Chinese companies have started locating business centers in Pakistan: PM’s Advisor

News Image

MG News | October 25, 2019 at 10:36 AM GMT+05:00

October 25, 2019: Adviser to Prime Minister on Commerce, Investment, Industries and Textile, Abdul Razak Dawood has said that Chinese companies have started locating business centers in different parts of the country.        

Talking to private news channel, he said the Chinese companies started construction work in Lahore and Faisalabad to explore business in textile sectors.

He said a policy for textile is being formulated and it is in the refining stage. He said Pakistan textile sector has registered an increase of 37 percent, particularly in the garment sector.

Related News

Name Price/Vol %Chg/NChg
KSE100 176,846.36
409.77M
-0.62%
-1109.15
ALLSHR 107,272.74
784.99M
-0.45%
-487.35
KSE30 52,438.23
109.21M
-0.80%
-423.49
KMI30 248,794.52
113.36M
-0.65%
-1628.55
KMIALLSHR 68,802.42
561.58M
-0.38%
-262.45
BKTi 50,360.41
21.24M
-1.11%
-567.14
OGTi 35,490.67
21.72M
0.06%
20.80
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 69,580.00 70,205.00
69,175.00
1005.00
1.47%
BRENT CRUDE 92.29 92.29
91.47
0.67
0.73%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
1.00
0.92%
ROTTERDAM COAL MONTHLY 122.50 122.50
122.50
-0.45
-0.37%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 84.88 84.91
84.23
0.49
0.58%
SUGAR #11 WORLD 17.56 17.66
17.31
0.09
0.52%

Chart of the Day


Latest News
August 20, 2026 at 06:30 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


August 20, 2026 at 12:02 AM GMT+05:00

Diesel price slashed Rs32.63, petrol gets Rs2.97 hike


August 19, 2026 at 09:04 PM GMT+05:00

SBP raises Rs518bn through MTB Auction


August 19, 2026 at 06:30 PM GMT+05:00

Pakistani freelancers log over $175m in July


August 19, 2026 at 06:08 PM GMT+05:00

China's Chang'e-7 Lunar Probe set for launch



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg