Gwadar 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 […]
Read MoreChina Economic Net Wuyishan: Sitting cozily in his burlywood house, tea grower Wu Erlong spooned up some tea, took a small sip, and sniffed the aroma on the spoon.“These are freshly-made tea leaves. The quality is quite good,” said Wu, a resident of Xiamei Village in the city of Wuyishan, east China’s Fujian Province.Wuyi Mountains […]
Read MoreTim Korso Washington: Bill Gates, founder of tech giant Microsoft and the Bill & Melinda Gates Foundation, has projected that wealthy countries will return to normal life by the end of 2021, should the vaccines, currently being developed by western countries, work and be deployed in a timely manner. He added, however, that this is […]
Read MoreCovert Report Islamabad: Federal Board of Revenue (FBR) has started holding tax educational awareness sessions in different educational institutes of Islamabad.Under the Letter of Understanding (LoU) signed between FBR and Federal Directorate of Education (FDE), said a statement issued by FBR. The part of bilateral LoU, the series of tax awareness educational session held in […]
Read MoreDino-Ray Ramos It’s been said before, but it is worth saying again: diversity pays — but not in terms of checking boxes and tokenism. In a new report from the UCLA-based Center for Scholars and Storytellers titled “Beyond Checking A Box: A Lack of Authentically Inclusive Representation Has Costs at the Box Office”, researchers found […]
Read MoreNewswire Malacca: From a stall selling grilled seafood at the weekend night market of Jonker Street, a well-known tourist trap in Malaysia’s historic city of Malacca state, Loh Kee Seong watches the passers-by intently as they browse through the various food options available.Loh, who helps his nephew with the business, was upbeat about the return […]
Read MoreChina Economic Net Ruili: Wang Guangfu came for border trade in the city of Ruili in southwest China 20 years ago, but his lineup of products was quite limited: he mainly sold made-in-China laundry items to Myanmar.These days, however, he sells more than 10,000 types of products to Myanmar, in trade that has gone completely […]
Read MoreBy Liu Yi – China Daily As the COVID-19 pandemic continues to threaten the globe, the world economy has fallen into a serious recession. Despite this time of crisis, the development of the Belt and Road Initiative has not ceased.Instead, from January to August, China’s trade volume with countries involved in the BRI grew by […]
Read MoreStaff Writer Islamabad: The Executive Committee of National Economic Council (ECNEC) last week approved projects in various sectors worth of over Rs 440 billion.The meeting of the committee was held here with Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh in chair. The committee considered and approved the “Simplification of […]
Read MoreStaff Writer Islamabad: The National Assembly Standing Committee on Privatization was briefed last week on the privatization process of Heavy Electrical Complex (HEC) and also way forward for bidding and marketing finalization.The Director General, Privatization Division gave detailed briefing on Heavy Electrical Complex; he informed that Heavy Electrical Complex (HEC) is a subsidiary of State […]
Read MoreIslamabad: The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a 3-year global benchmark bond worth $3 billion and a 10-year global benchmark bond worth $1 billion, proceeds of which will be part of ADB’s ordinary capital resources.“We are pleased with the consistently reliable and strong support of […]
Read MoreIslamabad: The 3rd meeting of National e-Commerce Council (NeCC) has included the project “kickoff” between National Institutional Facilitation Technologies (NIFT) and Checkout.com for bringing international payment methods to Pakistan.The implementation will enable both organizations to provide payment services through each others infrastructure and pursue commercial opportunities as a partnership, said a press release issued by […]
Read MoreChina Economic Net Islamabad: China–Pakistan Economic Corridor (CPEC)’s Special Economic Zones (SEZs) are a lifetime opportunity for the Pakistani companies and the people as they will provide regular business and job openings.The SEZs with new business models are likely to generate reasonable jobs, develop industrial and business infrastructures and establish domestic value chains connected regionally […]
Read MoreWang Wen – Global Times US President Donald Trump said that he had approved “in concept” a deal in which Oracle and Walmart would partner with TikTok in the US. This means his previous suppression of TikTok has failed. It also means that after Huawei, another Chinese company going global has wisely been able to […]
Read MoreGwadar Pro Islamabad: Among the major catalysts and enablers of CPEC’s sustained progress has been Pakistan’s preferred connectivity partner Zong 4G.In a majority of CPEC projects, Zong 4G is playing the role of primary connectivity provider thanks to its unrivalled network footprint and best-in-class high-speed data products and services that have stimulated digital penetration in […]
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