan and Kyrgyzstan have pledged to expand bilateral trade to $100 million and signed multiple agreements to boost cooperation in trade, energy, health, investment, and education during the 5th Session of the Inter-Governmental Commission (IGC) held in Islamabad. According to an official statement released on Monday, the meeting, co-chaired by Federal Minister for … Read more