Business Archives - Page 13 of 21

Italy wants to cooperate with Pakistan through green economy: Ambassador Andreas Ferrarese

Staff Writer Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese has said that through the green economy, Italy wanted to cooperate with Pakistan for environment protection, circular economy, resource saving and management, ecosystem protection and recovery, water conservation and natural disaster prevention. In a recent statement, the Ambassador said that Italy had established the Italy-Pakistan […]

MoU signed to strengthen Sino-Pak coop in buffalo business

China Economic Net Beijing: Royal Group, China, and JW Holdings, Pakistan, in the spirit to enhance cooperation in buffalo business between the two countries, signed a Memorandum of Understanding (MoU) on September 1 as a side event of the 2022 China International Fair for Trade in Services (CIFTIS). According to the MoU, the two companies […]

Pakistan offers excellent investment opportunities for Italian companies: Ambassador Andreas Ferrarese

Staff Writer Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese has said that Pakistan offered excellent investment opportunities for Italian companies. In a recent statement, he said bilateral trade volume between Italy and Pakistan has exponentially grown from € 1.42 billion in 2019 to €1.52 billion in 2021. According to the Ambassador Andreas Ferrarese, although […]

Two foreign banks to provide loans through carbon-reduction supporting tool

Xinhua Beijing: The People’s Bank of China this week said that two foreign lenders have been added to the list of financial institutions that can provide firms with low-cost loans through a supporting tool for carbon emission reduction. Deutsche Bank (China) Co., Ltd. and Societe Generale (China) Ltd. are the two banks that have just […]

What the US brought to the Middle East and beyond?

Mehmoodul Hassan Khan As usual, the western media was very enthusiastic about the US president Joe Biden’s latest trip to the Middle East and rated it as “successful” and “fruitful” in terms of economic partnerships, security deals and political consultations on different regional as well as international issues. In this connection, the shades of brutal […]

Trapped in US dollars

Agnes Javed The U.S. Federal Reserve Board and the Federal Open Market Committee (FOMC) on Wednesday released the minutes of the committee meeting for July 2022. It shows that policymakers remain committed to raising interest rates as high as necessary in order to bring consumer prices closer to their 2% goal. “Participants agreed that there […]

What can the private sector do to tackle water security challenges?

Aamer Sheikh Water is not only a critical component of our food system, but a fundamental human right. It is also an essential resource for the growth and prosperity of communities worldwide. For Saudi Arabia — the eighth most at-risk country in terms of water stress according to the Washington-based World Resources Institute’s 2019 Aqueduct […]

Ambassador Andreas Ferrarese explores investment opportunities in Pakistan

Staff Writer Islamabad: hardworking Ambassador of Italy to Pakistan Andreas Ferrarese has been exploring investment opportunities in Pakistan. In a recent reception, he emphasised on the enormous investment opportunities for mutual trade between Pakistan and Italy that can prove to be beneficial for both countries. The envoy – during whose ongoing term Pakistan and Italy […]

China: A peep into future

Xinhua Beijing: From cutting-edge biomimetic robots to medical robots to agricultural robots which can pick fruits — more than 500 sets of robots have shown up at the World Robot Conference 2022 (WRC 2022) which have brought visitors closer to what life will be like in the future. The four-day event, with more than 130 […]

Chinese trainers to arrive soon for Pakistan-China Technical and Vocational Institute in Gwadar

Gwadar Pro Gwadar: Pakistan will soon receive Chinese trainers for Pakistan-China Technical and Vocational Institute in Gwadar. Gwadar Port Authority (GPA) Chairman Naseer Khan Kashani held meetings with the Shandong Institute of Commerce and Technology (SICT) on Thursday on the exchange program to introduce courses in Pakistan-China Technical and Vocational Institute. The technical and vocational […]

NADRA to acquire 126,000 digital tablets from China for census

Gwadar Pro Islamabad: Pakistan’s National Database Regulatory Authority (NADRA) has decided to purchase 126,000 digital tablets from China for the upcoming 7th Population and Household Digital Census in December 2022. The delivery of tablets started today (August 20) and will be completed in eight batches by December 11, 2022, NADRA said. Among them, the first […]

Italy to enhance cooperation in technology transfer with Pakistan: Ambassador Andreas Ferrarese

Staff Writer Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese said this week that Italy will enhance cooperation in technology transfer with Pakistan. He said green economy, transfer of technology for the industrial sector including textiles and agro industry, construction sector, education and health were major areas of focus to extend the bilateral cooperation. Ambassador […]

US foreign economic policy is dividing global economy

Ali Farid Khwaja The US foreign policy shift towards China can end up creating a very divided global society, one filled with intrigues, conspiracies, and suspicion. The riots in Sri Lanka and Pakistan’s current political scene are examples of this. Such fissures will not be limited to the emerging markets but are likely to have […]

Pakistan’s exports to Italy reached all-time high this year: Ambassador Andreas Ferrarese

Staff Writer Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese said this week that Pakistan’s exports to Italy reached an all-time high of $805 million during the first 9 months of this financial year according to the Pakistani official reports. He maintained Italy was now home to the largest Pakistani diaspora in the European Union […]

China’s box office bounces back this summer

Gwadar Pro Beijing: The Chinese box office this summer has reached 7.382 billion yuan (about 1.095 billion U.S. dollars) as of Saturday, already surpassing the total revenue for the last summer movie season, said the China Film Administration. The top earners include the Chinese sci-fi comedy “Moon Man” and the movie drama “Lighting Up The […]

Ambassador Andreas Ferrarese inaugurates Beretta store

Staff Writer Karachi: The Ambassador of Italy to Pakistan Andreas Ferrarese this week inaugurated Beretta store, a leading Italian brand of firearms at Karachi. The Italian Consul General in Karachi Danilo Giurdanella also joined the inaugural event. After ribbon cutting ceremony, the Italian Ambassador visited different departments of this store. Speaking on this occasion, the […]

Chinese companies’ delisting a response to US coercion, not choice of decoupling

Hu Xijin Five Chinese state-owned giants – China Life Insurance, PetroChina, Sinopec, Aluminum Corporation of China, and Sinopec Shanghai Petrochemical – have announced they will delist from the New York Stock Exchange (NYSE). It is important to understand exactly what the delisting means, without either underestimating or overstating the significance. The five companies’ choice, as […]

Retailers can conquer supply chain woes by harnessing the power of data

Karl Crowther Alongside the pandemic, 2022 continues to be marred by a significant and ongoing supply chain crisis. Disruption to shipping, increasing freight prices and shortages of everything from semiconductors to HGV drivers has led to empty shelves for consumers and rising costs for retailers. For the last two years, with shattered supply chains and […]

Italy and Pakistan will touch new heights in trade: Ambassador Andreas Ferrarese

Staff Writer Islamabad: Ambassador of Italy in Pakistan Andreas Ferrarese this week said that Italy and Pakistan will touch new heights in bilateral trade in the coming years. The envoy said that Italy and Pakistan have a potential of €4 billion bilateral trade, saying it’s perfectly doable with collective efforts of both governments and private […]

China-Pakistan to expand air routes, personnel exchanges in orderly manner

Newswire Beijing: China is willing to restore and expand air routes and personnel exchanges with Pakistan in an orderly manner, a senior Chinese official said. Last week, talking to Foreign Minister Bilawal Bhutto Zardari on the sidelines of Shanghai Cooperation Organization (SCO) Council of Foreign Ministers meeting in Tashkent, Uzbekistan, Chin’s State Councilor and Foreign […]

Ambassador Andreas Ferrarese welcomes rapid increase in Pakistani exports to Italy

Staff Writer Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese this week welcomed the rapid increase in Pakistani exports to Italy. Speaking to Covert, the envoy said that Italy was facilitating Pakistani exports as Rome wanted to enhance trade ties with Islamabad. “This is a good development. The trade ties are getting a boost. I wish […]

The prospects of Japan’s post-pandemic tourism

Yusaku Yoshikawa On 10 June 2022, Japan finally started allowing international tourists into the country for the first time in two years after the COVID-19 pandemic began. Seeking to balance its reopening and preventing the spread of infection, the Japanese government requires all tourists to wear face masks, and to be privately insured and chaperoned. […]

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