Newswire Islamabad: Ambassador Extraordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia to the Islamic Republic of Pakistan Jemal Beker Abdula said this week that his country wanted to have bilateral cooperation with Islamabad in diverse areas of security, climate, tourism, business, trade and investment. “Pakistan has many products which are in huge demand […]
Read MoreCarlos Martinez When Joe Biden was elected in November 2020, many around the world were hoping for a change of course in the US’ reckless new Cold War. US-China relations have always been complex and difficult; yet from the early 1970s onward, the trajectory had been toward deepening economic cooperation and a nuanced handling of […]
Read MoreStaff Writer Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese this week urged Pakistani and Italian businesspersons to join hands and work together to enhance economic ties between Italy and Pakistan. In a meeting with Pakistani businesspersons, the Ambassador said his country gave utmost importance to relations with Pakistan and all-out efforts would be made to […]
Read MoreStaff Writer Islamabad: Ambassador of Indonesia top Pakistan Adam M. Tugio this week underlined that business communities of Indonesia and Pakistan need to explore sectors which can complement each other. The envoy paid a visit to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) office and had a detailed discussion with Senior Vice […]
Read MoreIslamabad: Pakistan is expected to sell two gas-fired power plants to Qatar in an estimated $1.5bn deal to avoid a looming sovereign default, media reports said. The development came two days after the government constituted a new cabinet committee to sell state assets on a fast-track basis. The newspaper reported that the 2460 MW capacity […]
Read MoreStaff Writer Islamabad: With a friendly Ambassador of Italy Andreas Ferrarese at the helm in Islamabad, Pakistan’s goods and services trade with Italy witnessed a surplus of 158.11 percent during the first five months of the current fiscal year (2022-23) as compared to the corresponding period of last year. While the credit for fast improving […]
Read MoreDr Mehmood Ul Hassan Khan – Gwadar Pro Currently, Pakistan is in dire need to attract more foreign direct investments (FDIs) to avoid so-called propagated default. The incumbent government headed by Prime Minister Shehbaz Sharif is striving to maintain economic stability and achieve sustainability. However, the main economic indicators are pushing us into deep waters. […]
Read MoreStaff Writer Islamabad: In a New Year letter circulated to Huawei 195,000 employees, Huawei Rotating Chairman Eric Xu said that the company expect to round off the year with a total revenue of 636.9 billion yuan, which is in line with forecast, a slight rise in last year total revenues which totaled 636.8 billion yuan. […]
Read MoreMick O’Reilly London: Yes, it was two years ago on New Year’s Day that the United Kingdom formally ended its 46 years of membership of the European Union and divorced itself from all things European. Except their footballers who can make it to the English Premier League, of course. In the same week as very […]
Read MoreStaff Writer Islamabad: Prime Minister Shehbaz Sharif this week telephoned Emir of Qatar Tamim bin Hamad Al Thani and invited him to participate in the International Conference on Climate Resilient Pakistan, co-hosted with the United Nations, in Geneva on January 9, 2023. The PM also thanked the Emir for the generous humanitarian assistance provided by […]
Read MoreStaff Writer Islamabad: Denmark’s Ambassador to Pakistan Jakob Linulf said this week that Green energy can yield huge socio-economic dividends for Pakistan. “Green energy can yield huge socio-economic dividends for Pakistan. Promise to work hard to materialize the ambitious plans shared by the Danish energy experts during the visit,” he tweeted. The government-to-government and peer-to-peer […]
Read MoreStaff Writer ISLAMABAD: Ambassador of Italy in Pakistan Andreas Ferrarese this week urged the members of Pakistan Italy Alumni Network to play their role in further cultural cooperation and economic integration between both countries. Talking to the Pakistan Italy Alumni Network, the Ambassador said this year trade had exponentially risen and can reach around €2 […]
Read MoreStaff Writer Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese said this week that Italy was interested to invest in various sectors in Pakistan. In a statement, the Ambassador pointed to enormous investment opportunities for mutual trade between Pakistan and Italy that can prove to be beneficial for both countries. The envoy said that after […]
Read MoreSialkot: Denmark Ambassador to Pakistan Jakob Linulf this week visited the Sialkot Chamber of Commerce and Industry (SCCI) to interact with the business community. The Ambassador was welcomed by President SCCI Abdul Ghafoor Malik. Addressing the participants, the president SCCI said the both countries should ensure dedicated efforts to further improve two-way trade under the […]
Read MoreYu Jincui, Xing Xiaojing and Chen Qingqing Beijing: Chinese President Xi Jinping this week concluded his Saudi Arabia trip, his first to the Middle East region after the 20th National Congress of the Communist Party of China, which was also an unprecedented diplomatic event with the Arab world. The trip has not only yielded fruitful […]
Read MoreStaff Writer Islamabad: Ambassador of the state of Qatar Sheikh Saoud Abdulrahman Al-Thani on Wednesday said an investment worth $3 billion would be made in Pakistan. “During the recent visit of Prime Minister Shahbaz Sharif to Doha, Qatar has announced to make an investment in Pakistan worth $3 billion. The Amir of Qatar has stressed […]
Read MoreChina Economic Net Lahore: “At the critical moment when Pakistan’s economy is passing through an era of stagflation, SEZs are significant for shaping Pakistan’s new ‘industrial identity’, under which Pakistan is supposed to stand side by side with Chinese companies to embark on contemporary economic projects,” highlighted S.M. Naveed, Chairman, Special Economic Zones Authority (SEZA), […]
Read MoreStaff Writer Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese this week welcomed the bolstering trade ties between Italy and Pakistan. The envoy, who has been active to enhance Pakistan-Italy business relations, said that the trend was encouraging and the two countries will work together to reach the potential trade mark. Pakistan’s goods and services […]
Read MoreDing Gang There have been two major industrial news stories recently. One is Taiwan Semiconductor Manufacturing Company (TSMC)’s investment of $40 billion in the US to build an advanced chips factory, with Biden attending the groundbreaking ceremony; The second is the US and EU using the carbon emission issue to propose new tariffs on steel […]
Read MoreNewswire Rome: The research and consulting company “Risposte Turismo” has revealed that in Bologna shopping Tourism – The Italian Forum is back after a two-year hiatus due to the pandemic. As a result, shopping tourists in Italy could exceed two million in 2023, marking a higher level than the 2019 results. In this regard, the […]
Read MoreStaff Writer Islamabad: Denmark’s Ambassador to Pakistan Jakob Linulf said this week that Pakistan has incredible potential to grow, and there were enough opportunities for trade to flourish here. “Despite the various current challenges, Maersk has played an important role as a trusted partner for Pakistan’s traders. Maersk’s commitment to invest in a large facility […]
Read MoreDing Gang When restructuring supply chains becomes a policy priority for the major industrial powers, international relations among them and those formed after the World War II will inevitably begin to reshuffle. The dramatic changes in China-US relations in recent years started with an adjustment of trade and supply chains. The process of restructuring the […]
Read MoreChina Economic Net Beijing: Chinese President Xi Jinping said this week that China is ready to work with Russia to forge closer partnership in energy cooperation. Energy cooperation is an important cornerstone of practical cooperation between China and Russia, and also a positive force for maintaining global energy security, Xi said in a congratulatory letter […]
Read MoreNewswire Beijing: China’s market watchdog has rolled out three new national standards for food container safety in a bid to step up the quality monitoring of related products and safeguard food security. With new materials and techniques being used in food packaging, the standards aim to enhance quality control for metal containers and fill the […]
Read MoreDing Gang NATO Secretary General Jens Stoltenberg warned on Monday about “growing Chinese efforts to control” critical infrastructure, supply chains and key industrial sectors. Like some European politicians who have pushed the “China threat” theory, Stoltenberg is using his fertile imagination to create false reasons to hide the looming recession across Europe in both economy […]
Read MoreZheng Yongnian The recently concluded international meetings – the ASEAN Summit, the G20 Leaders’ Summit and the APEC Economic Leaders’ Meeting – have once again put Asia in the global spotlight. Asia has become a global geopolitical and economic center. However, peace across the region is facing a growing number of challenges. Among them, what […]
Read MoreStaff Writer Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese said this week that Italy will extend all possible support to Pakistan to enhance olive production. Speaking during a meeting of the Steering Committee, on Olive Culture Holistic and Multi-Professional Mechanism, for a Pakistani Olive Oil Value Chain project at the Ministry of National Food Security […]
Read MoreStaff Writer Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese this week vowed to ease visa process for the Pakistani businessmen. The envoy hoped that the simplified the process of visa issuance to Pakistani businessmen and traders will further promote business to business ties between Pakistan and Italy. “Simplification of the VISA process and procedure […]
Read MoreGwadar Pro Islamabad: Ambassador of Vietnam to Pakistan Nguyen Tien Phong said this week that China-Pakistan Economic Corridor (CPEC) offered lucrative investment opportunities. Addressing the business community during his visit to Islamabad Chamber of Commerce and Industry (ICCI), he mentioned that CPEC had played a great role in developing undeveloped areas in Pakistan. He highlighted […]
Read MoreGwadar Pro Sargodha: University of Sargodha and Tang Chinese Education & Technology Ltd this week inked an agreement to promote cooperation in academic, educational and cultural spheres. According to UoS, a Memorandum of Understanding (MoU) has been signed at University of Sargodha. The agreement was duly signed by Additional Director Office of the Research Innovation […]
Read MoreStaff Writer Lahore: Punjab Governor Muhammad Baligh-ur-Rehman along with, the ambassador of Japan for Pakistan Mitishuoro Wada this week inaugurated the Pak-Japan Mini Expo and also the cultural night event. The visitors showed keen interest in the Japanese and Pakistani products on display. Live karate performance by Japan karate association were seen. Addressing on the […]
Read MoreStaff Writer Faisalabad: Ambassador of Indonesia to Pakistan Adam M. Tugio said this week that Indonesia and Pakistan must accelerate bilateral cooperation and research efforts to gain benefits from the flourishing Halal cosmetics market, which is rapidly increasing its share every year and creating number of investment opportunities with healthy future growth prospects. Speaking at […]
Read MoreChina Economic Net Hangzhou: The 2022 World Internet Conference Wuzhen Summit that concluded this week has demonstrated the role of digital technologies in advancing common prosperity in China, with a focus on expanding businesses, bridging the urban-rural divide and narrowing the income gap. Numerous case studies, on-site presentations and informed voices at the conference asserted […]
Read MoreChina Economic Net Beijing: The Beijing Stock Exchange has unveiled rules for margin trading and securities lending to prepare for the start of such businesses. The new businesses will help meet investors’ diversified trading demand, improve the pricing function of the market and boost market liquidity, according to the bourse. The rules are generally in […]
Read MoreStaff Writer Lahore: Ambassador of Denmark to Pakistan Jakob Linulf said this week that Pakistan and Denmark can cooperate much more on the cultural sector. “In LHR (Lahore). Pakistani kids & families were thrilled, shifting from silence in anticipation of what would happen next & to great laughter & cheering. Very proud that this exchange […]
Read MoreStaff Writer Islamabad: Ambassador of the State of Qatar Sheikh Saoud bin Abdulrahman Al Thani this week said that his country was always ready to cooperate with Pakistan. In a meeting with Minister of State for Foreign Affairs Hina Rabbani Khar, Ambassador Sheikh Saoud bin Abdulrahman Al Thani saif that both the countries had excellent […]
Read MoreChina Economic Net Beijing: China’s central bank has signed an agreement with the State Bank of Pakistan to establish RMB clearing arrangements in Pakistan. According to a statement on the People’s Bank of China website, these arrangements will assist enterprises and financial institutions in both countries in conducting cross-border transactions using RMB. They will also […]
Read MoreGwadar Pro Beijing: Pakistan’s seafood export to China topped $ 141.57 million, an increase of 34% in the month of January-September year-on-year, the General Administration of Customs of the People’s Republic of China (GACC) data showed. According to the General Administration of Customs of the People’s Republic of China (GACC), the trade of flours & […]
Read MoreChina Economic Net Beijing: For gardeners and homeowners who often lament the toil of mowing the lawn, a made-in-China robot can come to their service. The robotic lawn mower developed by Chinese service robotics firm ECOVACS can automatically map a lawn and its boundaries in less than 30 minutes, and mow a lawn of 600 […]
Read MoreNewswire Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese has been backing enhanced economic ties between Italy and Pakistan for the last more than two years when he took charge in Islamabad. This week, the Ambassador and his wife Albana Ferrarese hosted an event to promote architectural cooperation between Pakistan and Italy. Speaking at the event, […]
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