• Copyrights
  • Privacy & Policy
  • Code of Ethics
  • Terms of Use
  • About Us
  • Contact Us
Monday, December 9, 2019
Daily Business World
  • Home
  • Today’s Newspaper
  • Pakistan
  • Business
    RCCI to organise Pak-UK Trade, Investment Conference in Birmingham

    RCCI to organise Pak-UK Trade, Investment Conference in Birmingham

    Pakistan’s delegation to attend FATF meeting today

    Pakistan’s delegation to attend FATF meeting today

    China ready to cooperate with Pakistan to establish Drug-Free Zone

    China ready to cooperate with Pakistan to establish Drug-Free Zone

    Asian Development Bank approves $1b to strengthen Pakistan’s economy

    Asian Development Bank approves $1b to strengthen Pakistan’s economy

    Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

    Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

    Saudi Arabia, Russia look to seal deeper output cuts with producers

    Saudi Arabia, Russia look to seal deeper output cuts with producers

    Kuwait asks Balochistan government to conduct CPEC conference for business community

    Kuwait asks Balochistan government to conduct CPEC conference for business community

    SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

    SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

  • World
    PM holds huddle with Sindh allies, focuses on ‘corruption’ in province

    PM holds huddle with Sindh allies, focuses on ‘corruption’ in province

    Balochistan to introduce small interest-free loans

    Balochistan to introduce small interest-free loans

    RCCI to organise Pak-UK Trade, Investment Conference in Birmingham

    RCCI to organise Pak-UK Trade, Investment Conference in Birmingham

    Pakistan’s delegation to attend FATF meeting today

    Pakistan’s delegation to attend FATF meeting today

    Federal Investigation Agency to shift its focus to corruption cases under new command

    Federal Investigation Agency to shift its focus to corruption cases under new command

    IHC once again reserves verdict on petition seeking three MNAs’ disqualification

    IHC once again reserves verdict on petition seeking three MNAs’ disqualification

    China ready to cooperate with Pakistan to establish Drug-Free Zone

    China ready to cooperate with Pakistan to establish Drug-Free Zone

    Dua Mangi returns home a week after being kidnapped in Karachi’s DHA

    Dua Mangi returns home a week after being kidnapped in Karachi’s DHA

    12 protesters killed in Baghdad attack

    12 protesters killed in Baghdad attack

    Trending Tags

    • Stocks
      • World Indicies
      • Commodities
      • Currencies
      • Bonds
      • Exchange Traded Funds
      • Mutual Funds
    • Op-Ed
      • Editorial
      • Opinion
      • Letter to the Editor
    • CPEC
      China ready to cooperate with Pakistan to establish Drug-Free Zone

      China ready to cooperate with Pakistan to establish Drug-Free Zone

      Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

      Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

      Kuwait asks Balochistan government to conduct CPEC conference for business community

      Kuwait asks Balochistan government to conduct CPEC conference for business community

      SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

      SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

    • Technology
      China to launch first 5G automatic micro-bus on October 20

      China to launch first 5G automatic micro-bus on October 20

      Samsung plans to invest $11 billion in cutting-edge quantum dot displays

      Samsung plans to invest $11 billion in cutting-edge quantum dot displays

      Uber to buy Chile’s Cornershop as it sets sights on delivering groceries

      Uber to buy Chile’s Cornershop as it sets sights on delivering groceries

      TCL electronics becomes No. 1 Smart TV brand in Pakistan

      TCL electronics becomes No. 1 Smart TV brand in Pakistan

      Facebook’s Libra launch could be held over regulatory concerns: executive

      Facebook’s Libra currency abandoned by major financial companies

      Trending Tags

      • Lifestyle
        Ushna Shah’s remarks to pizza boy spark Twitter outrage

        Ushna Shah’s remarks to pizza boy spark Twitter outrage

        Kate Middleton stuns in traditional outfit, earrings by Pakistani brand

        Kate Middleton stuns in traditional outfit, earrings by Pakistani brand

        Mahira Khan shakes leg with Lebanese actress Daniella Rahme in Paris

        Mahira Khan shakes leg with Lebanese actress Daniella Rahme in Paris

        Abida Parveen is Jada Smith’s ‘spiritual mother’

        Abida Parveen is Jada Smith’s ‘spiritual mother’

        Katrina Kaif’s picture with sister Isabelle Kaif makes for a perfect sibling selfie

        Katrina Kaif’s picture with sister Isabelle Kaif makes for a perfect sibling selfie

        Atif Aslam wins over Indian fans with his Coke Studio’s ‘Wohi Khuda Hai’

        Atif Aslam wins over Indian fans with his Coke Studio’s ‘Wohi Khuda Hai’

        Trending Tags

        No Result
        View All Result
        • Home
        • Today’s Newspaper
        • Pakistan
        • Business
          RCCI to organise Pak-UK Trade, Investment Conference in Birmingham

          RCCI to organise Pak-UK Trade, Investment Conference in Birmingham

          Pakistan’s delegation to attend FATF meeting today

          Pakistan’s delegation to attend FATF meeting today

          China ready to cooperate with Pakistan to establish Drug-Free Zone

          China ready to cooperate with Pakistan to establish Drug-Free Zone

          Asian Development Bank approves $1b to strengthen Pakistan’s economy

          Asian Development Bank approves $1b to strengthen Pakistan’s economy

          Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

          Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

          Saudi Arabia, Russia look to seal deeper output cuts with producers

          Saudi Arabia, Russia look to seal deeper output cuts with producers

          Kuwait asks Balochistan government to conduct CPEC conference for business community

          Kuwait asks Balochistan government to conduct CPEC conference for business community

          SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

          SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

        • World
          PM holds huddle with Sindh allies, focuses on ‘corruption’ in province

          PM holds huddle with Sindh allies, focuses on ‘corruption’ in province

          Balochistan to introduce small interest-free loans

          Balochistan to introduce small interest-free loans

          RCCI to organise Pak-UK Trade, Investment Conference in Birmingham

          RCCI to organise Pak-UK Trade, Investment Conference in Birmingham

          Pakistan’s delegation to attend FATF meeting today

          Pakistan’s delegation to attend FATF meeting today

          Federal Investigation Agency to shift its focus to corruption cases under new command

          Federal Investigation Agency to shift its focus to corruption cases under new command

          IHC once again reserves verdict on petition seeking three MNAs’ disqualification

          IHC once again reserves verdict on petition seeking three MNAs’ disqualification

          China ready to cooperate with Pakistan to establish Drug-Free Zone

          China ready to cooperate with Pakistan to establish Drug-Free Zone

          Dua Mangi returns home a week after being kidnapped in Karachi’s DHA

          Dua Mangi returns home a week after being kidnapped in Karachi’s DHA

          12 protesters killed in Baghdad attack

          12 protesters killed in Baghdad attack

          Trending Tags

          • Stocks
            • World Indicies
            • Commodities
            • Currencies
            • Bonds
            • Exchange Traded Funds
            • Mutual Funds
          • Op-Ed
            • Editorial
            • Opinion
            • Letter to the Editor
          • CPEC
            China ready to cooperate with Pakistan to establish Drug-Free Zone

            China ready to cooperate with Pakistan to establish Drug-Free Zone

            Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

            Regular all-cargo air service begins between Chinese city Lanzhou and Lahore

            Kuwait asks Balochistan government to conduct CPEC conference for business community

            Kuwait asks Balochistan government to conduct CPEC conference for business community

            SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

            SEZs to generate 575,000 direct and one million indirect jobs under second phase of CPEC

          • Technology
            China to launch first 5G automatic micro-bus on October 20

            China to launch first 5G automatic micro-bus on October 20

            Samsung plans to invest $11 billion in cutting-edge quantum dot displays

            Samsung plans to invest $11 billion in cutting-edge quantum dot displays

            Uber to buy Chile’s Cornershop as it sets sights on delivering groceries

            Uber to buy Chile’s Cornershop as it sets sights on delivering groceries

            TCL electronics becomes No. 1 Smart TV brand in Pakistan

            TCL electronics becomes No. 1 Smart TV brand in Pakistan

            Facebook’s Libra launch could be held over regulatory concerns: executive

            Facebook’s Libra currency abandoned by major financial companies

            Trending Tags

            • Lifestyle
              Ushna Shah’s remarks to pizza boy spark Twitter outrage

              Ushna Shah’s remarks to pizza boy spark Twitter outrage

              Kate Middleton stuns in traditional outfit, earrings by Pakistani brand

              Kate Middleton stuns in traditional outfit, earrings by Pakistani brand

              Mahira Khan shakes leg with Lebanese actress Daniella Rahme in Paris

              Mahira Khan shakes leg with Lebanese actress Daniella Rahme in Paris

              Abida Parveen is Jada Smith’s ‘spiritual mother’

              Abida Parveen is Jada Smith’s ‘spiritual mother’

              Katrina Kaif’s picture with sister Isabelle Kaif makes for a perfect sibling selfie

              Katrina Kaif’s picture with sister Isabelle Kaif makes for a perfect sibling selfie

              Atif Aslam wins over Indian fans with his Coke Studio’s ‘Wohi Khuda Hai’

              Atif Aslam wins over Indian fans with his Coke Studio’s ‘Wohi Khuda Hai’

              Trending Tags

              No Result
              View All Result
              Business World
              No Result
              View All Result
              Home Cpec

              China to build Railway University in Pakistan

              WebDesk by WebDesk
              19/11/2019 05:42 PM
              1 0
              China to build Railway University in Pakistan
              0
              SHARES
              6
              VIEWS
              0
              SHARES
              3
              VIEWS
              ShareTweetGoogleLinkedinRedditPrint

              ISLAMABAD: Addressing a ceremony in Rawalpindi today (Monday) Shiekh Rasheed Ahmed said that a Railway University will be established in cooperation with China in Pakistan. Talking to media persons in Rawalpindi today, he said this project will significantly reduce the travel time for passengers. Minister for Railways Sheikh Rasheed Ahmad said that the Railways infrastructure will be upgraded under the ML-1 project at a fast pace. He said land for the university will be provided by the Railways which will be constructed with the investment of China, along with an IT University which will be established in Rawalpindi. The minister reiterated that PTI government will complete its five years term and not budge or cave in due to the pressure being exerted by external forces. Earlier on November 16, Federal Minister for Railways, Sheikh Rasheed, expressed his thoughts that the ongoing developments are going in favour of Prime Minister Imran Khan, media reported. Sheikh Rasheed, in his latest statement, said it is not a new story to tell the exact time of [former prime minister] Nawaz Sharif’s departure. Pointing aims at Jamiat Ulema-e-Islam Fazl (JUI-F) chief, Rasheed added Azadi March was the first-ever sit-in lodged by Maulana Fazlur Rehman’s followers which failed to get public attention. He predicted that JUI-F will witness fall of seats in the next election as Fazl’s politics have ended. Meanwhile, Habib Bank Limited created history by becoming the first and only bank from Pakistan and one of the three banks from the South Asia and MENA region to offer end-to-end RMB intermediation. The HBL Urumqi branch formally commenced the RMB business last week after obtaining all regulatory approvals. With the commencement of RMB clearing capability, HBL Urumqi branch will provide clearing to HBL branches, subsidiaries and affiliates. Habib Bank is now positioned to take a leading role in the regional RMB trade, remittance and investment flows. This unparalleled capacity will further strengthen HBL’s leadership in Pakistan with respect to the China business. HBL Urumqi branch is the only foreign bank branch in Xinjiang province. HBL has also applied to Chinese Regulators to upgrade its Beijing Representative office to a branch; it is expected that license will be received in the next 2-3 months subject to regulatory approvals. In early November 2019, a high powered delegation from HBL led by Sultan Ali Allana, Chairman HBL and Muhammad Aurangzeb, President & CEO HBL, formally commenced the Urumqi branch’s RMB operations. Also present on the occasion were members of the HBL’s board of directors and senior executives of the bank. Speaking on the occasion of the commencement of RMB business at the Urumqi branch, Allana said “I am very proud that we are here today. The commencement of the RMB business is a stepping stone and we are very hopeful that in the coming years HBL will have more presence in China. We have also made an application for a branch in Beijing. We want to be a progressive bank, we want to do what is right for the institution, and for the country. For us that is paramount. We want to be an integral part of the Chinese economy and the country. There shall be no compromises on compliance, under any circumstances. We will do everything that is right. I am very hopeful that in the coming years this branch, this foundation can give us the springboard to become a bank of relevance in China in the coming decades.” Commenting on this historic first for a Pakistani bank, Aurangzeb stressed “We are doubling up our business in China and it will soon become a second home market for HBL. For our branch in Urumqi we got the RMB license in the shortest possible time so we are very grateful to the regulators in China. Currently our focus is to work in developing the RMB intermediation at our Urumqi branch which has gone live and the establishment of the Beijing Branch. The Chinese regulators are very supportive of developing market based capabilities and encouraging financial institutions to provide clients best-of-breed leading edge products and services while managing systems risks well. We will continue to monitor the opportunities to expand our footprint in China over time.”

              0
              SHARES
              3
              VIEWS
              ShareTweetGoogleLinkedinRedditPrint
              Tags: china-to-build-railway-university-in-pakistan

              Related Posts

              PML-N walks out of Nat’l Assembly over non-issuance of production orders
              Pakistan

              PML-N walks out of Nat’l Assembly over non-issuance of production orders

              December 7, 2019
              3
              PM holds huddle with Sindh allies, focuses on ‘corruption’ in province
              Pakistan

              PM holds huddle with Sindh allies, focuses on ‘corruption’ in province

              December 7, 2019
              2
              Balochistan to introduce small interest-free loans
              Pakistan

              Balochistan to introduce small interest-free loans

              December 7, 2019
              3
              RCCI to organise Pak-UK Trade, Investment Conference in Birmingham
              Business

              RCCI to organise Pak-UK Trade, Investment Conference in Birmingham

              December 7, 2019
              5
              Pakistan’s delegation to attend FATF meeting today
              Business

              Pakistan’s delegation to attend FATF meeting today

              December 7, 2019
              4
              Federal Investigation Agency to shift its focus to corruption cases under new command
              Pakistan

              Federal Investigation Agency to shift its focus to corruption cases under new command

              December 7, 2019
              4

              Leave a Reply Cancel reply

              Your email address will not be published. Required fields are marked *

              • Trending
              • Comments
              • Latest
              Meet the minister who kept Rs465 millions’ properties in his servant’s name

              Meet the minister who kept Rs465 millions’ properties in his servant’s name

              May 21, 2019
              Meet the PTI minister who purchased over a dozen luxurious properties in London

              Meet the PTI minister who purchased over a dozen luxurious properties in London

              May 22, 2019
              Saudi princess ordered bodyguard to beat labourer, made him kiss her feet

              Saudi princess ordered bodyguard to beat labourer, made him kiss her feet

              September 12, 2019
              7th Hum Awards 2019 to be held in US

              7th Hum Awards 2019 to be held in US

              September 17, 2019
              Black day in country today as Kashmir gag continues

              Black day in country today as Kashmir gag continues

              August 15, 2019
              TikTok-logo-Fb

              Indian court refuses to suspend ban order on Chinese app TikTok

              April 16, 2019

              Private education system vs government schools

              November 30, 2019
              “Daily Business World E-Paper 4th December 2019”

              “Daily Business World E-Paper 4th December 2019”

              December 4, 2019
              “Daily Business World E-Paper 07th December 2019”

              “Daily Business World E-Paper 07th December 2019”

              December 7, 2019
              PML-N walks out of Nat’l Assembly over non-issuance of production orders

              PML-N walks out of Nat’l Assembly over non-issuance of production orders

              December 7, 2019
              PM holds huddle with Sindh allies, focuses on ‘corruption’ in province

              PM holds huddle with Sindh allies, focuses on ‘corruption’ in province

              December 7, 2019
              Balochistan to introduce small interest-free loans

              Balochistan to introduce small interest-free loans

              December 7, 2019
              RCCI to organise Pak-UK Trade, Investment Conference in Birmingham

              RCCI to organise Pak-UK Trade, Investment Conference in Birmingham

              December 7, 2019
              Pakistan’s delegation to attend FATF meeting today

              Pakistan’s delegation to attend FATF meeting today

              December 7, 2019
              Federal Investigation Agency to shift its focus to corruption cases under new command

              Federal Investigation Agency to shift its focus to corruption cases under new command

              December 7, 2019
              IHC once again reserves verdict on petition seeking three MNAs’ disqualification

              IHC once again reserves verdict on petition seeking three MNAs’ disqualification

              December 7, 2019

              Recent News

              “Daily Business World E-Paper 07th December 2019”

              “Daily Business World E-Paper 07th December 2019”

              December 7, 2019
              5
              PML-N walks out of Nat’l Assembly over non-issuance of production orders

              PML-N walks out of Nat’l Assembly over non-issuance of production orders

              December 7, 2019
              3
              PM holds huddle with Sindh allies, focuses on ‘corruption’ in province

              PM holds huddle with Sindh allies, focuses on ‘corruption’ in province

              December 7, 2019
              2
              Balochistan to introduce small interest-free loans

              Balochistan to introduce small interest-free loans

              December 7, 2019
              3

              About Us

              Azm Media Group needs no introduction to the world of journalism, which, in the field of Print Media, is rendering unprecedented services for the past forty two years.
              The animous of Azm Media Group, Rehmat Ali Raazi, who is also the founder chairman of the Group, has a very rare and uncommon description in the terrain of investigative journalism and column writing. He has set a gleaming paradigm in the genre of journalism by hard drill, arthritic labor and firm occupation.

              Email

              info@dailybw.com
              Web: dailybw.com

              Follow Us

              Stocks & Forex

              • Bonds
              • Commodities
              • Currencies
              • Exchange Traded Funds
              • Mutual Funds
              • World Indicies

              Contact Us

              • Copyrights
              • Privacy & Policy
              • Code of Ethics
              • Terms of Use
              • About Us
              • Contact Us

              © 2018 Daily Business World - All Rights Reserved - Powered by GBI.

              No Result
              View All Result
              • Today’s Newspaper
              • Pakistan
              • Business
              • World
              • Stocks
              • E-Paper
              • Op-Ed
                • Editorial
                • Opinion
                • Letter to the Editor
              • Cpec
              • Technology
              • Lifestyle

              © 2018 Daily Business World - All Rights Reserved - Powered by GBI.

              Login to your account below

              Forgotten Password?

              Fill the forms bellow to register

              All fields are required. Log In

              Retrieve your password

              Please enter your username or email address to reset your password.

              Log In