London: British Prime Minister Boris Johnson reshuffled his senior ministers this week, appointing his party’s first female foreign secretary, as he urged his government to get on with the job of tackling economic inequality after COVID-19. Ending regional inequality is key to the agenda set in 2019 when Johnson won the biggest Conservative Party parliamentary […]
Read MoreHeesu Lee and Min Jeong Lee Tokyo: Takemitsu Takizaki, the founder of electronic-sensor maker Keyence Corp., has overtaken Uniqlo billionaire Tadashi Yanai to become Japan’s richest person.Takizaki is worth $38.2 billion, according to the Bloomberg Billionaires Index, after his company’s shares almost doubled since the start of last year. Fast Retailing Co.’s Yanai, who lost […]
Read MoreChina Economic Net Beijing: The Group of 20, which comprises 19 countries and the European Union, should uphold real multilateralism in the spirit of solidarity and cooperation in order to define the direction of global governance and jointly cope with the common challenges that the world is facing, President Xi Jinping said this week. In […]
Read MoreGwadar Pro Karachi: Islamic Emirate of Afghanistan – commonly known as the Taliban – said this week said that extension of China-Pakistan Economic Corridor (CPEC) to Afghanistan was ‘very important.’Speaking at the Pak-Afghan Youth Forum’s International Conference titled ‘Rebuilding Afghanistan Together’ via video link, Afghanistan Taliban spokesperson Zabihullah Mujahid hoped that Pakistan’s help to the […]
Read MoreNewswire Islamabad: To commence the celebrations of Year 2022 which marks the 70th anniversary of the establishment of diplomatic relations between Japan and Pakistan, the Government of Japan has announced the Official Logo for this special occasion signifying historic relations between Japan and Pakistan. The logo epitomizes the hope for further development of friendly ties […]
Read MoreNewswire Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese said this week that Pakistan-Italy friendship was at an all-time high. The envoy said vast opportunities existed to enhance mutual trade and investment between Pakistan and Italy and businessmen and traders from both countries can reap the benefits.Speaking to the business community in Islamabad, the envoy urged […]
Read MoreHu Xijin Former Australian prime minister Paul Keating recently said that China’s “great problem” is that “it [China] is now a state as large as the United States, and with the potential of being much larger – an unforgivable sin for American triumphalists.” The former Australian head of state made such a statement when accusing […]
Read MoreWang Wen Some people say the year 2021 is witnessing the world economy obviously walking out of its darkest moment.They are perhaps right if we look at the numbers. Based on the predictions of multiple agencies, world economic growth is expected to stand at 6 percent this year, with the growth of China, the US, […]
Read MoreGwadar Pro Islamabad: China-Pakistan Economic Corridor (CPEC)’s Rashakai Special Economic Zone (SEZ) will get complete gas connections and supply by December this year, the authorities said.The SEZ will also get 50 Megawatt (MW) electricity by June 2022, Federal Minister for Economic Affairs, Omar Ayub Khan said. Omar Ayub Khan, chaired a high-level meeting to basically […]
Read MoreChina Economic Net Gwadar: The Balochistan provincial government has said that safe drinking water will be available to resolve the issue in Gwadar – the hub of China-Pakistan Economic Corridor (CPEC).Chief Secretary Mathar Niaz Rana held a meeting here this week to discuss the issues in Gwadar. The meeting was informed that immediate steps had […]
Read MoreGwadar Pro Badin: Minister for Information and Broadcasting Fawad Chaudhry said this week that Pakistan wishes to connect China-Pakistan Economic Corridor (CPEC) with the European Union (EU).Speaking to the journalists at the Badin Press Club, the minister said by connecting CPEC with EU, economic activity in the region will get a major boost. He said: […]
Read MoreXu Keyue and Liu Xin Beijing: Chinese President Xi Jinping said this week that China is willing to strengthen communication and coordination with Russia and the international community on the Afghan issue and stressed that China and Russia should deepen cooperation against interference in a phone conversation with Russian President Vladimir Putin.The top leaders of […]
Read MoreGwadar Pro Islamabad: The Ambassador Republic of Kyrgyzstan to Pakistan Ulanbek Totuiaev said this week that his country can invest in the Special Economic Zones (SEZs) under the China-Pakistan Economic Corridor (CPEC).In a meeting with the prominent businessperson and former president of Islamabad Chamber of Commerce (ICCI) Zafar Bakhtawari and Ahsan Bakhtawari here at the […]
Read MoreChina Economic Net Lahore: Pakistani Federal Minister for Planning, Development and Special Initiatives Asad Umar said this week that investment in Pakistan under China-Pakistan Economic Corridor (CPEC) had approximately reached $ 53 billion.Umar, who also heads National Command and Operation Centre (NCOC), said that 17 projects had so far been completed at a cost of […]
Read MoreGwadar Pro Islamabad: “Special Economic Zones (SEZs) under China-Pakistan Economic Corridor (CPEC) are very important for regional connectivity and development,” Acting Chairman of Pakistan’s Senate Mirza Muhammad Afridi said.Afridi expressed these views in a meeting with Ambassador of Vietnam Nguyen Tien Phong, who called on him at the Parliament House. He also emphasized that Vietnamese […]
Read MoreNewswire Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese said this week that there are vast opportunities for mutual trade and investment between Pakistan and Italy from which businessmen and traders of both the countries can reap the benefits.Pakistani businessmen and traders move forward and work to promote mutual trade and economic ties between Pakistanis […]
Read MoreKang Bing Despite becoming the top source of foreign direct investment last year, China is a newcomer to the world of investment and still has a lot to learn in the field of global investment. When China began measuring its overseas foreign direct investment (OFDI) in 2002, its total OFDI amount was a mere $2.7 […]
Read MoreAndreas Buelow Our world is full of possibilities and opportunities, as well as much uncertainty and risk. This has been true throughout human history but, right now, more opportunities are available to more people than ever before. What’s more, as humanity advances, there is a pervading sense of confidence that we can manage the challenges […]
Read MoreIslamabad: The State Bank of Pakistan (SBP) has received US$ 2.75 billion from the International Monetary Fund (IMF), as part of Special Drawing Rights (SDR) allocation announced by the fund recently, the central bank confirmed through a tweet here.“#SBP has received US$ 2.75 billion from the IMF, as part of SDR allocation announced by IMF […]
Read MoreGwadar Pro Karachi: Sindh Chief Minister Syed Murad Ali Shah said this week that the provincial government had removed the encroachments along the track of the Karachi Circular Railway (KCR) project under the China-Pakistan Economic Corridor (CPEC).“We have removed the encroachments along the track of Karachi Circular Railway (KCR) project and are going to construct […]
Read MoreChina Economic Net Beijing: China’s value-added industrial output, an important economic indicator, went up 6.4 percent year on year in July as production demand continued to recover, data from the National Bureau of Statistics (NBS) showed.The figure was up 11.5 percent from the level in July 2019, bringing the average growth for the past two […]
Read MoreTokyo: Japan rebounded faster than expected from its pandemic-driven slump in the run-up to the Tokyo Olympics.Official figures show the world’s third-largest economy grew at twice the rate forecast in April to June.But analysts have warned growth will be modest this quarter after a state of emergency was reimposed to ease a spike in Covid-19 […]
Read MoreIslamabad: Pakistan this week started exporting mangoes to Russia after the time period to exchange perishable goods between the two countries was reduced to a mere seven days since a multinational export convention opened up the option of land route.Pakistan Customs announced that the first consignment of White Chaunsa (a popular mango breed) to Russia […]
Read MoreNewswire Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese has said that Italy has helped establish two technology centers in Pakistan recently. “Recently, two technology centres have been established with Italian cooperation – the Italy-Pakistan Footwear Technology Centre in Lahore and the Italy-Pakistan Textile Technology Centre in Faisalabad – for which latest machinery has been donated […]
Read MoreGwadar Pro Rahim Yar Khan: A new road will be constructed with a cost of Rs 4 billion from Bahawalpur to Jhangra to connect the Bahawalpur Industrial Zone with the China-Pakistan Economic Corridor (CPEC), Pakistan Minister for Industries and Production Makhdoom Khusro Bakhtiar said.He said another new road will also be constructed from the Industrial […]
Read MoreNewswire Tokyo: A select number of Japanese brands now offer drinks packaged in aluminium cans instead of plastic bottles. The decision is framed as a counteractive measure in the fight against marine plastic pollution.According to the WWF, each year, 8 million tonnes of plastic are dumped in our oceans. 90% of seabirds have microplastics in […]
Read MoreCathleen O’Grady London: The United Kingdom currently has one of the highest rates of open-access publication in the world, with many researchers posting their research papers on websites that make them publicly available for free. But the country’s leading funding agency announced a new policy that will push open access even further by mandating that […]
Read MoreNewswire Islamabad: The Pakistan parliamentary delegation, headed by National Assembly Speaker Asad Qaiser, recently called on Azerbaijan’s Foreign Minister Jeyhun Bayramov.The two sides discussed issues of mutual interest and also deliberated on the prospects of enhancing cooperation in various fields. The speaker felicitated the Azeri foreign minister on the liberation of territories from Armenia. Pakistan […]
Read MoreNewswire Islamabad: Austrian ambassador to Pakistan Nicolaus Keller is a huge supporter of closer Pakistan-Austria ties.He has been meeting Pakistan officials to achieve the goal of further cementing the friendship. Nicolaus Keller, born 1970 in Austria. Sinde 2018 to date, he said Ambassador Extraordinary and Plenipotentiary of the Republic of Austria to the Islamic Republic […]
Read MoreGwadar Pro Islamabad: Prime Minister Imran Khan has ordered to resolve the severe electricity crisis in Gwadar and Makran on a priority basis, said a top businessperson who met the PM.Gwadar Chamber of Commerce and Industry president Mir Naveed Jan Baloch said that Prime Minister Imran Khan had shown seriousness to resolve these problems. He […]
Read MoreChina Economic Net Islamabad: Foreign Minister Shah Mehmood Qureshi said this week that Bahrain should invest in the Special Economic Zones (SEZs) established under the China Pakistan Economic Corridor (CPEC).“There are many areas in Pakistan, where Bahraini investors can go and invest especially in the Special Economic Zones (SEZs) being established along CPEC,” he said […]
Read MoreWind energy is of outstanding importance to the energy transition in Germany. According to the Federal Statistical Office, its share in total gross electricity production of about 24% is far higher than those of all other renewable energy sources.“To reach our climate goals, it is important to further expand these capacities and to replace as […]
Read MoreNewswire Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese has said that Italy was committed to extend the cooperation of a diverse potential sector to enhance the bilateral economic cooperation between Pakistan and Italy. Ambassador Ferrarese said that green economy, transfer of technology for industrial sector including textiles and agro industry, construction sector, education and […]
Read MoreIkenna Emewu In 2020, while documenting the Abuja integrated transport project, which includes the metro, intercity railway and the Abuja airport, and is handled by China Civil Engineering Construction Corp, I read in detail how China developed its high-speed railways.Cooperation between countries is important for improving infrastructure and boosting economic development, and it is cooperation […]
Read MorePeter Boone and Simon Johnson Anyone who risks a visit to Canada these days needs to take care. Canadians are threatening six months in jail, and up to $750,000 in fines, for disobeying testing and quarantine rules upon arrival.In the UK, travelers arriving from outside the country have been warned they could face 10 years […]
Read MoreIslamabad: Federal Minister for National Food and Security and Research Syed Fakhar Imam met Ambassador of Argentina in Pakistan Leopold Francisco Sahores this week. They said Pakistan would import low cost grain storage technology from Argentina and enhance its technological outreach gradually.Fakhar Imam discussed agricultural trade between the two countries and said that Pakistan had […]
Read MoreChina Economic Met Islamabad: Pakistan has urged Saudi Arabia to benefit from the “vast opportunities” of the China-Pakistan Economic Corridor (CPEC) and its Special Economic Zones (SEZs) as Foreign Minister Prince Faisal bin Farhan visited Islamabad and held talks with the top leadership.The Saudi FM met President Arif Alvi and Prime Minister Imran Khan besides […]
Read MoreMiriam McNabbon Tokyo: Japan’s IT Media reports that Japan Post has invested 3 billion yen – more than 27,000,000 USD in drone manufacturer ACSL drone delivery technology, in order to implement commercial mail delivery by drone in 2023.Delivering mail in an increasing challenge in depopulated and remote areas of Japan. A shortage of delivery personnel […]
Read MoreDing Gang Many Western media outlets have simply interpreted China’s recent regulation measures on internet companies, such as Alibaba and Didi Chuxing, and publicly listed tutorial companies as Chinese government’s crackdown on capital. Some foreign elites view this as a move by Beijing to put capital under command of the Communist Party of China. They […]
Read MoreTokyo: Japan kept the overall assessment of its economy unchanged for a second straight month in July, retaining the view that conditions remain severe due to the impact of the coronavirus pandemic.In a monthly report approved by Prime Minister Yoshihide Suga’s cabinet this week, the government said full attention should be given to the way […]
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