Headlines 1300 hrs



Leading international companies' representatives say pro-investment policies have led to economic growth in Pakistan.


Pakistan Stock Exchange and Shanghai Consortium of China have agreed to cooperate in shares business. 


Supreme Court has adjourned hearing of Panama Papers case till Monday.


In Occupied Kashmir, APHC Chairman has strongly criticized Indian Prime Minister for his rhetoric about state terrorism.


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Senior Executives of leading international companies term Pakistan as one of the most investment friendly countries in the world.

They were speaking at a dinner hosted by Abraaj Group of UAE at Davos, which was attended by Prime Minister Muhammad Nawaz Sharif as chief guest. 

It was attended by Senior Executives of leading international companies including City Bank, Unilever, McKinsey and others.

They also counted stability of democratic government as one of the most important reasons for the growing economy of Pakistan. 



The Senate was informed on Friday that the government is ensuring proper supply of quality medicines in the country.

Minister of State for Education Baligh ur Rehman told the House during question hour that a number of drug licenses were suspended and fine imposed last year for manufacturing substandard medicines.

He said prices of medicines are increased as per provisions of the Drug Pricing Policy, 2015.

Answering a question, the Minister of State informed the House that the government is given attention to education in backward areas, particularly Balochistan. Prime Minister's Fee Reimbursement Programme is being implemented in the far-flung areas.

Baligh ur Rehman said National Vocational and Technical Training Commission is modifying its vocational training programme in the wake of China-Pakistan Economic Corridor.



A five member larger bench of the Supreme Court headed by Justice Asif Saeed Khosa has adjourned the hearing of Panama Case till Monday.

Taufiq Asif, Counsel of Jamaat-e-Islami on Friday started his arguments.

When the counsel referred the bench to Article 248 of the constitution, the bench said the prime minister has not sought immunity under the article.

In his remarks, Justice Azmat Saeed Sheikh said the case cannot built on mere assumptions and presumptions. He asked the counsel of Jamaat-e-Islami to present evidence in support of his allegations.



Minister of State for Information and Broadcasting Marriyum Aurangzeb has said no petitioner has so far presented any evidence before the court to prove their allegations against Prime Minister Nawaz Sharif in Panama Papers Case.

Talking to media persons outside Supreme Court in Islamabad on Friday, she said Jamaat-e-Islami and PTI are accusing Nawaz Sharif for money laundering and tax evasion, but they have not yet produced any evidence in this regard.



President Mamnoon Hussain on Friday visited Governor House Karachi and offered condolence on demise of late Justice retired Saeed-Uz-Zaman Siddiqui with his son Afnan Siddiqui.

President Mamnoon Hussain recorded his impressions in condolence book.



In Occupied Kashmir, APHC Chairman Syed Ali Gilani has criticized the Indian Prime Minister for his “rhetoric” about state terrorism.

In a statement in Srinagar on Friday, he said Modi’s assertions are irrelevant and full of flaws as India itself is violating all norms and is involved in state terrorism in Occupied Kashmir.



UN Secretary-General Antonio Guterres has called for new business partnerships to limit the impact of climate change and reduce poverty.

Addressing the World Economic Forum in Davos, the Secretary-General said he was particularly interested in the "alignment of the core business of the private sector with the strategic goals of the international community."



Donald Trump will take oath of his office as 45th President of the United States in Washington on Friday.

He will replace Barack Obama in the White House.

Trump won the general election on November 8, last year against Democratic rival Hillary Clinton.

Donald Trump has nominated all 21 members of his cabinet.

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