Gwadar Pro Islamabad: Pakistan’s National Assembly this week passed ‘The China Pakistan Economic Corridor Authority Bill, 2020.’Last week, Asad Umar said the CPEC Authority Ordinance had lapsed in May 2020 and the CPEC Authority Bill was pending in the National Assembly. He said all administrative and financial decisions of the Authority were being taken according […]
Read MoreIslamabad: Pakistan and Uzbekistan this week resolved to enter into Preferential Trade Agreement (PTA) for increasing the bilateral trade and promote trade liberalization on both sides. The two sides also discussed to revive the Joint Business Council, and assured that bilateral engagements like Inter Governmental Commission will be held more frequently, said a press release […]
Read MoreNewswire Islamabad: The Government of Japan has agreed to provide grants approximately worth 1,986 million Japanese Yen (Equivalent to around 19 million USD / around 3,057 million PKR) for installation of weather surveillance radar in Sukkur, Sindh province.Notes to this effect were signed and exchanged between Matsuda Kuninori, Ambassador of Japan to Pakistan and Noor […]
Read MoreNewswire Islamabad: Pakistan and Italy this week agreed that they had exemplary relations based on mutual trust and principles of cooperation, resolved to further expand the relationship in all dimensions. The resolve came during the 5th Round of Pakistan-Italy Annual Bilateral Political Consultations held virtually.Foreign Secretary Sohail Mahmood led the Pakistan side, while Secretary General […]
Read MoreGwadar Pro Gwadar: Chinese Ambassador to Pakistan Nong Rong on this week asked the companies in Gwadar to expedite the work on projects under the China-Pakistan Economic Corridor (CPEC). Ambassador Nong Rong visited Gwadar on January 27 and 28. During the two-day visit, Ambassador Nong visited all major projects under CPEC in Gwadar, including the […]
Read MoreLu Guangjin – China Daily The founding of the People’s Republic of China in 1949 laid the institutional foundation for the protection of Chinese citizens’ basic rights. The country’s Constitution, adopted in 1954, established the principles of people’s democracy, socialism and the system of people’s congresses, institutionally guaranteed that all State rights belong to the […]
Read MoreNewswire Islamabad: The Italian Ambassador to Pakistan Andreas Ferrarese said this week that Italy wanted to start a new era economic and trade cooperation with Pakistan through transfer of technology and for upgradation of Pakistan’s textile industry.Green economy, transfer of technology for industrial sector including textiles and agro industry, construction sector, education and health are […]
Read MoreChina Economic Net Shanghai: Shanghai launched 64 new projects with a combined investment of 273.4 billion yuan ($42.2 billion) this week, involving high-end industries, scientific and technological innovation, infrastructure, major livelihood and other fields. The projects will spread across the city and will further unleash Shanghai’s enormous development potential. It includes manufacturing, integrated circuits, biomedical […]
Read MoreLiu Qiyu – China Economic Net Beijing: “The natural, geographical and cultural environments of China and Pakistan are very different from each other, so during construction, we worked out measures to adapt to local conditions and shared our construction experience with our Pakistani friends,” noted Dong Zhihong, deputy general manager of Asia Pacific Division, China […]
Read MoreGwadar Pro Beijing: As many as 32 out of 40 major cities in China saw home rental fees drop year-on-year in 2020, the National Business Daily reported, based on a report from the Beike Real Estate Research Institute.Rent fees per apartment in nearly 90 percent of the 40 cities declined year-on-year, among which first-tier cities […]
Read MoreChina Economic Net Beijing: The epidemic-induced lockdowns loomed over China’s economy in the first half of 2020, but with quick emergency response and government-aided stimulus package, the country’s economy roared back.Massive tax cuts and increased government spending have helped the economy recover faster. The market is also closely watching over the country’s fiscal policy in […]
Read MoreNTC – A Rare Story of Resilience, Growth and Foresightedness When the Government decided to de-regulate Telecommunication sector, as a first step, converted T&T department into corporation and created PTC in 1991 through an Act of Parliament. As a second step, PTC was split into five entities such as PTCL, NTC, PTA, FAB and PTET […]
Read MoreCelebrating 25 years of Consistent Growth & Customer Satisfaction Syed Amin Ul HaqueFederal Minister(IT &Telecommunication) I like to felicitate National Telecommunication Corporation (NTC) management and employees on its “Silver Jubilee”. NTC, being the official ICT service provider of Government of Pakistan (GoP), is providing state of the art ICT services round the clock. With fast […]
Read MoreNewswire Islamabad: Foreign Minister Shah Mehmood Qureshi has invited Japanese investors to invest in Pakistan in various fields.Talking to Japanese Ambassador to Pakistan Kuninori Matsuda in Islamabad this week, he said all possible facilities will be provided to the investors. The Minister said there were diverse opportunities to promote bilateral relations in agriculture, industry, low-cost […]
Read MoreGwadar Pro Islamabad: China is helping Pakistan for safe and protected export of the delicate cherries to the Iron Brother as Islamabad prepares to send the first batch to Beijing this spring, a senior cabinet member said.Until now the Pakistani cherries’ export had been hindered as Pakistan lacked cold chain management, market information system, packaging […]
Read MoreLondon: The EU and UK have reached a post-Brexit trade deal, ending months of disagreements over fishing rights and future business rules. At a Downing Street press conference, Boris Johnson said: “We have taken back control of our laws and our destiny.”The text of the agreement has yet to be released, but the PM claimed […]
Read MoreCornelia Meyer Oil is in a happy place — so good indeed that this week’s Joint Ministerial Monitoring Committee (JMMC) of OPEC+, an accord of the 10 OPEC countries and their 13 non-OPEC allies led by Russia could be postponed to Jan. 4. The JMMC is monitoring compliance with the production cuts which — at […]
Read MoreLan Shunzheng – China Daily The year 2020, thanks to the novel coronavirus pandemic, may not have been particularly good for trade, regional and global, yet it has added vitality to multilateral economic and trade cooperation and win-win partnerships. The signing of the Regional Comprehensive Economic Partnership agreement by 15 countries on Nov 15 is […]
Read MoreIslamabad: Virgin Atlantic touched down in Islamabad from Manchester on 11th December for the first time. The airline follows this up with new routes departing from Islamabad to London Heathrow on 13th December and departing from Lahore to London Heathrow on 14th December. UK is home to the largest Pakistani diaspora community in the world, […]
Read MoreChen Qingqing and Fan Lingzhi Beijing: China has announced decisions to impose reciprocal sanctions against US officials in its executive and legislative branches, non-profit organization (NGO) representatives and their family members in response to the latest US sanctions on 14 Chinese deputy state-level officials. Officials in the US executive branch are believed for the first […]
Read MoreChina Economic Net Islamabad: Pakistan’s Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) has asked the government to bring projects relating to socio-economic development under the CPEC framework.The Committee said there was a greater need to pursue holistic and pragmatic approach for such inclusion of the projects into the CPEC. The Committee said it was necessary […]
Read MoreRitsuko Ando Japanese music enthusiasts, loyal to CDs long after the rest of the world went online, have begun reaching for the eject button and switching to streaming services as artists cancel in-store events and fans stay home because of the pandemic. Despite a slow decline in sales in the past decade, CDs are still […]
Read MoreNewswire Islamabad: Italy’s Italian Ambassador to Pakistan Andreas Ferrarese has urged to enhance the bilateral trade between Pakistan and Italy to its full potential from current $1.7 billion to $5 billion annually. In an interview, he said both the countries were interested to achieve the trade balance as currently Pakistan had a trade surplus with […]
Read MoreWang Wen – Global Times Human beings are encountering the gravest economic crisis and the deadliest life crisis since the end of WWII. To make matters worse, the strategic distrust between great powers has hit the lowest level since the end of the Cold War. Most Western media outlets have been deeply impacted by US […]
Read MoreIslamabad: The UK minister responsible for visas and immigration has encouraged even more students from Pakistan to choose the UK as a place to study as the International Students Day was marked on November 17. Kevin Foster MP, Minister for Future Borders and Immigration, used the annual celebration of international students to make clear the […]
Read MoreTokyo: The requirement by many of Japan’s firms that job applicants indicate their gender and even provide a photo on resumes has left the country out of step with the international norm, but that may be about to change.An internet petition campaign stressing that such practices can lead to discrimination has collected over 10,000 signatures, […]
Read MoreNewswire Faisalabad: Italy’s Ambassador to Pakistan Andreas Ferrarese has predicted that Pak-Italy bilateral trade will go up from $ 1.7 billion to its full potential of $4 billion. Addressing a meeting along with his spouse at the Faisalabad Chamber of Commerce and Industry (FCCI) this week, the envoy said he was posted about nine months […]
Read MoreMuhammad Asif Noor While the global north was gearing up for the mother of all elections in the US, which have strong political and strategic ripple effects, the global south was finalizing in a peaceful and purposeful manner wherein the fifth plenary session of the 19th Central Committee of the Communist Party of China was […]
Read MoreNong Rong I am honored to be the 18th Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Islamic Republic of Pakistan. A few days ago, I departed from Beijing, flew over the towering Karakorum Mountains and arrived in the beautiful city of Islamabad with joy. Although this is my first visit […]
Read MoreWang Wen – Global Times In the past year, I have been honored to be employed as a consultant of the 14th Five-Year Plan by two ministries and a western province. I have deeply felt that it is difficult and complex for China, a global power, to formulate its five-year plan, and that the 14th […]
Read MoreDr Saeed Ahmad Ali Lahore: The prevailing situation of COVID-19 globally has compelled the world to consume a variety of fruits and vegetables, especially orange (Kinnow) which contains maximum vitamins to minimize the ill effects and risks and enhance immunity against the pandemic. The grapes are the largest fruit production in the world, while the […]
Read MoreNewswire Rome: A sharp rise in demand for homes in southern Italy has upended previous property market trends, the latest statistics show.Italy’s domestic property market has long had two major splits – city and country, and north and south. Unsurprisingly, prices in and around northern cities such as Milan tend to be among the highest […]
Read MoreS. Ali Islamabad, October 21: China-Pakistan Economic Corridor (CPEC) has bolstered the economic activity in Pakistan as the multi-billion-dollar project is creating jobs, developing underdeveloped areas and connecting the whole region, senior government officials said.To government officials engaged with the CPEC told Covert that the CPEC had stimulated Pakistan’s economy and it was moving upwards […]
Read MoreCheng Xizhong – China Economic Net Beijing: Recently, three new Special Economic Zones (SEZs) are formally approved by the Board of Approvals (BOA), headed by the Pakistani Prime Minister, taking the total number to 20.According to an official announcement of the PM Office, the three SEZs are National Science & Technology Park, Islamabad, JW-SEZ China-Pakistan […]
Read MoreGwadar Pro Islamabad: Conspiracies against the China-Pakistan Economic Corridor (CPEC) will be defeated, and anti-CPEC elements will not be tolerated said the Pakistani Interior Minister Brigadiar Ijaz Shah (retd).In a television interview, Shah said, “The enemies of CPEC are involved in creating instability in Balochistan. Our next war would be fought against them.”“To further strengthen […]
Read MoreMuhammad Atif Ismail Multan: The excessive use of pesticides and fertilizers for last few decades has not only affected the environment but also damaged fertility of soil. Henceforth, The agricultural soil has become very much weak and unable to produce required or expected yield. The agriculture sector has utterly ignored the presence of organic matter […]
Read MoreGwadar Pro Beijing: With a new guideline aimed at improving the quality of listed companies, China is reinforcing efforts to better leverage the role of the capital market to support the real economy.The guideline, recently unveiled by the State Council, provides “comprehensive, systematic and targeted arrangements” for improving the quality of listed companies, said Yan […]
Read MoreKhurshid Ahmed Karachi: Motorcycles production and sales in Pakistan increased by over 70 percent in the first quarter of the current fiscal year, the highest ever quarterly output recorded in Pakistan, manufacturers and analysts said.“Motorcycle production and sales during the July-September 2020 period of the current financial year FY21 were recorded at 8,05,408 units, which […]
Read MoreIslamabad: Representatives of TikTok have held a virtual meeting with officials at the Pakistan Telecommunications Authority and resolved to arrive at a “mutually acceptable mechanism” to provide a safe internet experience for Pakistani users and pave the way for the app to be unbanned in Pakistan.Pakistan’s telecom regulator blocked TikTok last week for what it […]
Read MoreChina Economic Net Beijing: Italian and Chinese trade representatives have presented the 128th edition of the China Import and Export Fair, also known as the Canton Fair, to Italian companies.The online presentation was organized by the Italy China Chamber of Commerce in collaboration with the China Foreign Trade Center and with the support of the […]
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